Stoke Space valuation, funding and investors
Stoke Space works in reusable rocket design and manufacturing, based in Kent, United States. Founded in 2020, it has about 441 employees.
- Last round
- Series E · $1.00B · Sep 2026
- Valuation at last round
- $10.00B
- Headcount
- 441 · growing
- Grade
- A
- Founded
- 2020
Stoke Space valuation today
VCMC values Stoke Space at $10.3B today, with a range of $8.7B to $15.0B and a grade of A. The valuation starts from its last funding round, a Series E round in Sep 2026.
Valuation by date (88 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $16.3M | $5.94M – $44.8M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $16.5M | $5.99M – $45.2M | $18.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $16.6M | $6.05M – $45.6M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $16.8M | $6.10M – $46.0M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $16.9M | $6.16M – $46.4M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $17.1M | $6.21M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $17.2M | $6.27M – $47.3M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $17.4M | $6.33M – $47.7M | $19.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $17.5M | $6.38M – $48.2M | $19.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $17.7M | $6.44M – $48.6M | $19.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $17.9M | $6.50M – $49.0M | $19.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $18.0M | $6.56M – $49.5M | $20.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $18.2M | $6.62M – $49.9M | $20.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $18.3M | $6.68M – $50.4M | $20.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $18.5M | $6.73M – $50.8M | $20.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $18.7M | $6.79M – $51.3M | $20.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $18.8M | $6.85M – $51.7M | $20.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $19.0M | $6.92M – $52.2M | $21.0M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $19.2M | $6.98M – $52.7M | $21.1M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $19.3M | $7.04M – $53.1M | $21.3M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $19.5M | $7.11M – $53.6M | $21.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $19.7M | $7.17M – $54.1M | $21.6M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $19.9M | $7.24M – $54.6M | $21.8M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $20.1M | $7.30M – $55.1M | $21.9M (+9%) | before first round | – | unknown | D | 0% |
| 16 Dec 2021 | $362M | $237M – $989M | $650M (+80%) | after a round | – | unknown | C | 0% |
| 1 Jan 2022 | $371M | $237M – $989M | $650M (+75%) | after a round | – | unknown | C | 0% |
| 1 Feb 2022 | $390M | $237M – $989M | $650M (+67%) | after a round | – | unknown | C | 0% |
| 1 Mar 2022 | $408M | $237M – $989M | $650M (+59%) | after a round | 34 | unknown | C | 0% |
| 1 Apr 2022 | $429M | $237M – $989M | $650M (+52%) | after a round | 34 | unknown | C | 0% |
| 1 May 2022 | $450M | $237M – $989M | $650M (+44%) | after a round | 34 | unknown | C | 0% |
| 1 Jun 2022 | $473M | $237M – $989M | $650M (+37%) | after a round | 34 | unknown | C | 0% |
