Companies · Other

Icon Aircraft Inc

Vacaville · Other

Diligence memoA one-page analyst read on Icon Aircraft Inc — recommendation, valuation, rhythm, risks.
$52.8M
Total raised · real
4
Rounds
1.4×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Mar 19 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Icon Aircraft Inc looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.11× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era.
  • Within the normal band (111% of peer median) for its niche.
Dormant
  • Last raise 7.3 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Icon Aircraft Inc is one of 25015 Other companies tracked from Vacaville. By capital raised it ranks among the largest (ahead of 93% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2019-03-19
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2009-06-09 Raised $1.9M (real) Modeled valuation $36M (est)$1.9M$36MSeed2009Series A · 2011-06-13 Raised $11M (real) Modeled valuation $165M (est)$11M$165MSeries A2011Series A · 2011-06-13 Raised $7.5M (real) Modeled valuation $114M (est)$7.5M$114MSeries A2011Series B · 2017-03-31 Raised $20M (real) Modeled valuation $332M (est)$20M$332MSeries B2017Series A · 2017-03-31 Raised $14M (real) Modeled valuation $212M (est)$14M$212MSeries A2017Series B · 2019-03-19 Raised $20M (real) Modeled valuation $332M (est)$20M$332MSeries B2019+$11M+$7.5M+$20M+$14M+$20MCumulative $74M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.9M · 2009
Series A$10.9M · 2011
Series A extension$7.5M · 2011
Series B$20.0M · 2017
Bridge · Series B-stage$14.0M · 2017smaller follow-on
Series B extension$20.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$332.3M
Base estimate est.
$50.0M
Conservative case
$1.3B
Upside case
$111.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $35.8M · 2009-06-092009Series A · modeled $165.3M · 2011-06-13Series A · modeled $114.2M · 2011-06-13Series B · modeled $332.3M · 2017-03-31Series A · modeled $211.9M · 2017-03-31Series B · modeled $332.3M · 2019-03-192019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$5.4M/yr
Capital velocity
17.1 yr
On record since
2009
First round
6
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 26× above median
This company$52.8M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× above median
This company$20.0M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 19× above median
This company$332.3M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 92% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #147 of 371.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)MStar Holding Corp · Series B Raised $67.6M · modeled $645.8M (est)Chlorum Solutions Llc · Series B Raised $39.7M · modeled $627.2M (est)IFS Management Holdco, LLC · Series B Raised $37.5M · modeled $623.8M (est)Benefit Recovery Group, LLC · Series B Raised $40.0M · modeled $618.4M (est)Shenandoah Growers, Inc. · Series B Raised $74.2M · modeled $613.4M (est)Zmco Llc · Series B Raised $40.0M · modeled $610.5M (est)PathStream, Inc. · Series B Raised $38.8M · modeled $602.3M (est)MXY Holdings, LLC · Series B Raised $49.9M · modeled $597.0M (est)Ryzac, Inc. · Series B Raised $42.5M · modeled $594.3M (est)Plouton Datacenter I, Inc. · Series B Raised $35.3M · modeled $586.5M (est)Es Ei Llc · Series B Raised $35.3M · modeled $585.7M (est)Factor Law, Inc. · Series B Raised $36.3M · modeled $570.3M (est)Icon Aircraft Inc (this company) Raised $52.8M · modeled $332.3M (est)Icon Aircraft Inc
CompanyStageRaised · realValue · estvs peer med.
MStar Holding CorpSeries B$67.6M$645.8M2.16×
Chlorum Solutions LlcSeries B$39.7M$627.2M2.10×
IFS Management Holdco, LLCSeries B$37.5M$623.8M2.09×
Benefit Recovery Group, LLCSeries B$40.0M$618.4M2.07×
Shenandoah Growers, Inc.Series B$74.2M$613.4M2.05×
Zmco LlcSeries B$40.0M$610.5M2.04×
PathStream, Inc.Series B$38.8M$602.3M2.01×
MXY Holdings, LLCSeries B$49.9M$597.0M2.00×
Ryzac, Inc.Series B$42.5M$594.3M1.99×
Plouton Datacenter I, Inc.Series B$35.3M$586.5M1.96×
Es Ei LlcSeries B$35.3M$585.7M1.96×
Factor Law, Inc.Series B$36.3M$570.3M1.91×
Icon Aircraft Inc this companySeries B$52.8M$332.3M1.11×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.9M2009-06-09$9.6M$35.8M85%
Series A$10.9M2011-06-13$49.7M$165.3M85%
Series A$7.5M2011-06-13$34.3M$114.2M85%
Series B$20.0M2017-03-31$111.1M$332.3M90%
Series A$14.0M2017-03-31$63.6M$211.9M90%
Series B$20.0M2019-03-19$111.1M$332.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.9M2009-06-09
    • First recorded raise — entered as Seed.
    • 16 investors on this round.
  2. Series A$10.9M2011-06-13
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 21 investors on this round.
  3. Series A$7.5M2011-06-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  4. Series B$20.0M2017-03-31
    • Raised again after 70 mo — slower than the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  5. Series A$14.0M2017-03-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series B$20.0M2019-03-19
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~23mo cadence
$28.6M
Modeled next size est.range $20.0M$45.7M
1.4×
Last step-up
$5.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
ALEX YU2 other2019-03
John Hurley2 other2017-03
David Crook1 other2009-06
Doug Tatum1 other2017-03
Jim Ellis1 other2009-06
Satyen Patel1 other2011-06
Aneel Pandey2009-06
Du Yang2019-03
Fan Xiaoying2019-03
Guangdong Cheng2019-03
John Dorton2009-06
Katherine DeHoff2019-03
Kirk Hawkins2009-06
Lijun Du2017-03
Linden Blue2017-03
Liu Dan2019-03
Masahiro Takizawa2017-03
Rich Bridge2017-03
Thomas Wieners2019-03
Vern Raburn2009-06
Xudong Zhu2017-03
Registry & provenance

Icon Aircraft Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1371079
SEC CIK
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Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Iconic Air, Inc.OtherSeries A$45.8M88%
Icon1 Sportz Management, Inc.OtherPre-Seed$1.6M83%
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Lift Aircraft Inc.OtherSeries A$84.8M82%
iConsumer Corp.Other TechnologyPre-Seed$5.7M82%
Icon Meals, LLCOtherSeries A$28.5M82%
iConnect Corp.Other TechnologySeed$83.1M81%
BBG Aerosystems Inc.OtherSeed$7.5M80%
Frequently asked
How much funding has Icon Aircraft Inc raised?
Icon Aircraft Inc has raised approximately $52.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Icon Aircraft Inc's estimated valuation?
Provath's modeled valuation for Icon Aircraft Inc is approximately $332.3M (modeled range $50.0M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Icon Aircraft Inc at?
Icon Aircraft Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Mar 19.
What does Icon Aircraft Inc do and where is it based?
Icon Aircraft Inc operates in the Other sector, based in Vacaville.
Explore related

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