# SkySpecs funding: rounds and investors

> SkySpecs has raised $32M across 5 rounds since 2013. Investors include Huron River Ventures, Techstars and National Science Foundation.

Source: https://millionrounds.com/company/skyspecs (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *SkySpecs*

5 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Manufacturing Software

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Funding summary Updated 5 Nov 2026

**$32M** raised across 5 rounds since 2013, from 5 sources

**$8.0M** Series B **$20M** Growth

- **Latest round:** Growth, $20M Mar 2025
- **Step-up i:** 2.5×
- **Investors:** 14

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023 2025

**$305K** Debt

**$595K** Round

**$3.0M** Series A

**$8.0M** Series B

**$20M** Growth

- **First round:** Debt, $305K
- **Biggest round:** $20M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Mar 2025** Growth **$20M** *8 new* [Techstars](https://millionrounds.com/fund/techstars) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [Goldman Sachs Assetmanagement](https://millionrounds.com/fund/goldman-sachs-asse) [Equinor Ventures](https://millionrounds.com/fund/equinor-ventures) [Statkraft Ventures](https://millionrounds.com/fund/statkraft-ventures) Reported by AlleyWatch SEC filing: $10M sold, first sale Mar 2025
- **Jan 2018** Series B **$8.0M** *3 new* *1 returning* [Venture Investors](https://millionrounds.com/fund/venture-investors-health-fund) [Huron River Ventures](https://millionrounds.com/fund/huron-river-ventures) [Capital Midwest](https://millionrounds.com/fund/capital-midwest-fund) Statkraft Ventures/ UL Reported by FinSMEs SEC filing: $8.8M sold, first sale Dec 2017
- **Nov 2015** Series A **$3.0M** *3 new* [Huron River Ventures](https://millionrounds.com/fund/huron-river-ventures) [Invest Michigan](https://millionrounds.com/fund/invest-michigan) Jim Adox From a historical funding record SEC filing: $3.7M sold, first sale Nov 2015
- **Aug 2013** Round **$595K** No investor was named in the report. From a historical funding record SEC filing: $305K sold, first sale Jul 2013
- **Aug 2013** Debt **$305K** No investor was named in the report. Reported by sec.gov SEC filing: $305K sold, first sale Jul 2013

## Funding filed with regulators

SkySpecs filed 9 raises, $127M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2025 **$10M** 14 investors of $20M offered SEC Form D
- Apr 2022 **$80M** 20 investors equity, securities on exercise SEC Form D
- Feb 2021 **$10M** 16 investors equity of $10M offered SEC Form D
- Nov 2019 **$13M** 16 investors equity of $17M offered SEC Form D
- Dec 2017 **$8.8M** 25 investors equity SEC Form D
- Jun 2017 **$574K** 8 investors debt, securities on exercise of $2.0M offered SEC Form D
- Nov 2015 **$3.7M** 41 investors equity of $4.1M offered SEC Form D
- Jul 2013 **$480K** 23 investors debt, securities on exercise of $800K offered SEC Form D
- Jan 2013 **$25K** 1 investor debt SEC Form D

## Founders and team

From SkySpecs's own website: 2 founders, 1 on the team.

**Jonathan Bendes** CIO, Co-founder

**Sam DeBruin** CRO, Co-founder

- **Michael McQueenie** Sales Director, Europe

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2013 **Round** 2013 **Series A** 2015 **Series B** 2018 **Growth** 2025 [Huron River Ventures](https://millionrounds.com/fund/huron-river-ventures) [Techstars](https://millionrounds.com/fund/techstars) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [Venture Investors](https://millionrounds.com/fund/venture-investors-health-fund) [Goldman Sachs Assetmanagement](https://millionrounds.com/fund/goldman-sachs-asse) [Equinor Ventures](https://millionrounds.com/fund/equinor-ventures) [Capital Midwest](https://millionrounds.com/fund/capital-midwest-fund)

## Everyone who backed them

[Huron River Ventures](https://millionrounds.com/fund/huron-river-ventures) VC firm **2** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Bossa Invest](https://millionrounds.com/fund/bossa-invest) VC firm **1** round

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round

[Venture Investors](https://millionrounds.com/fund/venture-investors-health-fund) VC firm **1** round

[Goldman Sachs Assetmanagement](https://millionrounds.com/fund/goldman-sachs-asse) VC firm **1** round

[Equinor Ventures](https://millionrounds.com/fund/equinor-ventures) Corporate VC **1** round

[Capital Midwest](https://millionrounds.com/fund/capital-midwest-fund) VC firm **1** round

[Statkraft Ventures](https://millionrounds.com/fund/statkraft-ventures) Corporate VC **1** round

[Invest Michigan](https://millionrounds.com/fund/invest-michigan) VC firm **1** round

Jim Adox no record of our own yet **1** round

Statkraft Ventures/ UL no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=skyspecs).

## Also claim to have backed them

These 5 firms list SkySpecs as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Michigan Angel Fund](https://millionrounds.com/fund/michigan-angel-fund) Angel network Per its own site

[Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) Corporate VC Per its own site

[McRock Capital](https://millionrounds.com/fund/mcrock-capital) VC firm Per its own site

[Dakota Venture Group](https://millionrounds.com/fund/dakota-venture-group) VC firm Per its own site

[ID Ventures](https://millionrounds.com/fund/id-ventures) VC firm Per its own site

## Quick answers about SkySpecs

### Who invested in SkySpecs?

SkySpecs's investors include Huron River Ventures, Techstars, National Science Foundation, Bossa Invest and Endeavor Catalyst, and 9 more on record.

### How much has SkySpecs raised?

SkySpecs has raised $32M across 5 rounds since 2013.

### When did SkySpecs last raise?

SkySpecs's most recent round was a Growth of $20M in Mar 2025.

### What was SkySpecs's biggest round?

Its most recent round, $20M in Mar 2025, is also its largest on record.

### Who backed SkySpecs first?

SkySpecs's first round on record, in Nov 2015, was backed by Huron River Ventures, Invest Michigan and Jim Adox.

### What stage is SkySpecs at?

SkySpecs's latest named round is a Growth, in Mar 2025.

### Where is SkySpecs based?

SkySpecs is based in the United States.

## Companies like SkySpecs

In the same sector, and raised in the last eighteen months.

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