Astranis was founded in 2015 by John Gedmark and Ryan McLinko. Astranis has not officially endorsed a plan to participate in an IPO.
Astranis is an internet satellite manufacturer and operator with a specialization in space telecommunications. Per Forge data, Astranis has raised a total of $553.5 million in funding over 8 rounds. Their latest funding was raised on Apr 14, 2023. Key investors include Blackrock, Andreessen Horowitz, Fifty Years, Refactor Capital, Venrock, and TriplePoint Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/24/2024 | Series D | $201.5MM | $xx.xx | $987.21MM | Andreessen Horowitz, Baillie Gifford, Bam Elevate, Blackrock, Fidelity, Garage Capital, Haystack, Metaplanet, Refactor, Uncorrelated Ventures | |
Price per Share
$xx.xx
Shares Outstanding
21,568,333
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Bam Elevate, Blackrock, Fidelity, Garage Capital, Haystack, Metaplanet, Refactor, Uncorrelated Ventures
|
||||||
04/17/2023 | Series C Prime-1 | $999,998.10 | $xx.xx | $1.66B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
57,023
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|
||||||
04/17/2023 | Series C Prime-2 | $10MM | $xx.xx | $1.66B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
506,872
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|
||||||
04/17/2023 | Series C Prime | $90MM | $xx.xx | $1.66B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
4,105,655
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|
||||||
04/14/2021 | Series C-1 | $2.6MM | $xx.xx | $1.4B | Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock | |
Price per Share
$xx.xx
Shares Outstanding
821,463
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock
|
||||||
04/14/2021 | Series C-2 | $17.47MM | $xx.xx | $1.4B | Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock | |
Price per Share
$xx.xx
Shares Outstanding
5,329,080
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock
|
||||||
04/14/2021 | Series C-3 | $10.75MM | $xx.xx | $1.4B | Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock | |
Price per Share
$xx.xx
Shares Outstanding
1,020,103
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock
|
||||||
04/14/2021 | Series C-4 | $499,995.46 | $xx.xx | $1.4B | Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock | |
Price per Share
$xx.xx
Shares Outstanding
47,399
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock
|
||||||
04/14/2021 | Series C | $250MM | $xx.xx | $1.4B | Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock | |
Price per Share
$xx.xx
Shares Outstanding
11,404,617
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Blackrock, Fidelity, Koch Strategic Platforms, Venrock
|
||||||
02/13/2020 | Series B-1 | $6.27MM | $xx.xx | $121.77MM | Andreessen Horowitz, Venrock, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
2,328,202
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Venrock, Y Combinator
|
||||||
02/13/2020 | Series B | $36.66MM | $xx.xx | $112.4MM | Andreessen Horowitz, Venrock, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
12,243,191
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Venrock, Y Combinator
|
||||||
03/01/2018 | Series A | $17.84MM | $xx.xx | $36.51MM | 50 Years, Andreessen Horowitz, Refactor, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
9,602,726
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
50 Years, Andreessen Horowitz, Refactor, Y Combinator
|
||||||
04/22/2016 | Series SAFE-1 | $99,999.87 | $xx.xx | $762,119.47 | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
125,307
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
04/22/2016 | Series SAFE-2 | $99,999.31 | $xx.xx | $762,119.47 | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
97,411
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|