Lifebelt Shark Tank Update
Automotive
What Happened to Lifebelt After Shark Tank
Is Lifebelt still in business? No — the company has shut down.
- No deal — declined $1 million offer from Robert Herjavec for 100% of the patent
- Made a deal with one Houston dealership post-show but product never appeared on their site
Last verified Apr 5, 2026. Web-confirmed sources.
Get updates on Lifebelt
The Lifebelt Shark Tank Pitch
Robert Alison of Las Vegas, NV pitched Lifebelt on Shark Tank Season 1, Episode 2, which aired Sunday, August 16, 2009, asking for $500,000 for 10% of the company — a $5M valuation.
Lifebelt left the Tank without a deal.
Watch the Pitch
Pitch Details
- Aired
- S1E2Aug 16, 2009
- Ask
- $500,000for 10%
- Ask Valuation
- $5M