How Much Did LeoLabs Raise? Funding & Key Investors

What Is LeoLabs?

LeoLabs, founded in Menlo Park, California, is an aerospace company specializing in low Earth orbit mapping and space situational awareness services. The company operates within the aerospace, database, mapping services, and software industries.

With an employee count ranging from 101 to 250, LeoLabs leverages advanced technology, including multi-mission radars and an AI-enabled platform, to provide real-time data and actionable intelligence. Their mission is to safeguard life on Earth by monitoring space activity and offering services in space domain awareness, space traffic management, and launch operations.

How Much Funding Has LeoLabs Raised?

1. Series B (Extension)
   • Amount Raised: USD 29,000,000
   • Date: February 12, 2024
   • Lead Investors: GP Bullhound (Per Roman, Managing Partner)
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale up AI-powered insights for space operations, enhance data architecture, and expand global operations. The round was oversubscribed with participation from new investors GP Bullhound, 1941, and Dolby Family Ventures, alongside existing investors Insight Partners, Velvet Sea Ventures, Space Capital, MDSV Capital, and the AngelList Syndicate led by Dylan Taylor.
2. Series B (Later Stage VC)
   • Amount Raised: Not publicly disclosed
   • Date: May 19, 2025
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support ongoing expansion of orbital intelligence services and space domain awareness capabilities.
3. Series B
   • Amount Raised: USD 65,000,000
   • Date: June 3, 2021
   • Lead Investors: Insight Partners, Velvet Sea Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To accelerate deployment of the global radar network and expand space situational awareness services, addressing the growing LEO data deficit.
4. Series A
   • Amount Raised: USD 16,000,000
   • Date: January 28, 2020
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and technology development for the radar network and SaaS platform.
5. Series A
   • Amount Raised: USD 13,000,000
   • Date: July 26, 2018
   • Lead Investors: Airbus Ventures, WERU Investment
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop multi-mission radars and AI-enabled platforms for space domain awareness.
6. Seed
   • Amount Raised: USD 4,000,000
   • Date: February 27, 2017
   • Lead Investors: Horizons Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To establish initial radar network and core data processing capabilities.
7. Seed
   • Amount Raised: Not publicly disclosed
   • Date: January 2016
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To launch the company and develop core technologies.

Total Amount Raised: At least USD 127,000,000 based on disclosed funding (excluding the undisclosed May 2025 Series B round). Current Valuation: Not publicly disclosed.

Key Investors

• GP Bullhound
  • Details: GP Bullhound is a leading technology advisory and investment firm. They led the February 2024 Series B extension as the new lead investor, with Managing Partner Per Roman representing the firm.
  • Investment Focus Areas: Technology, digital services, innovation, ESG themes.
  • Notable Investments: Ecovadis, LeoLabs.
• Insight Partners
  • Details: Insight Partners is a global private equity and venture capital firm. They co-led the 2021 Series B round and have continued participation in subsequent rounds.
  • Investment Focus Areas: Technology, software, growth-stage companies.
  • Notable Investments: Not publicly disclosed.
• Velvet Sea Ventures
  • Details: Velvet Sea Ventures is a venture capital firm that co-led the 2021 Series B and has been a consistent supporter of LeoLabs across multiple rounds.
  • Investment Focus Areas: Technology, media, early-stage companies.
  • Notable Investments: Not publicly disclosed.
• Space Capital
  • Details: Space Capital is a venture capital firm investing in the space economy. They participated in the Series A and subsequent rounds.
  • Investment Focus Areas: Space technology, space economy.
  • Notable Investments: Not publicly disclosed.
• AngelList Syndicate led by Dylan Taylor
  • Details: This syndicate is led by Dylan Taylor, a notable investor in the space sector. They have been consistent supporters of LeoLabs across multiple rounds.
  • Investment Focus Areas: Space, technology.
  • Notable Investments: Not publicly disclosed.

What's Next for LeoLabs?

LeoLabs stands at the cusp of significant opportunities, driven by the increasing number of satellites in low Earth orbit. The company is poised to scale its AI-powered insights, enhancing end-user applications and expanding global operations. This growth is bolstered by strong investor interest, as evidenced by their recent oversubscribed funding round.

Future fundraising opportunities appear promising, with LeoLabs' ongoing market growth and key engagements with commercial operators and governments. The company's focus on integrating space domain expertise into defense command operations and developing next-generation space traffic coordination further solidifies its market position.

However, challenges loom on the horizon. Managing the rapid increase in space debris and ensuring the reliability of real-time data are critical hurdles. Additionally, integrating advanced technologies while maintaining a competitive edge will require continuous innovation and strategic partnerships.

Use Clay to Get Funding Data

Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like LeoLabs and gather other critical business insights.

Sign up for free to start making data‑driven decisions and stay ahead in the competitive landscape.