Hidrent Net Worth 2025: Valuation, Revenue & Shark Tank Deal Explained

Hidrent pairs homeowners with off-duty firefighters for trusted home repairs and everyday handyman tasks. Since pitching on Shark Tank, the startup has gained traction, and many now follow its financial progress, from revenue growth to overall company valuation.

Hidrent stands out in the gig economy as a platform that lets people hire firefighters for help around the house—whether it’s fixing minor issues, handling maintenance, or tackling quick projects. The concept taps into the trust and skills associated with first responders while creating new income opportunities for them.

The company’s national spotlight came through Shark Tank, where its business model impressed both the panel and viewers. This exposure fueled curiosity about its financial journey, with frequent searches around “Hidrent net worth” and how the brand has expanded since.

More than just another home-service app, Hidrent blends entrepreneurship with a community-first mission, making its growth story particularly compelling to track.

In this article, we’ll explore Hidrent’s Shark Tank deal, revenue milestones, estimated valuation, and what the future might hold for the company.

What is Hidrent and Why Was It Created?

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Hidrent is a U.S.-based startup founded by Dave Heimbuch with a mission to make finding reliable help for small home projects simple and safe. What makes Hidrent stand out in the crowded gig economy space is its workforce: off-duty firefighters. Unlike traditional gig apps that rely on unverified freelancers, Hidrent taps into a pool of individuals who are already trained, background-checked, and highly trusted in their communities.

The concept is both practical and reassuring—connecting homeowners who need assistance with tasks like furniture assembly, yard work, or minor repairs to the same professionals who dedicate their lives to public service. This built-in trust factor sets Hidrent apart and resonates strongly with users who value safety and dependability in their homes.

The innovative model not only gained traction with homeowners but also caught the attention of investors. Hidrent’s credibility and unique positioning eventually led to an appearance on ABC’s Shark Tank, where the company’s valuation and long-term potential were key points of discussion.

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Founder’s Background & Motivation

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Hidrent was founded by Dave Heimbuch, a marketing professional who spotted a major gap in the home services industry. Like many homeowners, he often struggled to find reliable, trustworthy help for small household projects. At the same time, he noticed something unique in his community—many local firefighters were seeking flexible, part-time work during their off-duty days.

Firefighters typically work 24-hour shifts followed by several days off, leaving them with time to earn supplemental income. However, most part-time opportunities either lacked flexibility or carried risks that didn’t align well with their skills and schedules. Recognizing this, Dave had a simple but powerful idea: connect homeowners in need with off-duty firefighters through an easy-to-use app.

This concept solved two challenges at once: homeowners gained access to skilled, dependable workers, while firefighters found a safe, trusted way to earn extra income. More importantly, the idea carried a deeper meaning—it respected the integrity and service-driven nature of firefighters while helping families feel secure about who they welcomed into their homes.

This mission-driven approach helped Hidrent stand out in the competitive home-services space and eventually land a spot on Shark Tank, where the company’s story and purpose resonated with both the investors and the audience.

Breakdown of Services Offered

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One of the key reasons Hidrent has gained momentum is its ability to connect homeowners with trusted off-duty firefighters for a wide range of everyday home services. Instead of hiring costly specialized contractors, users can book help for smaller projects that still require reliable skills and an extra set of capable hands. Through the app, homeowners can request services such as furniture assembly, TV mounting, junk removal, painting, light yard work, or seasonal tasks like gutter cleaning and holiday light installation.

This model is especially appealing for families, seniors, and busy professionals who value both convenience and peace of mind. Since the work is carried out by firefighters — individuals already trained in safety, problem-solving, and physical tasks — users often feel more secure compared to hiring unknown gig workers. Many customers rely on Hidrent for jobs that can be difficult or risky to tackle alone, like moving heavy furniture, organizing garages, or climbing ladders for outdoor maintenance.

By offering a broad menu of services while leveraging the trust associated with firefighters, Hidrent has carved out a unique space in the home services market. This combination of variety, safety, and convenience not only drives strong customer demand but also supports the company’s continued growth and reputation in 2025.

