About GSBackers
GSBackers is a venture capital firm founded in 2021. It is primarily based out of San Francisco, United States. As of May 2026, GSBackers is an active investor, having invested in 12 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Aerospace, Maritime and Defense Tech. Most recently it participated in the $***** Series B round of Corgi Overall, GSBackers portfolio has seen 3 unicorns, namely Loft Orbital, Apex and Corgi. A lot of funds co-invest with GSBackers, with names like 8VC sharing a substantial percentage of its portfolio. GSBackers has team of 1 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Soonicorns
GSBackers' List of Top Investments
GSBackers has a portfolio of 12 companies, including 3 unicorns. Their most notable investments are in Spot Technologies and Guidewheel.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Aerospace, Maritime and Defense Tech and 9 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by GSBackers:
1. Loft Orbital
Provider of space mission launch services. It offers microsatellite launching services. It includes platform manufacturing and integration, standard interfaces installation, launch booking and integration, regulatory compliance and licensing, and insurance. It also provides commissioning and routine operations through its global ground station partners. Its satellite operation dashboard enables payload tasking and access to data in near-real-time.
Key facts about Loft Orbital
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $330M
- Employee Count: 336 as on Mar 31, 2026
- Investors: Foundation Capital, Flucas Ventures and 41 Others
- Latest Funding Round: Series C, Jan 15, 2025, $*****
- Highlight: Editors' Pick
2. Apex
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.
Key facts about Apex
- Founded Year: 2022
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $718M
- Employee Count: 304 as on Mar 31, 2026
- Investors: Glynn Capital, CRV and 23 Others
- Latest Funding Round: Series D, Jun 05, 2026, $*****
- Highlight: Editors' Pick
3. Cambium
Key facts about Cambium
- Founded Year: 2019
- Location: Mojave (United States)
- Stage: Series B
- Total Funding till date: $127M
- Employee Count: 66 as on Jun 30, 2026
- Investors: MVP Ventures, Vanderbilt University and 15 Others
- Latest Funding Round: Series B, Jan 05, 2026, $*****
- Highlight: Editors' Pick
4. Guidewheel
Key facts about Guidewheel
- Founded Year: 2017
- Location: Oakland (United States)
- Stage: Series B
- Total Funding till date: $48M
- Employee Count: 101 as on Jun 30, 2026
- Investors: Greycroft, Indicator Fund and 13 Others
- Latest Funding Round: Series B, Aug 13, 2024, $*****
- Highlight: Editors' Pick
5. Fourier
Key facts about Fourier
- Founded Year: 2022
- Location: Palo Alto (United States)
- Stage: Series A
- Total Funding till date: $18.5M
- Employee Count: 52 as on Jun 30, 2026
- Investors: General Catalyst, Airbus Ventures and 5 Others
- Latest Funding Round: Series A, 2024, $*****
- Highlight: Editors' Pick
GSBackers' Year-on-Year Investment Trends
GSBackers has invested in 12 companies over the last 3 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 5 investments, while as of May 2026, it has made 5 investments in this year. Its most recent first time investment was in Picogrid and most recent follow-on round was in Corgi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 3 | 2 | 5 |
2024 | 4 | 0 | 4 |
2023 | 1 | 0 | 1 |
GSBackers' Investments by Stage
GSBackers has made 5 investments in Series A stage with an average round size of $30.6M, 4 investments in Series B stage with an average round size of $96.5M, 2 investments in Series C stage with an average round size of $100M and 1 investment in Conventional Debt stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series B | 4 |
Series C | 2 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
GSBackers' Investments by Sector
GSBackers has a diverse portfolio, with companies operating in the High Tech, Aerospace, Maritime and Defense Tech, Enterprise Applications, Aerospace, Maritime and Defense and Industrial Goods and Manufacturing. Notably, it has invested in 11 Tech companies, 9 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 6 |
Aerospace, Maritime and Defense Tech | 4 |
Enterprise Applications | 4 |
Aerospace, Maritime and Defense | 2 |
