[Closed for Investment] 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.
Investment Overview
Raised: $39,152
Deal Terms
Total Commitments ($USD)
- Platform
- Microventures
- Start Date
- 06/21/2019
- Close Date
- 08/19/2019
$25,000
$107,000
$100
Convertible Note
RegCF
$3,500,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Celina, Texas
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Hidrent | 10/19/2022 | StartEngine | $8,500,000 | $148,491 | Equity - Preferred | Funded | RegCF |
| Hidrent | 01/29/2021 | Republic | $3,000,000 | $100,098 | SAFE | Funded | RegCF |
| Hidrent | 08/19/2019 | Microventures | $3,500,000 | $39,152 | Convertible Note | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.