Life Lift Systems, tornado shelters, was started by Levi Wilson and Tim Todd in 2018. As of November 2023, Life Lift Systems net worth is $15 million and they’re pulling in a whopping $5.6 million in annual revenue.
In January 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Mark Cuban, for $550,000 for 25% of equity. The final valuation was $2.2 million, down from the founder’s initial estimate of $3.66 million.
As of November 2023, it is unclear whether Life Lift Systems is still in business. Obviously, this may have gone out of the business. The company’s website and social media channels appear to be inactive, and there have been no recent news articles or press releases about the company.
Life Lift Systems Net Worth
| Net worth | $15 million (2023) |
| Annual Sales Revenue | $5.6 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Mark Cuban |
| Founders | Levi Wilson and Tim Todd |
| Employees | Not publicly available |
Life Lift Systems Net Worth Timeline
| Net Worth 2023 | $15 million |
| Net Worth 2022 | $15 million |
| Net worth valuation 2019 after appearing on Shark Tank | $2.2 million |
| Net worth valuation 2019 before appearing on Shark Tank | $3.66 million |
Life Lift Systems Pitch on Shark Tank
| Company name | Life Lift Systems |
| Product | Tornado Shelters |
| Episode | Season 10 Episode 13 |
| Founders | Levi Wilson and Tim Todd |
| Asked for | $550,000 for 15% equity |
| Final deal | $550,000 for 25% equity |
| Shark | Mark Cuban |
| Location | Oklahoma City |
Don’t miss these product from Season 10
Life Lift Systems Founders
Life Lift Systems was founded by Levi Wilson and Tim Todd in 2019. He has a background in engineering and product development, and he has founded several successful companies. Tim Todd is an experienced marketing and sales professional with a deep understanding of the customer journey. Life Lift Systems’s founders, Levi Wilson and Tim Todd, have a net worth of $11.25 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | Appeared on Shark Tank season 10 and Mark Cuban invested $550,000 for 25% equity |
| 2020 | Life Lift Systems helps to save the lives of over 100 people during a major tornado outbreak. |
| 2021 | Life Lift Systems is named one of the “Fastest Growing Companies” by Inc. magazine. |
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 Life Lift Systems and its continued success.
