Marvin Philip, the founder and CEO of Lifter Hamper suffers from low back discomfort due to injuries he sustained while playing football for the Pittsburgh Steelers, Cleveland Browns, and Buffalo Bills.
The inventor of the washing machine offered a solution to hampers that require you to bend down to remove dirty clothes.
Lifter Hampers are made from a sturdy material that allows clothes to be lifted from the bottom to be stored in the top of the hamper, eliminating the need for stooping and squatting.
Marvin hadn’t yet put the product on the market when the film was filmed.
What Is Lifter Hamper?
The Lifter Hamper is an innovative laundry hamper that drops down with weight and rises to the top as laundry is removed from the hamper. The Lifter Hamper has a patented Lifter Liner.
This innovative laundry hamper features a Lifter Liner that allows the hamper to drop to the bottom with the weight of the laundry and rise back to the top when the laundry is taken out.
You can easily move Lifter Hamper from one place to another with the wheels and handle, making that back-breaking task much easier.
Lifter Hampers have a removable outer shell making them as fashionable as functional. You can choose from several colors.
Lifter Hamper is a bungee spring-loaded laundry basket that descends as you fill it with laundry but rises again when you remove it from the sink to dry it in the washing machine or dryer.
Additionally, Lifter Hamper saves you the effort of bending over, which is very beneficial for people who suffer from back difficulties.
|Company Name||Lifter Hamper|
|Product / Business||A laundry hamper that raises clothes from the bottom|
|Investment Asking For||$85,000 for 12% equity in Lifter Hamper|
|Final Deal||No Deal|
|Episode||Season 4 Episode 4|
|Business Status||In Business|
Who Is The Founder Of Lifter Hamper?
Lifter Hamper was founded by former NFL player Marvin Phillip, whose career was cut short by injury.
When Marvin Philip was playing football for the Pittsburgh Steelers, Cleveland Browns, and Buffalo Bills, he suffered injuries to his low back that resulted in extreme discomfort. Marvin Philip invented the Lifter Hamper as a result of his injuries.
He searched for a way to remove soiled items from hampers that require you to bend down because he is uncomfortable and has limited mobility.
He has invented a revolutionary Lifter Hamper made of material that, when you remove the clothes from the top of the hamper, raises the clothes from the bottom, preventing you from bending down to remove the clothing.
He was uncomfortable due to the constant hunching over. The Lifter Hamper was the result of his idea.
He invested approximately $75,000 of his own money in developing a design and acquiring a patent.
However, he lacked the necessary financial resources to manufacture and market his product. He was still able to negotiate contracts with e-commerce companies such as Amazon while this was going on.
He sought out an investor who was both a mentor and someone who could give him advice on making the product even better.
Marvin began to hunt for a mentor and investor who would not only aid him in getting his invention into production but could also assist him in improving it.
Lifter Hamper Before Shark Tank
Marvin Phillip introduces himself in an audition video as he sits on the sidelines of a football field.
He claims that he was picked up by the Pittsburgh Steelers in 2006 and played with them until 2011.
Unfortunately, Marvin suffered a back injury a few years later, which forced him to retire from professional football.
He started watching television instead of playing football, so he did not completely give up on football.
Even the simplest tasks requiring him to bend over, such as carrying out laundry, were difficult for him to accomplish because of back discomfort.
He explained that he had been looking for a solution that would assist him in adapting but that nothing on the market met his needs.
Marvin, on the other hand, chose to design his own. The footage showed him working on his computer, receiving orders from customers.
Because Marvin was new to the business, he expressed his desire to learn from the Sharks and gain their advice. He said that his product had enhanced his quality of life and elevated his mood.
How Was The Shark Tank Pitch Of Lifter Hamper?
Marvin appeared on Shark Tank seeking an investment of $85,000 in exchange for a 12 percent stake in Lifter Hamper.
Mark Cuban does his laundry and suffers from back ailments, neither of which convinces him that he can assist him with the Lifter Hamper. He is out
Daymond Although he supports Marvin and acts like a shark because he offers 12 percent of what currently has no value. He has left.
Kevin O’Leary does not like the worth of the company that is entering Shark Tank, and as a result, he gets ejected from the show.
However, Lori Greiner believes that the lifter hamper may be too tough to move about. She has left, but she keeps the possibility open that he may contact her in the future.
Robert Herjavec believes that investing in Lifter Hamper is premature and that Marvin should first go out and sell some hampers to make up for a lost time.
Mr. Wonderful is dissatisfied with the appraisal and decides to leave. Even though Mark enjoys the product and claims to wash all of his laundries, he is not the ideal match for Marvin, and he is out as well.
Likewise, Robert believes it is too early to invest, so he has opted out.
Daymond has also been ruled out. Lori enjoys the product, but she does detect some issues in it.
She believes that the wheels are either too small or too ineffective. She believes Marvin is barely halfway there, so she leaves, but she instructs Marvin to call her as soon as the company has progressed any further.
Final Deal: No deal between Sharks and Lifter Hamper.
What Happened To Lifter Hamper After Shark Tank?
Marvin Phillip launched a crowdfunding campaign on Indiegogo.com within hours after his appearance on Shark Tank.
He didn’t time the campaign launch to coincide with the episode’s premiere, even though he reduced his asking price to $25,000.
Yet, Marvin still raised $10,000 for the Lifter Hamper, and he was awarded the funds.
Their Twitter feed has a top-pinned post from 2015 in which Household Essentials is featured.
Lifter Hamper is currently on sale on Amazon for around half of its original retail price, and it’s received positive customer feedback.
Lifter Hamper appears to be continuing operations despite not being awarded a contract on Shark Tank.
Lifter Hamper Shark Tank Update
Marvin was able to sell out of his Lifter Hamper merchandise the same night the episode aired on television.
Marvin ran two Indie GoGo crowdfunding campaigns, raising a little more than $16,000.
There have been sporadic unavailability since then. Currently, Lifter Hamper is again available on Amazon, and their website has been updated.
The product started shipping in March 2013, allowing the enthusiastic fans to get their hands on one!
Marvin leased the product to Household Essentials in 2015, and the company began selling it in 2016. They are a retailer of household goods on the internet.
Is Lifter Hamper Still In Business?
Marvin Phillips licensed the lifter Hamper to a business named Household Essentials, which is responsible for marketing and distributing the hamper. The agreement became effective on August 1st, 2015.
Lifter Hamper is available through Amazon’s shop and Prime, making it one of the most innovative products today.
While Phillip did not receive a contract on Shark Tank in 2012, viewers urged him to continue with his venture, which led to the launch of an Indiegogo campaign in the following year.
Phillip was successful in raising funds necessary to bring Lifter Hamper to fruition. Lifter Hampers are now available for purchase on Amazon for the low price of $40.
Lifter Hamper is still in business as of May 2022.