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Sun Fund Renewables Inc.

Energy & Cleantech · Milford, CT

Solar Energy – Vertically Integrated

Post-money valuation ⓘ
$50.1M
As of Dec 2018 · from Reg CF Offering (2017) · pre-money + amount raised, not a traded price
Total raised
$127,280
Across 1 round since 2017
Latest share price
$10.00
Reg CF · Series Seed Preferred Stock with SAFT · Nov 2017 offering price

Financials

FY2015–FY2016 · from SEC filings · hover any figure for its source
$0
2015
$0
2016
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 reviewed*
FY2016 reviewed*
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
$0
$0
Taxes paid
$0
$0
Balance sheet
Cash
$0
$0
Accounts receivable
$0
$0
Total assets
$0
$0
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
Other
Headcount
—
8

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
$50.0M
pre-money
Reg CF · Series Seed Preferred Stock with SAFT · Nov 2017

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

Fundraising history

Raised $127.3K / $1.1MInvestors 325Post-money $50.1M

Team

9 people
Michael LicameleFounder
President & Director

Michael has been President & Director of Sun Fund Renewables Inc. since inception. Michael has also been President of MSL Group Inc. for over 25 years (1988-2017), where he has been engaged in the business of energy project finance and development as well as real estate development. He has led the development of over 50 megawatts of solar projects in the past three years. Previously he received the national 2012 Award of Excellence in Program Innovation by the National Association of Housing and Redevelopment Officials. Partnered with Bridgeport Housing First Collaborative & Housing Authority of the City of Bridgeport, Mike helped to cut chronic homelessness in Bridgeport by 50%. He received his MBA from the Stern School of Business at new York University and a BS in Foreign Service from the School of Foreign Service at Georgetown University. Mike was recently interviewed by the local press to discuss a community solar project he developed and also received a Certificate of Recognition from the United States Senate for his pioneering work in renewable energy and affordable housing.

Scott LicameleFounder
Senior Vice President

Scott has been Senior Vice President of Sun Fund Renewables Inc. since inception. Scott has also been Senior Vice President of Business Development at MSL Group, Inc. since January 2011 where he has been engaged in the business of energy project finance and development. He has an extensive background in emerging capital markets, equity research and asset management. He was previously a Senior Emerging Markets Broker with Sberbank CIB in New York (the largest financial institution in Eastern Europe), where he advised US institutional investors on emerging markets equity investments (2011-2015). Prior to that he was Director of Equity Research at Red Star Asset Management, a Greenwich, CT based hedge fund focused on emerging markets equities (2009-2011). Scott received a B.A. in European History from Bard College and an M.A. in International Finance & Banking from the School of International and Public Affairs at Columbia University in New York. He is fluent in Russian and has worked extensively in the former Soviet Union in various capacities. Scott has appeared frequently on financial news networks, such as Bloomberg Television and was quoted in the local press regarding the renewable energy market. Scott is a volunteer on the Weston, Connecticut Sustainability Committee.

Bryan Wilson - Vice President of Operations
Vice President of Operations

Bryan has been Vice President of Operations at MSL Group since 2011 where he has been engaged in the business of energy finance and development. Earlier in his career, Bryan worked with Mo Vaughn (of the Boston Red Sox) to create and manage the Mo Vaughn Youth Development Program (M.V.Y.D.P). Bryan was instrumental in facilitating Mo Vaughn’s profitable marketing campaigns, including endorsements, promotions and appearances for Pepsi Cola, Co., Stateline Potato Chips, Reebok, Adidas, Sprint PCS, Tommy Hilfiger, Ringling Brothers and Barnum Bailey Circus. He was also a cofounder of Wilson & Smith Associates, which provided services for Sean “Puffy” Combs a.k.a “P.Diddy.” He set up and managed a nonprofit youth program in Harlem. Bryan received a BA from Teikyo Post University in Waterbury, CT on a four year athletic scholarship as their star point guard.

Alfred Coney - Master Electrician
Master Electrician

Al is an E1 electrician who specializes in solar contracting. He has been an integral part of the MSL Group solar EPC team.

Brittany Beauchemin - Digital Marketing Manager
Digital Marketing Manager

Brittany has extensive experience in administrative duties. She previously worked as an administrative assistant to the product development team at Case Concepts International, Ltd. Brittany received her B.A. in English and American Studies from Western Connecticut State University.

Jose Morales - Solar Engineering Designer
Solar Engineering Designer

Jose has been with MSL Group since 2015. He is a highly experienced solar designer. He collaborates on business development, solar layout and design, electrical engineering and permitting of solar projects in MSL Group’s key markets. Jose received a B.A. in Architecture from UTU IEC in Montevideo, Uruguay as well as certifications in Auto CAD design.

Lucia Morel - Accounting Manager
Accounting Manager

Lucia joined MSL Group in 2016. She received her M.S in Taxation from the University of New Haven in 2015 while gaining experience as an Individual Tax Preparer and Bookkeeper for a tax preparation firm and telecommunications company. Her background includes preparation of income taxes for individual and small business, as well as general bookkeeping experience. Others general software skills includes QuickBooks, Buildium, Drake and Ultra Tax. Lucia is fluent in Spanish.

Raffaella Morgan - Processing Manager
Processing Manager

Raffaella has been with MSL Group since 2013. She is a seasoned, client-focused administrative professional. She has a strong background in office administration, in both corporate and small business environments. Raffaella is also active in many organizations in her community and volunteers at Metropolitan Ministries to help provide meals and clothing to local homeless and underprivileged residents.

Ron Little - Project Manager
Project Manager

Ron has been with MSL Group since 2014. He is a seasoned project manager & trainer, successful in identifying performance gaps and providing solutions resulting in efficient project execution and improved job performance. He has worked in healthcare, telecommunications and higher education. Ron received his B.A. from the University of Connecticut and a M.A. from Fairfield University.

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 9 annual reports (FY2017–FY2025)

Missing: 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025

325 investors
holder-count proxy

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

  • Form C-UJul 16, 20190001665160-19-000783
    EDGAR
  • Form C-UJan 3, 20190001665160-19-000006
    EDGAR
  • Form C/AOct 29, 20180001665160-18-001141
    EDGAR
  • Form C/AAug 29, 20180001665160-18-000860
    EDGAR
  • Form C/AJul 2, 20180001665160-18-000650
    EDGAR
  • Form C/AApr 30, 20180001665160-18-000362
    EDGAR
  • Form C/AApr 17, 20180001665160-18-000287
    EDGAR
  • Form C/AJan 8, 20180001665160-18-000012
    EDGAR
Source: ManualCIK 0001721827DEShare price $10.00

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.