Hidrent’s Shark Tank Appearance

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Hidrent, a gig-economy platform that connects off-duty firefighters with homeowners needing help with everyday tasks, made its appearance on Shark Tank during Season 13, Episode 6 (aired in November 2021). Founder Dave Heimbuch entered the Tank seeking $300,000 for 8% equity, with the goal of expanding Hidrent into more U.S. cities and further enhancing its mobile app technology.

The Pitch and Unique Value Proposition
Heimbuch’s pitch emphasized Hidrent’s unique trust factor: instead of hiring strangers from general gig platforms, customers could book verified, background-checked firefighters for jobs like furniture assembly, home repairs, or yard work. This “built-in trust advantage” resonated with the Sharks, as firefighters are widely respected for reliability and professionalism.

The Sharks’ Concerns
While the Sharks were intrigued by the concept, they raised concerns about scalability and whether the firefighter-only model could support nationwide growth. Questions about maintaining quality, geographic coverage, and customer acquisition costs were central to the discussion.

The Deal
Despite these concerns, Hidrent secured a deal with Robert Herjavec and Lori Greiner:

• $300,000 for 33% equity (split between the two Sharks).
  This partnership brought not only funding but also credibility, mentorship, and massive exposure from the national television audience.

Impact of the Appearance
The Shark Tank spotlight significantly boosted Hidrent’s brand visibility, driving traffic to the platform and sparking conversations about its potential. While the deal gave up more equity than initially offered, it positioned the company for faster growth. The episode became a pivotal moment in shaping discussions around Hidrent’s valuation and net worth in the years following its TV debut.

How Much Was Hidrent Worth During Shark Tank?

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At the time of its Shark Tank appearance, Hidrent entered the tank with a relatively modest valuation compared to major players in the gig economy space. Based on the deal terms presented, the company’s implied valuation landed in the low millions—reflecting its early-stage position rather than a lack of potential.

When audiences and investors talk about a startup’s “net worth” after Shark Tank, they often estimate it by multiplying revenue with industry-standard multiples or by analyzing the equity stake the Sharks negotiate for. While Hidrent didn’t skyrocket overnight into unicorn territory, the exposure gave it a significant credibility boost. Appearing on Shark Tank not only increased brand recognition but also helped establish trust with customers, which is often a major hurdle for service-based startups.

In the months that followed, this visibility positioned Hidrent to attract more users, form partnerships, and build long-term growth strategies—showing that even without an astronomical valuation, the Shark Tank effect can be a powerful growth catalyst.

Hidrent’s Revenue Growth After Shark Tank

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Revenue remains one of the clearest indicators of a company’s financial health and market valuation. For Hidrent, the exposure from Shark Tank translated into steady increases in both bookings and service requests in the years that followed. Homeowners were particularly drawn to the platform’s unique trust factor — hiring off-duty firefighters for everyday tasks such as furniture assembly, yard work, and gutter cleaning.

While Hidrent has not publicly released audited financials, available reports and industry estimates suggest that the company’s revenue has continued to climb since its television debut. By 2024, the business was believed to be generating revenues in the low multi-million-dollar range, with further growth projected into 2025. This trajectory reflects not just demand for reliable handyman services, but also consumer confidence in the firefighter-backed model.

Revenue growth matters because it directly influences how analysts and potential investors evaluate Hidrent’s overall net worth. The stronger and more consistent the revenue stream, the higher the company’s perceived valuation in today’s competitive home-services market.

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Business Model: How Hidrent Makes Money

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Hidrent’s business model is simple yet impactful. Through the app, homeowners can request services such as furniture assembly, yard work, or home repairs. Off-duty firefighters—who are already trusted members of the community—can then accept these jobs. Once the work is completed, Hidrent earns revenue by taking a percentage fee from each booking.

This approach is similar to platforms like TaskRabbit or Thumbtack, but Hidrent stands out by leveraging the trust, reliability, and skill set associated with firefighters. The fee-based structure creates a repeatable, scalable source of revenue: the more services booked, the more the company earns.

