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iLumi
Deal
iLumi - Electronics LED smart light bulbs
Season 5, Episode 25
18-Apr-14
Plano, TX
Electronics
Entrepreneur Details
Entrepreneurs
Swapnil Bora and Corey Egan
Gender
Male
US Viewership
6.77M viewers
Website
www.ilumi.co
The Ask
$350,000
for 15% equity
Implied valuation:
$2,333,333
The Deal
$350,000
for 25% equity
Deal valuation:
$1,400,000
+0.0% vs ask amount
Equity changed by
+10.0%
Shark Investment (1 shark)
Mark Cuban
Investment
$350,000
Equity
25%
Additional Details
Pitch #
361
Season
20-Sep-13 – 16-May-14
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin