Fundz

Astra Secures $10 Million In Series A Funding With A $30 Million Line Of Credit

PRIVATEOct 13, 2022

Amount Raised

$10 Million

Round Type

Series A

San FranciscoOtherInformation TechnologyHardwareAerospaceSatellite Communication

Description

Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.

Quick answer

Astra raised $10 Million in a Series A round, dated October 13, 2022. Astra is based in San Francisco, California, United States.

How much did Astra raise?
Astra raised $10 Million in a Series A round on October 13, 2022.
What does Astra do?
Astra offers an advanced bank-to-bank transfer technology for financial institutions, fintech startups, and enterprises.
Where is Astra based and how big is it?
Astra is based in San Francisco, California, United States. Fundz records about 160 employees.

Source: Fundz verified event record.

Who else raised in Hardware and Aerospace around the same time

Companies in the same sectors as Astra that raised within 45 days of this round, from Fundz verified event records.

  • York Space Systems raised an undisclosed amount on November 14, 2022.
  • AVEALTO raised $20M (Funding Round) on October 17, 2022.
  • Lilium GmbH raised $119M (Funding Round) on November 23, 2022.
  • Wytec International raised $50K on November 21, 2022.
  • Sonic Foundry raised $8.5M (Debt Financing) on November 21, 2022.
  • Fortius Metals raised $5M (Seed) on November 21, 2022.

Who to call at Astra, and when

A new round usually means Astra is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Astra raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Astra, from your own LinkedIn network

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Company Information

Company

Astra

Location

595 Pacific Ave

San Francisco, California, United States

About

Astra offers an advanced bank-to-bank transfer technology for financial institutions, fintech startups, and enterprises. Our transfer automation platform enables its customers to offer fast, programmatic transfers between their users’ network of accounts through rules-based routines. Astra’s proprietary, vertically integrated API allows developers to easily embed financial automation within their existing products.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Astra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.