- Companies
- Umbra
Umbra Valuation, Funding & Investors
Umbra is valued at $825M as of December 2022.
Last Umbra valuation
$825M
Series B · Dec 2022
Last Umbra funding round
$75M
Series B · Dec 2022
Cumulative funding Umbra raised
$120M
across 4 funding rounds
Key investors in Umbra
Starbridge Venture Capital
Crosscut Ventures
Hemisphere Ventures
Champion Hill Labs
Bossa Invest
Lombardstreet Ventures
About Umbra
Umbra is a Santa Barbara-headquartered space company operating a constellation of synthetic aperture radar satellites for Earth observation. Its StackSAR sensors deliver 25cm resolution imagery day-night and through clouds to US government and commercial clients. Launched first satellite in 2022, Umbra has 15+ spacecraft in orbit with plans for 30 by 2025.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Subscription
Valuation
$825M (Dec 2022)
Umbra Valuation
Umbra is currently valued at $825M, based on its Series B in December 2022.
The $75M round was led by Nimble Partners, with participation from Starcastle Ventures, Saturn Five, Starbridge Venture Capital, 7BC Venture Capital, Andrew Romans and 2 other investors.
Umbra's valuation has grown 7.6x from $109M at its undisclosed-stage round in January 2021 to $825M in December 2022, across 2 priced rounds.
Umbra valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2022 | Series B | $825M |
| Jan 2021 | Undisclosed stage | $109M |
Umbra Funding History
Umbra has raised a total of $120M across 4 funding rounds.
Umbra's first fundraising round was a $2M pre-seed round in March 2018. The most recent completed round was a $75M Series B in December 2022.
Umbra funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2022 | Series B | Nimble Partners (lead); Starcastle Ventures; Saturn Five; Starbridge Venture Capital; 7BC Venture Capital; Andrew Romans; What If Ventures; Champion Hill Ventures | $75M | $825M | - |
| Jan 2021 | Undisclosed stage | John Burbank (lead); Toy Ventures | $32M | $109M | Umbra, Inc. is a Santa Barbara-based space technology company founded in 2015 (previously Umbra Lab) specializing in Synthetic Aperture Radar (SAR) systems to provide high-resolution radar imagery as a service via a web platform. The company emerged from stealth in 2019 and has developed multiple satellites, holding a NOAA license to sell 25-centimeter commercial SAR imagery, positioning itself as a cost-effective U.S. provider with proprietary technology for improved performance and data quality. Umbra was initially funded through contracts with prime aerospace and defense firms, enabling hardware development without early equity financing, which helped secure key U.S. government and prime contracts. On January 30, 2021, Umbra announced a $32 million equity financing round (listed as Series A-2 in some sources), led by the family office venture fund of John Burbank (Passport Capital founder), with participation from existing investors including CrossCut Ventures, Starbridge Ventures, Hemisphere Ventures, PonValley, and others. The funds, along with existing revenue, support satellite manufacturing, launches planned for 2021, customer programs like free tasking and pilot access, team expansion to 45 people across Santa Barbara and new Austin facilities, and commercial Earth observation analytics partnerships. Umbra references using revenue alongside the new capital for customer initiatives. The company aimed to reduce radar data costs while maintaining high quality, targeting government, primes, and commercial markets. Later developments include a Series B in March 2023 at $827.67 million valuation and total funding of $827.67 million as of recent data, with ongoing satellite launches and contracts. |
| Apr 2019 | Seed | Two Culture Capital; Tremendous View Capital; Lombardstreet Ventures; Mark William Lewis; Crosscut Ventures; Starbridge Venture Capital; Hemisphere Ventures; Champion Hill Labs | $10M | - | - |
| Mar 2018 | Pre-seed | Capitoria; Crosscut Ventures; Starbridge Venture Capital; Hemisphere Ventures; Champion Hill Labs; Bossa Invest | $2M | - | - |
Who has invested in Umbra?
19 investors have backed Umbra across its funding rounds, including Starbridge Venture Capital, Crosscut Ventures, Hemisphere Ventures, Champion Hill Labs, Bossa Invest and Lombardstreet Ventures.
Lead investors include Nimble Partners and John Burbank.
