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MCARTECH, INC.

Operating

MCARTech, Inc.

Software & AI · B2B · Founded 2017

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Preventing costly industrial machinery failure with asset reliability solutions

Valuation cap ⓘ
$5.0M
As of May 2023 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$114,752
Across 1 round since 2023

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$85K
−$129K
2020
$36K
−$198K
2021
$92K
−$132K
2022
$180K
−$40K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$85,048
$36,202
$92,046
$179,963
Cost of goods sold
$337
$15,919
$13,164
$18,426
Gross margin
100%
56%
86%
90%
Net income
-$128,950
-$198,434
-$131,586
-$40,081
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$157,802
$251,026
$62,198
$163,301
Accounts receivable
$233
$7,910
$5,568
$18,183
Total assets
$173,911
$260,789
$67,766
$186,484
Short-term debt
$60,993
$346,305
$26,186
$15,000
Long-term debt
$0
$0
$0
$0
Total liabilities
$60,993
$346,305
$26,186
$15,000
Other
Headcount
—
3
—
4

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
$5.0M
Valuation cap
Reg CF · SAFE · Feb 2023

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 · SAFE · Feb 2023Closedvia WeFunder
Raised $114.8K / $1.2MInvestors 11Valuation cap $5M

Team

4 people
Kumar R ChatterjeeFounder
Founder/CEO
Kanishka Aman Singh
Vice President/COO
Om P Mandhana
CFO
Steven D Guzy
Senior Advisor / 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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not requiredFewer than 300 holders of record

Filed 1 of 4 annual reports (FY2022–FY2025)

11 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-ARApr 23, 20240001670254-24-000400
    EDGAR
  • Form CFeb 9, 20230001670254-23-000087
    EDGAR
Source: ManualCIK 0001964416

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.