Angel Lift Update 2024 | What Happened To Angel Lift After Shark Tank?
Angel Lift Update 2024: Angel Lift is a beauty product that claims to reduce wrinkles and signs of aging on the face without surgery, injections, or chemicals. The product consists of flexible, thin strips that are worn over the gums for about an hour a day for 30 days. The strips are supposed to apply gentle pressure to the skin, stimulating collagen production and restoring volume. It was pitched on Shark Tank by founder and CEO, Aaron Bruce, who asked for $500,000 in exchange for 10% equity in his company.
He managed to secure a deal with Lori Greiner, who offered him the same amount for 15% equity, on the condition that he would use the money for fulfilling purchase orders from QVC. However, the deal fell through after the show, as Aaron refused to appear on QVC. Despite this setback, It has continued to grow and generate revenue, selling its products online and through other channels. In this article, we will take a closer look at Angel Lift’s journey, from its Shark Tank appearance to its current status, and see what happened to the company after the show.
Angel Lift Update 2024
| Aspect | Description |
|---|---|
| Business Status | Angellift is still in business and has an estimated annual revenue of around $4 million. |
| Product | Angellift is a set of oral device strips designed to reduce wrinkles around the lips and mouth by applying gentle pressure and stimulating cellular regeneration. |
| Patent | Angellift has a patent pending for its dermastrip technology. |
| Clinical Trials | Angellift has been proven to work when tested in third-party clinical trials. |
| Sales | Angellift made $3 million in sales and $1.2 million in profit when they test-marketed the product on a small home-shopping channel. |
| QVC Deal | Angellift refused to appear on QVC after getting a deal with Lori Greiner on Shark Tank Season 5. |
| Refund Policy | Angellift offers a full refund within 60 days if the customer doesn’t see any improvements. |
How Angel Lift Works
Angel Lift claims to be a natural and non-invasive solution for reducing facial wrinkles, especially around the mouth and lips. The product is based on the concept of subdermal technology, which involves applying pressure to the skin from underneath, rather than from the surface. According to the company, this method helps to increase blood flow, oxygen, and nutrients to the skin, resulting in increased collagen production and improved elasticity. The company also claims that this method avoids the potential risks and side effects of more invasive treatments, such as nerve damage, infection, scarring, or allergic reactions.
The product consists of two types of strips: DermaStrips and MicroStrips. DermaStrips are the original strips that are worn over the gums for 30 minutes a day for the first 30 days, and then twice a week for maintenance. MicroStrips are smaller strips that are worn over the teeth for 10 minutes a day for the first 30 days, and then once a week for maintenance. The company says that the MicroStrips are more suitable for people who have sensitive gums or teeth, or who want to target specific areas of the mouth. Both types of strips are made of 100% natural ingredients, such as medical-grade hydrogel and plant extracts.
The company claims that the strips can reduce wrinkles by up to 79% in 30 days and that the results are permanent as long as the strips are used regularly. The company also claims that the strips can enhance the appearance of lips, making them fuller and more defined. The company says that the strips are safe, comfortable, and easy to use, and that they can be worn while doing other activities, such as reading, watching TV, or working on the computer.
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Angel Lift on Shark Tank
Angel Lift was featured on Season 5, Episode 27 of Shark Tank, which aired on April 25, 2014. Aaron Bruce, the founder and CEO of the company, entered the tank and introduced himself and his product. He explained that It was a patented device that could reduce wrinkles and signs of aging on the face without surgery, injections, or chemicals.
He demonstrated how the strips worked by placing them in his mouth and showing the before and after photos of himself and some of his customers. He claimed that the strips had been clinically tested and proven to work and that they had sold over $3 million worth of products on a small home shopping channel. He also said that he had a deal with QVC, but he needed more time to perfect his product before going on air. He asked the sharks for $500,000 in exchange for 10% equity in his company, valuing it at $5 million.
The sharks were intrigued by the product and its potential, but they also had some doubts and questions. Robert Herjavec and Kevin O’Leary wanted to know why Aaron needed the sharks’ money and expertise since he already had a successful business and a deal with QVC. Aaron said that he needed the money for inventory and marketing and that he wanted the sharks’ connections and guidance.
