Shark-Tank-US-Net-worth-UpdateLuminAID

LuminAID, a solar powered inflatable light, was started by Andrea Sreshta and Anna Stork in 2010. LuminAID’s net worth was $1.3 million in 2015 based on the Shark Tank deal.

In February 2015 they appeared on Season 06 of Shark Tank USA and made a deal with Mark Cuban, $200,000 for 15% Equity .

In November 2021, Luminaid was acquired for an undisclosed sum by Adventure Ready Brands. However, the company is still in business as of October 2023 and, you can purchase products on e-commerce channels such as their website and Amazon.

LuminAID Net Worth

Net worth$7 million (2022)
Annual Sales Revenue$5.5 Million
Profits–
Lifetime sales$2 million (2015)
InvestorMark Cuban
FoundersAndrea Sreshta and Anna Stork
Employees1-10 employees

LuminAID Net Worth Timeline

Net Worth 2023Not Disclosed
Net Worth 2022$7 million
Net Worth 2021$6.5 million
Net Worth 2020$6 million
Net worth valuation 2015 after appearing on Shark Tank  $1.3 million
Net worth valuation 2015 before appearing on Shark Tank  $2 million

LuminAID Pitch on Shark Tank

Company nameLuminAID
ProductSolar powered inflatable light
EpisodeSeason 06 Episode 20
Founders Andrea Sreshta and Anna Stork
Asked for$200,000 for 10% Equity
Final deal$200,000 for 15% Equity
Shark Mark Cuban
LocationChicago, Illinois

Don’t miss these product from Season 06

LuminAID Founders

LuminAID was founded by Andrea Sreshta and Anna Stork in 2010. Anna Stork and Andrea Sreshta developed this technology in 2010 as a response to the 2010 Haiti earthquake while studying at Columbia Graduate School of Architecture, Planning, and Preservation. They later witnessed the destruction caused by significant disasters during a school trip in March 2011 during the earthquake in Japan. LuminAID’s founders, Andrea Sreshta and Anna Stork, net worth are unknown as of 2023.

Key accomplishments

YearAccomplishment
2013The product claimed top prizes in various business contests, such as the $100K Midwest 2013 Clean Energy Challenge, the William James Business Plan Competition, and the Chicago Booth School of Business Social New Venture Challenge.
2015The company appeared on Shark Tank Season 06 and got the deal from Mark Cuban
2016LuminAID received a patent from the United States Patent Office in 2016 for their lighting technology
2021In July 2021, LuminAID’s website offered nine various solar lanterns for purchase, in addition to a solar speaker

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for LuminAID and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

More Reads For Geeks

ZuGoPet-Shark-Tank-US-Net-worth-Update
/

ZuGoPet Net Worth 2023 Update (Before & After Shark Tank)

ZuGoPet, Dog car harness and other stylish, multifunctional pet products, was started by Carolyn Shewfelt and Juls Bindi in 2013. As of September 2023, ZuGoPet net worth is $3.8 million and they’re pulling in a whopping $1 million in annual revenue.  In 2019 they appeared on season 10 of Shark Tank USA seeking $100,000 for 10%  of equity valuing the company at $1 million. But the Sharks were not interested in investing in ZuGoPet. Because the product was too expensive and it had limited market appeal. ZuGoPet is still in business as of October 2023. Overall, it is too early to say whether ZuGoPet will be a successful company. However, the company is still in business, and it has the potential to grow in the…

Zorpads-Shark-Tank-US-Net-worth-Update
/

Zorpads Net Worth 2024 Update (Before & After Shark Tank)

Zorpads, shoe inserts to eliminate unpleasant odor, was started by Zierra Smith and Taylor Weigele in July 2017. As of April 2024, Zorpads net worth is $4.1 million. And they’re pulling in a whopping $4 million in annual revenue.  In January 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Charles Barkley and Lori Greiner, for $150,000 for 22.5% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $1.87 million. Zorpads is still in business as of 2024. They sell their odor-eliminating shoe inserts on their website and through a variety of retailers. The company has also expanded its product line to include other odor-eliminating products, such as insoles for sports shoes and travel…

Zookies-Cookies-Shark-Tank-US-Net-worth-Update
/

Zookies Cookies Net Worth 2023 Update (Before & After Shark Tank)

Zookies Cookies, dog treats, was started by Justin Miller and Tom Simon in 2017. Zookies Cookies net worth was $166,000 in 2019 based on the Shark Tank deal. In 2019 they appeared on season 10 of Shark Tank USA and made a deal with Alli Webb, $50,000 for 30% of equity. Zookies Cookies is out of business. They offered a variety of dog treat mixes and cookies that are made with whole, organic ingredients. But you would not be able to purchase their products anymore. Zookies Cookies Net Worth Net worth $4 million (2023) Annual Sales Revenue $124,000 (2023) Profits Not publicly available Lifetime sales Not publicly available Investor Alli Webb Founders Justin Miller and Tom Simon Employees Not publicly available Zookies Cookies Net Worth…

Shark-Tank-US-Net-Worth-2023-UpdateS05E26Zoobean
/ /

Zoobean Net Worth 2023 Update (Before & After Shark Tank)

Zoobean is a literacy building app. It was started by Felix Brand Lloyd and Jordan Lloyd Bookey in 2013. As of October 2023, Zoobean’s net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.  In 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban, for $250,000 for 25% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $1.6 million. Zoobean could boost business after the Shark Tank Appearence, and as of October 2023, the company is still running operations. You can download the app via Google Play Store and App Store.  Zoobean Net Worth Net worth $5 million (2023) Annual Sales Revenue $5 million (2023) Profits…

Leave a Reply