The company Life Lift Systems makes beds designed to protect people from tornadoes, hurricanes, flying debris and even bullets. The two entrepreneurs behind the collapsible metal box that can be bolted to a floor and has a USB charger inside, Levi Wilson and Tim Todd from Oklahoma, pitched their business on Shark Tank in 2019.
Wilson and Todd went into the Tank seeking an investment of $550,000 in exchange for 15 percent equity. Each bed costs $3600 to make; retail cost varies from $4600 to $6000. [Related: 27 Favorite ‘Shark Tank’ Products at Amazon]
On Shark Tank, Life Lift received offers from Lori Greiner and billionaire Mark Cuban, and accepted Cuban’s deal for $550k for 25 percent equity.
One year after the Shark Tank episode first aired in January 2019, there is currently no mention of Shark Tank or Mark Cuban on the Life Lift Systems website. The company is marketing its product locally under the name Vortex Vaults as seen in the billboard pic above.