Charter Space Raises $5M Seed

Charter Space, based in El Segundo, California, is a software-driven insurance brokerage startup that has raised $5 million in a seed funding round. This latest injection of capital brings the company's total funding to date to $8 million.

Investors

The round was led by Crystal Venture Partners, an insurance-focused investment firm. Additional participating investors include QED, Blank Ventures, Hustle Fund, and the investment syndicate Gaingels.

Charter Space Use of Funds

Charter Space plans to use the capital from this seed round to expand its sales organization and broaden its insurance product offerings. The company intends to develop coverage for specialized mission concepts including space-based nuclear power, lunar missions, and in-space servicing of spacecraft.

About Charter Space

Founded in 2023, the company was established by Yuk Chi Chan and Yukun Yin. Charter Space offers a software platform that integrates technical, manufacturing, and test data into the underwriting process, aiming to simplify insurance coverage for the commercial space and defense industries.

Funding Details

Company Website: https://charter.space

Company: Charter Space
Raised: $5M
Round: Seed
Funding Date: September 30, 2026
Lead Investor: Crystal Venture Partners
Additional Investors: QED, Blank Ventures, Hustle Fund, Gaingels
Company Website: https://charter.space
Software Category: Insurtech / Space Tech
Source: https://techcrunch.com/2026/09/30/charter-space-raises-5m-to-bring-insurance-to-the-stars/