Citadel North

Citadel North

Closed: Jan. 2025

About this raise

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.

Expand

Investment Overview

Invested this round: $20,808

Deal Terms

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    Open SEC Filing

Price Per Share

$1.20

Pre-Money Valuation

$10,200,000

Company & Team

Company

Year Founded
2024
Industry
Security, Cybersecurity, & Defense
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Middletown,, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Chris Zahuranec
Title
CEO
Founder Name
Dave Wilson
Title
CTO
Founder Name
Ira Burg
Title
CSO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$629
 Runway
0 months

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/15/2025 PicMii $10,200,000 $20,808 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Citadel North on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $10,200,000
Price per Share: $1.20

Follow company

Follow Citadel North on PicMii 2024

Buy Citadel North's Deal Report

Warning: according to the close date for this deal, Citadel North may no longer be accepting investments.

Citadel North Deal Report

Get Kingscrowd's comprehensive report on Citadel North including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Citadel North is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Citadel North deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge