When was Icarus founded?

Icarus was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Icarus located?

Icarus is headquartered in San Diego, United States. It is registered at 7710 Kenamar Ct, San Diego, CA.

How many employees does Icarus have?

As of Aug 31, 2026, the latest employee count at Icarus is 12.

Is Icarus a funded company?

Icarus is a funded company, having raised a total of $170K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 30, 2017.

When was the latest funding round of Icarus?

Icarus' latest funding was a $***** Seed round on Nov 17, 2021, with participation from 1 investor. Its primary sector is Solar Energy. In United States, the Solar Energy sector has seen $3.9B in funding in 2026 to date.

Where does Icarus rank among its competitors?

Icarus ranks 8th amongst 81 active competitors, of which 8 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Sperra, which secured $1.33M in Dec, 2025.

Who are the top competitors of Icarus?

Icarus' top competitors include EchoFirst, SunOyster and Solarus. Among them, Sperra secured the most recent funding round in December, 2025.

Icarus - 2026 Company Profile, Team, Funding & Competitors

Company Details

IcarusRT has developed a heat absorption and energy production solution for solar PV modules. The offered product collects rejected heat from the PV panels and converts into additional power. The heat is also stored to generate power during peak demand and shady weather conditions.

Website: icarusrt.com
Social
Phone Number: +1 **********
Registered Address: 7710 Kenamar Ct, San Diego, CA

Key Metrics

Founded Year

2016

Location

San Diego, United States

Stage

Seed

Total Funding

$170K in 2 rounds

Latest Funding Round

Seed, Nov 17, 2021, $*****

Investors

Halliburton Labs & 3 more

Ranked

8^th among 81 active competitors

Employee Count

12 as on Aug 31, 2026

Similar Companies

EchoFirst & 90 more

View Icarus' full profile

Icarus is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Icarus RT, Inc. CIN: 0001710812 , United States, Active		-	10 (As on Nov 10, 2021)	-

Icarus has raised a total funding of $170K over 2 rounds. Its first funding round was on Jun 30, 2017. Its latest funding round was a Seed round on Nov 17, 2021 for $*****. 1 investor participated in its latest round. Icarus has 4 institutional investors.

Here is the list of recent funding rounds of Icarus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 17, 2021	4438418	Seed	4314476	1782609	4486994	6604656
Jun 30, 2017	2519163	Seed	7365696	2855839	7107232	2448641

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View details of Icarus's funding rounds and investors

The founders of Icarus is Mark Anderson.

Here are the details of Icarus' key team members:

Mark Anderson: Founder & CEO of Icarus.
Contact Info: 1 email address

View details of Icarus's Founder profiles and Board Members

Icarus' employee count trend

Icarus has 12 employees as of Aug 26. Here is Icarus's employee count trend over the years:

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Top competitors of Icarus include EchoFirst, SunOyster and Solarus. Here is the list of Top 10 competitors of Icarus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	EchoFirst 2005, Fremont (United States), Acquired	Combines PV solar with Solar Thermal	$13.8M	Khosla Ventures, Sigma Partners & 1 others	39/100
2nd	SunOyster 2011, Halstenbek (Germany), Funding Raised	Dual axis tracking PV-T solution provider	-	EIC Fund, Europa	38/100
3rd	Solarus 2006, Venlo (Netherlands), Series B	Makes C-PVT collectors	$31.5M	Sting, Catena Investments & 8 others	36/100
4th	REhnu 2009, Tucson (United States), Series A	TPV technology developer with option to harvest both power and thermal heat	$3.17M	Desert Angels, DOE & 1 others	36/100
5th	Entech Solar 1984, Fort Worth (United States), Public	Solar energy solutions for homes and businesses, specializing in daylighting	$19.4M	Quercus	36/100
6th	Abora 2017, La Muela (Spain), Funding Raised	Manufacturer of hybrid solar panels	-	EIC Fund, InnoEnergy & 2 others	35/100
7th	Sperra 2017, Irvine (United States), Funding Raised	It designs and manufactures 3D concrete printed ocean energy infrastructure	-	The Crown Estate	34/100
8th	Icarus 2016, San Diego (United States), Seed	Thermal heat absorption and energy production solution for solar PV modules	$170K	Elevation Ventures, GCxN & 2 others	32/100
9th	Capsun 2017, Seville (Spain), Funding Raised	Developer of PV-Thermal systems and technology consultant for renewable energy plants	-	EIC Fund, Europa	29/100
10th	SunDrum Solar 2008, Hudson (United States), Unfunded	Solar thermal technology company improving efficiency and reducing greenhouse gas emissions	-	-	28/100