Umbra Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Mar 2018 | ||
| 2 | Participant | Mar 2018 | ||
| 2 | Participant | Mar 2018 | ||
| 2 | Participant | Mar 2018 | ||
| 1 | Participant | Dec 2022 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Lead | Dec 2022 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Mar 2018 | ||
| 1 | Participant | Dec 2022 | ||
| 1 | Participant | Apr 2019 | ||
This data is available for Pro users. Sign up to see all 19 Umbra investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Umbra
Umbra has invested in 1 company to date.
Latest investment by Umbra was on June 24th 2026. Umbra invested in Askari Defense in their $9M Seed round.
Latest Investments by Umbra
| Description | Askari Defense is a defense technology company that builds affordable intelligent kinetic defenses suited for robotic warfare. |
| HQ Country | |
| HQ City | Atlanta, GA |
| Deal Date | 24 Jun 2026 |
| Round | Seed |
| Raised | $9M |
| Investors | Rule 1 Ventures; Builders Ventures; Swell Partners; WaterStone Impact Fund; Aeon; Sovereign’s Capital; Beyond Capital |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Umbra investments and their VC round multiples. Start Free Trial | |
Umbra Competitors
Umbra competitors include listed companies like Hwa Create, Paras Defence And Space and Lyntris, and private ones like Agnikul, True Anomaly and ABL Space Systems.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $117M | $5M | $1.1B | 11.9x | ||
| Publicly listed | $50M | $13M | $1.1B | 20.2x | ||
| Private | - | - | $500M | - | ||
| Publicly listed | $389M | $47M | $1.6B | - | ||
| Private | - | - | $2.2B | - | ||
| Private | $19M | - | $2.4B | - |
Umbra Public Comps
Umbra is still privately-owned, but its public comps include Satellogic, Telesat, Kopin, Gilat Satellite Networks, Jiangxi Xinyu Guoke Tech, Cohort, BlackSky, Calian Group, Avon Technologies and Ruger.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $18M | $2M | 46.9x | 22.0x | 405.1x | (93.4x) | |||
| $299M | ($183M) | 12.7x | 15.3x | (20.9x) | 38.3x | |||
| $38M | $3M | 22.2x | 15.6x | 338.7x | (97.7x) | |||
| $452M | $45M | 1.4x | 1.3x | 13.6x | 10.2x | |||
| $67M | $16M | 13.0x | - | 52.8x | - | |||
| $411M | $64M | 1.8x | 1.8x | 11.5x | 11.7x | |||
| $107M | ($28M) | 8.6x | 7.0x | (32.8x) | 68.0x | |||
| $555M | $58M | 1.4x | 1.3x | 13.7x | 11.7x | |||
This data is available for Pro users. Sign up to see all Umbra competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Umbra
| When was Umbra founded? | Umbra was founded in 2015. |
| Where is Umbra headquartered? | Umbra is headquartered in Washington, DC, United States. |
| Is Umbra publicly listed? | No, Umbra is a private, VC-backed company. |
| What is Umbra's valuation? | Umbra was last valued at $825M in its Series B in December 2022. |
| How much funding has Umbra raised? | Umbra has raised $120M across 4 funding rounds. |
| What was Umbra's last funding round? | Umbra's last funding round was a $75M Series B in December 2022, led by Nimble Partners. |
| Who are Umbra's investors? | Umbra's investors include Starbridge Venture Capital, Crosscut Ventures, Hemisphere Ventures, Champion Hill Labs, Starcastle Ventures, Two Culture Capital, Nimble Partners, Tremendous View Capital, Lombardstreet Ventures, Toy Ventures and 9 others. |
| Which companies are comparable to Umbra? | Companies comparable to Umbra include Hwa Create, Paras Defence And Space, Agnikul, Lyntris, True Anomaly and ABL Space Systems. |
| How many companies has Umbra invested in? | Umbra has invested in 1 company, including Askari Defense. |
| What was Umbra's last investment? | In June 2026, Umbra invested in Askari Defense's $9M seed round alongside Rule 1 Ventures, Builders Ventures, Swell Partners and 4 other investors. |
See companies similar to Umbra
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




