Hidrent

Off Duty. On Demand.

Hidrent

Off Duty. On Demand.

Prosper, TX
Professional Services
Hidrent is the only on-demand home service company partnered with the IAFF-FC that is dedicated exclusively to helping firefighters supplement their incomes during their off-duty days. We connect firefighters with homeowners and local businesses in need of “handyman-type” help that firefighters can complete in between shifts. We are a part of a large, growing, and fragmented industry. We have a business model similar to other gig labor platforms, but what makes us unique is our labor supply consists exclusively of off-duty firefighters, complete with extensive background checks through their primary careers.

$127,250

raised
156
Investors
$8.5M
Valuation
$0.57
Price per Share
$228.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$535K
Offering Max
15
Days Left

$127,250

raised
156
Investors
$8.5M
Valuation
$0.57
Price per Share
$228.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$535K
Offering Max
15
Days Left

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Hidrent:

$228+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
1st Perk
Invest $500+ and receive 3% Bonus Shares.
$2,500+
Investment
2nd Perk
Invest $2,500+ and receive 5% Bonus Shares.
$5,000+
Investment
3rd Perk
Invest $5,000+ and receive 10% Bonus Shares.
$10,000+
Investment
4th Perk
Invest $10,000+ and receive 15% Bonus Shares.
$25,000+
Investment
5th Perk
Invest $25,000+ and receive 20% Bonus Shares.

Reasons to Invest


  • Our mission is to become the most trusted source available for gig labor that simultaneously improves the financial well-being of our neighborhood firefighters.


  • The US on-demand home services sector currently stands at $600 billion. It has shown a steadfast growth during the pandemic, however it is extremely fragmented. Our largest competitor generated $1.62 billion in revenue last year, representing only 0.27% of the total addressable market.


  • A successful appearance on Shark Tank catapulted our company from regional to national overnight. The exposure was priceless and solidified our brand and service as safe, trustworthy, and reliable for all US homeowners.

Overview


Home service heroes

Firefighters are uniquely qualified to continue serving their community during their time off. Most firefighters work 24 hours on duty, followed by 48 hours off duty.


Hiring an off-duty firefighter will help to supplement their income and leverage their skills and expertise while homeowners get the help they need from someone they can trust to get the job done right.


Everyone has a to-do list at home. Now, you can hire a local trustworthy firefighter for your next home project. Off-duty firefighters will respond quickly to your request, and get the job done right. Furniture moving, gutter cleaning, hauling, hanging, and more – consider it done when you hire a trusted firefighter in your community.


Firefighters undergo a rigorous background check, so you know you’re hiring a safe, reliable, and trustworthy person to get the job done right. Enjoy the peace of mind of hiring a trusted professional to do quality work, on time, at a fair price.

The Problem


We are trying to bring trust back to our communities


We are looking to make “getting help while giving back possible”.


Unlike other home service marketplaces, Hidrent exclusively uses off duty firefighters who are dedicated to serving their communities to perform various household tasks.  


Firefighters undergo substantial background checks as part of their screening at the station where they work--much more extensive than a simple online screen that you will get elsewhere. 


As such, we do not need to do background checks on our firefighters. We do, however, perform employment checks to ensure only verified firefighters enter the Hidrent network.


The Solution


Hire a firefighter for your next home project


Hidrent is the only on-demand home service company partnered with the IAFF-FC that is dedicated exclusively to helping firefighters supplement their incomes during their off-duty days.


We connect firefighters with homeowners and local businesses in need of “handyman-type” help that firefighters can complete in between shifts.



With expertise and experience in a variety of disciplines, firefighters are looking for small projects to leverage their skillset during their time off.


Here’s a look at our extensive services:



We are a part of a large, growing, and fragmented industry. We have a business model similar to other labor/contractor service platforms, but what makes us unique is our labor supply consists exclusively of off-duty firefighters. Did we mention there are no bid fees either? This means that firefighters never have to pay to use our service, unless they get paid nor do they have to compete against other firefighters on pricing.


the market



Home service and home health are growing rapidly


The US on-demand home services sector currently stands at $600 billion. It has shown a steadfast growth during the pandemic, but it is extremely fragmented. Our largest competitor generated $1.62 billion in revenue last year, representing only 0.27% of the total addressable market.



Not to mention, people are aging in place longer, meaning senior citizens are most likely to use our services. We know this because the two largest population cohorts, Boomers and Millennials, are currently entering stages of life focused on home buying and on aging in place, respectively.

Our traction



Climbing the ladder 


Here is a look at some highlights leading to our growth:


Appearance on Shark Tank:

The successful appearance on Shark Tank catapulted our company from regional to national overnight. The exposure was priceless, and solidified our brand and service as safe, trustworthy and reliable for all US homeowners.



