Lifter Hamper, a Bungee spring-loaded hamper, was started by Marvin Phillip in 2013. As of October 2023, Lifter Hamper’s net worth is $708,000 and they’re pulling in a whopping $1 million in annual revenue.
On October 5, 2012, they appeared on Season 4 of Shark Tank USA seeking $85,000 for 12% of equity valuing the company at $708,000. However, the Sharks were not interested in investing in Lifter Hamper. Sharks were not curious because they stated that the company was too early to invest.
Lifter Hamper is in business, their products are available on Amazon but the website is Down.
Lifter Hamper’s Net Worth
| Net worth | $708,000 (Business Valuation) |
| Annual Sales Revenue | $1 million |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founders | Marvin Phillip |
| Employees | – |
Lifter Hamper Net Worth Timeline
| Net Worth 2023 | $708,000 |
| Net Worth 2022 | $650,000 |
| Net Worth 2021 | $600,000 |
| Net Worth 2020 | $500,000 |
| Net worth valuation in 2012 before appearing on Shark Tank | $708,000 |
Lifter Hamper Pitch on Shark Tank
| Company name | Lifter Hamper |
| Product | Bungee spring-loaded hamper |
| Episode | Season 04 Episode 04 |
| Founder | Marvin Phillip |
| 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
Lifter Hamper was founded by Marvin Phillip in 2012. The company was inspired to create the product as a result of his injuries. He is very passionate about when he comes to his inventions. Lifter Hamper’s founder, Marvin Phillip, has a net worth unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2012 | product 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.
