Companies · Space / Aerospace

Slingshot Aerospace, Inc.

AUSTIN · Space / Aerospace · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Slingshot Aerospace, Inc. — recommendation, valuation, rhythm, risks.
$42.1M
Total raised · real
2
Rounds
1.1×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Fri Jun 09 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Slingshot Aerospace, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the space/aerospace sector profile.

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

Under-valued
  • Modeled value is 0.52× the median modeled value of Series B Space / Aerospace companies in 2022–2024 (7 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.1 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Space / Aerospace

Slingshot Aerospace, Inc. is one of 133 Space / Aerospace companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 92% of sector peers), and in the upper tier by modeled valuation est..

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

space/aerospace

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
9
Investors (latest)
2023-06-09
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$500MSeries B · 2022-07-29 Raised $34M (real) Modeled valuation $415M (est)$34M$415MSeries B2022Series A · 2023-06-09 Raised $7.6M (real) Modeled valuation $54M (est)$7.6M$54MSeries A2023Series B · 2023-06-09 Raised $8.4M (real) Modeled valuation $77M (est)$8.4M$77MSeries B2023+$7.6M+$8.4MCumulative $50M

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
Series B$33.7M · 2022
Bridge · Series B-stage$7.6M · 2023smaller follow-on
Series B extension$8.4M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$77.1M
Base estimate est.
$17.9M
Conservative case
$169.1M
Upside case
$46.8M
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 scaled by the space/aerospace sector profile. Directional, not a quoted figure.

Series B · modeled $414.7M · 2022-07-292022Series A · modeled $54.2M · 2023-06-09Series B · modeled $77.1M · 2023-06-092023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
58%
Survival probability
38% low · 71% high
1.41×/yr
Annual markup
1.71×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
space/aerospace
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$48.8M/yr
Capital velocity
3.9 yr
On record since
2022
First round
3
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Space / Aerospace. 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) 8.9× above median
This company$42.1M
Sector median$4.7M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$8.4M
Sector median$17.9M
Modeled value — vs sector median (estimate, all stages) 2.0× above median
This company$77.1M
Sector median$38.2M

Raised more than 92% of sector peers (real $). Modeled value above 84% 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 #5 of 7.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Aero Aggregates of North America LLC · Series B Raised $35.0M · modeled $354.0M (est)West Star Aviation Holdings, LLC · Series B Raised $17.9M · modeled $253.9M (est)Beyond Aero Inc. · Series B Raised $23.9M · modeled $163.8M (est)Venus Aerospace Corp. · Series B Raised $48.3M · modeled $148.4M (est)TERRAN ORBITAL Corp · Series B Raised $45.5M · modeled $12.0M (est)Tamarack Aerospace Group, Inc. · Series B Raised $29.3M · modeled $6.5M (est)Slingshot Aerospace, Inc. (this company) Raised $42.1M · modeled $77.1M (est)Slingshot Aerospace, Inc.
CompanyStageRaised · realValue · estvs peer med.
Aero Aggregates of North America LLCSeries B$35.0M$354.0M2.39×
West Star Aviation Holdings, LLCSeries B$17.9M$253.9M1.71×
Beyond Aero Inc.Series B$23.9M$163.8M1.10×
Venus Aerospace Corp.Series B$48.3M$148.4M1.00×
Slingshot Aerospace, Inc. this companySeries B$42.1M$77.1M0.52×
TERRAN ORBITAL CorpSeries B$45.5M$12.0M0.08×
Tamarack Aerospace Group, Inc.Series B$29.3M$6.5M0.04×
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.
Series B$33.7M2022-07-29$187.2M$414.7M90%
Series A$7.6M2023-06-09$34.5M$54.2M90%
Series B$8.4M2023-06-09$46.8M$77.1M90%
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. Series B$33.7M2022-07-29
    • First recorded raise — entered as Series B.
    • 14 investors on this round.
  2. Series A$7.6M2023-06-09
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 4.4× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Series B$8.4M2023-06-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~5mo cadence
$9.3M
Modeled next size est.range $8.4M$14.9M
1.1×
Last step-up
$48.8M/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
Christopher Shonk7 other2022-07
David Godwin2 other2022-07
Najib Khouri-Haddad2 other2022-07
Erin Defosse2022-07
Melanie Stricklan2022-07
Pieter Kreuk2023-06
Rory McMahon2023-06
Thomas Ashman2022-07
Tom Inman2022-07
Registry & provenance

Slingshot Aerospace, 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
1893211
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
TERRAN ORBITAL CorpSpace / AerospaceSeries B$45.5M$12.0Msame sector · same stage
Venus Aerospace Corp.Space / AerospaceSeries B$48.3M$148.4Msame sector · same stage
Aero Aggregates of North America LLCSpace / AerospaceSeries B$35.0M$354.0Msame sector · same stage
Tamarack Aerospace Group, Inc.Space / AerospaceSeries B$29.3M$6.5Msame sector · same stage
Reflect Orbital Inc.Space / AerospaceSeries B$28.7M$137.7Msame sector · same stage
Beyond Aero Inc.Space / AerospaceSeries B$23.9M$163.8Msame sector · same stage
SV-Aero Holdings, LLCSpace / AerospaceSeries B$21.6M$391.3Msame sector · same stage
West Star Aviation Holdings, LLCSpace / AerospaceSeries B$17.9M$253.9Msame sector · same stage
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
Gaingels Slingshot Aerospace LLCSpace / AerospacePre-Seed$331K86%
Pierce Aerospace IncSpace / AerospaceSeed$19.6M85%
Spaceflight Industries, Inc.Space / AerospaceSeries D+$1.0B83%
Tamarack Aerospace Group, Inc.Space / AerospaceSeries B$6.5M83%
SpaceCraft, Inc.Space / AerospaceSeed$32.7M83%
Orb Aerospace, Inc.Space / AerospaceSeries A$13.8M82%
Satellite Innovations, Inc.Space / AerospaceSeed$51.7M81%
Slingshot USA LLCOtherPre-Seed$4.2M81%
Frequently asked
How much funding has Slingshot Aerospace, Inc. raised?
Slingshot Aerospace, Inc. has raised approximately $42.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Slingshot Aerospace, Inc.'s estimated valuation?
Provath's modeled valuation for Slingshot Aerospace, Inc. is approximately $77.1M (modeled range $17.9M–$169.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Slingshot Aerospace, Inc. at?
Slingshot Aerospace, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Jun 09.
What does Slingshot Aerospace, Inc. do and where is it based?
Slingshot Aerospace, Inc. operates in the Space / Aerospace sector, based in AUSTIN.
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