Partnered with the IAFF-FC:

In most two-sided marketplaces the supply side is the most difficult to fill and manage. The partnership with the IAFF-FC has essentially given us the opportunity to reach 325,000 firefighters with no acquisition costs. Equally important is the opportunity for us to now seamlessly donate a small percentage of our revenue to firefighter charitable foundations managed by the IAFF.



Launched new mobile app:

Our new mobile app will give our customers the ability to transact with Hidrent and communicate with firefighters at home, or on the go. Owning real estate on mobile devices also gives us better ways to communicate and retain customers who use our service.


All this and more has been helping our company climb the ladder towards market disruption, and thus, profit.


B2B Growth has exploded:

In addition to helping homeowners with small projects around the house, our firefighters also partner with businesses nationwide who need help fulfilling their labor demands as well.


Hidrent has partnered with businesses to assist with: construction, restoration, home health, non emergency medical transportation, moving and more.



Why invest



Trustworthy, safe, helpful--a win-win for all


Our mission is to become the most trusted source available for gig labor that simultaneously improves the financial well-being of neighborhood firefighters. Our goal is to be a household name, and the first place people go when they need help with a small project around the house.


Every firefighter should have the ability to perform at least one project a month through our platform to help supplement their income by an average of $250/job.


There are over 1.2 million firefighters in the US today. Given this and our proven business model with a unique, trustworthy labor supply we believe we have what it takes to disrupt the home services market. 

*The above testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.

In the Press

Good Morning Texas

Handy firefighters to the home task rescue with Hidrent App

FOX 7 Austin

Hidrent app helps people with odd jobs

CBS 4 Denver

Firefighters Use Hidrent App To Serve Community During Off Duty Hours

FOX 10 Phoenix

New app connects off-duty firefighters with people to complete tasks

WTOL 11 Toledo

Hidrent App links you up with off-duty firefighters for help around the house

Fox 19 Cincinnati

Hidrent connects you with local firefighters to complete your to-do list

ABC

Shark Tank Season 13 Episode 6

Offering Summary


Company

:

Hidrent Inc.

Corporate Address

:

961 Waterview Drive, Prosper, TX 75078

Offering Minimum

:

$9,999.51

Offering Maximum

:

$534,999.72

Minimum Investment Amount

(per investor)

:

$228.00











Terms


Offering Type

:

Equity

Security Name

:

Series Seed-1 Stock

Minimum Number of Shares Offered

:

17,543

Maximum Number of Shares Offered

:

938,596

Price per Share

:

$0.57

Pre-Money Valuation

:

$8,500,000.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Time-Based:

Friends and Family Early Birds

Invest within the first week and receive 20% bonus shares

Super Early Bird Bonus

Invest within the first two weeks and receive 15% bonus shares

Early Bird Bonus

Invest within the first four weeks and receive an 10% bonus shares

Volume Based:

$500+ | 1st Perk

Invest $500+ and receive 3% Bonus Shares.

$2,500+ | 2nd Perk

Invest $2,500+ and receive 5% Bonus Shares.

$5,000+ | 3rd Perk

Invest $5,000+ and receive 10% Bonus Shares.

$10,000+ | 4th Perk

Invest $10,000+ and receive 15% Bonus Shares.

$25,000+ | 5th Perk

Invest $25,000+ and receive 20% Bonus Shares.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Hidrent will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series Seed-1 Stock at $0.57 / share, you will receive 110 Series Seed-1 shares, meaning you'll own 110 shares for $57. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$187,144.00 USD
$59,082.00 USD
Cash And Cash Equivalents
$147,494.00 USD
$18,529.00 USD
Accounts Receivable
$33,816.00 USD
$40,349.00 USD
Short Term Debt
$265,574.00 USD
$323,222.00 USD
Long Term Debt
$557,000.00 USD
$44,802.00 USD
Revenues And Sales
$429,438.00 USD
$261,786.00 USD
Costs Of Goods Sold
$408,174.00 USD
$229,623.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$320,506.00 USD
-$229,207.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

In case you missed it….

12 hours ago


Recently, CEO & Founder Dave Heimbuch hosted an exclusive Q&A webinar. He also provided an in depth look into what makes Hidrent a leading competitor in the on-demand in home service industry. 


In case you missed it, you can view a recording of the full webinar here. Continue reading to check out some key takeaways from Dave’s presentation. 


Hidrent solves the problem of trust in the on-demand home service industry. “If you can’t trust your local firefighter to give you a fair estimate on home projects, then I don’t know who you can trust,” Dave emphasizes. A successful appearance on Shark Tank gave us nationwide credibility and solidified our services as safe, trustworthy, and reliable for US communities. 


