HiberTec Homes

The world's first truly wildfire-proof homes

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Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$250
Location
CULVER CITY, CA
Offering Date
October 17, 2023
Expected Close Date
January 11, 2024
Target Raise
$50.00K-$1.24M
No. Investors
70
Security Price
$1
Website
hibertec.com
Number of Employees
0
Cash
$1,302
Revenue
$0
Short Term Debt
$75,674
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-63,956

Key Deal Facts

Huge $1.8T Market: homes and businesses lost to wildfires and wind
Patent Protection: multiple patents securing our breakthrough technology
Disruptive Innovation: exclusive solution with very limited competition
Strategic Partnerships: with major homebuilders, gov. entities, etc.
Accomplished Team: over 250 years' extensive, successful experience
Urgent Need: due to climate change, global warming, growing population
Custom Homes: beautiful, scalable wildfire-proof models already available

Perks

Invest
$600
Receive
Limited Edition HiberTec Bear Logo T-Shirt
International shipping charges are included on all merchandise, when applicable

Invest
$1,200
Receive
HiberTec Bear Logo T-Shirt
Limited Edition HiberTec Bear Logo Baseball Cap

Invest
$2,500
Receive
Limited Edition HiberTec Bear Logo T-Shirt
HiberTec Bear Logo Baseball Cap
Limited Edition Men’s or Women’s Luxury Polo Shirt

Invest
$10,000
Receive
All (4) HiberTec Merchandise Items Above
(1)Free Pre-Order HiberTec Home Reservation
Lunch with Founder and CEO Holden Forrest

Invest
$25,000
Receive
All (4) HiberTec Merchandise Items Above
(2) Free Pre-Order HiberTec Home Reservations
Lunch (for 2 guests) with Founder and CEO Holden Forrest
Guided Tour of HiberTec’s Prototype Hydraulic Home Construction Site

Invest
$50,000
Receive
All (4) HiberTec Merchandise Items Above
(3) Free Pre-Order HiberTec Home Reservations
Dinner (for 2 guests) with Founder and CEO Holden Forrest
Private Guided Tour of HiberTec’s Prototype Hydraulic Home Construction Site

Invest
$100,000
Receive
All (4) HiberTec Merchandise Items Above
(Up to 5) Free Pre-Order HiberTec Home Reservations
Private Dinner (for 4 guests) with Founder and CEO Holden Forrest
Private Guided Tour of HiberTec’s Prototype Hydraulic Home Construction Site
Invitation (for 4 guests) to attend HiberTec’s Exclusive Grand Opening Media Event Soiree; with VIP seating, Collectible Merchandise and Memorabilia; Witnessing HiberTec’s First Public Demonstration of its Hydraulic HiberTec Home Capability

Management Team / Advisory Board Bios

Holden Forrest
Founder and CEO

Dan Patneaude
Engineering Team Leader

Jason Feifer
Branding & Marketing Advisor

Karl Kuhn
External General Counsel

Mikke Pierson
Political Advisor

Randy Fenton
Engineer& Patent Liaison

Peter Radin
Business Development

Aaron Brumer
Lead Architect
Amount Raised : $90,225
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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