Return Home is a human composting company offering a green alternative to burial and cremation. The company transforms human remains into soil using a combination of alfalfa, straw, sawdust, and time.
Families can use this soil to create memory gardens for their loved ones. This process, known as Terramation, is legal in several states, including Washington, California, Oregon, Colorado, and Vermont, until October 2023.
Return Home provides two services: immediate and pre-planning, with each plan costing $4,950 per member.
Company Name | Return Home | |
Founder | Micha Truman and Katey Houstonno | |
Founded | 2021 | |
Product | Gently Transforms Human Remains Into Soil | |
Asked For | $2 M for 5% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S15 E2 | |
Air Date | Oct 6, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Auburn, Washington, USA | |
Lifetime Worth (Sales) | $1.5M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Return Home?
Micah Truman is the co-founder and CEO of Return Home Company. He started the business in early 2019 and began operations in 2021. After completing his studies, Truman worked in China for several years.
How Was The Shark Tank Pitch Of Return Home?
After entering Shark Tank, Micah and Katey requested $2 million for 5% equity, valuing their company at $40 million. They explained their business model of transforming human bodies into soil through a process called Terramation.
In 2021, they generated $350,000 in sales, and by May 2023, they had surpassed that figure. However, they are currently operating at a loss. By 2023, they had raised a total of $5 million, with their last valuation at $20.6 million in 2022.
Mark Cuban exited immediately. Lori Greiner noted that they hadn’t achieved any significant numbers yet still sought $2 million for 5% equity. They transform 70 bodies each month, charging $3,800 per transformation, while the cost for each transformation is $1,200.
Daniel Lubetzky stated that the valuation didn’t make sense, leading him to exit. Daymond John expressed his passion for the concept but ultimately decided not to invest.
Return Home Shark Tank Update
Return Home did not secure funding on Shark Tank. Given the business model and their funding request, it seems Micha did not expect to receive investment.
The sharks quickly exited after hearing the company’s valuation. Despite raising $5 million, Return Home has yet to turn a profit.
Another similar company in Washington is currently operational. Some social media users suggested that the founders did not seek investment but rather appeared on the show for free publicity.
Following the airing of the episode, opinions about Return Home varied widely. Some viewers praised the business idea as innovative, while others speculated that the founders were primarily seeking exposure rather than funding.
What Is Return Home Net Worth?
Return Home’s estimated net worth is around $1 million. Several startups worldwide focus on transforming human remains into trees or soil after death, but human composting remains illegal in many states and countries.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2023 | $700k *estimated |
2022 | $350k *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
May 2023 | $2M | Unknown |
June 2023 | $676K | StartEngine |
Launched in 2021, Return Home initially faced challenges in attracting clients. However, the business gradually gained traction and has since become one of the leading human composting companies in Washington.