✓ Got a deal Status unconfirmed Season 5, Ep. 25 🔌 Electronics

iLumi on Shark Tank

iLumi makes smart LED light bulbs that connect to a smartphone, letting users change colors, brightness and schedules without a hub. They target tech-savvy homeowners who want customizable, app-controlled lighting.

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⏱ iLumi in 30 seconds

The ask$350K for 15%Valued at $2.33M
In the tankDeal: $350K for 25%With Mark
After the showNot confirmedNo public record either way
TodayStatus unconfirmed

iLumi Shark Tank deal

Asked for: $350,000 for 15%
Asking valuation: $2.33M
Result: Deal
Final deal: $350,000 for 25%
Deal valuation: $1.4M
Shark: Mark Cuban
Founders: Swapnil Bora and Corey Egan
From: Plano, TX
Aired: Apr 18, 2014

Asked

$2.33M

Got

$1.4M

Would you have invested in iLumi?

The pitch

Swapnil Bora and Corey Egan from Plano, TX pitched iLumi in Shark Tank Season 5, Episode 25 (aired Apr 18, 2014). They asked for $350,000 in exchange for 15% equity, valuing the business at $2.33M. The entrepreneurs walked away with a deal from Mark Cuban: $350,000 for 25%. That put the final valuation at $1.4M, 40% below what they originally asked for.

What happened to iLumi after Shark Tank?

Status unconfirmed Last checked November 1, 2026

Our checks

Nov 1, 2026: Removed the link to the company's website because its online store has been switched off.

We couldn't confirm whether iLumi is still operating. Its website did not respond at our last check (November 2026). Readers can share updates in the reviews.

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Reviews of iLumi

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Frequently asked questions

Did iLumi get a deal on Shark Tank?

Yes. iLumi got a deal with Mark Cuban for $350,000 and 25% equity.

Which Shark invested in iLumi?

Mark Cuban invested in iLumi on Season 5 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is iLumi still in business?

We couldn't confirm whether iLumi is still operating. Its website did not respond at our last check (November 2026). Readers can share updates in the reviews.

What season and episode was iLumi on Shark Tank?

iLumi appeared in Season 5, Episode 25, which first aired on April 18, 2014.

Where can I buy iLumi?

Search for iLumi on Amazon or major retailers; availability varies.

What was iLumi's valuation on Shark Tank?

The founders valued iLumi at $2,333,333 when they entered the Tank, and the final deal valued it at $1,400,000.