As Hidrent continues expanding into additional U.S. states and suburban markets, its growth potential increases proportionally. The model not only supports consistent revenue generation but also builds long-term customer loyalty, since many homeowners prefer hiring someone they trust with both their homes and safety. This combination of trust-driven branding and scalable operations has been central to Hidrent’s financial growth in recent years.

Current Valuation and Hidrent Net Worth in 2025

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As of 2025, Hidrent’s estimated net worth is around $8.5 million, a figure largely based on its crowdfunding campaigns and reported company valuations. This valuation highlights both investor confidence and the practical adoption of the app, which connects off-duty firefighters with homeowners in need of reliable help for small tasks.

Unlike billion-dollar gig economy giants, Hidrent operates in a specialized, trust-driven niche. Its emphasis on safety and credibility gives it a competitive edge, even if its scale is smaller. Notably, StartEngine, a leading equity crowdfunding platform, has previously listed Hidrent at a similar valuation, adding credibility to these figures.

Looking ahead, industry observers are watching to see whether Hidrent can sustain its growth trajectory and expand beyond its current market. With continued community trust, investor backing, and potential partnerships, the company has room to push its valuation higher in the coming years.

Funding and Investor Backing

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Funding is a critical factor in determining a startup’s growth potential and overall valuation. Hidrent, a firefighter-owned app that connects off-duty firefighters with homeowners needing help with small tasks, has raised capital through multiple channels. These include its appearance on Shark Tank—which gave the company national visibility—and several equity crowdfunding campaigns that allowed everyday investors to buy into the business.

Equity crowdfunding, in particular, not only provided essential working capital but also strengthened Hidrent’s community presence by turning customers into partial owners and brand advocates. This type of funding gave the company more credibility, boosted word-of-mouth marketing, and helped it stand out in a competitive home-services marketplace.

The investor support has been strategically used to expand the app’s reach, improve user experience, and market the platform more aggressively to homeowners seeking trusted help. While Hidrent is still much smaller compared to industry leaders like Angie’s List or Thumbtack, the steady inflow of capital ensures that the company can maintain forward momentum and continue scaling. This ongoing investor confidence is a key contributor to Hidrent’s growing net worth and long-term sustainability.

Impact on Firefighters’ Income

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Beyond helping homeowners with everyday household tasks, Hidrent has become a valuable side-income opportunity for U.S. firefighters. Firefighters often work 24-hour shifts followed by multiple days off, which makes traditional part-time jobs difficult to manage. Flexible, on-demand work is a better fit—and that’s exactly what Hidrent provides.

Instead of juggling rigid second jobs, firefighters can choose jobs that fit their schedules, accepting or declining them based on availability. This flexibility ensures that their primary commitment to public safety is never compromised.

On average, many firefighters using Hidrent earn several hundred extra dollars per month, while those in high-demand areas can earn significantly more. This supplemental income is often used to support family expenses, pay for education, or build greater financial security.

The platform’s impact goes beyond money. Customers appreciate knowing that their payments support local first responders, not just anonymous gig workers. This creates a unique trust factor that strengthens Hidrent’s brand appeal and encourages repeat business.

By solving real problems for both homeowners and firefighters, Hidrent has built a reputation not only as a practical service but also as a mission-driven company with community at its core. This dual benefit—supporting households while empowering firefighters financially—continues to fuel Hidrent’s growth and long-term success.

Partnerships & Collaborations

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Partnerships have been central to Hidrent’s growth, credibility, and community trust. The company has built relationships with firefighter associations, local unions, and community organizations, which help reinforce its identity as a mission-driven platform rather than just another gig app. These partnerships not only expand Hidrent’s visibility but also provide assurance to homeowners that the professionals they hire are experienced and reliable.

