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- Cowboy Space
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
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
Website
Status
Privately held
Customer focus
B2B
Valuation
$2B (May 2026)
Sectors
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
| Date | Stage | Valuation |
|---|---|---|
| May 2026 | Series B | $2B |
Cowboy Space Funding History
Cowboy Space has raised a total of $275M across 1 funding round.
Cowboy Space funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series B | Index Ventures (lead); Interlagos Capital; IVP; Breakthrough Energy Ventures; NEA Design; SAIC; Andreessen Horowitz; Construct Capital; Baiju Bhatt; Blossom Capital | $275M | $2B | Cowboy 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2026 | ||
| 1 | Lead | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
This data is available for Pro users. Sign up to see all 10 Cowboy Space investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCowboy Space Competitors
Cowboy Space competitors include listed companies like SES, Jezetek, Intuitive Machines and Hunan Aerospace Huanyu, and private ones like SpinLaunch and Apex.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Publicly listed | $3B | $1.2B | $2.1B | 2.8x | ||
| Publicly listed | $613M | $50M | $1.9B | - | ||
| Private | $18M | - | $2.3B | - | ||
| Publicly listed | $207M | ($111M) | $2.4B | 5.0x | ||
| Publicly 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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3B | $1.2B | 3.3x | 2.8x | 8.7x | 6.2x | |||
| $613M | $50M | 3.2x | - | 38.8x | - | |||
| $207M | ($111M) | 17.6x | 5.0x | (32.9x) | (265.1x) | |||
| $68M | $14M | 36.3x | - | 182.5x | - | |||
| $1.4B | $483M | 2.9x | 2.9x | 8.6x | 5.6x | |||
| $41M | ($21M) | 30.0x | - | (57.8x) | - | |||
| $15M | $6M | 77.6x | 34.7x | 194.9x | 115.4x | |||
| $577M | $88M | 3.7x | 3.4x | 24.1x | 8.7x | |||
This data is available for Pro users. Sign up to see all Cowboy Space competitors and their valuation data. Start Free Trial | ||||||||
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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