Benchmark Space Systems

Burlington, VT · Founded 2017 · Privately Held (backing)

Developer of a satellite propulsion technology designed to facilitate the space industry's growth. Benchmark Space Systems is based in Burlington, VT and was founded in 2017. It was valued at $7.6 million at its later-stage round in Jul 2025, the last priced event on record. It has raised $56.8 million across 11 recorded rounds; the latest was a $2.4 million seed round in Jun 2025.

PMV mark · valuation
$7.6M
Oct 2026
Priced at
its later-stage round
Jul 2025
Total raised
$56.8M
Last round
Seed Round
Jun 2025

Benchmark Space Systems key facts

as of Oct 2026
  • Developer of a satellite propulsion technology designed to facilitate the space industry's growth.
  • Benchmark Space Systems is valued at approximately $7.6M as of Oct 2026, set at its later-stage round, Jul 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $56.8M across 11 recorded rounds; the latest was Seed Round ($2.4M) in Jun 2025.
  • Notable investors include Creative Destruction Lab, Mana Ventures, United States Department of War, University of Toronto, National Aeronautics and Space Administration — 21 tracked in total.
  • Benchmark Space Systems has filed 14 Form Ds with the SEC since 2018, most recently Jul 2025 ($2.4M sold to 15 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$7.6M

Valued at $7.6M at its later-stage round, Jul 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Benchmark Space Systems funding rounds

11 rounds
Jun 2025Seed Round$2.4MSEC filing▮
May 2024Early Stage VC$6.8MSEC filing▮
Jun 2023Early Stage VC$33.3MSEC filing▮
Nov 2022Early Stage VC$9.6MSEC filing▮
May 2022Early Stage VC$5.6MSEC filing▮

Benchmark Space Systems valuation

Benchmark Space Systems was valued at $7.6 million at its later-stage round in Jul 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Benchmark Space Systems raised?

Benchmark Space Systems has raised $56.8 million across 11 recorded rounds since 2018. The largest was a $9.6 million early-stage round in Nov 2022; the most recent was a $2.4 million seed round in Jun 2025.

Benchmark Space Systems has filed 14 Form Ds with the SEC since 2018, most recently in Jul 2025 ($2.4 million sold to 15 investors).

Benchmark Space Systems investors

21 investors are on record for Benchmark Space Systems, including Creative Destruction Lab, Mana Ventures, United States Department of War and University of Toronto. The seed round in Jun 2025 drew 15 investors.

About Benchmark Space Systems

Developer of a satellite propulsion technology designed to facilitate the space industry's growth. The company's technology integrates the thruster, propellant storage and control hardware into a compact package that launches as a solid and is pressurized in orbit, enabling businesses, scientists and universities to access small satellites.

Sector
Business Products and Services (B2B)
HQ
Burlington, VT, United States
Founded
2017
Employees
57
Ownership
Privately Held (backing)

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