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Introspective Power

Operating

Introspective Power, Inc.

Software & AI · Security · Broomfield, CO · Founded 2013

Proactive cybersecurity: building the future of data protection

Post-money valuation ⓘ
$100.1M
As of Nov 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$897,983
Crowd $13K · Private $885K · 2 rounds since 2016
Latest share price
$3.40
Reg CF · Common Stock · Aug 2022 offering price · down round

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$613K
−$307K
2020
$92K
−$462K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$612,529
$92,314
Cost of goods sold
$157,676
$75,176
Gross margin
74%
19%
Net income
-$306,773
-$461,620
Taxes paid
$0
$0
Balance sheet
Cash
$4,022
$2,678
Accounts receivable
$390
$394
Total assets
$147,483
$154,251
Short-term debt
$941,220
$1,429,655
Long-term debt
$343,410
$253,963
Total liabilities
$1,284,630
$1,683,618
Other
Headcount
—
5

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
$100.0M
pre-money
Reg CF · Common · Aug 2022

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

Share price over rounds

log scale
$211.931$26.8433$3.40
Nov 2016Aug 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Aug 2022 (-98.4%)

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

Share counts as of Jun 30, 2021
ClassOutstandingVotes / shareShare of totalLast price
Common Stock79,993—100.0%$3.40Aug 2022

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 $13.4K / $1.1MInvestors 34Post-money $100.1M
Raised $884.6KInvestors 9

Team

5 people
Anthony ThompsonFounder
Founder, President, CEO, and Board Chairman

Anthony started life immersed in technology regularly visiting Bell Labs in Murray Hill, NJ. with his father, Bell Labs Fellow Dr. Larry F. Thompson. While playing with electron microscopes, fiber optics and other interesting things at Bell Labs, he also, while still a teen, experienced beta testing the first lines of Apple computers and accessing ARPANet in the early 80’s. These early experiences piqued Anthony’s curiosity around networking and computer science making him a true “outlier”. He has combined those experiences with education (MS/CS from CU) and experience (25+ in software development, 20+ years in telecommunications and 15+ years in leadership) to cultivate multiple critical, seminal patents to form the basis of the company he founded - Introspective Networks. Prior to founding Introspective Networks, Anthony developed systems maintaining and controlling global networks for one of the world's largest telecommunications companies.

Steven CummingsFounder
VP - Operations

Steven has spent a majority of his career building and managing networks and has earned degrees in Electronics and Information Technology. He served a successful term in the U.S. Air Force, where he held a Top Secret/SCI security clearance, working on critical Air Force networks supporting missions globally. After the USAF, Steven moved on to manage groups deploying large, wide area networks for some of the country's largest providers, later focusing on creating software minimizing the potential for human error on critical systems, where outages or errors can have devastating impacts on emergency services, financial markets, and corporate networks, as well as military and government communications. He has hands-on experience developing network automation capabilities. Nearly two decades of experience with both military and civilian networks and equipment, along with exposure to computers and programming at a young age have contributed to Steven's success. He has worked with Anthony developing software since 2008 and has worked since 2013 to help bring STOP technology to fruition.

Jack Jackson
CFO (part-time)

Jack has an MBA from the University of Minnesota and comes from the Medical Device Industry where he spent 23 years with Medtronic, the world’s largest medical device manufacturer. He held numerous finance roles in Corporate, Business Unit, and International finance roles, as well as Business Development. Jack worked in Minneapolis, MN: Lausanne, Switzerland; and Denver, CO, working cross-functionally with R&D, Manufacturing, Sales, and Marketing. Prior to working with Introspective Power, Inc., Jack was the Sr. Finance Director for the Neurosurgery Business supporting the VP / General Manager. The business addresses unmet medical needs in cranial and spine surgery. The Neurosurgery Business grew its revenue of $200M in 2008 to over $1.3B in 2019 via organic growth (exceeding 10%), adding Medtronic businesses, and via acquisition. The business also increased profitability from ‘breakeven’ up to 40% of revenue over this same period of time. Jack works approximately 10 hours per week in his role with Introspective Power, Inc. while also serving as CFO Advisor for Level10 CFO full-time.

Tricia Heller, JD
Board Member

Tricia Heller joined the board of Introspective Power, Inc. to help navigate Intellectual Property matters, Regulatory Compliance issues, and relationships at the Federal US government level, including the DoD. She has been a senior advisor to a US Senator and has a solid understanding of how U.S. Government agencies, as well as the Colorado state government, work. Tricia's compliance and legal focus will assist the company in navigating federal entities like the NSA and NIST to allow the proper protection and rollout of IPi technology to the US at large. Ms. Heller works approximately 60 hours per quarter in her role as Board Director for Introspective Power, Inc. and continues to serve as IP & Regulatory Compliance Director for Magpul Industries Corp. full-time.

USAF Brigadier General Ian Dickinson (ret)
Board Member

General Dickinson has a unique perspective on the criticality of the technology from Introspective Networks. His USAF bio states: "He (was) responsible for organizing, training, and equipping the Air Force's space and cyber forces with communications and information capability, enabling 14th and 24th Air Forces to support U.S. Strategic Command and U.S. Cyber Command. General Dickinson also act(ed) on behalf of the Commander, Air Force Space Command, as the Air Force's Designated Approval Authority for systems connecting to the Air Force network and for the AFSPC's $11.4 billion space and cyberspace mission system portfolio.” With an earned post-graduate degree in Computer Science, General Dickinson understands the validity of STOP/SmokeNet Technology. Ian is also well schooled in government policy providing the background to help Introspective Networks navigate getting this approved for use by the US Government. General Dickinson currently is the COO of BryceTech, an analytics and engineering firm, based in Alexandria, VA. General Dickinson works approximately 60 hours per quarter in his role of Board Director for Introspective Power, Inc. dba Introspective Networks and continues to serve as COO for BryceTech full-time. Full USAF Bio: https://www.af.mil/About-Us/Biographies/Display/Article/108459/brigadier-general-ian-r-dickinson/

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

Reg CF annual-report compliance

Delinquent

Filed 0 of 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

34 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-UNov 4, 20220001665160-22-002865
    EDGAR
  • Form CAug 3, 20220001665160-22-002158
    EDGAR
  • Form D/AJul 20, 20170001708911-17-000002
    EDGAR
  • Form DJun 16, 20170001708911-17-000001
    EDGAR
Source: ManualCIK 0001708911DEShare price $3.40

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.