Liftid, which is a transcranial neuro-stimulation device, improves focus on one’s work. This Liftid device’s founders Ken Davidov and Alyson Davidov brought it to Shark Tank Season 12 Episode 5 in order to get $200,000 funding from the sharks and exchange 10% of the equity.
Liftid is worth $2 million after this ask in Shark Tank. As explained on the Liftid website, tDCS is a type of neurostimulation that applies flame-level electricity to an area of your brain. According to Dr. Schwartz’s studies, this tDCS work in focusing on Brian, it is useful in increasing blood flow, enhancing neurotransmitter release, and activating neurons.
Sometimes it happens that due to our work or some personal reason, we feel so much stress that we are not able to focus on anything.
It is true that if any work is to be accomplished, then focus is necessary for it, without it it will not be possible. Apart from this, there are many reasons why we are not able to focus our courage.
Theodore H. Schwartz, MD in the item this product was developed it is called transcranial direct current stimulation (tDCS) It’s the alternative that people make to chemical stimulants, caffeine and sugar, and other performance-enhancers.
Schwartz is a very good credentialed neurosurgeon and he developed this product to help the brain focus.
What Is Liftid?
Liftid is a technology solution designed to enhance brain performance. It is reportedly called transcranial direct current stimulation(tDCS).
Using it, you can improve your brain focus and you can also increase the blood flow. Liftid is a headband with electrodes.
It is easy to use it, before using this device, soak the cotton in the liquid and keep it in the touching part of the head of the device. After that, take this device properly in the part of your head.
A boat has been given on the lower part of the lifted, on doing which it starts beeping and heals your head as a message.
Many criteria have been given in the Guidance Book of this product that who cannot use this product.
According to Dr. Schwartz, if Liftid is used to train the brain for 20 minutes, it will maximize the brain’s attention and focus.
Liftid Shark Tank Update
|Founder||Ken Davidov and Alyson Davidov|
|Product||transcranial neuro-stimulation device for improving focus|
|Asked For||$200,000 for 10% Equity|
|Final Deal||No Offer|
|Episode (Shark Tank USA)||Season 12 Episode 5|
|Air Date||November 13, 2020|
|Business Status||In Business|
|Net Worth||$25 Million *estimated|
Liftid Contact Details
|Place||New York, New York City, United State|
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Who Is The Founder Of Liftid? – Ken Davidov and Alyson Davidov Shark Tank
The inventor of Liftid is Theodore H. Schwartz, Md. He developed this Transcranial Direct Current Stimulation (tDCS).
Schwartz holds an undergraduate and medical degree from Harvard University. His specialist was in the surgical treatment of brain tumors, pituitary tumors, and epilepsy using the latest techniques in computer-guided surgical navigation, minimally invasive endoscopy, and microsurgery.
Ken works for the business development of this product and his wife Allyson helps him in marketing. Ken has partnered with a company called Taste Boosters LLC in May 2020
Liftid Before Shark Tank
It has been found in 5000 medical studies that this method works in increasing blood flow, enhancing neurotransmitter release, and activating neurons.
You can use it to bring focus to anything like gaming, writing, boxing, etc.
This product is listed on the thegadgetflow website and it got the Best Product Awards in 2019. The cost of its single unit is $159 which is quite expensive.
Only those who are above 18 years of age can use this product, if someone has any disease then they should stay away from it.
Did Liftid Get a Deal on Shark Tank?
Alyson asked the Sharks for $200,000 for 10% equity after her company was featured on Shark Tank.
He gave a demo session of his product to Shark very well so that Shark could understand this product better.
When Kevin asked about the sales rate of their product, this company had sold 1,240 products by October 1st, 2020.
In this, the cost of manufacturing is $22 with Duty All In. And he used to sell in 2020 for $149. He did sales of $126,000 during this period.
Lori said that he does not invest in any kind of product, which is to say that without doing anything, weight loss, good looking, it should change the body. Because of this, she is out of this offer.
Robert said that Ken has definitely made a good sale but he is not able to justify the quality of his product. Robert is also out of this deal for this reason.
Daniel Lubetzky said that it cannot be doubted that Ken’s Belief about this product. But he cannot invest in it because he does not believe in this product.
Kevin O’Leary also made his decision that he is out of this offer, he cannot invest in it.
Mark Cuban said “You tried to sell science without using science” for those reasons I’m Out.
Liftid has not received any deals from the Shark Tank show.
What Happened To Liftid After Shark Tank?
Liftid is a science technology device that helps the brain focus, although it was not funded by Shark Tank.
Shark Tank proved to be very positive for this product, after it was featured in Shark Tank when this episode was released, its sales also started increasing.
During this, he had done a lot of his unit sales, which took him to the million-dollar sales in just a few months.
After Shark Tank, Liftid also became available on Amazon. They got many orders through Amazon itself.
The sales report of this company was released in May 2022 in which this company has made $6 million in revenue along with a $25 million valuation.
Where Can You Buy Liftid?
To buy Liftid products, you can visit their website getliftid.com This product is also available on Amazon, you can buy it from Amazon.
Earlier its price was $149 but now it has become $159. It has got a rating of 3.6 out of 5 on Amazon and 44% of people have given it a 5-star rating.
What Is Liftid Net Worth?
Liftid Net Worth It is to be $25 million in 2022. The Shark Tank show has proved to be quite positive for this. In May 2022, this company generated revenue of $6 million. If it continues to grow like this, it can become a very big company in the coming time.
|Liftid‘s Worth||$25 Million *Approx|
Is Liftid‘s Still In Business?
Yes, Liftid’s it is still running in June 2022 and is generating quite good revenue. Earlier it was not on a popular online marketplace like Amazon but now they are taking good sales after listing your product in it.
There are many people talking positive and negative talking about this product, it is a mixture of both negative and positive.
In the coming few years, what will be the feature of this LIFTiD Neurostimulation uses tDCS technology will be known.
GadgetFlow has also given it the Best Product of 2019 Awards. It was also featured in the CBS TV show The Price is Right.
Images Credit: Amazon.com & getliftid.com