In several regions, Hidrent has also collaborated with neighborhood associations and home service providers, making it easier for the app to reach new customers while ensuring firefighters have steady opportunities for extra income. The company’s appearance on Shark Tank further opened doors to brand partnerships, marketing collaborations, and regional sponsorships, which amplified its reach beyond word-of-mouth growth.

By fostering authentic connections within local communities, Hidrent strengthens both its supply of qualified firefighters and its appeal to homeowners. These collaborations enhance customer trust, create a competitive edge over purely profit-driven platforms, and build long-term confidence among investors—factors that ultimately contribute to the company’s overall valuation and future growth potential.

Geographic Expansion in the U.S.

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When Hidrent first launched, its services were limited to a handful of U.S. cities. The platform initially focused on connecting off-duty firefighters with homeowners who needed safe, reliable help for small handyman tasks. After appearing on Shark Tank, Hidrent gained national visibility, which accelerated its growth and allowed the company to expand into more regions.

By steadily targeting suburban neighborhoods and urban markets—areas where homeowners often need quick, trustworthy handyman assistance—Hidrent began building a wider presence. As of 2025, the company operates in dozens of U.S. cities, and its footprint continues to grow each year.

This geographic expansion is not just about scale; it directly fuels revenue potential and brand recognition. The more locations Hidrent serves, the more opportunities it has to match skilled professionals with homeowners in need. Each new market also strengthens customer trust, helps differentiate Hidrent from traditional handyman services, and contributes to the company’s long-term valuation.

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Market Size of Home Services in the U.S.

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To understand Hidrent’s growth potential, it helps to first look at the size of the U.S. home services industry. Estimates place the market at over $600 billion annually, and it continues to expand as more households prioritize on-demand convenience over traditional DIY projects. Within this vast sector, services such as furniture assembly, home cleaning, lawn care, and seasonal maintenance are among the fastest-growing categories.

For a company like Hidrent—which connects off-duty firefighters with homeowners needing reliable help—even a small share of this market can translate into meaningful revenue opportunities. To put it in perspective, capturing just 0.1% of the $600 billion market could theoretically amount to hundreds of millions in service transactions annually. While this is a hypothetical figure, it illustrates how the scale of the industry creates room for substantial growth.

Currently, Hidrent is still in its early stages, with a reported valuation in the single-digit millions. However, the combination of a trusted workforce (firefighters), consumer demand for safety and reliability, and the massive size of the home services sector positions the company for long-term expansion.

In short, the sheer scale of the U.S. home services market is one of the strongest indicators that Hidrent has ample room to grow. If the company continues to build trust and capture demand in niche service categories, it could steadily scale into a much more valuable player in the years ahead.

Technology Advancements

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Technology has always been at the heart of Hidrent’s growth, and in 2025, the company is doubling down on innovation to strengthen its platform. Today, the app already helps homeowners by offering easy scheduling, seamless communication, and secure payment processing, but the roadmap for the future goes much further.

One of the most exciting possibilities is the integration of artificial intelligence (AI). By analyzing factors such as job type, urgency, and location, AI could automatically match homeowners with the most suitable firefighter for the task. This not only saves time but also ensures a higher success rate for every job.

In addition, automation may play a bigger role in streamlining workflows. Features like smart reminders, real-time project tracking, and instant cost estimates can reduce friction for both homeowners and firefighters. As a result, users enjoy a smoother experience while service providers can better manage their time and resources.

Another area of opportunity lies in the rise of smart home adoption across the U.S. With connected devices becoming a household norm, Hidrent could expand its service offerings to include smart device installation, setup, and troubleshooting. This would not only tap into a growing market but also position Hidrent as a go-to solution beyond traditional handyman tasks.

By continually upgrading its technology, Hidrent can stay competitive against larger gig-economy platforms, attract new customer segments, and create stronger long-term value. These improvements don’t just boost customer satisfaction — they also enhance the company’s potential for higher market valuation, fueling its overall growth trajectory in the years ahead.

