Liftid Neurostimulation, an alternative to chemical stimulants, was started by Ken and Allyson Davidov in 2018. As of December 2023, Liftid Neurostimulation’s net worth is $20 million and they’re pulling in a whopping $5 million in annual revenue. 

In November 2021, they appeared on Season 12 of Shark Tank USA seeking $200,000 for 10% equity valuing the company at $2 million. But the Sharks were not interested in investing in Liftid Neurostimulation. When Cuban read the medical disclaimer, it sealed the deal. Adding to the problem, Ken kept talking non-stop. None of the Sharks wanted to be linked with this kind of product, so they all withdrew.

As of 2023 December, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

Liftid Neurostimulation Net Worth

Net worth$20 million
Annual Sales Revenue$5 million
Profits
Lifetime sales$126K (As of 2020)
InvestorNone
FoundersKen and Allyson Davidov
Employees1-25 employees

Liftid Neurostimulation Net Worth Timeline

Net Worth 2023$20 million
Net Worth 2022$19.5 million
Net worth valuation 2021 before appearing on Shark Tank  $2 million

Liftid Neurostimulation Pitch on Shark Tank

Company nameLiftid Neurostimulation
ProductLIFTiD Neurostimulation is designed to provide a steady, low-level electrical current to the dorsolateral prefrontal cortex area of the brain automatically during each stimulation session
EpisodeSeason 12 Episode 05
Founder Ken and Allyson Davidov
Asked for$200,000 for 10% Equity
Final dealNo Deal
Shark No Shark
LocationMaryknoll, New York, United States

Don’t miss these product from Season 12

Liftid Neurostimulation Founders

Liftid Neurostimulation was founded by Ken and Allyson Davidov in 2018. Ken and Allyson Davidov coming from New York City. Ken holds a marketing degree from Tulane University. While they presented the product on Shark Tank, they are not the original creators. Dr. Theodore Schwartz, a Harvard University graduate and a prominent neurological surgeon in America, developed the product. However, Ken and Allyson utilized their marketing and sales skills to promote the idea to the public. Liftid Neurostimulation’s founders, Ken and Allyson Davidov, have a net worth of 1 billion USD as of 2023.

Key accomplishments

YearAccomplishment
2019The Gadget Flow website has this product listed, and it won the Best Product Awards in 2019.
2021The company appeared on Shark Tank Season 12.

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 Liftid Neurostimulation and its continued success.

 

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