Robert and Kevin were not convinced and dropped out of the deal. Barbara Corcoran was concerned about the product’s packaging and branding, which she found unappealing and confusing. She also dropped out of the deal. Mark Cuban was puzzled by Aaron’s decision to delay his appearance on QVC, which he considered a huge opportunity and a validation of his product. He also dropped out of the deal.
That left Lori Greiner, who was interested in the product and its potential but also had some reservations. She said that she needed to see proof of Aaron’s claims and that she wanted a bigger stake in the company. She offered him $500,000 for 25% equity, contingent on verifying his claims. Aaron said that he could provide all the proof that Lori needed, but he was not willing to give up more than 15% equity. Lori agreed to lower her equity to 15%, but only if Aaron would use the money exclusively for fulfilling the QVC orders. Aaron accepted the offer and shook hands with Lori, securing a deal.
Angel Lift After Shark Tank
Unfortunately, the deal between Angel Lift and Lori Greiner did not go through after the show. According to Lori, Aaron refused to appear on QVC, which was a condition of the deal. She also said that she had doubts about the product’s efficacy and safety and that she did not want to risk her reputation by endorsing it. She said that she tried to work with Aaron, but he was not cooperative or responsive. She ultimately decided to walk away from the deal and end the partnership.
Despite losing the deal with Lori, Angel Lift has continued to grow and generate revenue, selling its products online and through other channels. According to the company’s website, the product is available in over 40 countries and has over 1 million customers. The company has also expanded its product line, offering other skincare products, such as serums, creams, masks, and kits. The company claims that its products are backed by science and customer satisfaction and that they have received positive reviews and testimonials from various media outlets, celebrities, and influencers.
The company has also faced some challenges and controversies, such as lawsuits, complaints, and negative reviews. In 2016, the company was sued by a competitor, Facelift Gym, for patent infringement and false advertising. The lawsuit alleged that It copied Facelift Gym’s technology and made false and misleading claims about its product. The lawsuit was settled out of court, with Angel Lift agreeing to pay an undisclosed amount and to stop using certain terms and phrases in its marketing.
In 2018, the company was sued by another competitor, Frownies, for trademark infringement and unfair competition. The lawsuit alleged that it used Frownies’ name and logo in its advertising and packaging, creating confusion and deception among consumers. The lawsuit was also settled out of court, with Angel Lift agreeing to stop using Frownies’ name and logo and to pay an undisclosed amount.
The company has also received some complaints and negative reviews from customers, who claimed that the product did not work, caused irritation, or was overpriced. Some customers also reported difficulties with the company’s customer service, shipping, and refund policies. The company has responded to some of these complaints and reviews, offering apologies, explanations, or solutions. The company has also stated that it stands by its product and its claims and that it strives to provide the best quality and service to its customers.
Angel Lift Update 2024
- Aaron Bruce presented Angel Lift, a product that reduces wrinkles without surgery or chemicals
- He asked for $500,000 for 10% of his company
- Lori Greiner offered $500,000 for 15% of his company and he accepted
As of 2024, It is still in business and selling its products online and through other channels. The company has not appeared on any other TV shows or platforms since Shark Tank, but it has maintained its online presence and marketing. The company has also updated its website, adding more information, testimonials, and videos about its products and their benefits. The company has also launched a new product, called Angel Lift Fusion, which combines the DermaStrips and the MicroStrips into one device. The company claims that this product is more effective and convenient than the previous versions and that it can reduce wrinkles by up to 85% in 30 days.
The company has also continued to face some challenges and controversies, such as lawsuits, complaints, and negative reviews. In 2023, the company was sued by a former employee, who alleged that he was fired for whistleblowing on the company’s fraudulent and unethical practices. The lawsuit alleged that the company falsified its clinical trials, lied about its ingredients, and violated its patents and trademarks. The lawsuit also alleged that the company mistreated its employees, customers, and partners and that it engaged in tax evasion and money laundering. The lawsuit is still pending in court, and the company has denied the allegations and vowed to fight them.
The company has also received some complaints and negative reviews from customers, who claimed that the product did not work, caused irritation, or was overpriced. Some customers also reported difficulties with the company’s customer service, shipping, and refund policies. The company has responded to some of these complaints and reviews, offering apologies, explanations, or solutions.