Trust Factor: Why Firefighters Matter

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A major reason for Hidrent’s strong appeal is the trust firefighters naturally inspire in American communities. Unlike traditional gig workers, firefighters are seen as reliable, disciplined, and service-oriented. For many homeowners, that sense of security makes it far easier to welcome a firefighter into their home for handyman tasks or small repairs.

This built-in trust factor gives Hidrent a powerful marketing edge. It not only boosts customer acquisition but also plays a crucial role in long-term retention and referrals—two areas where many gig-economy platforms struggle. In fact, Hidrent’s firefighter-only model differentiates it in a crowded marketplace, allowing it to leverage both community respect and word-of-mouth momentum.

In an industry where credibility can make or break success, Hidrent’s firefighter focus is more than just branding—it’s a genuine competitive advantage. This positioning has been highlighted in company growth reports and discussions with investors, as it directly influences user adoption, satisfaction, and overall business valuation.

Challenges Facing Hidrent

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Despite impressive growth, Hidrent continues to face structural challenges. Unlike general gig platforms that can onboard virtually anyone, Hidrent’s model depends on off-duty firefighters—professionals with limited availability and geographic constraints. This makes scaling its workforce far more complex than simply increasing the number of gig workers.

In addition, competition from well-established platforms such as TaskRabbit, Thumbtack, and Angi intensifies the pressure. These companies already command significant brand recognition, broader service offerings, and larger marketing budgets. To keep pace, Hidrent must invest heavily in marketing, technology upgrades, and customer acquisition—efforts that strain financial resources and can squeeze margins.

These challenges have a direct impact on profitability and long-term valuation. However, Hidrent’s niche positioning—offering homeowners trusted, background-checked firefighters for small jobs—remains a distinct advantage. This unique brand trust and safety assurance provide resilience, allowing Hidrent to maintain relevance and credibility even against bigger competitors.

Competition With Other Gig Economy Apps

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The gig economy is highly competitive, dominated by well-funded players like Uber, TaskRabbit, and other handyman apps. While Hidrent is a smaller player, it stands out with a unique business model: connecting off-duty firefighters with local homeowners who need trusted help with everyday tasks. This firefighter-first approach appeals strongly to safety-conscious consumers, giving Hidrent a clear point of differentiation in a crowded market.

Unlike larger competitors that focus purely on scale and convenience, Hidrent leverages the public’s trust in firefighters to create a sense of reliability and security. If the company continues to emphasize this safety-driven positioning, it has the potential to carve out a loyal and growing user base.

From a competitive strategy perspective, Hidrent’s ability to highlight its trust factor will play a crucial role in its market share growth. Analysts often monitor how companies like Hidrent perform against industry benchmarks — not just in terms of revenue, but also in user adoption, retention, and brand recognition. This makes competitive positioning one of the most important factors in evaluating Hidrent’s long-term business prospects.

Technology and App Development

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Like many tech-driven startups, Hidrent’s mobile app is the backbone of its business model. A seamless user experience, quick booking process, and secure payment system are not just features—they’re the foundation of customer trust and retention. Over time, the company has continuously invested in upgrading its app, adding smarter scheduling options, in-app messaging, and improved communication tools to connect homeowners with vetted firefighters more efficiently.

These enhancements do more than just simplify tasks for users—they boost customer satisfaction, drive repeat usage, and strengthen brand loyalty. For Hidrent, the app isn’t just a convenience tool; it’s a growth engine. By scaling its digital infrastructure, the company not only improves operational efficiency but also enhances its market valuation and revenue potential.

Public Perception and Media Coverage

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Media exposure—particularly through Shark Tank and regional news outlets—has played a major role in boosting Hidrent’s credibility. The coverage positions the app as both trustworthy and socially responsible, which has encouraged more homeowners to give it a try. In an industry where safety concerns are often top of mind, Hidrent’s focus on connecting users with vetted off-duty firefighters has been especially appealing.

Positive press mentions and strong word-of-mouth recommendations further reinforce public confidence, creating a cycle where credibility drives adoption. This growing trust not only supports Hidrent’s reputation but also strengthens its foothold in the competitive U.S. home services market.