| 1 Jul 2022 | $497M | $237M – $989M | $650M (+31%) | after a round | 34 | unknown | C | 0% |
| 1 Aug 2022 | $522M | $237M – $989M | $650M (+25%) | after a round | 34 | unknown | C | 0% |
| 1 Sep 2022 | $549M | $237M – $989M | $650M (+18%) | after a round | 34 | unknown | C | 0% |
| 1 Oct 2022 | $576M | $237M – $989M | $650M (+13%) | after a round | 34 | unknown | C | 0% |
| 1 Nov 2022 | $605M | $237M – $989M | $650M (+7%) | after a round | 34 | unknown | C | 0% |
| 1 Dec 2022 | $635M | $237M – $989M | $650M (+2%) | after a round | 34 | unknown | C | 0% |
| 1 Jan 2023 | $789M | $290M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Feb 2023 | $789M | $294M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Mar 2023 | $789M | $298M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Apr 2023 | $789M | $303M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 May 2023 | $789M | $307M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Jun 2023 | $789M | $311M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Jul 2023 | $789M | $316M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Aug 2023 | $789M | $320M – $1.2B | $789M (0%) | after a round | 82 | growing | C | 0% |
| 1 Sep 2023 | $789M | $188M – $1.2B | $789M (0%) | after a round | 82 | unknown | C | 0% |
| 1 Oct 2023 | $842M | $281M – $1.3B | $842M (0%) | after a round | 110 | up | C | 0% |
| 6 Oct 2023 | $739M | $520M – $1.6B | $1.1B (+50%) | after a round | 110 | up | B | 0% |
| 1 Nov 2023 | $760M | $520M – $1.6B | $1.1B (+46%) | after a round | 110 | up | B | 0% |
| 1 Dec 2023 | $786M | $520M – $1.6B | $1.1B (+41%) | after a round | 110 | up | B | 0% |
| 1 Jan 2024 | $814M | $520M – $1.6B | $1.1B (+36%) | after a round | 110 | up | B | 0% |
| 1 Feb 2024 | $848M | $530M – $1.6B | $1.1B (+33%) | after a round | 120 | growing | B | 0% |
| 1 Mar 2024 | $883M | $540M – $1.6B | $1.1B (+30%) | after a round | 130 | growing | B | 0% |
| 1 Apr 2024 | $917M | $540M – $1.6B | $1.1B (+25%) | after a round | 130 | growing | B | 0% |
| 1 May 2024 | $951M | $540M – $1.6B | $1.1B (+21%) | after a round | 130 | growing | B | 0% |
| 1 Jun 2024 | $987M | $540M – $1.6B | $1.1B (+16%) | after a round | 130 | growing | B | 0% |
| 1 Jul 2024 | $1.0B | $540M – $1.6B | $1.1B (+12%) | after a round | 130 | growing | B | 0% |
| 1 Aug 2024 | $1.1B | $540M – $1.6B | $1.1B (+8%) | after a round | 130 | up | B | 0% |
| 1 Sep 2024 | $1.1B | $540M – $1.6B | $1.1B (+4%) | after a round | 130 | up | B | 0% |
| 1 Oct 2024 | $1.1B | $540M – $1.6B | $1.1B (0%) | after a round | 130 | up | B | 0% |
| 1 Nov 2024 | $1.1B | $537M – $1.6B | $1.1B (0%) | after a round | 130 | up | B | 0% |
| 1 Dec 2024 | $1.1B | $534M – $1.6B | $1.1B (0%) | after a round | 130 | up | B | 0% |
| 1 Jan 2025 | $1.1B | $531M – $1.6B | $1.1B (0%) | after a round | 130 | up | B | 0% |
| 16 Jan 2025 | $1.9B | $1.4B – $3.5B | $2.5B (+30%) | after a round | 130 | up | B | 0% |
| 1 Feb 2025 | $1.9B | $1.4B – $3.5B | $2.5B (+28%) | after a round | 130 | up | B | 0% |
| 1 Mar 2025 | $2.0B | $1.4B – $3.5B | $2.5B (+26%) | after a round | 130 | up | B | 0% |
| 1 Apr 2025 | $2.0B | $1.4B – $3.5B | $2.5B (+23%) | after a round | 130 | up | B | 0% |
| 1 May 2025 | $2.1B | $1.4B – $3.5B | $2.5B (+20%) | after a round | 130 | flat | B | 0% |
