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ICARUS RT, INC.

Operating

Icarus RT, Inc.

Software & AI · Founded 2021

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Hybrid PV/thermal solor plus storage cogeneration system

Valuation cap ⓘ
$20.0M
As of Jan 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$142,423
Crowd $72K · Private $70K · 2 rounds since 2017

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$0
−$276K
2019
$0
−$611K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$276,059
-$611,129
Taxes paid
$0
$0
Balance sheet
Cash
$7,756
$376
Accounts receivable
$0
$75,000
Total assets
$13,004
$80,488
Short-term debt
$0
$135,180
Long-term debt
$727,500
$999,158
Total liabilities
$727,500
$1,134,338
Other
Headcount
—
10

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$20.0M
Valuation cap
Reg CF · Note · Nov 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · Convertible Note · Nov 2021Closedvia WeFunder
Raised $72.4K / $1.1MInvestors 73Valuation cap $20M
Rule 506(b) · Equity · Apr 2017Closed
Raised $70KInvestors 5

Team

5 people
Mark AndersonFounder
Founder & CEO
Regina McNamara
CFO
Ronald Lawrence Pitt
CTO
Doris Lu-Anderson
Director of Marketing
Jayanth Franklin
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

73 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CNov 10, 20210001670254-21-001280
    EDGAR
  • Form DJun 30, 20170001710812-17-000001
    EDGAR
Source: ManualCIK 0001710812

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.