# Analytical Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/analytical-space

- Industry: Aerospace
- Headquarters: Cambridge, US
- Website: www.analyticalspace.com
- Total disclosed funding: $21M
- Latest round: Series A (Oct 26, 2021)
- Investors on record: 17

## About

Analytical Space, Inc. focuses on developing a pioneering hybrid optical/RF data relay network to enhance satellite communication efficiency, offering swift and reliable data services in the space sector.Founded in 2016 and headquartered in Cambridge, US, Analytical Space, Inc. is committed to advancing satellite communication technology. The company has secured a total of 7 deals, with the most recent funding round occurring in October 2021, during which it raised USD 17.8 mn in a Series A round led by Fine Structure Venture. The CEO is Daniel Nevius, who has a background in developing innovative technology solutions.Analytical Space, Inc. specializes in providing precise Islamic prayer times and Qibla direction services tailored to users' geolocations. Its core offering is an application that accurately calculates the five daily prayer times based on the user's current location, catering to the needs of practicing Muslims around the globe. The service integrates local time zones and geographical coordinates, ensuring timely prayer notifications. Additionally, the app provides Qibla direction, enabling users to orient towards the Kaaba in Mecca. The primary customer base consists of individual users, including students, professionals, and families, with notable presence in regions such as the Middle East, Southeast Asia, and Europe.The company generates revenue primarily through a subscription model for its prayer times application. Users can choose a basic free version with essential features or opt for premium subscriptions that offer additional services, like personalized notifications and an ad-free experience. This model allows flexible monthly or annual billing, facilitating direct-to-consumer transactions via app stores. Revenue is further supported by potential partnerships with religious organizations.Following a successful Series A financing round in October 2021, where Analytical Space, Inc. raised USD 17.8 mn, the company plans to utilize the funding to roll out the first orbital plane of its innovative hybrid optical/RF data relay network. This strategic move is aimed at enhancing connectivity for satellite communications. The company is also exploring opportunities to expand into new geographic markets, specifically targeting regions with growing demand for advanced satellite data services. The funding will facilitate the development and deployment of these initiatives, aligning with the company's overall growth strategy.

## Funding rounds

- Series A, Oct 26, 2021, $18M — Flybridge Capital Partners, Space Angels, Lockheed Martin Ventures, Engine Ventures, NKM Capital, The Yard Ventures, Republic Capital, Fine Structure Ventures, Lime Street Ventures, Explorer 1 Fund
- Seed, May 10, 2019 — 500 Startups, NKM Capital
- Seed, Sep 25, 2017, $3.5M — Shasta Ventures, Flybridge Capital Partners, Dream Incubator, Dorm Room Fund, Alumni Ventures Group, Space Angels, NXT Ventures, Engine Ventures
- Seed, Jun 1, 2017 — The Graduate Syndicate
- Angel, Jul 1, 2016 — Space Angels

## Investors

- Space Angels (https://capitalatlas.ai/funds/space-angels) — Angel, Seed, Series A
- The Graduate Syndicate (https://capitalatlas.ai/funds/the-graduate-syndicate) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Seed
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed, Series A
- Dream Incubator (https://capitalatlas.ai/funds/dream-incubator) — Seed
- Dorm Room Fund (https://capitalatlas.ai/funds/dorm-room-fund) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- NXT Ventures (https://capitalatlas.ai/funds/nxt-ventures) — Seed
- Engine Ventures (https://capitalatlas.ai/funds/engine-ventures) — Seed, Series A
- 500 Startups — Seed
- NKM Capital (https://capitalatlas.ai/funds/nkm-capital) — Seed, Series A
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series A
- The Yard Ventures — Series A
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series A
- Fine Structure Ventures (https://capitalatlas.ai/funds/fine-structure-ventures) — Series A
- Lime Street Ventures (https://capitalatlas.ai/funds/lime-street-ventures) — Series A
- Explorer 1 Fund (https://capitalatlas.ai/funds/explorer-1-fund) — Series A