| 1 Jun 2025 | $2.1B | $1.4B – $3.5B | $2.5B (+18%) | after a round | 130 | flat | B | 0% |
| 1 Jul 2025 | $2.2B | $1.4B – $3.5B | $2.5B (+15%) | after a round | 130 | flat | B | 0% |
| 1 Aug 2025 | $2.2B | $1.4B – $3.5B | $2.5B (+13%) | after a round | 298 | growing | B | 0% |
| 1 Sep 2025 | $2.3B | $1.4B – $3.5B | $2.5B (+10%) | after a round | 300 | growing | B | 0% |
| 24 Sep 2025 | $4.4B | $3.1B – $8.2B | $5.8B (+30%) | after a round | 300 | flat | B | 0% |
| 1 Oct 2025 | $4.5B | $3.1B – $8.2B | $5.8B (+29%) | after a round | 300 | flat | B | 0% |
| 1 Nov 2025 | $4.6B | $3.2B – $8.3B | $5.9B (+28%) | after a round | 318 | flat | B | 0% |
| 1 Dec 2025 | $4.7B | $3.2B – $8.3B | $5.9B (+25%) | after a round | 318 | flat | B | 0% |
| 1 Jan 2026 | $4.8B | $3.2B – $8.3B | $5.9B (+22%) | after a round | 318 | flat | B | 0% |
| 1 Feb 2026 | $4.9B | $3.2B – $8.3B | $5.9B (+19%) | after a round | 318 | flat | B | 0% |
| 1 Mar 2026 | $5.0B | $3.2B – $8.3B | $5.9B (+17%) | after a round | 318 | flat | B | 0% |
| 1 Apr 2026 | $5.2B | $3.3B – $8.6B | $6.1B (+16%) | after a round | 376 | up | B | 0% |
| 1 May 2026 | $5.4B | $3.3B – $8.6B | $6.1B (+13%) | after a round | 376 | up | B | 0% |
| 1 Jun 2026 | $5.5B | $3.3B – $8.6B | $6.1B (+10%) | after a round | 376 | up | B | 0% |
| 1 Jul 2026 | $5.6B | $3.3B – $8.6B | $6.1B (+7%) | after a round | 376 | up | B | 0% |
| 1 Aug 2026 | $5.8B | $3.3B – $8.6B | $6.1B (+5%) | after a round | 376 | up | B | 0% |
| 1 Sep 2026 | $6.0B | $3.3B – $8.6B | $6.1B (+2%) | after a round | 376 | up | B | 0% |
| 9 Sep 2026 | $10.0B | $8.7B – $15.0B | $13.0B (+30%) | after a round | 376 | up | A | 0% |
| 1 Oct 2026 | $10.2B | $8.7B – $15.0B | $13.0B (+28%) | after a round | 433 | growing | A | 0% |
| 24 Oct 2026 | $10.3B | $8.7B – $15.0B | $13.1B (+26%) | after a round | 441 | growing | A | 0% |
Key facts about Stoke Space
- Founded
- 2020
- Headquarters
- Kent, United States
- Employees
- about 441 +39% in a year
- Total raised
- $2.04B
- Funding rounds
- 6
- Last round
- Series E Sep 2026
Stoke Space was founded in 2020 by Andy Lapsa and Tom Feldman.
Stoke Space funding history
Stoke Space has 6 funding rounds on record, from Dec 2021 to Sep 2026, $2.04B in total. The latest disclosed valuation is $10.00B post-money (Series E, Sep 2026).
Series E 8 Sep 2026
Led by Point72 Ventures, Spark Capital; with General Innovation Capital Partners, Glade Brook, United States Innovative Technology, Washington Harbour, Woven Capital, Y Combinator.
Sources: techfundingnews.com, stokespace.com, techcrunch.com and 2 more
$1.00B
$10.00B post-money
Series D 23 Sep 2025
Investors not disclosed.
Sources: castleplacement.com, stokespace.com, stokespace.com and 1 more
$510M
$100M
Series C 15 Jan 2025
With Breakthrough Energy, Glade Brook, Industrious Ventures, Leitmotif, Point72 Ventures, Seven Seven Six, University of Michigan, Woven Capital, Y Combinator.
Sources: payloadspace.com, spacenews.com, stokespace.com and 1 more
$260M
Series B 5 Oct 2023
Led by Industrious Ventures; with University of Michigan, Sparta Group, Long Journey Ventures, Breakthrough Energy, Y Combinator, Point72 Ventures, NFX, MaC Venture Capital, Toyota Ventures, In-Q-Tel.
