Lifter Hamper Net Worth Update: Asking Valuation and Current Evidence
Lifter Hamper’s current valuation and sales are unverified. Its $708,333 figure comes from the Shark Tank asking terms, while current stock needs checking.
Lifter Hamper is a laundry hamper with a built-in spring-loaded base that rises as clothes are removed, reducing the need for bending and heavy lifting. Designed to ease back strain, it’s perfect for busy households, seniors, and those with mobility issues.
Whether in a laundry room or dorm, the Lifter Hamper makes handling laundry more convenient and ergonomic. Inventor Marvin Philip pitched Lifter Hamper on Shark Tank Season 4 but left without a deal.
Lifter Hamper has been reported as licensed to Household Essentials after Shark Tank, but this review did not verify a current licensing agreement or dependable retailer stock. The product FAQ remains online; an undated informational page alone does not establish current production or fulfillment.
Check current inventory and shipping terms with the seller before relying on an older product listing.
Lifter Hamper’s Net Worth
| Current valuation | Not verified in the sources reviewed on 10 October 2026 |
| Annual Sales Revenue | Not verified in the sources reviewed on 10 October 2026 |
| Lifetime sales | Not available |
| Investor | None |
| Founders | Marvin Philip |
| Employees | Not available |
Lifter Hamper Pitch on Shark Tank
| Company name | Lifter Hamper |
| Product | Bungee spring-loaded hamper |
| Episode | Season 04 Episode 04 |
| Founder | Marvin Philip |
| Asked for | $85,000 for 12% equity |
| Final deal | No deal |
| Sharks | None |
| Location | Highland, California, United States |
Don’t miss these products from Season 4
Lifter Hamper Founder
Marvin Philip pitched Lifter Hamper on Shark Tank. His personal net worth was not verified in the sources reviewed. The $85,000-for-12% request implies an asking valuation of about $708,333 at the time; it is not a current valuation or completed investment.
Key accomplishments
| Year | Accomplishment |
| 2012 | product was pitched on Shark Tank. |
Conclusion
Lifter Hamper’s lifting mechanism remains documented in its product FAQ. Current revenue, company value, licensing status and reliable purchase availability require fresh confirmation.
Correction — 10 October 2026: Separated the historical asking valuation from present company value, removed unverified annual revenue and qualified current licensing and availability claims.
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