Crowdonomics
All companies
INERGY logo

INERGY

Operating

Mission Rise, Inc.

Energy & Cleantech · Cleantech · Chubbuck, ID · Founded 2014

Innovative solar-powered products to harnes and store renewable energy

Post-money valuation ⓘ
$20.8M
As of Nov 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$5,475,338
Crowd $582K · Private $4.9M · 3 rounds since 2021
Latest share price
$0.9301
Section 4(a)(2) · Preferred Stock · Nov 2024 offering price

Financials

FY2021–FY2024 · from SEC filings · hover any figure for its source
$5.7M
−$2.3M
2021
$8.7M
−$999K
2022
$3.9M
−$1.5M
2023
$2.7M
−$990K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 unaudited
FY2024 unaudited
Income statement
Revenue
$5,650,356
$8,673,147
$3,888,670
$2,743,981
Cost of goods sold
$3,701,015
$5,342,406
$2,084,069
$822,334
Gross margin
34%
38%
46%
70%
Net income
-$2,331,640
-$998,797
-$1,459,204
-$990,489
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$67,423
$5,998
$32,509
$299,536
Accounts receivable
$0
$0
$0
$0
Total assets
$842,423
$1,532,841
$2,476,281
$1,757,617
Short-term debt
$281,356
$2,836,439
$3,032,274
$750,556
Long-term debt
$3,099,138
$3,617,406
$4,571,301
$6,062,237
Total liabilities
$3,380,494
$6,453,845
$7,603,575
$6,812,793
Other
Headcount
—
18
18
11

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

Pre-money — the valuation set before each round’s money came in
$20.0M
pre-money
Reg CF · Preferred · Jun 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$1.14$0.57$0.9286
Apr 2021Nov 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Principal holders% as the filing states it, Jun 14, 2023

  • and Michelle Barrott50.0%of company
  • Barrott50.0%of company
  • Owned Big Dog Satellite Holdings LP4,250,801 Common24.2%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $581.9K / $1.2MInvestors 451Post-money $20.8M

Team

8 people
Sean Chanpaseut LuangrathFounder
CEO

A recognized international leader, Sean Luangrath has worked at Fortune 100 companies, on multiple continents, and for both early and late-stage startups. He previously was an executive in the China Retail Operations group for Apple and worked extensively in Apple’s global iPhone Sales organization in Silicon Valley. Sean has a BS in International Finance from Brigham Young University an MBA from the UC Berkeley and Columbia University.

Brad Barrott
Founder and Board Member

Brad Barrott is a highly accomplished entrepreneur, investor, and business leader. With a strong work ethic cultivated during his upbringing in a small town in Idaho, Brad's entrepreneurial journey began in high school, and he continued launching and managing successful ventures throughout his college years. As the founder and Chairman of multiple companies, Brad has made significant contributions to the fields of solar energy, fiber optics, and internet services. One of Brad's notable achievements is Big Dog Solar, a thriving full-service residential and commercial solar and battery backup company. With offices in Colorado and Idaho, Big Dog has experienced remarkable year-over-year growth, installing solar projects in numerous states and projecting revenues surpassing $30 million in 2020. Brad's vision for making a positive impact is also evident in Inergy Solar, an industry leader in portable solar and battery products. Inergy's award-winning products have gained a passionate user base across North America, Puerto Rico, and even Nepal. Beyond his accomplishments in the energy sector, Brad has spearheaded Tru Fiber, a state-of-the-art fiber internet company that revolutionizes data transmission and internet speeds in Idaho. He has also achieved recognition with Big Dog TV & Internet, offering top-notch bulk, commercial, and residential internet and TV services. Brad's success is a testament to his unwavering commitment to excellence.

Sean Luangrath
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
Curtis Steinfeldt
Fractional CFO/Financial Controller

Curtis is an experienced financial professional currently serving as the Financial Controller at Inergy. Since joining the company in August 2020, Curtis has led and managed the internal and external financial teams, ensuring optimal financial performance and alignment with Inergy's strategic objectives. With a strong focus on financial operations and reporting, Curtis plays a crucial role in driving the company's growth and success. Prior to joining Inergy, Curtis held diverse roles that showcased his versatility and entrepreneurial spirit. As the owner of Kanga Pack, an E-commerce business, he managed all aspects of the company, including order fulfillment, marketing, and influencer relations. Curtis's entrepreneurial experience, combined with his role as President at Alliance Ventures, where he directed a multimillion-dollar venture capital investment in Wendover, demonstrates his ability to drive business growth and execute successful strategies. His collaborative approach with government entities, healthcare organizations, and community leaders furthered the development of Wendover and showcased his commitment to making a positive impact. With a track record of delivering results, Curtis's financial expertise, leadership skills, and entrepreneurial mindset continue to contribute to Inergy's financial performance and overall success. Curtis works with the Company approximately 20 hours per week.

David Robert Erickson
Fractional Chief Operating Officer

David Erickson is an international business and non-profit executive as well as a successful solar and battery entrepreneur. He has started multiple energy businesses in Africa and the U.S., the most recent, Kailo Energy, being acquired in 2018. For over 15 years David has also provided advisory and consulting services to businesses and non-profits around the globe working on energy, health, and business growth projects.

Zachary Dennis Blume
Chief Technology Officer

As CTO, he leads the charge on the technology front, everywhere from engineering to IT systems and data management. Zac has extensive experience everywhere from designing EV/HEV lithium batteries and control systems to whole-home off-grid solar, wind, and generator micro-grid systems. Proficient in Altium Designer, SOLIDWORKS, and several programming languages, Zac is at the forefront of all engineering efforts.

Zane Hardin
Vice President of Marketing

Zane Hardin joined the Inergy sales team as an account manager and was promoted to be the Digital Marketing Manager. As the Marketing Manager, Zane launched Inergy’s influencer marketing program where he established and managed 52 individual partnerships resulting in $2.2M of revenue tied directly to the program. Zane is passionate about building a marketing team that will fuel Inergy’s growth while bringing portable power to people around the world.

Bradley Barrott
Director

Names and titles as disclosed on StartEngine, 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 2 of 3 annual reports (FY2023–FY2025)

Missing: 2025

451 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 C-ARNov 19, 20250001973233-25-000003
    EDGAR
  • Form C-ARMay 14, 20240001665160-24-000843
    EDGAR
  • Form C-UNov 22, 20230001665160-23-001951
    EDGAR
  • Form C/AAug 30, 20230001665160-23-001704
    EDGAR
  • Form CJun 14, 20230001665160-23-001380
    EDGAR
Source: ManualCIK 0001973233DEShare price $0.9301

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.