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Stoke - About the company

Stoke is a series D company based in Kent (United States), founded in 2019 by Andy Lapsa. It operates as a Manufacturer of reusable launch vehicles. Stoke has raised $1.34B in funding from investors like SVB, In-Q-Tel and NFX, with a current valuation of $2B. The company has 171 active competitors, including 58 funded and 10 that have exited. Its top competitors include companies like SpaceX, Skyroot and Firefly Aerospace.

Sectors and market segments that Stoke operate in

Stoke serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of Stoke is:

Company Details

Manufacturer of reusable launch vehicles. It provides users with a platform that designs and develops reusable rocket systems that can deeply satellite in their orbits. It also offers routine-based launching services to satellite operators.
Social
X
Registered Address
Renton, Washington
Key Metrics
Founded Year
2019
Location
Stage
Series D
Total Funding
$1.34B in 10 rounds
Latest Funding Round
Post Money Valuation
$2B as on Sep 23, 2025
Investors
Ranked
Employee Count
397 as on May 31, 2026
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Stoke's funding and investors

Stoke has raised a total funding of $1.34B over 10 rounds. Its first funding round was on Jun 01, 2020. Stoke has 35 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Stoke:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 06, 2026
$350M
Series D
-
-
-
-
Sep 23, 2025
$410M
Series D
$2B
-
Sep 23, 2025
$100M
Conventional Debt
-
-
-
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Stoke's founders and board of directors

Founder? Claim Profile
The founders of Stoke is Andy Lapsa. Andy Lapsa is the CEO of Stoke.
Here are the details of Stoke's key team members:

Stoke's Board of Directors

Stoke's board has 7 active members. Phil Harris, Christian Garcia, Kelly Hennig, Tom Feldman, Steve Angel, John Shaw and Andrew Lapsa are independent board members.
Here is the list of Stoke's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
1y 4m
Independent board member
-
Current
4y 5m
Independent board member
-
Current
1y 4m
Independent board member
-
Current
5y 0m
Independent board member
-
Current
1y 4m
Independent board member
-
Current
1y 4m
Independent board member
-
Current
5y 0m

Stoke's employee count trend

Stoke has 397 employees as of May 26. Here is Stoke's employee count trend over the years:
Employee count trend for Stoke
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Stoke's Competitors and alternates

Top competitors of Stoke include SpaceX, Skyroot and Firefly Aerospace. Here is the list of Top 10 competitors of Stoke, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SpaceX
SpaceX
2002, Hawthorne (United States), Series J
Provider of advanced aerospace and space transportation services
$11.9B
78/100
2nd
Logo for Skyroot
Skyroot
2018, Hyderabad (India), Series C
Developer of on-demand launch vehicles for small satellite deployment services
$160M
74/100
3rd
Logo for Firefly Aerospace
Firefly Aerospace
2014, Cedar Park (United States), Public
Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
$589M
70/100
4th
Logo for Rocket Lab
Rocket Lab
2006, Long Beach (United States), Public
Provider of launch services, spacecraft design, manufacturing, satellite components, and software
$288M
69/100
5th
Logo for AgniKul
AgniKul
2017, Chennai (India), Series C
Provider of customized orbital launch vehicles and private space missions
$75.5M
69/100
6th
Logo for Relativity Space
Relativity Space
2015, Inglewood (United States), Series E
Provider of AI-powered 3D printed launch vehicles for small payloads
$1.34B
65/100
7th
Logo for Stoke
Stoke
2019, Kent (United States), Series D
Manufacturer of reusable launch vehicles
$1.34B
65/100
8th
Logo for Isar Aerospace Technologies
Isar Aerospace Technologies
2018, Munich (Germany), Series D
Manufacturer of launch vehicles for small payloads
$594M
64/100
9th
Logo for The Exploration
The Exploration
2021, Planegg (Germany), Series B
Developer of reusable space vehicles for cargo transport to space stations
$210M
63/100
10th
Logo for Phantom Space
Phantom Space
2019, Tucson (United States), Series A
Provider of satellite manufacturing, launch services, and cloud data constellations
$37M
61/100
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Stoke's Investments and acquisitions

Stoke has made no investments or acquisitions yet.

Reports related to Stoke

Here is the latest report on Stoke's sector:

News related to Stoke

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Media has covered Stoke for a total of 8 events in the last 1 year, 3 of them have been about company updates.
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