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Astranis

Astranis

A satellite communications company building small telecommunication satellites.

Astranis is a satellite communications company building small telecommunication satellites that is headquartered in San Francisco, California and was founded in 2015 by John Gedmark and Ryan McLinko.



The company plans to launch satellites into geostationary orbit, farther from the earth, and in a location that will remain fixed. Astranis' goal is to put up satellites that are capable of providing immediate connectivity to broadband internet access to an estimated 4 billion people.



Astranis plans to send one satellite at a time to slots in geostationary orbit, 22,000 miles high, where each satellite can beam data up and down on a steady basis. Astranis plans to have its first operational satellite sent to geostationary Earth orbit in 2019.

Funding

Seed

On March 22, 2016 Astranis announced raising $120,000 in seed funding from Y Combinator, S2 Capital, Refactor Capital, Fifty Years, ACE & Company, Wei Guo, Samvit Ramadurgam, Lars Rasmussen, and Jaan Tallinn. 

Series A

On March 1, 2018 Astanis announced raising $13.5 million in series A funding from Andreessen Horowitz (lead investor), Y Combinator, Refactor Capital, Indicator Fund, and Fifty Years. 



Timeline

March 1, 2018

$13.5m Series A

The round was led by Andreessen Horowitz with additional participation by Y Combinator, Fifty Years, Refactor Capital and Indicator Fund.

March 2018

Astranis raises a $13,500,000 series A round from Andreessen Horowitz, Y Combinator, Refactor Capital, Indicator Fund and Fifty Years VC.

2018

Astranis raises $90 million in Series B funding round led by Venrock, with a sizeable contribution by existing investor Andreessen Horowitz.

Funding rounds

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People

Name
Role
LinkedIn

Adam Rothenberg

Investor



Amy Gu @ Hemi Ventures

Investor



Aneel Ranadive

Investor



Baiju Bhatt

Investor



Baird Hendrix

Employee



Brady Salz

Employee



Brett Jackson

Investor



Cory Wiltshire

Employee



David Beyer

Investor



David Lee

Investor



David Tisch

Investor



Derek Guo

Employee



Girts Folkmanis

Employee



Han Zhang

Employee



Jaan Tallinn

Investor



Jake Gibson

Investor



Jeff Chung

Investor



John Bowen

Employee



John Conafay

Employee



John Gedmark

Co-founder and CEO



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Further reading

Title
Author
Link
Type
Date

Why We're Excited About Alaska - John Gedmark - Medium

John Gedmark

Web



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News

Title
Author
Date
Publisher
Description
Darrell Etherington
February 13, 2020
TechCrunch
YC-backed Astranis has raised $90 million of new combined debt and equity funding in a Series B round led Venrock, with a sizeable contribution by existing investor (and lead of their 2018 round) Andreessen Horowitz. The funding will be used to help the company launch its first commercial satellites, which will be the bedrock of [...]
Darrell Etherington
August 26, 2019
TechCrunch
Y Combinator-backed startup Astranis is now set to launch its first commercial telecommunication satellite aboard a Falcon 9 rocket, with a launch time frame currently set for sometime starting in the fourth quarter of next year. Astranis aims to address the market of people who don't currently have broadband internet access, which is still a [...]

References