Hidrent left Shark Tank with a deal that valued the company at $900,000. Lori Greiner and Robert Herjavec agreed to invest $300,000 for a 33.3 percent stake during Season 13, but the investment was never completed after the cameras stopped rolling.
The most recent public valuation came in June 2022, when Hidrent raised money from everyday investors on StartEngine at an $8.5 million valuation. Annual revenue then grew to around $6 million by April 2024, so a fair estimate today puts the company’s worth at $8 million or more. The full picture is more interesting than any single number, so here it is.
Hidrent’s net worth at a glance
Hidrent is a private company and does not publish its financials, so there is no official net worth figure. What we do have are four solid reference points from the company’s own fundraising history.
| Date | Event | Valuation |
| November 2021 | Shark Tank ask ($300,000 for 8%) | $3.75 million |
| November 2021 | On-air deal with Lori and Robert ($300,000 for 33.3%) | $900,000 |
| June 2022 | StartEngine crowdfunding round | $8.5 million |
| 2026 | Estimate based on growth since 2022 | $8 million or more |
The $900,000 figure gets quoted most often because it happened on television. It is also the least useful number of the four. It reflects a hard negotiation in front of cameras, not what the business became. Between that taping and mid-2022, Hidrent signed a national partnership, raised a seed round, and opened a crowdfunding campaign at nearly ten times the on-air price. Revenue has grown several times over since then, which is why $8 million reads as a floor rather than a ceiling.
What is Hidrent?
Hidrent is an app that connects homeowners with off-duty firefighters for small jobs around the house: furniture moving, TV mounting, gutter cleaning, light fixtures, holiday lights. Firefighters usually work a 24-hour shift followed by 48 hours off, which leaves plenty of time to pick up extra work.
The pitch to customers is trust. You already let firefighters into your home in an emergency, so letting one in to hang a ceiling fan is an easy yes. That matters most to the app’s core customers, seniors who live alone and do not want a stranger on a ladder in their living room. Hidrent verifies each firefighter’s employment before they can accept jobs, and it takes a commission of about 23 percent on each job. Prices vary by task; gutter cleaning, for example, ran $158 to $192 at the time of the pitch.
Dave Heimbuch started the company in Dallas after his brother-in-law, a firefighter, told him how often crews helped neighbors with odd jobs on their days off. Heimbuch was not a firefighter himself. He came from tech sales and marketing, with stops at Shazam, Photobucket, YuMe, Tapad, and AT&T Mobility, and he saw a two-sided marketplace hiding in plain sight.
What happened on Shark Tank?
Heimbuch pitched Hidrent in Season 13, in an episode that aired in late 2021. He asked for $300,000 in exchange for 8 percent of the company, a $3.75 million valuation. At that point Hidrent had earned $850,000 in total sales since launching, with about $320,000 of that in the year of filming, and it operated in just two markets, Phoenix and Tampa. Those cities were picked on purpose: both have large senior populations.
The Sharks liked the idea more than the numbers.
- Nirav Tolia, the Nextdoor co-founder, passed because he knew how slow neighborhood-by-neighborhood growth is. Nextdoor took a decade to reach 50 million users.
- Mark Cuban passed over concerns about depending on paid digital ads to grow.
- Kevin O’Leary called the idea brilliant but passed because local service businesses take too long to scale.
Robert Herjavec stepped up with $300,000 for 20 percent. Lori Greiner wanted in alongside him, and together they pushed for more equity, first floating 35 percent. Heimbuch countered at 20, they refused, and Lori settled the gap at $300,000 for 33.3 percent. He accepted, and Hidrent left the tank valued at $900,000, less than a quarter of the valuation he walked in with.
Did the Shark Tank deal actually close?
No. The handshake in the tank never turned into a completed investment. Deals made on the show go through due diligence after filming, and this one did not survive that stage. Hidrent moved on without the Sharks’ money.
Instead, the company raised a $662,000 seed round from nine private investors, then opened a crowdfunding campaign on StartEngine in June 2022 at an $8.5 million valuation, collecting about $150,000 from small investors. For Heimbuch, the deal falling through was arguably a win on paper. He kept the third of the company he had agreed to give away, and he raised his next money at a price nearly ten times higher.
