Spaceit

Tartu, Estonia Founded: 2015 • Age: 11 yrs
Cloud-based mission control solutions for satellite ground stations are provided.
Annual revenue $205,189 Latest available
Total funding $1.2M 4 rounds
Employees 7 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Spaceit

Spaceit is a company based in Tartu (Estonia) founded in 2015 by Mihkel Jalakas. Spaceit has raised $1.18 million across 4 funding rounds from investors including European Union, Icebreaker.vc and EIC Fund. The company has 7 employees as of September 30, 2024. Spaceit operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Metaswitch and Weave, among others.

  • Headquarter Tartu, Estonia
  • Employees 7 as on 30 Sep, 2024
  • Founders Mihkel Jalakas
  • Sectors
    Aerospace, Defense & Maritime
    Telecommunications
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Spaceit Oü
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $205.19 K (USD)
    45
    as on Dec 31, 2022
  • Net Profit
    $77.84 K (USD)
    344
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $1.18 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.18 M (USD), Seed

    Aug 10, 2021

  • Investors
  • Employee Count
    7

    as on Sep 30, 2024

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People of Spaceit

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Ivalo Pajumets
Software Developer
People
Joosep Sisas
Software Engineer
People
Silver Lodi
CEO, Co-Founder
People
Marko Kurm
Software Developer

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Funding Insights of Spaceit

Spaceit has successfully raised a total of $1.18M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.18 million completed in August 2021. 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.

Investors in Spaceit

Spaceit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Icebreaker.vc and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed and early-stage tech investments are targeted in Finland.
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Spaceit

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Spaceit

Investments
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Investment portfolio details for Spaceit

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  • Transaction dates
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Financial Statements - Spaceit

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Detailed financials for Spaceit

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  • Profit trends
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Spaceit Comparisons

Spaceit Primary company
Description
Cloud-based mission control solutions for satellite ground s...
Location
Tartu, Estonia
Founded Year
2015
Annual Revenue
$205.19 K (USD)
Net Profit
$77.84 K (USD)
EBITDA
Not available
Employees
7
As of 2024
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Peer comparison for Spaceit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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  • Operating benchmarks

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Competitors of Spaceit

Spaceit 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 RingCentral, Dialpad, Fuze, Metaswitch and Weave, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based unified communication solutions are offered to diverse sectors.
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Cloud-based unified communication solutions including voice and video are provided.
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Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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SoftSwitch and VOIP solutions are provided for cloud-based communication networks.
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Omnichannel software is delivered for customer engagement in healthcare businesses.
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An AI platform is utilized for connecting employees across organizations.
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Detailed competitors of Spaceit

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  • Domains and locations
  • Full company profiles
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Latest news on Spaceit

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Complete news archive for Spaceit

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  • Brand-specific news history

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Frequently Asked Questions about Spaceit

Spaceit was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Spaceit is headquartered in Tartu, Estonia.

Silver Lodi is the current CEO of Spaceit.

Spaceit is a funded company, having raised a total of $1.18M across 4 funding rounds to date.

As of Sep 30, 2024, the latest employee count at Spaceit is 7.

Annual revenue of Spaceit is $205.19K as on Dec 31, 2022.

Spaceit was founded in 2015 in Tartu, Estonia, focusing on the space technology sector. Cloud-based software is offered to enable satellite telemetry viewing via mobile devices. Mission control services are provided, granting access to a global network of ground stations. Professional satellite control and consultation are available, alongside brokerage for ground stations that connects operators with providers. Assistance is given in sourcing, purchasing, and selling radio communication systems.

Spaceit's top competitors include Dialpad, RingCentral and Weave.

Spaceit has 3 investors. Key investors include European Union, Icebreaker.vc, and EIC Fund.

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