Icarus RT Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 15

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 14

Icarus RT General Information

Description

Developer of hybrid solar-thermal photovoltaic systems designed to boost the efficiency of solar panels and cogenerate hot water. The company's systems are PV thermal systems that cool the solar panel down, increase its performance, absorb the heat from the panel, collect and store the heat to make hot water on demand, and convert it into additional power output, enabling clients to lower natural gas consumption and achieve a substantially improved return on investment.

Contact Information

Website
www.icarusrt.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1892 Palisades Drive
  • Carlsbad, CA 92008
  • United States
+1 (760)
Primary Industry
Alternative Energy Equipment
Other Industries
Other Energy Services
Vertical(s)
CleanTech, LOHAS & Wellness
Corporate Office
  • 1892 Palisades Drive
  • Carlsbad, CA 92008
  • United States
+1 (760)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Icarus RT Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
19. Later Stage VC 01-May-2026 Completed Generating Revenue
18. Accelerator/Incubator 01-Jan-2026 Completed Generating Revenue
17. Accelerator/Incubator 17-Jan-2024 Completed Generating Revenue
16. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
15. Accelerator/Incubator 09-Jun-2022 Completed Generating Revenue
14. Equity Crowdfunding 01-Jan-2022 Completed Product In Beta Test
13. Accelerator/Incubator 17-Nov-2021 Completed Product In Beta Test
12. Angel (individual) 01-Aug-2021 Completed Product In Beta Test
11. Accelerator/Incubator 10-Feb-2021 $450K $960K Completed Product In Beta Test
10. Angel (individual) 01-Jun-2020 $395K $510K Completed Product In Beta Test
To view Icarus RT’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Icarus RT Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of hybrid solar-thermal photovoltaic systems designed to boost the efficiency of solar panels and cogenerate h
Alternative Energy Equipment
Carlsbad, CA
15 As of 2026

Cape Coral, FL
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Icarus RT Competitors (1)

One of Icarus RT’s competitors is FAFCO Solar, a Corporation company based in Cape Coral, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FAFCO Solar Corporation Cape Coral, FL
You’re viewing 1 of 1 competitors. Get the full list »

Icarus RT Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Icarus RT Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12074557-B2 Hybrid photovoltaic-thermal and co-generation system Active 13-Jun-2022
US-20230402956-A1 Hybrid photovoltaic-thermal and co-generation system Active 13-Jun-2022
US-20240380354-A1 Hybrid photovoltaic-thermal and co-generation system Inactive 13-Jun-2022
WO-2024030193-A2 Hybrid photovoltaic-thermal and co-generation system Inactive 13-Jun-2022
WO-2024030193-A3 Hybrid photovoltaic-thermal and co-generation system Inactive 13-Jun-2022 F24S60/30
To view Icarus RT’s complete patent history, request access »

Icarus RT Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Icarus RT Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Superscout Venture Capital Minority
CONNECT (San Diego) Accelerator/Incubator
Uptake Alliance Accelerator/Incubator
Rice Alliance Clean Energy Accelerator Accelerator/Incubator
mHUB VC-Backed Company Minority
You’re viewing 5 of 14 investors. Get the full list »

Ready to get started?

Request a free trial

Icarus RT FAQs

  • When was Icarus RT founded?

    Icarus RT was founded in 2016.

  • Where is Icarus RT headquartered?

    Icarus RT is headquartered in Carlsbad, CA.

  • What is the size of Icarus RT?

    Icarus RT has 15 total employees.

  • What industry is Icarus RT in?

    Icarus RT’s primary industry is Alternative Energy Equipment.

  • Is Icarus RT a private or public company?

    Icarus RT is a Private company.

  • What is Icarus RT’s current revenue?

    The current revenue for Icarus RT is .

  • How much funding has Icarus RT raised over time?

    Icarus RT has raised $1.76M.

  • Who are Icarus RT’s investors?

    Superscout, CONNECT (San Diego), Uptake Alliance, Rice Alliance Clean Energy Accelerator, and mHUB are 5 of 14 investors who have invested in Icarus RT.

  • Who are Icarus RT’s competitors?

    FAFCO Solar is a competitor of Icarus RT.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process