Key takeaway: the $900,000 “Shark Tank net worth” was never locked in. Hidrent’s next real price tag, set by actual investors in 2022, was $8.5 million.
How Hidrent grew after the show
The biggest move came right around the time the episode aired. In November 2021, Hidrent signed a partnership with the IAFF Financial Corporation, the financial arm of the International Association of Fire Fighters, the largest firefighter union in North America with more than 325,000 members. The agreement gave Hidrent a direct line to firefighters across the United States and Canada at no acquisition cost, and in return Hidrent donates 2 percent of revenue to the IAFF Charitable Foundation.
That partnership took Hidrent from a two-city app to a national service almost overnight, and its firefighter workforce grew from about 1,500 to 6,500. The revenue curve tells the rest of the story:
- 2021: roughly $430,000 in revenue
- December 2022: about $1.4 million in annual revenue
- April 2024: around $6 million in annual revenue
Hidrent also expanded beyond homeowners. Businesses in solar, moving, home restoration, and home health now use the platform to fill labor gaps, and those jobs tend to be steadier and higher priced than one-off household tasks. For seniors who prefer not to use an app, the company added phone booking.
Frequently asked questions
Is Hidrent still in business in 2026?
Yes. Hidrent is still operating nationwide and is still run by Dave Heimbuch. It remains the only on-demand home services marketplace whose entire labor force is off-duty firefighters, which keeps it from blending in with Thumbtack, TaskRabbit, and Angi. It is not a household name yet, and it competes against platforms with far bigger marketing budgets, but it owns a niche none of them can copy without rebuilding their supply side from scratch.
As for Heimbuch’s personal net worth, there is no public figure. Most of his wealth sits in his Hidrent stake, so it rises and falls with the company. Because the TV deal never closed, he still holds the equity he nearly gave up on air, and that equity is worth several times more today than the Sharks would have paid for it. Frequently asked questions
What is Hidrent’s net worth in 2026?
There is no official figure because Hidrent is private. Its last public valuation was $8.5 million in a June 2022 StartEngine round, and with annual revenue reaching about $6 million by 2024, a realistic estimate today is $8 million or more.
Did Hidrent get a deal on Shark Tank?
Yes, on air. Dave Heimbuch asked for $300,000 for 8 percent and accepted $300,000 for 33.3 percent from Lori Greiner and Robert Herjavec, valuing Hidrent at $900,000. The investment was never completed after filming.
How does Hidrent make money?
Hidrent takes a commission of about 23 percent on each job booked through the platform. Customers hire off-duty firefighters for tasks like furniture moving, gutter cleaning, and TV mounting, and the firefighter keeps the rest of the payment.
Is Hidrent available nationwide?
Yes. After its 2021 partnership with the IAFF Financial Corporation, Hidrent expanded from Phoenix and Tampa to nationwide coverage. Service depends on having registered firefighters nearby, and customers can book through the app or by phone.
Who owns Hidrent now?
Founder Dave Heimbuch still owns and runs Hidrent. Because the Shark Tank deal never closed, no Shark holds equity. Ownership is shared with seed investors who put in $662,000 and small investors from the 2022 StartEngine round.
Conclusion
Hidrent’s Shark Tank net worth was $900,000, the value set when Lori Greiner and Robert Herjavec offered $300,000 for a third of the company. That deal never closed, and the business outgrew the number fast. Its last public valuation was $8.5 million in 2022, and with annual revenue reaching roughly $6 million by 2024, the company is realistically worth $8 million or more today. Hidrent is still in business, still national, and still built entirely on off-duty firefighters.
Recommended Articles:
Mike Hammond Signal Relief Net Worth: What Is Actually Known
Cerebral Success Shark Tank Net Worth: What the Company Is Worth Today
Copa Di Vino Net Worth: What the Brand Is Really Worth in 2026
Sphere Entertainment Co.’s Net Worth: What SPHR Is Really Worth in 2026
Boot Illusion Shark Tank Net Worth: Where the Company Stands Today
