About Hidrent
Hidrent is a company based in Prosper (United States) founded in 2019 by David Heimbuch.. Hidrent has raised $50 thousand across 1 funding round from investors including Capital Innovators. Hidrent offers products and services including General Handyman, Furniture Moving, Gutter Cleaning, and Holiday Lights. Hidrent operates in a competitive market with competitors including Thumbtack, Urban Company, Spruce, Amenify and Schedulicity, among others.
- Headquarter Prosper, United States
- Founders David Heimbuch
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Hidrent Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 K (USD)
in 1 rounds
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Latest Funding Round
$50 K (USD), Seed
Feb 21, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Hidrent
Hidrent offers a comprehensive portfolio of products and services, including General Handyman, Furniture Moving, Gutter Cleaning, and Holiday Lights. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for various repairs and tasks by off-duty heroes.
Assistance in moving furniture safely and efficiently.
Cleaning of gutters to maintain home upkeep.
Installation and removal of holiday decorations.
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Funding Insights of Hidrent
Hidrent has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $50,000
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First Round
First Round
(21 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Seed - Hidrent | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hidrent
Hidrent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Capital Innovators. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Technology, consumer, and energy startups are accelerated and funded.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hidrent
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hidrent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hidrent Comparisons
Competitors of Hidrent
Hidrent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thumbtack, Urban Company, Spruce, Amenify and Schedulicity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App based platform to connect users with local service professionals
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| domain | founded_year | HQ Location |
Customers are connected with vetted professionals for on-demand home services.
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| domain | founded_year | HQ Location |
On-demand local services are booked via an online marketplace.
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| domain | founded_year | HQ Location |
Provider of housekeeping services for multi-family apartments
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| domain | founded_year | HQ Location |
Local services are booked via an online scheduling platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hidrent
Frequently Asked Questions about Hidrent
When was Hidrent founded?
Hidrent was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Hidrent located?
Hidrent is headquartered in Prosper, United States. It is registered at Prosper, Texas, United States.
Is Hidrent a funded company?
Hidrent is a funded company, having raised a total of $50K across 1 funding round to date. The company's 1st funding round was a Seed of $50K, raised on Feb 21, 2020.
What does Hidrent do?
Hidrent was founded in 2019 in Prosper, United States, and operates as an online marketplace in the local services sector. Service categories such as lights installation, childproofing, snow removal, gutter cleaning, leaf removal, furniture moving, and repairs are browsed by users. Requests are posted, and professionals are hired through a mobile app available on the App Store and Play Store. Payments are processed via the app.
Who are the top competitors of Hidrent?
Hidrent's top competitors include Urban Company, Thumbtack and Spruce.
What products or services does Hidrent offer?
Hidrent offers General Handyman, Furniture Moving, Gutter Cleaning, and Holiday Lights.
Who are Hidrent's investors?
Hidrent has 1 investor. Key investors include Capital Innovators.