
LuminAID
After the devastating 2010 earthquake in Haiti, architecture students Andrea Sreshta and Anna Stork invented LuminAID. This product is an inflatable solar item that is designed to provide a source of light in any situation. It’s great for camping, hiking, and working outdoors.
When it appeared on Shark Tank, LuminAID appealed to all five sharks, and they all made a deal. Sreshta and Stork ultimately decided to partner with Shark Mark Cuban, who offered them $200,000 for a 15 percent stake. After being on the show, LuminAID doubled its sales to $2 million. More than 50,000 LuminAID lights have been distributed in over 50 countries that have been impacted by disasters.