Northstar Technologies Group
Early Stage
Northstar Technologies Group is reinventing the construction industry through our 100% Advanced Fiber Reinforced Polymer (FRP) composite building systems and methods that reduce construction costs, total cost of ownership, and construction time.
Overview
Raised: $728,994
Total Commitments ($USD)
Platform
Netcapital
Start Date
10/16/2020
Close Date
06/10/2022
Min. Goal
$10,000
Max. Goal
$1,069,800
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.50
Pre-Money Valuation
$30,000,000
Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Northstar Technologies Group, with a post-money valuation of $31.06 million, is raising funds on NetCapital. The company has developed 100% Fiber Reinforced Polymer (FRP) composite building systems and methods. The FRP systems are meant to reinvent the construction industry and will provide benefits in the aerospace and defense, industrial, healthcare, energy, agriculture, and residential industries. Paul Inglese, Dwaine Parker, and Scott Foster founded Northstar Technologies Group in May 2020. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,069,800, and the proceeds will be used for engineering and development, marketing, business development, patent filings, and general and administrative expenses. Northstar Technologies Group is in negotiations on a $2.2 billion construction project.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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 |
Financials as of: 10/16/2020
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Northstar Technologies Group | 06/10/2022 | Netcapital | $30,000,000 | $728,994 | Equity - Common | Funded | RegCF |
No prior online funding rounds.
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