Financial Projections for the Future

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Looking ahead, analysts suggest that Hidrent’s revenue could continue to grow if the company successfully expands into more U.S. regions and enhances its app functionality. By broadening its service areas and focusing on customer retention, Hidrent has the potential to significantly increase its market presence in the coming years.

However, growth projections remain dependent on several factors, including execution strategy, operational efficiency, and the level of competition in the home services industry. Building trust within local communities—while leveraging technology to provide a seamless user experience—will be key to driving adoption and long-term value.

If Hidrent manages to balance these priorities effectively, it could strengthen its position as a competitive player in the U.S. home services market, paving the way for higher valuations in the future.

Comparison With Other Shark Tank Startups

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Hidrent is one of the standout startups to emerge from Shark Tank, but its journey has followed a different path compared to others in the home services space. Well-known platforms like Handy and TaskRabbit scaled rapidly, but their growth often came at the cost of quality control and customer trust. Similarly, many Shark Tank-backed startups generated buzz early on but struggled with long-term sustainability due to operational and scaling challenges.

What sets Hidrent apart is its niche focus: connecting homeowners with off-duty firefighters for tasks such as handyman work, furniture assembly, or basic home repairs. This unique workforce brings a level of trust, reliability, and professionalism that generic gig platforms—where anyone with minimal vetting can sign up—often fail to guarantee.

While Hidrent’s valuation of around $8.5 million may not match some of the largest Shark Tank success stories, its steady, trust-driven growth model has helped it avoid the pitfalls of hyper-expansion. Instead of chasing fast but unstable scaling, Hidrent has built a reputation rooted in safety and service quality.

By carving out this specialized position in the gig economy, Hidrent is showing that slower, sustainable growth can be just as effective as rapid scaling. As of 2025, its consistent performance and expanding customer base suggest the company is on a strong upward path—solidifying its place as a long-term player in the home services industry.

Community & Social Impact

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One of Hidrent’s greatest strengths lies in its social impact. Unlike many gig-economy platforms often criticized for low wages or inadequate worker protections, Hidrent takes a different approach by supporting off-duty firefighters. These are men and women who already dedicate their lives to protecting their communities, and through Hidrent, they can earn supplemental income in a way that aligns with their service-oriented values.

For homeowners, this creates a genuine feel-good factor: when they book a handyman service, they know their money goes directly to local heroes rather than anonymous gig workers. This sense of trust and community connection is especially appealing to older adults, families, and anyone who prioritizes safety and reliability when hiring help around the house.

In many U.S. neighborhoods, booking through Hidrent feels like an extension of community service—a way for homeowners to give back while getting everyday tasks done. This built-in social responsibility not only strengthens Hidrent’s brand identity but also sets it apart from competitors in the crowded home-services market.

From an investor’s perspective, this model provides a sustainable competitive advantage. Companies with strong community roots often enjoy higher customer loyalty, lower churn rates, and stronger reputations. By combining practical services with social good, Hidrent positions itself as more than just a gig-economy platform—it becomes part of the trust economy. This unique positioning can positively influence its valuation and contribute to the company’s long-term financial growth.

Future Funding Opportunities

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Looking ahead, Hidrent has several potential pathways to secure additional funding and fuel its growth. One proven route is equity crowdfunding. Platforms like StartEngine have already demonstrated that everyday investors are eager to back innovative startups, giving the company both capital and brand ambassadors in the process.

Beyond crowdfunding, Hidrent could consider a Series A investment round with venture capital firms. This type of funding is often used to accelerate technology development, build out leadership teams, and expand operations nationally. By securing institutional backing, the company could strengthen its credibility and attract strategic partners.

Partnerships represent another powerful growth lever. Collaborations with home improvement retailers, insurance providers, or smart home technology brands could not only bring in funding but also give Hidrent valuable market visibility. Such alliances might also enable bundled services, cross-promotions, and broader consumer trust.

