Lifter Hamper Net Worth 2025 Update (Before & After Shark Tank)

"Lifter Hamper" Net Worth 2023 Update

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. Entrepreneurs Cyndi and Ron LaTour pitched Lifter Hamper on Shark Tank Season 4 but left without a deal.

Despite this, their appearance generated buzz and boosted sales, helping the business gain traction. As of 2025, Lifter Hamper is still in business, selling on platforms like Amazon and Walmart.

The product remains a popular choice for those seeking a simple yet effective way to make laundry day easier.

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Lifter Hamper’s Net Worth

Net worth$708,000 (Business Valuation)
Annual Sales Revenue$1 million
Lifetime salesNot available
InvestorNone
FoundersMarvin Phillip
EmployeesNot available

Lifter Hamper Pitch on Shark Tank

Company nameLifter Hamper
ProductBungee spring-loaded hamper
EpisodeSeason 04 Episode 04
FounderMarvin Phillip
Asked for$85,000 for 12% equity
Final dealNo deal
SharksNone
LocationHighland, California, United States

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Lifter Hamper Founder

Marvin Phillip founded Life Hamper in 2012. He is very passionate about when he comes to his inventions. Lifter Hamper’s founder, Marvin Phillip, has a net worth unknown as of 2025.

Key accomplishments

YearAccomplishment
2012product was pitched on Shark Tank.

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 Spretz and its continued success.

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