FundedIQ
Hardware

EnduroSat: Funding, Investors & Team (Sep 2026)

EnduroSat creates and develops spacecraft for commercial use and missions to explore outer space. The company specializes in swarm and constellation satellite technology, offering tailored satellite solutions and comprehensive support services for all stages of a mission.

www.endurosat.com LinkedIn Sofia, Bulgaria 101-250 employees
Aerospace Satellite Communication Software B2B
Total raised
$163M
Rounds
4
Latest
Undisclosed round
Nov 2025

EnduroSat has raised $163M across 4 funding rounds on record, the most recent an undisclosed round of $104M announced in Nov 2025.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

EnduroSat Company Profile and Key Stats

Total funding raised
$163M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Undisclosed round
$104M in Nov 2025
Employees
101-250
reported band
Headquarters
Sofia, Bulgaria

Latest funding round on record: Nov 2025.

EnduroSat Funding Rounds

Date
Round
Amount
Undisclosed round
$104M
Series B
$49.0M
Undisclosed round
Undisclosed
Series A
$10.0M

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

EnduroSat raised $10.0M in a Series A announced in May 2023.

1.8 years later, an undisclosed round was announced in Feb 2025 with no disclosed amount.

3 months later, a Series B of $49.0M was announced in May 2025.

6 months later, an undisclosed round of $104M was announced in Nov 2025.

EnduroSat Founders and Leadership Team

Name
Role
Contact
Raycho Raychev
Founder
Locked
Stanimir Gantchev
Founder
Locked
Paul "Rusty" Thomas
CEO
Locked

Contact details for the EnduroSat team: 3 of 3 have an email address on file, 1 has a LinkedIn profile.

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EnduroSat Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
43
$4.9M

EnduroSat's latest round of $104M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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EnduroSat Funding FAQs

What does EnduroSat do?

EnduroSat creates and develops spacecraft for commercial use and missions to explore outer space. The company specializes in swarm and constellation satellite technology, offering tailored satellite solutions and comprehensive support services for all stages of a mission.

How much funding has EnduroSat raised?

EnduroSat has raised $163M across 4 rounds on record. The most recent is an undisclosed round of $104M announced in Nov 2025.

When did EnduroSat last raise funding?

EnduroSat's most recent funding round on record is an undisclosed round of $104M, announced in Nov 2025.

Who founded EnduroSat?

FundedIQ lists Raycho Raychev (Founder), Stanimir Gantchev (Founder) at EnduroSat.

Who is the CEO of EnduroSat?

Paul "Rusty" Thomas is listed as CEO at EnduroSat.

Where is EnduroSat headquartered?

EnduroSat is based in Sofia, Grad Sofiya, Bulgaria.

How many employees does EnduroSat have?

EnduroSat is in the 101-250 employee band.

How does EnduroSat's funding compare to other Hardware startups?

EnduroSat's latest round of $104M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's EnduroSat Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for EnduroSat is left off this page rather than filled in.

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