Hidrent

Hidrent

Early Stage

Digital marketplace for off-duty firefighters.

Digital marketplace for off-duty firefighters.

Overview

Raised to Date: Raised: $39,152

Total Commitments ($USD)

Platform

Microventures

Start Date

06/20/2019

Close Date

08/19/2019

Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/31/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$664

# of Investors

75

Momentum
Funded
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Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Location

Celina, Texas

Hidrent, a digital marketplace for off-duty firefighters, is raising funds on MicroVentures. The company allows people to avail home services from the off-duty firefighters who, in turn, get the opportunity to supplement their income. There are two separate apps for consumers and firefighters. Hidrent was founded by David Heimbuch in 2017 and has a valuation cap of $3.5 million. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000, and the proceeds will be used for customer acquisition, technology development, and expansion. Hidrent had a total of 30,000 app downloads in the first quarter of 2019, and the average job size completed exceeded $209 in the same quarter.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hidrent 10/18/2022 StartEngine $8,500,000 $148,491 Equity - Preferred Funded RegCF
Hidrent 01/28/2021 Republic $3,000,000 $100,098 SAFE Funded RegCF
Hidrent 08/18/2019 Microventures $3,500,000 $39,152 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Hidrent on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $3,500,000

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