Return Home is a company that composts human bodies using natural methods. This company was started in early 2021 by Micha Truman and Katey Houstonno. This company is top-rated in Washington for mixing the human body with soil.
The idea of this business arose from a deep conversation between Micah Truman and his mother Lexi.
Micah researched this business idea for two years and in the meantime, he formed a team of soil scientists, HVAC specialists, engineers, funeral directors, and embalmers. After a lot of hard work, the return home came in execution.
This company had raised a total amount of $675,911.30 by June 30, 2022, through StartEngine crowdfunding. According to the report of Crunchbase, this company had raised $2 million from unknown investors in the venture round on May 23, 2023.
The founders appeared on Shark Tank Season 15 Episode 2 to expand their business and spread the word about the Terramation composting. Founders need cash so that they can expand their facility.
What is Return Home?
Return Home is a human composting company that is a green alternative to burial and cremation. This company transforms the human body into Soil using alfalfa, straw, sawdust, and time.
Families can use that soil for memory gardens of their loved ones. This whole thing is called Terramation and it is legal until October 2023 in some states like Washington, California, Oregon, Colorado, and Vermont.
They provide two services: immediate and Pre-planning. The cost of both these plans is $4,950 for each member.
|Company Name||Return Home|
|Founder||Micha Truman and Katey Houstonno|
|Product||Gently Transforms Human Remains Into Soil|
|Asked For||$2 M for 5% equity|
|Final Deal||No Deals|
|Episode (Shark Tank USA)||S15 E2|
|Air Date||Oct 6, 2023|
|Business Status||In Business|
|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 but started executing the business in 2021. Truman worked in China for many years after completing his studies.
How Was The Shark Tank Pitch Of Return Home?
After entering Shark Tank, Micha and Katey asked the sharks for $2m for 5% equity at a $40m valuation. They explained to the Sharks their company’s business model of how they can transform human bodies into “soils” through Terramation.
They had made $350,000 in sales in 2021 and by May 2023 they have crossed $350,000. The shocking thing is that right now they are losing money. They have raised a total of $5 million by 2023. Their last valuation was $20.6 million in 2022.
Mark Cuban was out immediately. Lori Greiner said you have not archived any valuable numbers but you have asked for $2 million for 5% equity.
Every month they transform 70 bodies and they charge $3,800. The transformation cost of one body is $1,200. Daniel Lubetzky said it doesn’t even make valuations sense so he’s out.
Daymond John said that he is passionate about the whole business but not about this so he is out of it.
What Happened To Return Home After Shark Tank?
Return Home did not get funding on Shark Tank. Looking at this business model and the demand for investment, we do not think that Micha came with the expectation of getting funding.
Hearing the valuation of the business, all the sharks were out. Despite raising $5 million in funding, this business has not yet made a profit.
What’s new on Return Home
Last Update: November, 2023
There is another company like Return Home in Washington which is currently running. Some social media users say that they did not come for sharks, they came on TV to do free advertisement.
Return Home Shark Tank Update
After the episode of Return Home to Shark was aired, many users shared their opinions on this business. Some people say that this is a fantastic business idea and some say that the founder came to Shark Tank for free advertisement.
What Is Return Home Net Worth?
Return Home’s net worth is estimated at $1 million. Many such startups have been formed in the world that transform the human body into a tree or Soil after death. There are still many states and countries where human composting is illegal.
Is Return Home Still In Business?
Return Home Business was launched in 2021 and initially, the founder found it difficult to get clients. Gradually this business started progressing and now it is one of the best human composting companies in Washington.
The headquarters of this company is in Auburn, Washington, United States and a total of 2-10 employees are working in it according to their LinkedIn profile.
Yes, Return Home is still in business as of November 2023.
frequently asked questions
Who founded Return Home?
Return Home was founded by Micha Truman.
Did Return Home get a deal on Shark Tank?
Return Home didn’t get the deal on Shark Tank.