Companies · Manufacturing / Industrial

Varda Space Industries, Inc.

TORRANCE · Manufacturing / Industrial · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Varda Space Industries, Inc. — recommendation, valuation, rhythm, risks.
$54.0M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Thu Oct 14 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Varda Space Industries, Inc. has raised $54M over 3 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 manufacturing 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 4.7 yr ago; this sector typically re-raises about every 13 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 Manufacturing / Industrial

Varda Space Industries, Inc. is one of 629 Manufacturing / Industrial companies tracked from TORRANCE. 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
25
Investors (latest)
2020
Year incorporated
2021-10-14
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 A · 2020-12-23 Raised $9.0M (real) Modeled valuation $81M (est)$9.0M$81MSeries A2020Series C · 2021-09-03 Raised $42M (real) Modeled valuation $412M (est)$42M$412MSeries C2021Series C · 2021-10-14 Raised $2.8M (real) Modeled valuation $27M (est)$2.8M$27MSeries C2021+$42M+$2.8MCumulative $54M

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 A$9.0M · 2020
Series C$42.2M · 2021no Series B on file
Series C extension$2.8M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$26.6M
Base estimate est.
$10.9M
Conservative case
$58.8M
Upside case
$18.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Series A · modeled $80.6M · 2020-12-232020Series C · modeled $412.2M · 2021-09-03Series C · modeled $26.6M · 2021-10-142021
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
59% low · 92% high
1.14×/yr
Annual markup
1.30×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$66.9M/yr
Capital velocity
5.5 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 629 companies in Manufacturing / Industrial. 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) 14× above median
This company$54.0M
Sector median$4.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$2.8M
Sector median$53.7M
Modeled value — vs sector median (estimate, all stages) 1.9× above median
This company$26.6M
Sector median$14.1M

Raised more than 96% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Industrious National Management Co LLC · Series C Raised $169.5M · modeled $903.7M (est)Bolder Industries, Inc. · Series C Raised $81.2M · modeled $784.0M (est)Varda Space Industries, Inc. (this company) Raised $54.0M · modeled $26.6M (est)Varda Space Industries, Inc.
CompanyStageRaised · realValue · estvs peer med.
Industrious National Management Co LLCSeries C$169.5M$903.7M1.15×
Bolder Industries, Inc.Series C$81.2M$784.0M1.00×
Varda Space Industries, Inc. this companySeries C$54.0M$26.6M0.03×
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 A$9.0M2020-12-23$40.9M$80.6M90%
Series C$42.2M2021-09-03$281.7M$412.2M90%
Series C$2.8M2021-10-14$18.5M$26.6M90%
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 A$9.0M2020-12-23
    • First recorded raise — entered as Series A.
    • 28 investors on this round.
  2. Series C$42.2M2021-09-03
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 4.7× larger than the prior — scaling up.
    • 41 investors on this round.
  3. Series C$2.8M2021-10-14
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 15.3× smaller than the prior — bridge or down round.
    • 25 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~5mo cadence
$2.8M
Modeled next size est.range $2.8M$4.4M
0.1×
Last step-up
$66.9M/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
Samir Kaul31 other2021-10
Josh Wolfe7 other2020-12
Shahin Farshchi3 other2021-10
Delian Asparouhov2 other2020-12
Daniel Marshall1 other2020-12
Trae Stephens1 other2020-12
Delian Asparaouhov2021-10
Michael Annunziata2021-09
William Bruey2020-12
Registry & provenance

Varda Space 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
1839597
SEC CIK
2020
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
Charter Industries Holdings LLCManufacturing / IndustrialSeries C$64.5M$12.6Msame sector · same stage
Boosted, Inc.Other TechnologySeries C$75.8M$2.4Bnetwork1 shared operator · same stage
Toughbuilt Industries, IncManufacturing / IndustrialSeries B$55.9M$5.7Msame sector
Holistic Industries Inc.Manufacturing / IndustrialSeries B$56.9M$37.1Msame sector
State Space Labs, Inc.Software / TechSeries C$102.4M$120.3Mnetwork1 shared operator · same stage
Moonvalley AI Inc.AI / MLSeries C$116.3M$427.8Mnetwork1 shared operator · same stage
Scipher Medicine CorpBiotechnologySeries C$123.0M$55.5Mnetwork1 shared operator · same stage
Fresh Factory B.C. Ltd.Manufacturing / IndustrialSeries B$46.0M$12.5Msame sector
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
Deep Space Industries, Inc.Manufacturing / IndustrialSeed$39.2M85%
Agile Space Industries Inc.Manufacturing / IndustrialSeries B$91.2M84%
Spaceflight Industries, Inc.Space / AerospaceSeries D+$1.0B83%
CyDat Industries, LLCManufacturing / IndustrialSeries B$383.8M81%
Technova Industries Inc.Manufacturing / IndustrialPre-Seed$545K81%
Varius Solutions, Inc.Other TechnologySeries A$138.7M81%
Factory Universe CoManufacturing / IndustrialPre-Seed$2.0M80%
Kayhan Space Corp.Other TechnologySeries A$51.4M80%
Frequently asked
How much funding has Varda Space Industries, Inc. raised?
Varda Space Industries, Inc. has raised approximately $54.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Varda Space Industries, Inc.'s estimated valuation?
Provath's modeled valuation for Varda Space Industries, Inc. is approximately $26.6M (modeled range $10.9M–$58.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Varda Space Industries, Inc. at?
Varda Space Industries, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Oct 14.
What does Varda Space Industries, Inc. do and where is it based?
Varda Space Industries, Inc. operates in the Manufacturing / Industrial sector, based in TORRANCE.
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