Caroline and Rose Matthes created Poplight, a renter-friendly wall lighting solution, to bring stylish lighting options to small spaces. They pitched their idea on Shark Tank in January 2024 and struck a deal with Kevin O’Leary for $150,000 in exchange for 8% equity, plus royalties per unit sold.
The Shark Tank appearance caused a 1,500% spike in orders, selling out inventory quickly. By May 2024, they began fulfilling preorders and expanded their collection with new colors and designs.
As of December 2025, Poplight is valued at $2.29 million, reflecting its strong growth and popularity among homeowners and renters alike.
The Poplight Wall Lighting Net Worth
Net worth | $2.29M (2025) |
Annual Sales Revenue | $183 000 |
Investor | Kevin O’Leary |
Investment | $150,000 for 8% equity, plus $2/unit royalty until $500,000 is made back; then, $1/unit royalty in perpetuity |
Founders | Caroline Matthes and Rose Fierman |
Employees | <10 |
The Poplight Wall Lighting Pitch on Shark Tank
Product | A remort control wall light |
Episode | Season 15 Episode 11 |
Founders | Caroline Matthes and Rose Fierman |
Asked for | $150,000 for 8% equity |
Company name | The Poplight Wall Lighting |
Final deal | $150,000 for 8% equity, plus $2/unit royalty until $500,000 is made back; then, $1/unit royalty in perpetuity |
Shark | Kevin O’Leary |
Location | Denver, Colorado |
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The Poplight Wall Lighting Founders
Caroline Matthes and Rose Fierman founded Poplight Wall Lighting in 2020. Caroline and Rose are ambitious entrepreneurs who have been working for years on developing this easy-to-install lightbulb.
Rose has previous work experience in the sales as well as customer care sectors. Caroline has experience working as a mentor at a youth program. The Poplight Wall Lighting’s founders, Caroline Matthes and Rose Fierman’s net worths are unknown as of 2025.
Key accomplishments
Year | Accomplishment |
2023 | They raised $170,000 from their Kickstarter campaign. |
2024 | The company holds a design patent and two pending patents on the technology. The company was featured on Shark Tank and secured a deal. |
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 The Poplight Wall Lighting and its continued success.