"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.

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

Don’t miss these products from Season 4

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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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