Skip to content

Image: HiberTec official website

✓ Got a deal Still in business Season 17, Ep. 17 🏠 Home & Lifestyle

HiberTec on Shark Tank

Be the first to review

HiberTec designs homes engineered to lower into the ground for protection from wildfires, tornadoes and other disasters. It is aimed at homeowners and builders in disaster-prone regions who want a new approach to resilient housing.

Visit official site ↗ Check price on Amazon

Official website checked Nov 1, 2026.

We may earn a commission when you buy through our links. It never affects what we write. How we make money

🖨️ Giving this as a gift? Print the "story behind your gift" card

⏱ HiberTec in 30 seconds

The ask$1M for 8%Valued at $12.5M
In the tankDeal: $1M for 20%With Barbara
After the showNot confirmedNo public record either way
TodayStill in businessPre-commercial; first full-scale home not yet built

HiberTec Shark Tank deal

Asked for: $1,000,000 for 8%
Asking valuation: $12.5M
Result: Deal
Final deal: $1,000,000 for 20%
Deal valuation: $5M
Shark: Barbara Corcoran
Founders: Holden Forrest, Mikke Pierson
From: -
Aired: Apr 15, 2026

Deal notes: Condition: Barbara's burned Pacific Palisades home to be the first HiberTec build

Asked

$12.5M

Got

$5M

Would you have invested in HiberTec?

The pitch

Video: HiberTec Homes Pitch | Shark Tank · ABC on YouTube

Holden Forrest, Mikke Pierson pitched HiberTec in Shark Tank Season 17, Episode 17 (aired Apr 15, 2026). They asked for $1,000,000 in exchange for 8% equity, valuing the business at $12.5M. The entrepreneurs walked away with a deal from Barbara Corcoran: $1,000,000 for 20%. That put the final valuation at $5M, 60% below what they originally asked for.

What happened to HiberTec after Shark Tank?

Still in business Last checked November 1, 2026

Our checks

Nov 1, 2026: Visited the official website: it is working.

HiberTec Homes is developing houses that retract underground on hydraulics to ride out wildfires, then resurface within about 15 minutes. Founder Holden Forrest spent roughly five years on the concept, joined by former Malibu mayor Mikke Pierson. On Shark Tank in April 2026, Barbara Corcoran offered $1 million for 20% and also agreed to commission the company's first build at about $1,000 per square foot. The company had no commercial sales at the time, and its next milestone is a fully working first home.

Update: Pre-commercial; first full-scale home not yet built

Timeline since the show

2019
Holden Forrest conceived an underground, wildfire-proof home system
2026-04
Barbara Corcoran agreed to $1 million for 20% on Shark Tank, plus the first build contract

Sources (3)

📝 Know something we don't? Suggest an update

Reviews of HiberTec

No reviews yet. Have you tried HiberTec? Tell other shoppers what you think.

Frequently asked questions

Did HiberTec get a deal on Shark Tank?

Yes. HiberTec got a deal with Barbara Corcoran for $1,000,000 and 20% equity.

Which Shark invested in HiberTec?

Barbara Corcoran invested in HiberTec on Season 17 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is HiberTec still in business?

As of our last check (November 2026), HiberTec appears to still be in business. Its official website is online, and pre-commercial; first full-scale home not yet built.

What season and episode was HiberTec on Shark Tank?

HiberTec appeared in Season 17, Episode 17, which first aired on April 15, 2026.

Where can I buy HiberTec?

You can buy HiberTec from its official website and often on Amazon.

What was HiberTec's valuation on Shark Tank?

The founders valued HiberTec at $12,500,000 when they entered the Tank, and the final deal valued it at $5,000,000.

Official site Amazon