RADAR USA

RADAR USA

Closed: Sep. 2023

About this raise

RADAR USA is raising funds through Reg A+ crowdfunding with Entoro Securities as the Broker-Dealer. The company has developed an AI-powered community security provider. The integrated security platform of RADAR USA includes smart cameras, an easy-to-use app, geolocation, and direct interaction with police. RADAR connects citizens, police, and public institutions in a virtual community powered by AI and connected by Wi-Fi. Jeffrey S. Muller founded RADAR USA in 2020. The current crowdfunding campaign has a maximum target of $20,000,000. The campaign proceeds will be used for sales and marketing, research and development, licensing, and general and administrative expenses.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Entoro Securities
Start Date
07/07/2022
Close Date
09/29/2023
Min. Goal
$1,000
Max Goal
$20,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2020
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
San Diego, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Jeffery Muller
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$6,503
 Runway
24+ months

Balance Sheet

Cash and Cash Equivalents

$1,801,738

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,801,738

Accounts Payable & Accrued Liabilities

$29,425

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$29,425

Total Stockholders' Equity

$1,772,313

Total Liabilities and Equity

$1,801,738

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-78,037

Earnings Per Share - Basic

$-2.69

Earnings Per Share - Diluted

$-2.69

Auditor: DALE MATHESON CARR-HILTON LABONTE LLP
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/29/2023 Entoro Securities $20,000,000 - Equity - Common Funded RegA+
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Add to portfolio
RADAR USA on Entoro Securities 2022
Platform: Entoro Securities
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $1.00

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Follow RADAR USA on Entoro Securities 2022

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

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