Industrial Goods and Manufacturing | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
GSBackers' Investments by Geography
GSBackers has made most investments in United States (11).GSBackers' recent investments
GSBackers has made 5 investments in 2026 so far. Corgi and Picogrid are the latest among them.Here are the most recent investments by GSBackers:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 28, 2026 | United States | Series B | 4156 | [+12] | |
Apr 24, 2026 | United States | Series A | 7774 | ||
Apr 13, 2026 | United States | Series A | 9693 | ||
Apr 06, 2026 | United States | Series B | 9410 | [+15] | |
Jan 27, 2026 | United States | Series B | 1289 |
Unicorns in GSBackers' Portfolio
GSBackers has 3 unicorns in its portfolio - Corgi, Apex and Loft Orbital. The most recent unicorn in their portfolio is Corgi. It became a unicorn in 2026.Here is a list of unicorns in GSBackers' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of automated insurance coverage for technology and software companies | 2024 | San Francisco | Series B | gbiuhau | ||
66 | Manufacturer of configurable satellite platforms designed for various mission requirements | 2022 | Los Angeles | Series D | xfqzqye | ||
68 | Provider of space mission launch services | 2016 | San Francisco | Series C | lsmr{{n |
Team profile of GSBackers
GSBackers has a team of 1 member located in United States. GSBackers' team does not sit on the board of any company as of now.Co-investors of GSBackers
Over the past 3 years, 154 investors have co-invested in GSBackers's portfolio companies. This includes funds and angels.
- Invested before GSBackers: Andreessen Horowitz, Alumni Ventures and 65 others have invested in rounds before GSBackers. There are 2 companies where Andreessen Horowitz has invested before GSBackers and 2 companies where Alumni Ventures has invested before GSBackers.
- Top Co-investors of GSBackers: 73 investors entered a company along with GSBackers. These include investors like 8VC (2 companies).
- Invested after GSBackers: A total of 14 investors have invested in GSBackers's portfolio after their investments. Top Investors include Washington Harbour Partners (1 company), StepStone Group (1 company) and Interlagos (1 company).
Recent News related to GSBackers
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AI Insurance Platform Corgi Valued at $2.6B in Funding RoundInsurance Journal•Jun 01, 2026•TCV, Vocal Ventures, Leblon Capital, Repeat Ventures and 5 others
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Picogrid Raises $45M Series A to Build the Open Integration Layer for Modern Defenseintelligence360•May 29, 2026•Credo Ventures, Alumni Ventures, GSBackers, Picogrid and 4 others
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Picogrid Secures $45 Million Series A Funding to Revolutionize Defense IntegrationBenzinga•May 29, 2026•Picogrid, Bessemer Venture Partners, GSBackers, Initialized Capital and 4 others
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TCV leads $160m round for insurance startup CorgiTech in Asia•May 07, 2026•Notion, Corgi, TCV, Kindred Ventures and 18 others
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Ultralight Raises $9.3M to Launch AI-Native Operating System for HealthcareHIT Consultant•Apr 14, 2026•Wisdom Ventures, The General Partnership, Ultralight, GSBackers and 3 others
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Hermeus raises $350M at $1B valuationSiliconAngle•Apr 08, 2026•Hermeus, Khosla Ventures, RTX, Bling Capital and 14 others
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Starcloud Raises $170M Series A at $1.1bn Valuation Led by Benchmark and EQT VenturesBakersfield•Mar 30, 2026•Star Cloud, Benchmark Computer Solutions, EQT, Benchmark and 18 others
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Luxury Presence Closes $22M Series CMassinvestor•Jan 08, 2026•Luxury Presence, TPC Group, J P Morgan, NextEquity Partners and 3 others
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Advanced Materials Developer Cambium Secures $100 Million in Series B Funding Led by 8VCDefense Daily•Jan 06, 2026•Lockheed Martin, Cambium Networks, , JAC Capital and 14 others
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Realta Fusion Secures $36 Million in Series A Fundingintelligence360•May 23, 2025•Realta Fusion, Future Ventures, Khosla Ventures, Mayfield and 5 others
