HiberTec Homes Shark Tank Update
Wildfire- and tornado-proof homes that lower themselves underground at the press of a button and stay protected until the danger passes, then resurface.
The HiberTec Homes Shark Tank Pitch
Holden Forrest and Mikke Pierson pitched HiberTec Homes on Shark Tank Season 17, Episode 17, which aired Wednesday, April 15, 2026, asking for $1M for 8% of the company — a $12.5M valuation.
Barbara Corcoran agreed to invest $1M for 20% equity, valuing the company at $5M, with a condition: Condition that the first HiberTec home be built on Barbara Corcoran's burned Pacific Palisades property as the first real-world prototype (first build contract at $1,000 per sq ft).
Pitch Details
Season / Episode
S17E17
Apr 15, 2026
Ask
$1M
for 8%
Ask Valuation
$12.5M
Deal
$1M
for 20%
Watch the Pitch
Deal Terms
What Happened to HiberTec Homes After Shark Tank
Is HiberTec Homes still in business? Yes — still in business.
- On-air deal (Apr 2026): $1,000,000 for 20% equity with Barbara Corcoran, including the first HiberTec build contract at $1,000 per sq ft to rebuild her burned Pacific Palisades home
- Not yet available for purchase: the company is still in the development and prototype stage, with plans to license the technology to builders once a fully functional prototype is complete
Last verified Sep 7, 2026 · Web-confirmed sources
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