Hidrent Handyman Net Worth Shark Tank Update 2025

Finding a trustworthy handyman can be stressful. Many people worry about letting strangers into their homes, especially seniors or those living alone. Regular contractor apps don’t always offer reliable workers, leaving homeowners frustrated.  

Dave Heimbuch, a tech entrepreneur, had a brilliant solution—Hidrent, an app that connects people with off-duty firefighters for home projects. Firefighters are already trusted community members, making them perfect for handyman jobs.  

In Shark Tank Season 13, Dave pitched Hidrent, asking for $300,000 for 8% equity. While some sharks had doubts, Robert Herjavec and Lori Greiner saw potential. After tough negotiations, they struck a deal for $300,000 for 33.3% equity. 

Hidrent Handyman Net Worth Shark Tank Update 2025

Dave was looking for an investment of $300k in exchange for 8% equity in the company. At the time of the episode, he valued his company at $3.75 million. Dave successfully secured a deal with Robert and Lori for an investment of $300k for 33.3% equity in the company. The investment adjusted the company’s net worth to around $900k. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Hidrent is around $4 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Lori Greiner and Robert Herjavec	1# $300,000 for 35% equity 2# $300,000 for 33.3% equity	$300,000 in exchange for 20%	Yes
Robert Herjavec	$300,000 for 20% equity	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Lori Greiner	Partnership with Robert Herjavec	N/A	N/A
Mark Cuban	Out	N/A	N/A

Dave Heimbuch Backstory + Their Initial Pitch 

Dave Heimbuch had experience in software startups before creating Hidrent. The idea came from his firefighter brother-in-law, who often helped neighbors with small jobs. Dave realized firefighters were trusted, skilled, and looking for extra work—perfect for a handyman service.  

He launched Hidrent in 2018, focusing first on Phoenix and Tampa. The app allowed users to post jobs like furniture moving, TV mounting, and light installations. Firefighters could accept jobs and get paid through the app, which took a 23% cut of each transaction.  

When Dave entered the Shark Tank, Hidrent had made $850,000 total, with $320,000 in sales that year. He asked for $300,000 for 8% equity to expand nationwide. 

Queries + Shark’s Responses, and Final Deal

Nirav, a tech mogul, understood the challenges of building an app. He compared Hidrent to Nextdoor, which took years to grow. He didn’t want to go through that again and dropped out.  

Mark didn’t think Hidrent gave Dave enough control. He worried about scaling challenges and left the deal.  

Kevin liked the idea but didn’t want to invest in a local service business. He passed.  

Robert loved the concept but thought the name “Hidrent” was unclear. He offered $300,000 for 20% equity, saying he could help with marketing.  

Lori agreed with Robert and wanted to join the deal. However, she insisted on a name change. Together, they offered $300,000 for 35% equity.  

Dave countered with 20%, but Robert and Lori wouldn’t go below 33.3%. After hesitation, Dave accepted, gaining two powerful investors. 

Product Availability

Hidrent is a service that has become available all across the country. It helps people find assistance for various tasks through a mobile app or by phone, making it easy to book help for things like moving furniture, mounting TVs, putting up holiday lights, and other similar services. 

For those who prefer using their phones, especially seniors, there’s an option to call and book services directly. 

When customers pay for these services, Hidrent takes a fee of 23% from each transaction, which means they keep a portion of the money earned for connecting customers with helpers. The cost for each job can differ based on what service is being requested.

What Happened To The Hidrent Handyman After Shark Tank?

Hidrent is a company that has achieved several significant milestones since a particular deal. Hidrent is now available in every state in the U.S., meaning more people can use its services.

The company has made over $1 million in sales, showing that it’s financially successful. Even though a suggestion was made to change its name, Hidrent decided to stick with its original name. They’ve made it easier for customers by allowing them to book services over the phone.

Additionally, Hidrent has gained a lot of attention and exposure by being featured on major television networks like CBS, Fox, and CNBC, highlighting its growth and success.

Conclusion 

Hidrent’s experience on Shark Tank was tough but ultimately rewarding. Dave, the founder, struck a deal with two of the show’s investors, Robert and Lori, which helped the app expand across the country.

Even though the app’s name stayed the same, its unique feature, a network of trusted firefighters, makes it special. If you need a dependable handyman, Hidrent is a good option to consider.