Since every firefighter goes through extensive background checks from their primary careers, there’s no need for additional vetting. This is one of the many reasons Hidrent is a great investment opportunity - we’re able to compile a vast source of reliable, skilled labor. 


The US on-demand home services sector currently stands at $600 billion, and our network is growing fast. Hidrent is partnered with the IAFF-FC (International Association of FireFighters), which gives us the opportunity to reach their 328,000+ members. 


Our firefighters have already completed over 4,000 jobs across the nation, generating over $1M in early revenue! In return, Hidrent donates a percentage of their revenue to their charitable foundation. Our partnership has helped grow our labor force from 1,500 firefighters to 6,500 in a short amount of time. 


We’ve also partnered with a number of businesses, giving us access to thousands of their customers – with no acquisition costs. Some of the industries we work with include solar, moving, and home health, as well as medical transportation. 


Would you like to know more? Check out the recording of our latest webinar to learn more early investment opportunities. 


We invite you to share this blog with your friends, family, and network so they, too, can help heroes help their communities.


Warmly,

Dave Heimbuch

CEO

Hidrent Fireside Chat is Only 1 Day Away!

6 days ago


Hidrent is the only on-demand home service platform that exclusively hires firefighters. Curious about what Hidrent has to offer our shareholders?


We’re hosting an exclusive live webinar tomorrow! Join me on Thursday, September 29th at 1:00 PM PST for a fireside chat with our featured guest and angel investor Scott Kalniz.


We make getting help while giving back possible. The US on-demand home services sector currently stands at $600B and continues to grow an average of 49% annually. 


Hidrent leverages reliability from a skilled labor force in order to extinguish our competition. We are the only on-demand home service platform partnered with the IAFF-FC, giving us access to their 325,000+ firefighters with no acquisition costs!


Hope to see you at our exclusive fireside chat! You can register for the virtual event here. Please extend this invitation to your friends, family, and network!



Warmly,

Dave Heimbuch

CEO

Everyone has a to do list… is joining forces with Hidrent on yours?

6 days ago


Hello, Hidrent Community! 


Did you know that the US on-demand home services industry is a booming $600 billion market? Or that gig platforms have shown steadfast growth with no signs of slowing, growing 49% annually? Or that our campaign on StartEngine is rapidly coming to a close?


Even a minuscule .27% of the total addressable market equates to $1.62B in revenue!


Hidrent is gaining nationwide attention for establishing a reliable and safe way for homeowners to have access to a skilled labor force - one consisting exclusively of off-duty firefighters. 


With gig labor, maintaining a steady supply of skilled workers is top priority. We are the only on-demand home service platform partnered with the IAFF Financial Corporation (IAFF-FC) - granting us access to their 325,000+ members. 


We’ve also partnered with businesses who need help fulfilling their own labor needs to assist with: 


  • Construction

  • Restoration

  • Home health

  • Non-emergency medical transportation 

  • Solar

  • Moving 

  • And more!


With over 1.2 million firefighters in the US, combined with our proven business model centered around a reliable labor force, Hidrent has what it takes to disrupt the home services market! We help homeowners extinguish their to-do list by hiring heroes.


Want more? How about bonus share profits for our early investors? Everyone has a to-do list… is investing in Hidrent on yours? 


Learn more about investment opportunities by visiting our raise page on StartEngine. Don’t forget to check out our perks for investors, and please share with your friends, family, and network!




Warmly,

Dave Heimbuch

CEO

Hidrent

Hidrent 120K Milestone

8 days ago


Hello, Hidrent Community! 


Our Reg-CF campaign on StartEngine is making a huge splash, hitting over $120K investments – and we want you to join our mission! 


Hidrent is a technology company that connects firefighters with homeowners and local businesses that need skilled workers to complete tasks. We are the only on-demand home service company partnered with the IAFF-FC (the International Association of Fire Fighters Financial Corporation). 


When hiring an off-duty firefighter, homeowners get the help they need from someone they can trust – someone who also has the skills and expertise to get the job done right. 

Thank You For Your Time!

Now is the time to invest in a company connecting firefighters to on-demand home services. We have a large and growing network of neighborhood heroes – and we’re ready, willing, and able to step in and offer homeowners and businesses all the help they need to extinguish their to-do lists! 


By becoming an early investor, you have the opportunity to be a part of our journey. So be sure to get in on the opportunity while you can.


Warmly,

Dave Heimbuch

CEO

Hidrent

Hidrent Fireside Chat

12 days ago



Hello, Hidrent Community. 👋


Hidrent is going live! Join me on September 29th at 1:00 PM PST for a fireside chat with Fireside chat with lead investor and featured guest Guest Scott Kalniz.


