Funding round
Relativity Space Seed
Relativity Space, which works in aerospace manufacturing and software development in Long Beach, raised $620K in a Seed round announced on 21 Mar 2016. 1 firm took part. It is Relativity Space's first venture round on record.
$620K
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Relativity Space did not disclose a valuation in this round. It is Relativity Space's first venture round on record, in the year it was founded (2016). It is under 1% of the $2.38B Relativity Space has raised in the venture rounds on record. Relativity Space raised again 24 months later: a Series B round of $35M in Mar 2018. Its next priced round, a Series D in Nov 2020, valued it at $2.30B.
Relativity Space's funding rounds
Relativity Space has 6 venture rounds on record. This one is highlighted.
- Seed this round 21 Mar 2016 $620K
- Series B 27 Mar 2018, led by Playground $35M
- Series C 1 Oct 2019, led by BOND and Tribe Capital $140M
- Series D 23 Nov 2020, led by Tiger Global $500M$2.30B post-money
- Series E 8 Jun 2021, led by Fidelity Management & Research Company LLC and Fidelity Investments $650M$4.20B post-money
- Series F 1 Nov 2023 $1.05B
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Lux Capital backs 194 venture-backed companies new investor
Comparable rounds
How it compares
5 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $426K, and this round was 1.5 times the median. The closest in time, other companies' Seed rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 1 Jan 2016 | $1.5M | not disclosed | not named |
| Astranis Aerospace and Defence | 1 Jan 2016 | $120K | not disclosed | not named |
| Aerospace and Defence | 1 Sep 2016 | $660K | not disclosed | not named |
| Aerospace and Defence | 2 Sep 2015 | $250K | not disclosed | not named |
| Aerospace and Defence | 2 Nov 2016 | $426K | not disclosed | BTO |
Questions
Frequently asked
How much did Relativity Space raise in its Seed round?
Relativity Space raised $620K in its Seed round, announced in Mar 2016.
Which investors took part in Relativity Space's Seed round?
Lux Capital.
What was Relativity Space's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Aerospace and Defence?
5 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $426K, and this round was 1.5 times the median.
Did Relativity Space raise again after this round?
Yes: a Series B round in Mar 2018 of $35M.