About Albedo
Albedo is a company based in Austin (United States) founded in 2020 by AyJay Lasater, Winston Tri, and Topher Haddad.. Albedo has raised $96.13 million across 7 funding rounds from investors including Booz Allen Hamilton, Giant Steps Capital and Cubit Capital. The company has 22 employees as of December 31, 2022. Albedo offers products and services including Clarity-1 Satellite, Imagery API, and Cloud-Optimized GeoTIFFs. Albedo operates in a competitive market with competitors including Spire, Descartes Labs, Maxar Technologies, UrtheCast and Orbital Sidekick, among others.
- Headquarter Austin, United States
- Employees 22 as on 31 Dec, 2022
- Founders AyJay Lasater, Winston Tri, Topher Haddad
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Albedo Space Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$96.13 M (USD)
in 7 rounds
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Latest Funding Round
$3 M (USD), Series A
Aug 12, 2024
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Investors
Booz Allen Hamilton
& 18 more
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Employee Count
22
as on Dec 31, 2022
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Products & Services of Albedo
Albedo offers a comprehensive portfolio of products and services, including Clarity-1 Satellite, Imagery API, and Cloud-Optimized GeoTIFFs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Satellite for high-resolution earth observation and data collection.
API for tasking satellites and accessing archived imagery.
Streamlined imagery files for quick analysis and integration.
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Funding Insights of Albedo
Albedo has successfully raised a total of $96.13M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $3.0M
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First Round
First Round
(02 Feb 2021)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - Albedo | Valuation |
investors |
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| Oct, 2023 | Amount | Series A - Albedo | Valuation | Standard Industries | |
| Jun, 2023 | Amount | Series A - Albedo | Valuation | Climate Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Albedo
Albedo has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Booz Allen Hamilton, Giant Steps Capital and Cubit Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech startups are invested in across key sectors.
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Founded Year | Domain | Location | |
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Climate solutions are advanced via venture capital and startup acceleration.
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Founded Year | Domain | Location | |
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Shield Capital is focused on investing in early-stage technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Albedo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Albedo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Albedo Comparisons
Competitors of Albedo
Albedo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spire, Descartes Labs, Maxar Technologies, UrtheCast and Orbital Sidekick, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud, AI, and satellite-based data analytics solutions are developed.
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| domain | founded_year | HQ Location |
Earth satellite imagery solutions are provided for monitoring applications.
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| domain | founded_year | HQ Location |
AI and cloud-based satellite imaging services are provided globally.
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| domain | founded_year | HQ Location |
Satellite imagery and analytics services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Hyperspectral imaging and analysis solutions are developed for space-based monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Albedo
Frequently Asked Questions about Albedo
When was Albedo founded?
Albedo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Albedo located?
Albedo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Albedo?
Topher Haddad is the current CEO of Albedo. They have also founded this company.
Is Albedo a funded company?
Albedo is a funded company, having raised a total of $96.13M across 7 funding rounds to date.
How many employees does Albedo have?
As of Dec 31, 2022, the latest employee count at Albedo is 22.
What does Albedo do?
Albedo was founded in 2020 and is headquartered in Austin, United States. A platform combining cloud and satellite technology for imaging and mapping is operated. Satellite images are collected, analyzed, and stored for users in the geospatial sector. Services encompass image analytics, mapping applications, cloud storage solutions, and thermal imaging capabilities. Operations focus on enabling data management for various applications.
Who are the top competitors of Albedo?
Albedo's top competitors include Spire, Descartes Labs and Maxar Technologies.
What products or services does Albedo offer?
Albedo offers Clarity-1 Satellite, Imagery API, and Cloud-Optimized GeoTIFFs.
Who are Albedo's investors?
Albedo has 19 investors. Key investors include Booz Allen Hamilton, Giant Steps Capital, Cubit Capital, Bill Perkins, and Breakthrough Energy.