Umbra Valuation, Funding & Investors

Umbra is valued at $825M as of December 2022.

See full Umbra profile

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

Umbra Overview

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

United StatesWashington, DC

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

Umbra valuation by funding round
DateStageValuation
Dec 2022Series B$825M
Jan 2021Undisclosed 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

Umbra funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2022Series BNimble Partners (lead); Starcastle Ventures; Saturn Five; Starbridge Venture Capital; 7BC Venture Capital; Andrew Romans; What If Ventures; Champion Hill Ventures$75M$825M-
Jan 2021Undisclosed stageJohn Burbank (lead); Toy Ventures$32M$109MUmbra, 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 2019SeedTwo Culture Capital; Tremendous View Capital; Lombardstreet Ventures; Mark William Lewis; Crosscut Ventures; Starbridge Venture Capital; Hemisphere Ventures; Champion Hill Labs$10M--
Mar 2018Pre-seedCapitoria; 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

Investors in Umbra by funding rounds participated
InvestorHQRoundsRoleFirst check
Starbridge Venture CapitalUnited StatesWashington, DC3ParticipantMar 2018
Crosscut VenturesUnited StatesLos Angeles, CA2ParticipantMar 2018
Hemisphere VenturesUnited StatesDallas, TX2ParticipantMar 2018
Champion Hill LabsUnited StatesRaleigh, NC2ParticipantMar 2018
Starcastle VenturesUnited StatesAustin, TX1ParticipantDec 2022
Two Culture CapitalIrelandDublin1ParticipantApr 2019
Nimble PartnersUnited StatesSan Francisco, CA1LeadDec 2022
Tremendous View CapitalUnited StatesNew York City, NY1ParticipantApr 2019
Lombardstreet VenturesUnited StatesSan Francisco, CA1ParticipantApr 2019
Toy VenturesUnited StatesSan Francisco, CA1ParticipantJan 2021
CapitoriaUnited KingdomLondon1ParticipantMar 2018
Saturn FiveUnited StatesAustin, TX1ParticipantDec 2022
Mark William LewisUnited StatesMiami, FL1ParticipantApr 2019

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Investments 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

Askari Defense
Description
Askari Defense is a defense technology company that builds affordable intelligent kinetic defenses suited for robotic warfare.
HQ CountryUnited States
HQ City
Atlanta, GA
Deal Date24 Jun 2026
RoundSeed
Raised$9M
InvestorsRule 1 Ventures; Builders Ventures; Swell Partners; WaterStone Impact Fund; Aeon; Sovereign’s Capital; Beyond Capital
Valuationundisclosed
EV/Revenue
EV/EBITDA

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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.

Public and private companies comparable to Umbra
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Hwa CreateChinaChinaPublicly listed$117M$5M$1.1B11.9x
Paras Defence And SpaceIndiaIndiaPublicly listed$50M$13M$1.1B20.2x
AgnikulIndiaChennaiPrivate--$500M-
LyntrisUnited StatesUnited StatesPublicly listed$389M$47M$1.6B-
True AnomalyUnited StatesDenver, COPrivate--$2.2B-
ABL Space SystemsUnited StatesLos Angeles, CAPrivate$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Satellogic$18M$2M46.9x22.0x405.1x(93.4x)
Telesat$299M($183M)12.7x15.3x(20.9x)38.3x
Kopin$38M$3M22.2x15.6x338.7x(97.7x)
Gilat Satellite Networks$452M$45M1.4x1.3x13.6x10.2x
Jiangxi Xinyu Guoke Tech$67M$16M13.0x-52.8x-
Cohort$411M$64M1.8x1.8x11.5x11.7x
BlackSky$107M($28M)8.6x7.0x(32.8x)68.0x
Calian Group$555M$58M1.4x1.3x13.7x11.7x

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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.

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