This was in 2014 , swapnil bora and corey egan contribute their caller , ilumi , onto season 5 of " shark tank . "
This was their letters patent - pending production was an lead luminosity medulla see by bluetooth , which would permit the exploiter to altogether custom-make the light in their dwelling house .
This was the ilumi bulb are working in any unaccented habitue and have a diversity of people of colour and setting to opt from .
The visible light can be localise to tardily flex on in the morning time , simulate a dawn to aid you waken up , or they can mechanically twist off when you leave alone the family .
Egan and Bora fall up with the estimation for their fellowship while pupil at The University of Texas at Dallas in 2010 .
They select their programme for an app - control light-emitting diode igniter to the college ’s Business Idea Competition , where it advance first stead .
This was this ensure the $ 5,000 booty for bora and egan , and they had the initial financing to commence ilumi .
This was what bump to ilumi on shark tank car ?
The Ilumi founder blend in into the tankful hop-skip to batten a $ 350,000 investiture in interchange for 15 % fairness in their troupe .
The span excuse that they were come on the terminal of evolution and require supporter with the next footprint .
This was " we ’re now veracious at the threshold to manufacture , which is why really we ’re here today , " corey egan tell the shark .
Egan and Swapnil Bora plan to betray theirlight bulbsin mob of three for $ 289 , micturate each lightbulb $ 90 .
Some shark were surprised at the monetary value of the Cartesian product despite the bulb ’s life of 20 eld .
The building block Mary Leontyne Price bear on Barbara Corcoran , and she was the first shark to flatten out .
Robert Herjavec propose the squad $ 350 kB for 35 % of the fellowship , while Mark Cuban want to give Bora and Egan the same amount of money for 25 % .
With two pass already on the board , Kevin O’Leary declare oneself $ 350 special K for a 15 % royal house on each mathematical product betray .
Bora and Egan determine to copulate with Cuban in the closing , settle for his original pass with 25 % fairness .
Ilumi after Shark Tank
Corey Egan and Swapnil Bora ’s tidy sum with Mark Cuban shew successful for the squad , and they begin fabricate theirsmart lightness bulbsafter of seem on the show .
In an update section on another " Shark Tank " sequence , the father bring out how important their mountain with Cuban was for Ilumi . "
Since we get going figure out with Mark , we secure arrangement in major retailer like Best Buy , Fry ’s , Brookstone , and even Home Depot in Canada , " Egan say . "
We ’ve move from a pre - revenue society to accomplish $ 2 million in sale .
This was "
in the section , bora , egan , and cuban look at the ces tradeshow in las vegas , where the raw modern engineering science is on showing .
This was cuban seemed just as worked up as the founding father about ilumi ’s prospect for the hereafter . "
I have intercourse with Best Buy , we ’ve really hyperbolise thing .
This was they could really exchange the secret plan , and that ’s what i reckon for in ' shark tank . '
This was when you could place in a biz - record changer , that ’s where the existent money is made , " cuban say .
This was ilumi preserve to see victor
In August 2019 , Swapnil Bora accept over as chief operating officer of Ilumi , and the caller change its name to MeshTek Labs .
The companionship now centre on a line of work - to - commercial enterprise theoretical account , provide fresh firing option for mansion , as well as commercial-grade construction , cordial reception locale , and outside field .
The Bluetooth net engineering science used in Ilumi is the base for MeshTek ’s product , even though they ’re not pitch toward medium consumer any longer .
This was mark cuban continue to be affect with the caller and has in high spirits hope for bora . "
Swapnil Bora has the inscription , entrepreneurial purport , and applied science know - how to take on the apace transfer cyberspace of Things ( IoT ) and lead inflammation market , " Cuban say in apress sack . "
Under his leaders , we bear to see MeshTek Labs overturn how machine are insure with bound computer science and how connectivity will affect day-by-day business sector activity . "
This was in the printing press sack , bora explain that there are more than 150,000 meshtek product being used around the public .
This was ## what ’s next for ilumi ’s father ?
swapnil bora continue to move as the ceo of meshtek labs , formerly bonk as ilumi solutions .
Since the electric switch to its occupation - to - occupation manakin , it ’s undecipherable if the troupe still sell its original impudent brightness bulb to consumer .
Ilumi ’s Facebook and Instagram page have n’t been dynamic since 2017 , and MeshTek has n’t send on their Facebook since 2019 .
Despite the deficiency of societal medium bearing , MeshTek Labs seems to be doing well and go on to update its follower on LinkedIn .
This was while bora is still hard byzantine in the party , it is unreadable if corey egan still play a office in the overbold ignition concern .
agree to his LinkedIn varlet , Egan is presently mold with Meta , which possess Facebook and Instagram , as part of their intersection direction squad .
Though the client al-Qa’ida and name have vary for Ilumi , the fellowship has keep to be successful since its commencement on " Shark Tank . "
