How Much Did Relativity Space Raise? Headquarters, Funding & Key Investors

Relativity Space has raised $1.955 billion across multiple funding rounds, with a current valuation of $4.2 billion. The company is pioneering 3D-printed rockets, integrating artificial intelligence and autonomous robotics to revolutionize the aerospace manufacturing industry.

Keep reading to explore Relativity Space’s fundraising journey, key investors, and what’s ahead for this innovative space venture.

What Is Relativity Space and What Does It Do?

Founded in 2015 by Jordan Noone and Tim Ellis, Relativity Space is headquartered in Long Beach, California. The company designs, develops, and builds 3D-printed rockets, significantly reducing production complexity and build time.

Relativity Space’s innovative approach enables rockets to be manufactured in under 60 days, utilizing fewer parts and leveraging AI and autonomous robotics to improve efficiency and reduce costs. With 501–1,000 employees, the company aims to become a leading commercial launch provider, offering reusable rockets capable of delivering payloads to low Earth orbit.

How Much Funding Has Relativity Space Raised?

1. Seed Round
   • Amount Raised: $620K
   • Date: March 2016
   • Lead Investors: Mark Cuban, Y Combinator
   • Motivation: Kickstart 3D-printed rocket development.
2. Series A
   • Amount Raised: $10.1M
   • Date: July 2016
   • Lead Investors: Social Capital
   • Motivation: Expand team and 3D printing capabilities.
3. Series B
   • Amount Raised: $35M
   • Date: March 2018
   • Lead Investors: Playground Global
   • Motivation: Scale production and refine rocket designs.
4. Series C
   • Amount Raised: $140M
   • Date: October 2019
   • Lead Investors: Bond, Tribe Capital
   • Motivation: Accelerate development of Terran 1.
5. Series D
   • Amount Raised: $500M
   • Date: November 2020
   • Lead Investors: Tiger Global Management
   • Valuation at Round: $2.3B
   • Motivation: Build manufacturing infrastructure for the Terran 1 launch.
6. Series E
   • Amount Raised: $650M
   • Date: June 2021
   • Lead Investors: Fidelity
   • Valuation at Round: $4.2B
   • Motivation: Accelerate production of Terran R, a fully reusable rocket.
7. Secondary Market
   • Amount Raised: Not disclosed
   • Date: February 2022
   • Motivation: Provide liquidity for early investors and employees.
8. Series F
   • Amount Raised: $20M
   • Date: November 2023
   • Motivation: Support ongoing operations and future projects.

Total Funding Raised: $1.955B

Current Valuation: $4.2B

Key Investors

1. Fidelity
   • Details: Global financial services firm providing investment management and brokerage services.
   • Investment Focus Areas: Technology, healthcare, financial services.
   • Notable Investments: Amazon, Google, Facebook.
2. Tiger Global Management
   • Details: Investment firm focusing on public and private companies in Internet, software, consumer, and fintech sectors.
   • Investment Focus Areas: Internet, software, consumer, financial technology.
   • Notable Investments: Stripe, ByteDance, Spotify.
3. Bond
   • Details: Venture capital firm investing in technology companies with disruptive potential.
   • Investment Focus Areas: Technology companies.
   • Notable Investments: Airbnb, DoorDash, Stripe.
4. Tribe Capital
   • Details: Venture capital firm leveraging data science to identify and fund promising startups.
   • Investment Focus Areas: Technology startups.
   • Notable Investments: Slack, Carta, Front.
5. Playground Global
   • Details: Early-stage venture capital firm providing capital and strategic guidance to tech startups.
   • Investment Focus Areas: Early-stage technology companies.
   • Notable Investments: Nervana Systems, Owl Labs, Relativity Space.

Where Is Relativity’s Headquarters?

Relativity is headquartered in Chicago, Illinois, positioning it near major legal and regulatory clients, while providing access to a strong talent pool in software engineering and data analytics.

What’s Next for Relativity Space?

Relativity Space is advancing Terran R, a fully reusable rocket designed for heavy payloads to low Earth orbit, with a planned launch from Cape Canaveral by 2024. Securing its first anchor customer positions the company to compete with industry leaders like SpaceX and capitalize on the cost-effective demand for spaceflight.

Future fundraising is expected to support scaling production, meeting ambitious launch schedules, and further innovation in 3D printing technology. Key challenges include successfully launching Terran 1 and Terran R, competing with established players, and ensuring the reliability and safety of their rockets.

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