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.
- Website
- stokespace.com
- Registered Address
- Renton, Washington
Key Metrics
Founded Year
2019
Location
Kent, United States
Stage
Series D
Total Funding
$1.34B in 10 rounds
Latest Funding Round
Post Money Valuation
$2B as on Sep 23, 2025
Ranked
7th among 171 active competitors
Employee Count
397 as on May 31, 2026
Similar Companies
Legal entities associated with Stoke
Stoke is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Stoke Space Technologies, Inc. CIN: 197695993 , United States, Active | Jun 01, 2022 | - | - | - |
STOKE Space Technologies, Inc. CIN: 84-3147790 , Belgium, Active | Dec 31, 2017 | - | 30 (As on Dec 31, 2021) | - |
STOKE SPACE TECHNOLOGIES CIN: 843147790 , United States, Active | Dec 31, 1999 | - | 171 (As on Dec 31, 2024) | - |
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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:
Filter 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 | - | - | - |
View details of Stoke's funding rounds and investors
Stoke's founders and board of directors
Founder? Claim ProfileThe founders of Stoke is Andy Lapsa. Andy Lapsa is the CEO of Stoke.
Here are the details of Stoke's key team members:
- Andy Lapsa: Co-Founder & CEO of Stoke and founder of 1 other company. Contact Info: 2 email addresses
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 |
View details of Stoke's Founder profiles and Board Members
Stoke's employee count trend
Stoke has 397 employees as of May 26. Here is Stoke's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Series J | Provider of advanced aerospace and space transportation services | $11.9B | 78/100 | |
2nd | Developer of on-demand launch vehicles for small satellite deployment services | $160M | 74/100 | ||
3rd | 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 | Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 69/100 | |
5th | Provider of customized orbital launch vehicles and private space missions | $75.5M | 69/100 | ||
6th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
7th | Stoke 2019, Kent (United States), Series D | Manufacturer of reusable launch vehicles | $1.34B | 65/100 | |
8th | Isar Aerospace Technologies 2018, Munich (Germany), Series D | Manufacturer of launch vehicles for small payloads | $594M | 64/100 | |
9th | The Exploration 2021, Planegg (Germany), Series B | Developer of reusable space vehicles for cargo transport to space stations | $210M | 63/100 | |
10th | 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
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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Global Sam Altman Explored Deal to Build Competitor to Elon Musk’s SpaceXLivemint•Dec 04, 2025•Stoke, SpaceX
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Stoke Space developing Nova Rocket for frequent, low-cost space launchesInternational Finance•Nov 08, 2025•Stoke
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Stoke Space eyes strengthening US’ rocket launch capabilitiesInternational Finance•Nov 07, 2025•Usitfund, Stoke, Washington Harbour Partners, General Innovation Capital Partners
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Stoke Space raises $510 millionSpaceNews•Oct 09, 2025•Stoke, SVB, Rocketcenter, Legendary Entertainment and 2 others
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KEZAD inks 50-year deal with StockSpace and Axione for new warehousePort Technology•Jun 27, 2025•KEZAD Group, Stoke, Axione
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