Future funding is likely to be directed toward expanding into new U.S. markets, enhancing app features for both customers and firefighters, and boosting marketing campaigns to increase brand awareness. Importantly, each successful funding round doesn’t just add capital—it also signals investor confidence, which can raise the company’s valuation.

If Hidrent continues to pursue funding strategically and deliver on its growth roadmap, its market position and valuation could strengthen significantly over the next five years.

Comparison With Similar Startups

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Compared to larger home service platforms, Hidrent operates on a smaller scale but leverages a unique advantage—its workforce is composed of off-duty firefighters. This specialization sets it apart from competitors like TaskRabbit and Thumbtack, which connect millions of customers with general gig workers but lack the trust and brand identity that comes with the firefighter community.

This firefighter-focused model not only appeals to homeowners who prioritize safety and reliability, but also gives Hidrent a distinctive brand story that competitors cannot easily replicate. While the company does not yet match the massive reach or revenue of industry giants, its niche positioning may help it cultivate a loyal customer base, expand steadily, and strengthen its long-term market presence.

Rather than measuring success solely against scale-driven platforms, Hidrent’s growth potential lies in its ability to deepen customer trust, improve retention, and expand service availability across more regions. As the demand for trustworthy on-demand services continues to rise, Hidrent is well-positioned to carve out a meaningful share of the market.

Estimated Hidrent Revenue Growth (2020–2025)

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Estimated Annual Revenue (USD, Millions)

Notes:

• Revenue figures up to 2024 are based on publicly available industry estimates.

• The 2025 figure represents a forward-looking projection derived from current U.S. home services market growth trends and Hidrent’s reported expansion plans.

• Sources: Aggregated industry estimates & U.S. home services market reports (2024–2025).

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Conclusion

Hidrent occupies a compelling niche in the U.S. gig economy by connecting homeowners with off-duty firefighters for trusted home service work. After appearing on Shark Tank (Season 13, Episode 6), founder Dave Heimbuch secured an offer of $300,000 in exchange for 33.3% equity from Lori Greiner and Robert Herjavec. 

While exact revenue figures beyond 2022 are not fully public, we know Hidrent had generated about $1.4 million in annual revenue by 2022, up from earlier years, showing steady growth. 

As for valuation, Hidrent conducted an equity crowdfunding campaign through StartEngine in 2022, during which the company was valued at ≈ US$8.5 million.

For homeowners, this means Hidrent is more than just a novelty—its brand is built on legitimacy and trust, which are powerful factors when inviting service providers into one’s home. For investors, the company is interesting because it has scaled beyond its original two-city footprint (Phoenix & Tampa) and established partnerships (e.g. with firefighter organizations), though its future valuation will depend heavily on how well it can sustain growth, widen its service base, and possibly increase revenue per user. 

FAQs About Hidrent

What is Hidrent’s net worth in 2025?

Hidrent’s net worth is estimated to be around $8.5 million in 2025, based on its crowdfunding valuations, app growth, and reported revenue figures. While exact numbers can vary, this estimate reflects the company’s strong position in the home services and gig economy market.

Did Hidrent close the Shark Tank deal?

Yes. On Season 13 of Shark Tank, Hidrent secured a deal with Robert Herjavec and Lori Greiner. This partnership not only provided funding but also significantly boosted the company’s credibility and visibility across the U.S.

How does Hidrent make money?

Hidrent’s business model is similar to other gig-economy platforms. The company generates revenue by charging a commission fee on every job booked through its app. Homeowners pay for services, and Hidrent takes a percentage before passing the rest to the firefighter who completed the task.

Is Hidrent available nationwide in the U.S.?

Not yet. Hidrent is gradually expanding but is currently available in select cities and regions. The company focuses on areas with a large pool of off-duty firefighters to ensure reliable service coverage.

Why do people trust Hidrent more than other apps?

Hidrent’s unique selling point is that it only hires verified, off-duty firefighters. Homeowners often feel more comfortable and secure opening their doors to trusted public servants compared to strangers from other gig platforms. This firefighter-only model has been a key driver of Hidrent’s reputation and customer trust.