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HiberTec Homes isn't accepting new investments

HiberTec Homes’ deadline was January 12, 2024

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HiberTec Homes

The world's first truly wildfire-proof homes
B2B B2C Real Estate Tech Residential Real Estate AI & Machine Learning Big Data
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Featured image of HiberTec Homes
$89,975
Raised
69
Investors
Successfully funded and closed on January 12, 2024.
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Closed on January 12, 2024. Information may not be up-to-date. Campaign closed on January 12, 2024. Information displayed may not be up-to-date.
Leadership Problem Solution Product Traction Biz. model Market Competition Vision and strategy Funding Summary
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Hiber Technologies Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
HiberTec Homes Crowd SAFE HiberTec Homes Form C.pdf
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Hear from some of the 69 investors in HiberTec Homes


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Highlights


  • 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


Leadership


The stellar team
behind HiberTec


Problem


Wildfires are unstoppable

And it's Only Getting Worse

Each year, entire communities are obliterated by wildfires in over 100 countries. It's a critical problem with catastrophic losses in properties and lives, affecting millions of people (and businesses too).


Data shows increasing wildfire events and risks due to global warming and climate change.
Map provided via FEMA / National Risk Index 2023

When destroyed homes are rebuilt, or when new homes are being built in ever increasing high-risk wildfire locations, they are constructed using materials severely ineffective to wildfires—because nothing is fireproof.

Wildfires burn 3x hotter than the best fire-retardant materials can handle. This means anything that a wildfire targets will be destroyed… until now!

Solution


Safe and Sound Underground!™

We have the answer.

While HiberTec expects to produce the world’s first wildfire-proof homes, we also believe that our technology will protect retail and commercial businesses from being tragically lost. 

Previous victims range from McDonald’s to Ace Hardware, along with schools, churches, hospitals, banks, fire and police departments, and many more. In raging wildfires emergencies, and even in high wind or tornado events, HiberTec is simply the only true solution to saving all of these structures.

This venture is the result of over 3.5 years of comprehensive engineering and architecture; with (3) extraordinary USPTO patents GRANTED. Our latest PhD-prepared HiberTec Homes Thermal Analysis Report is available upon request.

HiberTec estimates savings of well over $400B per year globally, with thousands of homes, businesses, and lives saved.

Product


HiberTec's first
custom-designed
hydraulic HiberTec Homes

HiberTec Homes are designed to not only protect exterior structures but to save all personal property contents as well: priceless collectibles, irreplaceable heirlooms, artwork, musical instrument, and even vehicles in the garage.


Three unique models

We currently have three custom and scalable home designs – specially engineered and calculated to work perfectly within our wildfire-proof innovation. These are only the first of 100s more home designs which we expect will come from major home builders across the US in the years ahead:

1. The Catulum: One-story model with 3 Bedrooms / 3.5 Bathrooms, 1,600 SF


2. The Ursia: Two-story model with 4 Bedrooms / 4.5 Bathrooms, 2,500 SF




3. The Arctosa: Two-story model with 5 Bedrooms + Study / 5.5 Bathrooms, 4,000 SF



Traction


Our invention is fully patent protected

With over 3.5 years of extensive engineering, we own the process, and we are continuing to obtain truly remarkable patents covering our many breakthrough inventions and solutions, with (3) Major Patents GRANTED so far, and many more expected to follow.

Note that we've also been GRANTED (4) Trademarks as well.

Business model


A comprehensive plan

Market


A  $450B  global
market  opportunity  

HiberTec’s Serviceable Obtainable Market (SOM) represents the market share that HiberTec estimates it can eventually pursue. The numbers below are yearly. HiberTec will focus on California, Western US, and then Nationwide markets initially.


Financial Projection

We will build our full-scale prototype hydraulic HiberTec Home near downtown Los Angeles - one of the largest   media markets globally.  We believe that as we build and successfully demonstrate the amazing wildfire-proof capabilities of our one-of-a-kind home, that we will attract significant media interest which will help develop our growing customer base allowing us to hit our numbers below. Note that per these numbers, we are anticipating servicing just 2% of our Obtainable US Market.  We believe that as economies of scale allow us to produce an increasingly affordable product, that our market share will increase dramatically; especially as each wildfire (and tornado) season proves      the unparalleled capability of our HiberTec Homes and structures.

