# Relativity Space

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

- Industry: Aerospace
- Headquarters: Long Beach, US
- Website: www.relativityspace.com
- Total disclosed funding: $1.3B
- Latest round: Series E (May 27, 2021)
- Investors on record: 22

## About

Founded in 2015 and based in California, US, Relativity Space, Inc. is an application-layer 3D printing company that provides software-driven manufacturing with the combination of 3D printing, artificial intelligence, and autonomous robotics. The company was founded by CEO Tim Ellis and Jordan Noone. The company offers two rockets: Terran 1 and Terran R. Terran R serves both government and commercial customers with access to space in LEO and beyond.

In 2020, Relativity Space, Inc. raised USD 500 million in Series D funding led by new investor Tiger Global Management, with participation from other new investors. In 2021, Relativity Space, Inc. raised USD 650 million in Series E funding led by new investor Fidelity Investments that values the company at USD 4.2 billion post-money. As of 2021, the company staffs 230 employees. In January 2024, Relativity Space, Inc. raised an undisclosed amount of venture funding from new investor Eric Schmidt.

The company manufactures rockets by fusing 3D printing, artificial intelligence, and autonomous robotics. Relativity’s rockets, Terran 1 and Terran R are created within 60 days from their raw materials. Relativity Space’s proprietary Factory of the Future centers on Stargate, which create Terran 1, a 3D printed rocket, and a fully reusable Terran-R rocket. The firm’s Factory of the Future is an aerospace platform that automates rocket manufacturing by vertically integrating robotics, software, and 3D printing technology.

Terran 1 is used for constellation deployment and resupply while Terran R can launch over 20,000 kg to low Earth orbit (LEO) in a reusable configuration. The company’s engines, namely, Aeon 1, Aeon R, and Aeon Vac are 3D printed that enable a reduction in engine combustion chambers, igniters, turbopumps, and reaction control thrusters.

The company will use the 2025 funding to support Terran R, expected to fly in 2026.

## Funding rounds

- Series E, May 27, 2021, $650M — Fidelity Investments, Tiger Global Management, Coatue Management, BlackRock, Soroban Capital Partners, Centricus, Gaingels, Tribe Capital, XN Ventures, K5 Global
- Series D, Nov 20, 2020, $500M — General Catalyst Partners, Allen & Company, Fidelity Investments, Tiger Global Management, Baillie Gifford, Y Combinator, Social Capital, ICONIQ Capital, Playground Ventures, Gaingels, Senator Investment Group, 3L Capital, Tribe Capital, XN Ventures, Bond, K5 Global
- Series C, Sep 26, 2019, $133M — Wavemaker Partners, Y Combinator, Social Capital, Playground Ventures, Tribe Capital, Bond, Republic Capital
- Series B, Mar 14, 2018, $29M — Y Combinator, Social Capital, Playground Ventures
- Series A, Jul 8, 2016, $8.4M — Y Combinator, Social Capital
- Seed, Mar 24, 2016, $1.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B, Series C, Series D
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A, Series B, Series C, Series D
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Series B, Series C, Series D
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Series C
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series C, Series D, Series E
- Bond (https://capitalatlas.ai/funds/bond) — Series C, Series D
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series C
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series D
- Allen & Company — Series D
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series D, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D, Series E
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series D
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series D, Series E
- Senator Investment Group (https://capitalatlas.ai/funds/senator-investment-group) — Series D
- 3L Capital (https://capitalatlas.ai/funds/3l-capital) — Series D
- XN Ventures (https://capitalatlas.ai/funds/xn-ventures) — Series D, Series E
- K5 Global (https://capitalatlas.ai/funds/k5-global) — Series D, Series E
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series E
- Soroban Capital Partners (https://capitalatlas.ai/funds/soroban-capital-partners) — Series E
- Centricus (https://capitalatlas.ai/funds/centricus) — Series E