Astranis

Private

Astranis builds small geostationary broadband satellites (MicroGEO) that are roughly 1/20th the size of traditional GEO spacecraft, drastically reducing manufacturing and launch costs. The company operates the satellites it builds and leases dedicated capacity to telecom and internet service providers, connecting underserved regions worldwide.

Founders John Gedmark, Ryan McLinko
CEO John Gedmark

Company

Founded
2015
Headquarters
San Francisco, United States

Financials

Total Funding
$758M
Sectors
Aerospace Hardware
www.astranis.com Twitter Blog

Funding History

8 rounds
Series D Jul 24, 2024
$200M
Andreessen Horowitz (Lead) BAM Elevate (Lead) BlackRock Fidelity Management & Research Baillie Gifford
Undisclosed Apr 14, 2023
$200M
Andreessen Horowitz (Lead)
Series C Apr 14, 2021
$250M
BlackRock (Lead) Baillie Gifford Fidelity Management & Research Koch Strategic Platforms Andreessen Horowitz Venrock Fifty Years Harpoon Ventures Indicator Fund Industry Ventures Refactor Capital AME Cloud Ventures Soma Capital
Debt Feb 13, 2020
$50M
Credit facility (debt, not equity). Not included in total funding.
TriplePoint Capital (Lender)
Series B Feb 13, 2020
$40M
Venrock (Lead) Andreessen Horowitz Fifty Years Refactor Capital Y Combinator
Series A Mar 1, 2018
$14M
Andreessen Horowitz (Lead) Y Combinator Fifty Years Refactor Capital Indicator Fund
Seed Jun 10, 2016
$4M
Fifty Years (Lead) Refactor Capital (Lead) Y Combinator SV Angel
Pre Seed Jan 1, 2016
Undisclosed
Y Combinator (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.