Better Life is a all-natural multipurpose cleaning products brand. This was started by Tim Barklage and Kevin Tibbs in 2008. As of October 2023, Better Life net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.
In November 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner, for $400,000 for 17% of equity. The final valuation was $2.35 million, down from the founder’s initial estimate of $5.7 million.
As of October 2023, Better Life is actively running the business. Better Life offers you an array of non-toxic products ranging from bath and kitchen to all-purpose cleaning products. Better Life was acquired by Bissell in 2018, and the business continues under the acquired company. You can purchase these products via the company website. Better Life products are also available at Amazon, Target, and other selected stores.
Better Life Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $5 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Lori Greiner |
| Founders | Tim Barklage and Kevin Tibbs |
| Employees | 10 – 50 |
Better Life Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation in 2013 after appearing on Shark Tank | $2.35 million |
| Net worth valuationin 2013 before appearing on Shark Tank | $5.7 million |
Better Life Pitch on Shark Tank
| Company name | Better Life |
| Product | All-natural multipurpose cleaning products |
| Episode | Season 05 Episode 07 |
| Founders | Tim Barklage and Kevin Tibbs |
| Asked for | $400,000 for 7% equity |
| Final deal | $400,000 for 17% equity |
| Shark | Lori Greiner |
| Location | St. Louis, Missouri |
Don’t miss these products from Season 5
Better Life Founders
Tim Barklage and Kevin Tibbs founded Better Life in 2008. Tim and Kevin are lifelong friends and business partners. Tim comes from a professional business background, and Kevin initially worked for the skin and haircare products industry. Two friends came across the idea of Better Life to prevent the harm of chemical and toxin-based cleaning products. Their skills helped them to pull off a successful business. Better Life’s founders, Tim Barklage and Kevin Tibbs, have a net worth of 4 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | The company got featured on Shark Tank season 5 and secured a deal |
| 2018 | Bissell, Inc. acquired the company in 2018 |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Better Life and its continued success.
