Ken and Allyson Davidov hope to get a lift for Liftid, their electric neuro stimulation device, in Shark Tank episode 1204. Ken has been in the import and product development business for over thirty years. Allyson is a Realtor and helps Ken with marketing. Ken works with inventor Dr. Theodore H. Schwartz, MD in getting Liftid to market. Schwartz is a very well credentialed neuro surgeon who created the product to help improve focus, attention and alertness.
Liftid is a headband with electrodes in it. Using a small electric current, it uses what is called Transcranial Direct Current Stimulation to stimulate certain areas of the brain. It acts as a substitute t chemical stimulants like caffeine, sugar or drugs. There are over 4000 medical studies that show this method “alters brain function by increasing blood flow, enhancing neurotransmitter release and activating neurons.”
The product itself looks like a virtual reality headset without the goggles. It should be used for just 20 minutes a day and no more. A single unit costs $149. Davidov helped Dr. Schwartz bring the product to fruition with the help of Gadgetflow, which got it noticed worldwide and accelerated sales. Now, he wants a Shark’s help taking it to the masses.
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Posts about Liftid on Shark Tank Blog
Liftid Shark Tank Recap
Ken and Allyson Davidov will pitch the panel of five Sharks on the business and its prospects for growth. They’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and recurring Shark Daniel Lubetzky that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Liftid will be available on Shark Tank Blog once this episode airs.
Liftid Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Liftid & Ken and Allyson Davidov as more details become available.
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