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Benchmark Space Systems

Benchmark Space Systems

Private
Burlington, VermontFrontier & Industrial Techhttps://www.benchmarkspacesystems.com/

Last Round

Early Stage

VC

May 26, 2026

Total Funding Raised

$81.34M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Benchmark Space Systems is an aerospace company that develops and manufactures advanced in-space propulsion and logistics solutions for small satellites.

Sector

Frontier & Industrial Tech

Verticals

Space Technology, Defense Tech

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Application

Keywords

propulsion systemssmall satellite propulsionorbital logisticsspace tugin-space mobilitychemical propulsionelectric propulsionmobility as a serviceMaaSguidance navigation and controlGNCsatellite maneuveringspace logisticslast-mile deliverycollision avoidancespacecraft autonomydefense aerospace

Historical Pricing

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Caplight Momentum Score

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Benchmark Space Systems Comparables

Compare Benchmark Space Systems with similar companies based on industry and business-model similarity.

Benchmark Space Systems comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Pale Blue Inc.
87%
ThrustMe
86%
Revolution Space
86%

Benchmark Space Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early Stage VCMay 26, 2026
Series BAug 8, 2023
Series BJun 22, 2023
Series AFeb 7, 2022
Series AMar 19, 2021
Grant
Jun 17, 2019

Key People

Founding team and executive leadership

Ryan McDevitt

Co-Founder And CTO

Founding Team

Wesley Grove

Chief Operating Officer, Chief Executive Officer

Executive Team

Brad Morrison

Chief Financial Officer

Executive Team

Matthew Shea

Chief Product Officer

Executive Team

Benchmark Space Systems Investors

Notable investors and investment history

Benchmark Space Systems investors
InvestorRounds
FreshTracks CapitalSeed, Series B
JHCapitalSeries B
Launch CapitalSeed
ThinkVermont Innovation ProgramGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 26, 2026

    Raised an early stage venture capital round.

  • Jun 30, 2025

    Wesley Grove promoted from COO to Chief Executive Officer.

Benchmark Space Systems Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Benchmark Space Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBurlington, Vermont
Employee Range62
Year Founded2017
Last FundingMay 26, 2026

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