Companies · Space / Aerospace

Spaceflight Industries, Inc.

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

Diligence memoA one-page analyst read on Spaceflight Industries, Inc. — recommendation, valuation, rhythm, risks.
$183.2M
Total raised · real
4
Rounds
1.7×
Latest step-up
Top 5%
Sector rank · raised
Series D+
Latest stage · inferred · Thu Oct 31 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Spaceflight Industries, Inc. has raised $183M over 4 rounds; too few niche peers to rank its valuation yet.

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.

Dormant
  • Last raise 6.7 yr ago; this sector typically re-raises about every 12 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 Space / Aerospace

Spaceflight Industries, Inc. is one of 133 Space / Aerospace companies tracked from HERNDON. By capital raised it ranks among the largest (ahead of 96% 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
33
Investors (latest)
2014
Year incorporated
2019-10-31
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$1.3B$2.5B$3.8B$5.0BSeries B · 2015-02-24 Raised $19M (real) Modeled valuation $482M (est)Series B2015Series B · 2015-02-24 Raised $20M (real) Modeled valuation $507M (est)Series B2015Series C · 2017-10-19 Raised $41M (real) Modeled valuation $1.0B (est)Series C2017Series D+ · 2017-10-19 Raised $101M (real) Modeled valuation $2.6B (est)Series D+2017Series B · 2018-10-30 Raised $22M (real) Modeled valuation $550M (est)Series B2018Series D+ · 2018-10-30 Raised $23M (real) Modeled valuation $592M (est)Series D+2018Series D+ · 2019-10-31 Raised $39M (real) Modeled valuation $1.0B (est)Series D+2019+$20M+$41M+$101M+$22M+$23M+$39MCumulative $265M

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$19.2M · 2015
Series B extension$20.2M · 2015
Series C$40.7M · 2017
Series D+$100.7M · 2017
Bridge · Series D+-stage$22.0M · 2018smaller follow-on
Series D+ extension$22.8M · 2018
Series D+ extension$39.5M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — 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
$1.0B
Base estimate est.
$190.1M
Conservative case
$2.2B
Upside case
$329.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the space/aerospace sector profile. Directional, not a quoted figure.

Series B · modeled $481.6M · 2015-02-242015Series B · modeled $506.6M · 2015-02-24Series C · modeled $1.0B · 2017-10-19Series D+ · modeled $2.6B · 2017-10-19Series B · modeled $550.4M · 2018-10-30Series D+ · modeled $591.7M · 2018-10-30Series D+ · modeled $1.0B · 2019-10-312019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
72%
Survival probability
58% low · 80% high
1.28×/yr
Annual markup
1.43×/yr upside case
6.0 yr
Elapsed time used
6.7 yr actual, capped for stale marks
space/aerospace
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$39.1M/yr
Capital velocity
11.4 yr
On record since
2015
First round
7
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) 39× above median
This company$183.2M
Sector median$4.7M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.3× of median
This company$39.5M
Sector median$117.1M
Modeled value — vs sector median (estimate, all stages) 27× above median
This company$1.0B
Sector median$38.2M

Raised more than 96% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Loft Orbital Solutions Inc.Series D+$114.8M$2.1B1.35×
Spaceflight Industries, Inc. this companySeries D+$183.2M$1.0B0.65×
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$19.2M2015-02-24$106.9M$481.6M85%
Series B$20.2M2015-02-24$112.5M$506.6M85%
Series C$40.7M2017-10-19$271.0M$1.0B90%
Series D+$100.7M2017-10-19$838.8M$2.6B90%
Series B$22.0M2018-10-30$122.2M$550.4M90%
Series D+$22.8M2018-10-30$189.8M$591.7M90%
Series D+$39.5M2019-10-31$329.0M$1.0B90%
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$19.2M2015-02-24
    • First recorded raise — entered as Series B.
    • 5 investors on this round.
  2. Series B$20.2M2015-02-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  3. Series C$40.7M2017-10-19
    • Raised again after 32 mo — slower than the ~12 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 17 investors on this round.
  4. Series D+$100.7M2017-10-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.5× larger than the prior — scaling up.
    • 18 investors on this round.
  5. Series B$22.0M2018-10-30
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  6. Series D+$22.8M2018-10-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  7. Series D+$39.5M2019-10-31
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 33 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~9mo cadence
$68.4M
Modeled next size est.range $44.5M$109.5M
1.7×
Last step-up
$39.1M/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
David Jones18 other2018-10
Ajay Royan12 other2017-10
RICHARD FADE8 other2015-02
Mark Spoto7 other2019-10
Alan Kessler5 other2019-10
William Porteous5 other2015-02
Shawn Dougherty3 other2019-10
Brian Daum2 other2019-10
Brian O'Toole1 other2018-10
Eric Kronman1 other2019-10
Jason Andrews1 other2015-02
Marian Joh1 other2015-02
Tom Neary1 other2015-02
Chuck Beames2015-02
Curt Blake2015-02
Gabriel Kompkoff2015-02
Indra Hornsby2015-02
Matt O'Connell2017-10
Peter Hisken2018-10
Rakesh Narasimhan2017-10
Registry & provenance

Spaceflight Industries, 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
1635594
SEC CIK
2014
Incorporated
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
West Star Aviation Investments, LLCSpace / AerospaceSeries D+$224.1M$3.9Bsame sector · same stage
IA Aviation Pipelines Holding (UA-AIE) LPSpace / AerospaceSeries D+$145.6M$3.8Bsame sector · same stage
You&MrJones LLCOtherSeries D+$198.3M$3.4Bnetwork1 shared operator · same stage
Loft Orbital Solutions Inc.Space / AerospaceSeries D+$114.8M$2.1Bsame sector · same stage
Grey Orange International Inc.Other TechnologySeries D+$151.7M$1.4Bnetwork1 shared operator · same stage
NuVia, Inc.Other TechnologySeries D+$233.7M$7.0Bnetwork1 shared operator · same stage
Spire Global, Inc.Other TechnologySeries D+$285.0M$385.7Mnetwork1 shared operator · same stage
Firefly Aerospace Inc.Space / AerospaceSeries D+$492.0M$1.6Bsame 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
SpaceCraft, Inc.Space / AerospaceSeed$32.7M90%
Ulterius Aviation, LLCSpace / AerospaceSeed$70.0M88%
Ocean Aero, Inc.Space / AerospaceSeed$40.0M87%
Satellite Innovations, Inc.Space / AerospaceSeed$51.7M86%
Orbital Shift, Inc.Space / AerospacePre-Seed$17.8M85%
FlightLink Aviation Club, Inc.Space / AerospacePre-Seed$27.8M85%
MagLev Aero Inc.Space / AerospaceSeries A$8.6M85%
Space Technology Holdings LLCSoftware / TechPre-Seed$1.3M85%
Frequently asked
How much funding has Spaceflight Industries, Inc. raised?
Spaceflight Industries, Inc. has raised approximately $183.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Spaceflight Industries, Inc.'s estimated valuation?
Provath's modeled valuation for Spaceflight Industries, Inc. is approximately $1.0B (modeled range $190.1M–$2.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Spaceflight Industries, Inc. at?
Spaceflight Industries, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Thu Oct 31.
What does Spaceflight Industries, Inc. do and where is it based?
Spaceflight Industries, Inc. operates in the Space / Aerospace sector, based in HERNDON.
Explore related

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