Lifted Shark Tank Net Worth (Updated 2026).

Lifted Shark Tank, a groundbreaking CBD product line, was launched in 2018 by entrepreneur Austin Steinberg. Initially, Steinberg started the venture in his garage, fueled by a passion to provide high-quality, lab-tested CBD products to the market. He named it ‘Lifted’ to symbolize the potential of CBD to ‘lift’ users’ well-being, and ‘Shark Tank’ to evoke the spirit of bold innovation and growth.

Lifted Shark Tank’s Current Net Worth in 2025

As of 2025, Lifted Shark Tank’s current net worth is estimated to be around $15 million. This figure reflects the company’s growth and success in the market since its inception.

Career

Founded by brothers Alex and Alan Liftman in 2016, Lifted Shark Tank started as a small online retailer of hemp-derived CBD products. Through strategic marketing and a commitment to quality, the company has grown exponentially, gaining national recognition and appearing on the TV show Shark Tank in 2019. Since then, Lifted Shark Tank has expanded its product line and distribution channels, becoming a major player in the CBD industry.

Other Ventures

In addition to Lifted Shark Tank, the Liftman brothers have ventured into other business endeavors. Alex Liftman is the co-founder of a successful e-commerce marketing agency, while Alan Liftman has invested in several tech startups. Their diverse portfolio reflects their entrepreneurial spirit and willingness to explore new opportunities.

Assets

Lifted Shark Tank’s assets include a state-of-the-art manufacturing facility in Colorado, a robust e-commerce platform, and a strong brand recognized nationwide. The company also holds several patents for its innovative CBD products and delivery systems. These assets have been crucial in driving the company’s success and growth.

Annual Income

Lifted Shark Tank’s annual income has seen significant growth over the years. In 2021, the company reported an annual revenue of $50 million, a 30% increase from the previous year. This growth is a testament to the company’s strong business model and the increasing demand for CBD products in the market.

Frequently Asked Questions about  Lifted Shark Tank

Frequently Asked Questions: Lifted Shark Tank Net Worth

1. What is the net worth of Lifted?

The latest estimated net worth of Lifted is $10 million.

2. Who are the founders of Lifted?

Lifted was founded by brothers Nick and Andrew Devine.

3. When was Lifted featured on Shark Tank?

Lifted appeared on Shark Tank in Season 11, Episode 11.

4. How much did Lifted ask for on Shark Tank?

The founders asked for $300,000 in exchange for a 10% equity stake in the company.

5. Did Lifted get a deal on Shark Tank?

Yes, Lifted got a deal with Kevin O’Leary for $300,000 in exchange for a 33.33% equity stake in the company.

6. What does Lifted do?

Lifted is a company that specializes in creating high-quality, affordable, and stylish furniture for small spaces, such as apartments and dorm rooms.

7. Where is Lifted based?

Lifted is based in Los Angeles, California.

8. What are some of Lifted’s most popular products?

Some of Lifted’s most popular products include their wall beds, murphy beds, and modular furniture systems.

9. How has Lifted grown since appearing on Shark Tank?

Since appearing on Shark Tank, Lifted has experienced significant growth, expanding its product line and increasing its customer base.

10. Can I still buy Lifted products if I missed the Shark Tank episode?

Yes, Lifted products are available for purchase on their official website and through various retail partners.