What is Spacelift?
Based out of Redwood City, California, Spacelift operates as a software logistics solutions company and provides a continuous integration and deployment (CI/CD) platform. The company aims to streamline the complexities of software delivery pipelines, enabling development teams to deploy applications more efficiently and reliably. Spacelift's platform is designed to manage infrastructure as code, automate deployments, and ensure security and compliance throughout the software development lifecycle.
How much funding has Spacelift raised?
Spacelift has raised a total of $73.6M across 4 funding rounds:
Other Financing Round
$1.6M
Series A
$6M
Series B
$15M
Series C
$51M
Other Financing Round (2020): $1.6M with participation from Hoxton Ventures LLP and Inovo Venture Fund
Series A (2021): $6M led by Inovo, Blossom Capital Ltd, and Hoxton Ventures LLP
Series B (2021): $15M supported by Insight Partners
Series C (2025): $51M featuring Five Elms Capital, Inovo, and Endeavor Catalyst
Key Investors in Spacelift
Five Elms Capital
Five Elms Capital is a leading software investment firm focused on partnering with passionate B2B software founders. With over $3 billion in assets under management, they provide flexible capital solutions ranging from $15 to $150+ million, supporting both founder liquidity and growth capital. The firm emphasizes operational value creation and cultural alignment, helping software companies accelerate growth and build category leaders. Their portfolio includes a diverse range of active companies, showcasing their commitment to investing in must-have products that solve customer pain points.
Inovo
Inovo is a seed-stage venture capital firm that supports ambitious founders from Central and Eastern Europe (CEE) who aim for substantial company growth, including revenues exceeding 100 million. They invest between 0.5 million to 4 million euros and focus on multi-vertical industries. Inovo values innovation and courage in entrepreneurs, providing resources to aid their growth and success. They cater specifically to startups in the CEE region and its diaspora, encouraging bold ideas and visions.
Endeavor Catalyst
Endeavor Catalyst invests alongside qualified, lead investors in Endeavor Entrepreneurs through a rules-based process. Endeavor Catalyst is an innovative co-investment vehicle designed to support Endeavor Entrepreneurs with their equity financing rounds and contribute to the long-term sustainability of Endeavor.
What's next for Spacelift?
The substantial enterprise-level funding, including a recent strategic investment, positions Spacelift for accelerated growth and market expansion. This capital is expected to fuel product development, enhance engineering capabilities, and broaden the company's go-to-market strategy. Spacelift is poised to further solidify its position as a leader in the CI/CD and software logistics space, potentially exploring new integrations and enterprise-grade features to meet the evolving demands of modern software development.
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