Apex - About the company
Apex is a series D company based in Los Angeles (United States), founded in 2022 by Maximilian Benassi and Ian Cinnamon. It operates as a Manufacturer of configurable satellite platforms designed for various mission requirements. Apex has raised $718M in funding from investors like Andreessen Horowitz, CRV and Glade Brook Capital, with a current valuation of $2.3B. The company has 218 active competitors, including 35 funded and 19 that have exited. Its top competitors include companies like Paras Defence & Space Technologies, Terran Orbital and ReOrbit.
Sectors and market segments that Apex operate in
Apex serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of Apex is:Company Details
Manufacturer of configurable satellite platforms designed for various mission requirements. The company offers productized bus platforms to increase reliability and accelerate mission timelines. These platforms are designed with built-in configurability to meet specific mission needs. The company focuses on speed and scale to support faster time-to-orbit. End-to-end mission services are available to simplify the path to orbit.
- Website
- www.apexspace.com/
- Social
Key Metrics
Founded Year
2022
Location
Los Angeles, United States
Stage
Series D
Total Funding
$718M in 6 rounds
Latest Funding Round
Post Money Valuation
$2.3B as on Jun 05, 2026
Investors
Ranked
3rd among 218 active competitors
Employee Count
399 as on Aug 31, 2026
Similar Companies
Legal entities associated with Apex
Apex is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
APEX TECHNOLOGY, INC. CIN: 593390682 , United States, Active | Dec 31, 1999 | - | 35 (As on Dec 31, 2015) | - |
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Apex's funding and investors
Apex has raised a total funding of $718M over 6 rounds. Its first funding round was on Oct 24, 2022. Its latest funding round was a Series D round on Apr 10, 2026 for $200M. 2 investors participated in its latest round. Apex has 25 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Apex:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 10, 2026 | $200M | Series D | - | - | ||
Aug 29, 2025 | $200M | Series D | $1B | - | ||
Apr 16, 2025 | $200M | Series C | - | - |
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Apex's founders and board of directors
Founder? Claim ProfileHere are the details of Apex's key team members:
- Maximilian Benassi: Co-Founder & CTO of Apex. They serve on the board of 1 company.Contact Info: 1 email address
- Ian Cinnamon: Co-Founder & CEO of Apex. They serve on the board of 1 company.Contact Info: 1 email address
Apex's Board of Directors
Apex's board has 4 active members. Maximilian Benassi, Ian Cinnamon, Katherine Boyle and Chris Morales are independent board members.Here is the list of Apex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 2m | |
Independent board member | - | Current | 3y 10m | |
Independent board member | - | Current | 3y 2m | |
Independent board member | - | Current | 1y 4m |
View details of Apex's Founder profiles and Board Members
Apex's employee count trend
Apex has 399 employees as of Aug 26. Here is Apex's employee count trend over the years:
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Apex's Competitors and alternates
Top competitors of Apex include Paras Defence & Space Technologies, Terran Orbital and ReOrbit. Here is the list of Top 10 competitors of Apex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public | Company offering wide range of defence products & solutions | $4.57M | 73/100 | |
2nd | Terran Orbital 2013, Irvine (United States), Acquired | Provider of hardware for satellites | $144M | 73/100 | |
3rd |  Apex 2022, Los Angeles (United States), Series D | Manufacturer of configurable satellite platforms designed for various mission requirements | $718M | 66/100 | |
4th | Manufacturer of sovereign satellites and connected systems for national security | $60.2M | 66/100 | ||
5th | Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions | $7.22M | 62/100 | ||
6th |  Quantum Space 2022, Rockville (United States), Series A | Developer of maneuverable spacecraft for defense and commercial on-orbit missions | $57M | 60/100 | |
7th | NaraSpace 2015, Busan (South Korea), Public | Manufacturer of nano satellites | $24.3M | 60/100 | |
8th | Sophia Space 2025, Pasadena (United States), Seed | Developer of orbital compute and data centers powered by solar energy | $22M | 60/100 | |
9th | NanoAvionics 2014, Vilnius (Lithuania), Acquired | Developer of nano-satellite buses | - | 60/100 | |
10th | Satellite manufacturer and space-service provider building software-defined satellites | $167M | 60/100 |
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Apex's Investments and acquisitions
Apex has made no investments or acquisitions yet.
Reports related to Apex
Here is the latest report on Apex's sector:
News related to Apex
Filter this listMedia has covered Apex for a total of 9 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Elveo Mobile and Apex Space Partner for Direct-to-Device Satellite ProductionTelecompaper•Sep 14, 2026•Apex, Elveo
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Apex Technology Files for Exempt Offering to Raise Over $156 Million in New Fundingintelligence360•Aug 04, 2026•Apex
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Sophia Space Taps Apex for Satellite Bus to Enable Real-Time Orbital ComputingPR Newswire•Jun 23, 2026•Sophia Space, Apex
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Apex Raises $200M At $2.3B ValuationPayload•Jun 05, 2026•Glade Brook Capital, Apex, Washington Harbour Partners
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Apex to develop larger satellites for missile defense, space-based computingSpaceNews•Apr 09, 2026•Apex
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Apex Secures $200 Million Series D Funding to Boost Spacecraft Productionintelligence360•Oct 06, 2025•Apex
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Apex Raises $200M in Series D at $1B+ Valuation, Led by Andreessen Horowitz and Point72 VenturesCaproasia•Sep 13, 2025•Apex, Andreessen Horowitz, Point72 Ventures, 8VC and 5 others
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