Cowboy Space Valuation, Funding & Investors

Cowboy Space is valued at $2B as of May 2026.

Last Cowboy Space valuation

$2B

Series B · May 2026

Last Cowboy Space funding round

$275M

Series B · May 2026

Cumulative funding Cowboy Space raised

$275M

across 1 funding round

Key investors in Cowboy Space

  • Andreessen Horowitz
  • Index Ventures
  • IVP
  • Breakthrough Energy Ventures
  • Construct Capital
  • Blossom Capital

Cowboy Space Overview

About Cowboy Space

Cowboy Space is a space infrastructure company that develops Low Earth Orbit satellites for in-orbit computing, space-based power generation, and launch systems. Rocket upper stages convert into orbital data centers that process data and transmit solar energy to Earth. The team draws from aerospace, satellite, and technology backgrounds.


Founded

2024

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Valuation

$2B (May 2026)

Cowboy Space Valuation

Cowboy Space is currently valued at $2B, based on its Series B in May 2026.

The $275M round was led by Index Ventures, with participation from Interlagos Capital, IVP, Breakthrough Energy Ventures, NEA Design, SAIC and 4 other investors.

Cowboy Space valuation by funding round

Cowboy Space valuation by funding round
DateStageValuation
May 2026Series B$2B

Cowboy Space Funding History

Cowboy Space has raised a total of $275M across 1 funding round.

Cowboy Space funding rounds

Cowboy Space funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2026Series BIndex Ventures (lead); Interlagos Capital; IVP; Breakthrough Energy Ventures; NEA Design; SAIC; Andreessen Horowitz; Construct Capital; Baiju Bhatt; Blossom Capital$275M$2BCowboy Space Corporation, founded by Robinhood co-founder Baiju Bhatt, raised $275 million in Series B financing at a $2 billion post-money valuation in May 2026. The round was led by Index Ventures with participation from new investors IVP, Blossom Capital, and SAIC, alongside existing investors Breakthrough Energy Ventures, Construct Capital, Andreessen Horowitz, NEA, Interlagos, and Baiju Bhatt. Total funding to date reached $335 million following this round, with the company having previously raised $80 million in earlier financing. Cowboy Space is developing vertically-integrated orbital infrastructure combining data centers and rockets to support artificial intelligence applications in space. The company is establishing a satellite and rocket engineering center in Seattle and is recruiting 40-60 employees for this hub. The company's mission centers on building a power grid infrastructure in outer space to address capacity constraints for space-based computing and data center operations.

Who has invested in Cowboy Space?

10 investors have backed Cowboy Space across its funding rounds, including Andreessen Horowitz, Index Ventures, IVP, Breakthrough Energy Ventures, Construct Capital and Blossom Capital.

Lead investors include Index Ventures.


Cowboy Space Investors

Investors in Cowboy Space by funding rounds participated
InvestorHQRoundsRoleFirst check
Interlagos CapitalUnited StatesLos Angeles, CA1ParticipantMay 2026
Index VenturesUnited KingdomLondon1LeadMay 2026
IVPUnited StatesSan Francisco, CA1ParticipantMay 2026
Breakthrough Energy VenturesFranceParis1ParticipantMay 2026
NEA DesignFranceLyon1ParticipantMay 2026
SAICUnited StatesReston, VA1ParticipantMay 2026
Andreessen HorowitzUnited StatesSan Francisco, CA1ParticipantMay 2026
Construct CapitalUnited StatesWashington, DC1ParticipantMay 2026

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Cowboy Space Competitors

Cowboy Space competitors include listed companies like SES, Jezetek, Intuitive Machines and Hunan Aerospace Huanyu, and private ones like SpinLaunch and Apex.

Public and private companies comparable to Cowboy Space
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SpinLaunchUnited StatesLos Angeles, CAPrivate--$2B-
SESLuxembourgLuxembourgPublicly listed$3B$1.2B$2.1B2.8x
JezetekChinaChinaPublicly listed$613M$50M$1.9B-
ApexUnited StatesLos Angeles, CAPrivate$18M-$2.3B-
Intuitive MachinesUnited StatesUnited StatesPublicly listed$207M($111M)$2.4B5.0x
Hunan Aerospace HuanyuChinaChinaPublicly listed$68M$14M$2.4B-

Cowboy Space Public Comps

Cowboy Space is still privately-owned, but its public comps include SES, Jezetek, Intuitive Machines, Hunan Aerospace Huanyu, Eutelsat, Orbita Aerospace, Synspective, Space42, Chengdu CORPRO Technology and Hwa Create.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SES$3B$1.2B3.3x2.8x8.7x6.2x
Jezetek$613M$50M3.2x-38.8x-
Intuitive Machines$207M($111M)17.6x5.0x(32.9x)(265.1x)
Hunan Aerospace Huanyu$68M$14M36.3x-182.5x-
Eutelsat$1.4B$483M2.9x2.9x8.6x5.6x
Orbita Aerospace$41M($21M)30.0x-(57.8x)-
Synspective$15M$6M77.6x34.7x194.9x115.4x
Space42$577M$88M3.7x3.4x24.1x8.7x

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Common questions about Cowboy Space

When was Cowboy Space founded?Cowboy Space was founded in 2024.
Where is Cowboy Space headquartered?Cowboy Space is headquartered in San Francisco, CA, United States.
Is Cowboy Space publicly listed?No, Cowboy Space is a private, VC-backed company.
What is Cowboy Space's valuation?Cowboy Space was last valued at $2B in its Series B in May 2026.
How much funding has Cowboy Space raised?Cowboy Space has raised $275M across 1 funding round.
What was Cowboy Space's last funding round?Cowboy Space's last funding round was a $275M Series B in May 2026, led by Index Ventures.
Who are Cowboy Space's investors?Cowboy Space's investors include Interlagos Capital, Index Ventures, IVP, Breakthrough Energy Ventures, NEA Design, SAIC, Andreessen Horowitz, Construct Capital, Baiju Bhatt and Blossom Capital.
Which companies are comparable to Cowboy Space?Companies comparable to Cowboy Space include SpinLaunch, SES, Jezetek, Apex, Intuitive Machines and Hunan Aerospace Huanyu.

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