Hope to see you there. You can register for the virtual event here


Hidrent is leading the way in the on-demand home services market! Hidrent’s competitive edge? We exclusively use off duty firefighters - trusted pillars of their community - to perform a huge variety of household tasks, ranging from helping seniors all the way up to complex AC installation.  


Why you should register:


  • The US on-demand home services sector currently stands at $600B. Our largest competitor generated $1.62B in revenue last year, representing only 0.27% of the total addressable market.


  • A successful appearance on Shark Tank catapulted our company from regional to national overnight. The exposure was priceless and solidified our brand and service as safe, trustworthy, and reliable for all US homeowners.


  • We operate inside a market that is sizable, expanding, and very competitive. Our business model is comparable to that of other gig labor platforms, with the exception that our source of labor is limited to off-duty firefighters. 


Spread the word to your friends, family, and network about this online event!


Warmly,

Dave Heimbuch

Join us for an exclusive Fireside Chat

19 days ago


Hidrent is the only on-demand home service platform that exclusively hires firefighters. Curious about what Hidrent has to offer our shareholders? 


Join me and special guest Scott Kalniz for an exclusive fireside chat on September 29th at 1:00 PM PST! We are excited to answer all your burning investor questions!


There are only 2 weeks left, so reserve your spot today! 


The US on-demand home services sector currently stands at $600 billion and is growing 49% annually. 


Our partnership with the IAFF-FC gives us the opportunity to reach 325,000+ firefighters - without acquisition costs. To show our gratitude, we donate a percentage of our revenue to firefighter charitable foundations managed by IAFF-FC.


Hope to see you there! You can register for the virtual event here


We invite you to share this exclusive webinar opportunity with your friends, family, and network so they also can help heroes serve their communities.


Warmly,
Dave Heimbuch
CEO

Hidrent Brings Trust Back to Communities

20 days ago


I created Hidrent with a mission to become the most trusted resource for on-demand home services. We use a skilled labor force composed exclusively of off-duty firefighters to extinguish our competition. 


The US on-demand home services sector currently stands at $600 billion, and grows by 49% annually. 


Our partnership with the IAFF-FC allows us to reach 325,000+ firefighters without acquisition costs, meaning we receive these leads free of charge. To show our gratitude, we donate a percentage of Hidrent revenue to charities managed by the IAFF-FC. 


Hidrent heroes have already completed over 4,000 jobs nationwide, generating over $1M in early revenue! 


Have we piqued your interest? Download our pitch deck to learn more about Hidrent!


We invite you to share this blog with your friends, family, and network so they, too, can hire heroes to help their communities!


Warmly,

Dave Heimbuch
CEO

Notice of Material Change in Offering

21 days ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Hidrent offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign end date.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

1 week to register for our live webinar!

about 1 month ago


Hello, Hidrent Community! 


Showtime is right around the corner. Join me on September 8th at 1 PM PST as I dive deeper into our equity crowdfunding campaign on StartEngine.


Hope to see you there! You can register for the virtual event here


Our mission is to become the most trusted source available for on-demand home services. We connect firefighters with homeowners and local businesses in need of a skilled professional. 


Why you should register:


  • The US on-demand home services sector currently stands at $600B. Our largest competitor generated $1.62B in revenue last year, representing only 0.27% of the total addressable market.


  • A successful appearance on Shark Tank catapulted our company from regional to national overnight. The exposure was priceless and solidified our brand and service as safe, trustworthy, and reliable for all US homeowners.


  • We operate inside a sizable market, expanding and very competitive. Our business model is comparable to that of other gig labor platforms, with the exception that our source of labor is limited to off-duty firefighters. 


Spread the word to your friends, family, and network about this online event!


Warmly,
Dave Heimbuch



Hidrent: Less than 2 weeks until our Investor Q&A Webinar

about 1 month ago


Hello Hidrent Community! 


Showtime is right around the corner. Join me on September 8th at 1 PM PST as I dive deeper into our equity crowdfunding campaign on StartEngine.


Hope to see you there! You can register for the virtual event here


Our mission is to become the most trusted source available for gig labor that simultaneously improves the financial well-being of our neighborhood firefighters. 


Why you should register:


  • The US on-demand home services sector currently stands at $600B. Our largest competitor generated $1.62B in revenue last year, representing only 0.27% of the total addressable market.


  • A successful appearance on Shark Tank catapulted our company from regional to national overnight. The exposure was priceless and solidified our brand and service as safe, trustworthy, and reliable for all US homeowners.


  • We operate inside a market that is sizable, expanding, and very competitive. Our business model is comparable to that of other gig labor platforms, with the exception that our source of labor is limited to off-duty firefighters. 


Spread the word to your friends, family, and network about this online event!


Warmly,

Dave Heimbuch

CEO

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