Lifter Hamper Update | Season 4

After a devastating back injury ended Marvin Phillip’s NFL career, he was left with chronic back pain. He needed a solution to help with laundry, and his hamper is just the thing! Will he earn a deal on Shark Tank Season 4? Find out in our Lifter Hamper update!

Shark Tank Lifter Hamper Update

Lifter Hamper Update

  • Entrepreneur: Marvin Phillip
  • Business: Bungee spring-loaded hamper
  • Ask: $85,000 for 12% equity
  • Result: No deal
  • Shark: None

Marvin created the Lifter Hamper by using a bungee spring-loaded liner that brought clothes from the bottom to the top without having to bend and reach to get everything out of the hamper.

The sharks thought the design was pretty good, as the liner worked well and the hamper featured wheels to help get it around with minimal effort.

Kevin O’Leary asked Marvin to clarify his $700,000 valuation.  At this juncture, Marvin revealed that the item was not on the market yet, inspiring an outburst from the sharks who did not like hearing that at all.

He then shared that he had put $75,000 of his own money into the product.

Mark Cuban was the first to go out, stating he wouldn’t be able to help. Robert went out next because he felt it would take too much work to get Marvin where he needed to be.

Lori Greiner echoed Robert’s sentiments that it was too early and she was also out, with Kevin following.

Daymond John was the final shark remaining, but he too went out without an offer.

Marvin left Shark Tank Season 4 without a deal, but how is the company doing years later? Keep reading our Lifter Hamper update to find out!

We have good news to share in our Lifter Hamper update! In 2015, Marvin received a licensing deal from Household Essentials, which helped him bring the product to numerous retail operations, both in-store and online.

The product is available through many online retailers. The company has an estimated annual revenue of $1 million, thanks to the licensing deal.

If we get more news on our Lifter Hamper update, we will be sure to let you know!

Would you like to learn about the other companies featured on Season 4 Episode 4? Follow the links below!

For even more on companies and products, be sure to stop by our Season 4 Products Page!

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Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!