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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 189 active competitors, including 33 funded and 18 that have exited. Its top competitors include companies like Terran Orbital, Dhruva Space 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.
Social
X
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
Ranked
Employee Count
304 as on Mar 31, 2026
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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 24 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Apex:lockFilter this list
Date 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 Profile
The founders of Apex are Maximilian Benassi and Ian Cinnamon. Ian Cinnamon is the CEO of Apex.
Here are the details of Apex's key team members:

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 0m
Independent board member
-
Current
3y 8m
Independent board member
-
Current
3y 0m
Independent board member
-
Current
1y 2m

Apex's employee count trend

Apex has 304 employees as of Mar 26. Here is Apex's employee count trend over the years:
Employee count trend for Apex
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Apex's Competitors and alternates

Top competitors of Apex include Terran Orbital, Dhruva Space and ReOrbit. Here is the list of Top 10 competitors of Apex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Terran Orbital
Terran Orbital
2013, Irvine (United States), Acquired
Provider of hardware for satellites
$144M
73/100
2nd
Logo for Dhruva Space
Dhruva Space
2012, Hyderabad (India), Series A
Provider of full-stack space engineering solutions, satellite platforms, and launch services
$21.4M
66/100
3rd
Logo for Apex
Apex
2022, Los Angeles (United States), Series D
Manufacturer of configurable satellite platforms designed for various mission requirements
$718M
66/100
4th
Logo for ReOrbit
ReOrbit
2019, Helsinki (Finland), Series A
Manufacturer of sovereign satellites and connected systems for national security
$60.2M
66/100
5th
Logo for XDLINX
XDLINX
2022, Hyderabad (India), Seed
Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions
$7.22M
62/100
6th
Logo for Sophia Space
Sophia Space
2025, Pasadena (United States), Seed
Developer of orbital compute and data centers powered by solar energy
$22M
60/100
7th
Logo for NaraSpace
NaraSpace
2015, Busan (South Korea), Public
Manufacturer of nano satellites
$24.3M
60/100
8th
Logo for Quantum Space
Quantum Space
2022, Rockville (United States), Series A
Developer of maneuverable spacecraft for defense and commercial on-orbit missions
$57M
60/100
9th
Logo for NanoAvionics
NanoAvionics
2014, Vilnius (Lithuania), Acquired
Developer of nano-satellite buses
-
60/100
10th
Logo for EnduroSat
EnduroSat
2015, Sofia (Bulgaria), Series B
Manufacturer of small satellite platforms, components, and related space services
$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:

News related to Apex

lockFilter this list
Media has covered Apex for a total of 9 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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