Competition


Other companies have tried, and failed... it's not their fault

HiberTec’s competition consists of several good companies with well-intended products, but they simply cannot deliver anywhere near the safety and peace of mind that HiberTec offers.

Nothing is fireproof; so even rebuilding, or building new, with the newest fire-retardant materials; or covering your home with wet blankets or drenching your home with extraordinary sprinkler devices, or any combination thereof—will simply not save your property if a raging wildfire descends aggressively upon it.

Why hasn’t anyone asked if there could be a better way to defend and protect homes by utilizing today’s innovative engineering & advanced technologies? Well, that’s exactly what we did.

Note that currently there are a growing number of new housing developments on hold across the US due to increasing wildfire risks and liabilities. The problem is only increasing with, as previously mentioned, the shocking news that two of the nation’s largest insurance companies, Allstate and State Farm, have both pulled out of California, electing to stop writing home insurance policies as the liability for wildfire losses is simply not worth the liability of having to replace destroyed homes.

Vision and strategy


Well-poised for success

HiberTec Homes is built on a model of efficiency and affordability which economies of scale will provide:

  • Modular homes: A modular home's less expensive cost and construction allows HiberTec to provide excavation, hydraulics, and associated mechanisms affordably.
  • HiberTec Homes cost:  Initially, the cost to build a fully-finished hydraulic HiberTec Home is expected to average $600 per square foot in the higher-end markets. A 2,500 SF HiberTec Home is projected to cost approximately $1.5M to build and to sell for approximately $2M.
  • Economic strategy: Using the Tesla model, we will initially produce a premium product to scale up, and to then bring down costs dramatically at mass-adoption, economies of scale levels.
  • Creative & exclusive technology: HiberTec combines proven, existing industries (excavation, modular products, hydraulics, etc.) with its own patented and exclusive technology/IP to provide the only true solution of saving structures in wildfires.

Funding


Capital will be used to build  our full-scale prototype HiberTec Home
as proof-of-concept


Use of Funds


Summary


An exclusive solution
for the entire world

Deal terms


Valuation cap

$15,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$250

The smallest investment amount that HiberTec Homes is accepting.
Learn more

Maximum investment

$200,000

The largest investment amount that HiberTec Homes is accepting.
Learn more

Funding goal

$1.24M

HiberTec Homes must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
HiberTec Homes needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of Hiber Technologies Inc. d/b/a HiberTec Homes (currently Gregory Holden Forrest)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Hiber Technologies Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
HiberTec Homes Crowd SAFE HiberTec Homes Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in HiberTec Homes.
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

About HiberTec Homes

Legal Name
Hiber Technologies Inc.
Founded
Feb 2020
Form
Delaware Corporation
Employees
0
Website
hibertec.com
Social Media
None
Headquarters
Google Map location of of HiberTec Homes
9696 Culver Blvd. Suite 301 , Culver City, CA
Headquarters
9696 Culver Blvd., Suite 301, Culver City, CA, United States 90232

HiberTec Homes Team
Everyone helping build HiberTec Homes, not limited to employees

Profile picture of Holden Forrest
Holden Forrest
Founder and CEO
Profile picture of Dan  Patneaude
Dan Patneaude
Engineering Team Leader
Profile picture of Jason  Feifer
Jason Feifer
Branding & Marketing Advisor
Profile picture of Karl Kuhn
Karl Kuhn
External General Counsel
Profile picture of Mikke  Pierson
Mikke Pierson
Political Advisor
Profile picture of Randy  Fenton
Randy Fenton
Engineer& Patent Liaison
Profile picture of Peter Radin
Peter Radin
Business Development
Profile picture of Aaron  Brumer
Aaron Brumer
Lead Architect
8 more team members
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
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HiberTec Homes

HiberTec Homes successfully raised $89,975 from 69 investors on January 12, 2024
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