Sources: stokespace.com, techcrunch.com, cnbc.com and 1 more
$100M
Series A 15 Dec 2021
Led by Breakthrough Energy; with Spark Capital, Point72 Ventures, Toyota Ventures, Alameda Research, Global Founders Capital, NFX, MaC Venture Capital, Seven Seven Six, Liquid 2.
Sources: businesswire.com, spacenews.com, payloadspace.com and 2 more
$65M
Stoke Space investors
25 investors have backed Stoke Space; Breakthrough Energy, Point72 Ventures and Industrious Ventures and 2 more led at least one round.
- Breakthrough Energy lead, 3 rounds
- Point72 Ventures lead, 3 rounds
- Spark Capital lead, 2 rounds
- Silicon Valley Bank lead
- Y Combinator 3 rounds
- Glade Brook 2 rounds
- Seven Seven Six 2 rounds
- University of Michigan 2 rounds
- Alameda Research
- In-Q-Tel
- Point72 Ventures
- Toyota Ventures
What Stoke Space does
Stoke Space works in aerospace and defence, with 14 recorded offerings and customers in aerospace and space exploration.
Stoke Space Technologies, Inc. is an American aerospace company engaged in the development and manufacturing of fully reusable rockets and launch vehicles. The company operates a vertically integrated facility that encompasses design, engineering, manufacturing, and testing of rocket engines, structures, and avionics. Stoke Space also produces branded merchandise related to its aerospace operations. The company collaborates with organizations such as NASA to advance upper stage re-entry capabilities and serves clients in the aerospace industry.
Description from Veridion's company data.
Products and services
- Reusable Rocket Design and Manufacturing
- Rocket Engine Manufacturing
- Propulsion System Engineering and Testing
- Upper Stage Structure Manufacturing
- Avionics System Development and Integration
- Space Mobility Solutions Development
- Cargo Delivery Mission Enablement
- Space Repositioning Mission Enablement
- Long-Dwell Mission Enablement
- Sustainable Space Access Solutions
- Environmental Impact Reduction Consulting
- Advanced Aerospace Technology Research
- NASA Partnership Technology Advancement
- Online Branded Merchandise Retail
Markets
- Aerospace
- Space Exploration
Technology
- Ring-Like Thrust Structure for Reusable Rockets
- Multi-Engine Propulsion Systems for Reusable Rockets
- Advanced Materials for Reusable Rocket Engines
- Advanced Avionics for Reusable Rockets
- Upper Stage Re-Entry Capabilities for Spacecraft
Business model
- Business-to-Business
- Business-to-Consumer
- Manufacturing
- Retail
- E-commerce
Industry codes (NAICS)
- 336414 Guided Missile and Space Vehicle Manufacturing 85% match
- 458110 Clothing and Clothing Accessories Retailers 15% match
Questions about Stoke Space
What is Stoke Space worth?
Valuation $10.3B (range $8.7B to $15.0B), as of 24 Oct 2026. The last disclosed valuation was $10.00B (Series E, Sep 2026).
Has Stoke Space raised money?
Stoke Space has 6 funding rounds on record, from Dec 2021 to Sep 2026, $2.04B in total. The latest disclosed valuation is $10.00B post-money (Series E, Sep 2026).
Who has invested in Stoke Space?
Breakthrough Energy, Point72 Ventures, Industrious Ventures, Spark Capital, Silicon Valley Bank and Y Combinator, and 19 more. Lead investors include Breakthrough Energy, Point72 Ventures, Industrious Ventures and Spark Capital.
How many people work at Stoke Space?
About 441, up 39% over the last year. Headcount grew from 34 in Feb 2022 to 441 in Oct 2026.
What does Stoke Space do?
Stoke Space works in aerospace and defence, with 14 recorded offerings and customers in aerospace and space exploration. Its main offerings are reusable rocket design and manufacturing, rocket engine manufacturing and propulsion system engineering and testing.
When was Stoke Space founded, and where is it based?
Stoke Space was founded in 2020 and is based in Kent, United States. It has about 441 employees, up 39% over the last year.