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Darcy Solutions, Inc.

Geothermal heating and cooling systems for commercial buildings.

Updated Nov 11, 2026·Latest SEC filing Aug 11, 2026·Suggest an edit

About Darcy Solutions

Darcy Solutions is a private company based in Saint Paul, Minnesota. It has reported $15,524,925 raised in two offerings on Form D since January 2020. Its chief executive is Andrew Steiner.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Jul 31, 2026Aug 11, 2026$14,999,925of $20.3M target16$937KEquity, Options, Securities on exerciseRule 506(b)Form D ↗
Dec 12, 2019Jan 31, 2020$525,000of $600K target7$75,000EquityRule 506(b)Form D ↗
Total, two offerings$15,524,925

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on Darcy Solutions's Form D filed Aug 11, 2026.

AG
Andy Gustafson
Executive officer
JR
James Rubin
Director
Frederick Steiner
Frederick Steiner
Chief Strategy Officer and director
Kathy Jennings
Kathy Jennings
Chief Financial and Administrative Officer
Spencer Ingaldson
Spencer Ingaldson
Chief Development Officer
Dan King
Dan King
Chief Geoscience and Policy Officer
Jimmy Randolph
Jimmy Randolph
Co-founder and Chief Technology Officer
Andrew Steiner
Andrew Steiner
Chief Executive Officer and director

Earlier filings also listed Larson Brian (executive officer and director, last listed Jan 2020).

Sources

  1. SECDarcy Solutions, Inc. filing history
  2. CompanyDarcy Solutions leadership