# Ursa Space Systems funding: rounds and investors

> Ursa Space Systems has raised $35M across 4 rounds since 2015. Investors include RRE Ventures, New Enterprise Associates and Paladin Capital Group.

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

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

# Who invested in *Ursa Space Systems*

4 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.

Big Data & Analytics Manufacturing

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$35M** raised across 4 rounds since 2015, from 4 sources

**$250K** Debt **$7.0M** Series A **$28M** Venture

- **Latest round:** Venture, $28M Jul 2026
- **Step-up i:** 4×
- **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.

2017 2019 2021 2023 2025

**$250K** Debt

**$7.0M** Series A

**?** Venture

**$28M** Venture

- **First round:** Debt, $250K
- **Biggest round:** $28M
- **Usual gap between rounds:** 23 months

## The rounds

- **Jul 2026** Venture **$28M** *3 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) Source recorded SEC filing: $28M sold
- **Aug 2025** Venture **Amount undisclosed** *2 new* *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) Source recorded
- **Oct 2017** Series A **$7.0M** *3 new* [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [S&P Global](https://millionrounds.com/fund/s-and-p-global) Paladin Capital Group/ NEA Reported by FinSMEs SEC filing: $6.9M sold, first sale Oct 2017
- **Nov 2015** Debt **$250K** No investor was named in the report. From a historical funding record SEC filing: $250K sold, first sale Oct 2015

## Founders and team

From Ursa Space Systems's own website: 2 founders, 1 on the team.

**Adam Maher** CEO & Co-founder

**Julie Baker** COO & Co-founder

- **Mark Snell** CFO

## 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** 2015 **Series A** 2017 **Venture** 2025 **Venture** 2026 [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) [S&P Global](https://millionrounds.com/fund/s-and-p-global) Paladin Capital Group/ NEA

## Everyone who backed them

[RRE Ventures](https://millionrounds.com/fund/rre-ventures) VC firm **3** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds

[Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) VC firm **2** rounds

[S&P Global](https://millionrounds.com/fund/s-and-p-global) Growth equity **1** round

Paladin Capital Group/ NEA 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=ursa-space-systems).

## Also claim to have backed them

These 2 firms list Ursa Space Systems 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.

[Razor's Edge Ventures](https://millionrounds.com/fund/razor-s-edge-ventures) Private equity Per its own site

[Razor's Edge](https://millionrounds.com/fund/razor-s-edge) VC firm Per its own site

## Quick answers about Ursa Space Systems

### Who invested in Ursa Space Systems?

Ursa Space Systems's investors include RRE Ventures, New Enterprise Associates, Paladin Capital Group, S&P Global and Paladin Capital Group/ NEA.

### How much has Ursa Space Systems raised?

Ursa Space Systems has raised $35M across 4 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Ursa Space Systems last raise?

Ursa Space Systems's most recent round was a Venture of $28M in Jul 2026.

### What was Ursa Space Systems's biggest round?

Its most recent round, $28M in Jul 2026, is also its largest on record.

### Who backed Ursa Space Systems first?

Ursa Space Systems's first round on record, in Oct 2017, was backed by RRE Ventures, S&P Global and Paladin Capital Group/ NEA.

### What stage is Ursa Space Systems at?

Ursa Space Systems's latest named round is a Venture, in Jul 2026.

### Where is Ursa Space Systems based?

Ursa Space Systems is based in the United States.

## Companies like Ursa Space Systems

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)

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