Lumi is a DIY photo printing kit that uses natural sunlight to print photographs onto textiles including t-shirts. The entrepreneur behind Lumi, Jesse Genet, pitched her business on Shark Tank in February 2015. She went into the Tank seeking an investment of $250,000 in exchange for 5 percent equity. The Sharks didn’t bite on her $5 million valuation of the company but soon after the episode aired, Silicon Valley startup incubator Y Combinator did.
One month after the Shark Tank episode aired, with the seed money from Y Combinator, Lumi launched its new software platform, Lumi.com, for designing and ordering custom made packaging and branding accessories such as stickers and rubber stamps. Thousands of companies now use Lumi for their packaging including The Wall Street Journal, ShaveFace, Blackbox, and MailChimp, among others. Lumi offers three different plans: Starter (for companies shipping over 1,000 orders/month), Growth (10,000 orders/months), and Enterprise (100,000 orders/month).
Looks like future guest Shark Chris Sacca would have made an offer…
Holy shit, I just saw the quarterly update from @Lumi. @jessegenet is on fire. Go work there immediately. https://t.co/aqH4RSQ41C
— Chris Sacca (@sacca) October 28, 2017
