# Geostellar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geostellar

- Industry: Renewable Energy
- Headquarters: Martinsburg, US
- Website: www.geostellar.com
- Total disclosed funding: $15M
- Latest round: Series B (May 18, 2012)
- Investors on record: 4

## About

Geostellar, Inc is a financial services firm focused on providing innovative annuity products to help retirees secure a stable income stream, while simplifying the complexities of retirement planning.Founded in 2010 in Martinsburg, US, Geostellar, Inc specializes in annuities that ensure guaranteed income for retirees. The company has completed 5 deals, with its most recent funding round occurring on October 7, 2016. Led by Matador Capital Partners, this round raised USD 1.00 mn. The total amount raised by the firm is USD 1.00 mn, with a current company valuation of USD 12.84 mn. The founder's prior entrepreneurial ventures are not documented.Geostellar, Inc primarily offers a range of annuity products designed to provide guaranteed income for a specified period, catering to individuals planning for retirement. These annuities are structured to ensure a stable source of income, addressing the financial security concerns of retirees. The firm utilizes a space-themed approach to guide clients through the complexities of purchasing and managing annuities. The target customer base includes retirees and individuals approaching retirement age across North America and Europe, where there is a growing need for reliable financial planning solutions. Additionally, the company's offerings aim to assist clients in tax-advantaged long-term financial planning, contributing to their overall retirement goals.The company's revenue model is primarily derived from selling annuity contracts directly to consumers, where clients make one-time payments or periodic contributions in exchange for future income. This direct-to-consumer transaction structure allows for tailored annuity products that meet individual client needs, potentially involving flexible payment options that align with retirement planning strategies. Various annuity types cater to both immediate and deferred income needs, appealing to a diverse clientele. The firm's focus on providing expert guidance ensures that clients are well-informed, facilitating transactions that contribute to the overall financial health of retirees seeking stability in their post-employment years.Geostellar, Inc aims to expand its product offerings with new annuity products designed to better serve retirees' needs, although specific release dates have not been disclosed. The company is also planning to target additional markets in North America and Europe for expansion. The recent funding of USD 1.00 mn will be utilized to support these product developments and market expansions, allowing the firm to enhance its service delivery and reach a broader audience.

## Funding rounds

- Series B, May 18, 2012, $14M — NRG Energy, Inc., GeoEye, Flash Forward Ventures, State of Maryland
- Series A, Apr 6, 2011, $1.5M — Flash Forward Ventures

## Investors

- Flash Forward Ventures (https://capitalatlas.ai/funds/flash-forward-ventures) — Series A, Series B
- NRG Energy, Inc. — Series B
- GeoEye — Series B
- State of Maryland — Series B