Citadel North
Early Stage
Innovative Technology at the Forefront
Overview
Raised: $20,508
Total Commitments ($USD)
Platform
PicMii
Start Date
08/14/2024
Close Date
01/15/2025
Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment
$300
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.20
Pre-Money Valuation
$10,200,000
Year Founded
2024
Industry
Security, Cybersecurity, & Defense
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Citadel North, with a valuation of $10.2 million, is raising funds on PicMii. The company is redefining emergency response with its art drone technology. Citadel North aims to improve response to emergencies, crisis, and unforeseen scenarios with its drones equipped with interchangeable payload and stationed on site for immediate deployment. The drones of Citadel North are operated remotely from their command centers and work alongside traditional emergency services to enhance response effectiveness. Chris Zahuranec, Dave Wilson, and Ira Burg founded Citadel North in April 2024. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1.2 million. The campaign proceeds will be used for research and development, testing facilities, materials, marketing, and operation center standup.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-7,550 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$7,550 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$7,550 |
$0 |
Financials as of: 08/14/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Citadel North | 01/15/2025 | PicMii | $10,200,000 | $20,508 | Equity - Common | Active | RegCF |
No prior online funding rounds.
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