# Terran Orbital funding: rounds and investors

> Terran Orbital has raised $69M across 3 rounds since 2014. Investors include Goldman Sachs, Lockheed Martin and Marc Bell Capital. Every round with its source.

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

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

# Who invested in *Terran Orbital*

3 rounds we have observed, with the 5 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.

Aerospace & Space

Funding summary Updated 26 Oct 2026

**$69M** raised across 3 rounds since 2014, from 3 sources

**$36M** Series B **$33M** Round

- **Latest round:** Round, $33M Sept 2023
- **Biggest round:** $36M Series B · Aug 2018
- **Investors:** 5

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.

2014 2016 2018 2020 2022

**?** Venture

**$36M** Series B

**$33M** Round

- **First round:** Venture
- **Biggest round:** $36M
- **Usual gap between rounds:** 5.1 years

## The rounds

- **Sept 2023** Round **$33M** *2 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded
- **Aug 2018** Series B **$36M** *3 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Beach Point Capital managed funds Reported by FinSMEs SEC filing: $36M sold, first sale Jul 2018
- **Jul 2014** Venture **Amount undisclosed** *2 new* [Marc Bell Capital](https://millionrounds.com/fund/marc-bell-capital) Staton Capital From a historical funding record

## Founders and team

From Terran Orbital's own website and the SEC filings it signed: 10 on the team.

- **Peter Krauss** President & Chief Executive Officer
- **Bret Banfield** Senior Vice President, Engineering
- **Carl Couch** Vice President, Strategy & Business Development
- **Kwon Park** Vice President, Manufacturing Operations
- **Cheryl Paquete** SVP of Finance & Business Operations (CFO)
- **Jamin Brown** Chief Operating Officer
- **Gary A. Hobart** Executive Officer i
- **Marc H. Bell** Executive Officer, Director i
- **Marco A. Villa** Executive Officer i
- **Mathieu A. Riffel** Executive Officer i

On the board, as filed i *Daniel C. Staton* *Douglas L. Raaberg* *James C. LaChance* *Richard Y. Newton* *Stratton L. Sclavos* *Thomas E. Manion* *Tobi Y. Petrocelli*

## 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.

**Venture** 2014 **Series B** 2018 **Round** 2023 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Marc Bell Capital](https://millionrounds.com/fund/marc-bell-capital) Beach Point Capital managed funds Staton Capital

## Everyone who backed them

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **2** rounds

[Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **2** rounds

[Marc Bell Capital](https://millionrounds.com/fund/marc-bell-capital) Family office **1** round

Beach Point Capital managed funds no record of our own yet **1** round

Staton Capital 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=terran-orbital).

## Quick answers about Terran Orbital

### Who invested in Terran Orbital?

Terran Orbital's investors include Goldman Sachs, Lockheed Martin, Marc Bell Capital, Beach Point Capital managed funds and Staton Capital.

### How much has Terran Orbital raised?

Terran Orbital has raised $69M across 3 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Terran Orbital last raise?

Terran Orbital's most recent round was an Undisclosed round of $33M in Sept 2023.

### What was Terran Orbital's biggest round?

Terran Orbital's largest round on record is $36M (Series B), in Aug 2018.

### Who backed Terran Orbital first?

Terran Orbital's first round on record, in Jul 2014, was backed by Marc Bell Capital and Staton Capital.

### What stage is Terran Orbital at?

Terran Orbital's latest named round is an Undisclosed round, in Sept 2023.

### Where is Terran Orbital based?

Terran Orbital is based in the United States.

## Companies like Terran Orbital

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)[**Varda Space Industries** $438M · Oct 2026](https://millionrounds.com/company/varda-space-industries)[**Kapta Space** $29M · Oct 2026](https://millionrounds.com/company/kapta-space)

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