Sophia Michaels
Hidrent gained significant attention on “Shark Tank” in Season 13, Episode 6. Founded by Dave Heimbuch, this innovative app connects users with local firefighters for various household tasks, including moving and installation services. By the time of the show’s airing, Hidrent had already amassed $850,000 in total revenue since its inception in 2018, with $320,000 from sales recorded in just that year.
The inspiration for Hidrent stemmed from Heimbuch’s observation of his firefighter brother-in-law taking on side jobs during downtime. Initially serving areas in Phoenix and Tampa, the app takes a 23% commission from each job arranged through its platform. In a successful bid, Heimbuch struck a deal with investors Robert Herjavec and Lori Greiner for $300,000 in exchange for a 33.3% stake. What progress has the app made following its television debut?
Hidrent’s Growth After Shark Tank
Since its feature on “Shark Tank,” Hidrent has flourished with the guidance of Robert Herjavec and Lori Greiner. The app has surpassed the $1 million revenue milestone and revamped its branding, although Lori suggested an alternate company name during the pitch. Initially limited to specific cities, Hidrent now serves users nationwide to connect them with certified firefighters for home services.
To improve accessibility, Hidrent has also launched a telephone booking feature, catering to less tech-savvy individuals, including elderly users. The app’s growth is largely attributed to the inherent trust many Americans place in firefighters, who are seen as reliable compared to unverified handymen. Firefighters typically undergo thorough background screenings from their fire stations, allowing Hidrent to focus on validating employment to maintain a trusted network for users looking for home assistance.
