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Benchmark Space Systems
South Burlington, US · Founded 2014 · Vermont corporation · 64 employees on LinkedIn · 6 known investors
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Founders & leadership
Benchmark Space Systems was founded in 2014 by Michael Ryan McDevitt.
MR
Michael Ryan McDevittCorporate Secretary Chief Technology Officer
MS
Matthew SheaChief Product OfficerHe has worked as a lead product engineer across mechanical engineering, automation, and semiconductor industries, with expertise in engineering management and program management.
WG
Wesley GroveChief Executive OfficerHe has held senior executive roles at global manufacturers of engineer-to-order products across multiple industries, with accountability for service level and cost performance, and has led new product development and manufacturing process transformations.
MM
Matthew McSheaNamed on SEC filing
Board
CT
Christopher TimchakBoard director
JH
James H Crook, Jr.Board director
Investors · 6
FreshTracks Capitallisted by FreshTracks CapitalShelburne · $600K – $2Mvia Lee Bouyea · led
How we know: FreshTracks Capital's portfolio page · board seat on SEC Form D · Not right? Tell us
Kluz Ventureslisted by Kluz VenturesWashington
How we know: Kluz Ventures's portfolio page · Not right? Tell us
LaunchCapitallisted by LaunchCapitalBoston · $50K – $150K
How we know: LaunchCapital's portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$72.3M disclosed across 11 of 12 rounds · 2018–2026
▶$10MofferedMay 2026 · ManufacturingRule 506(b)
▶$10MofferedMay 2026 · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Christopher TimchakDirector
- Wesley GroveExecutive Officer, Director
- James H Crook Jr.Director
- Briar AlpertDirector
- M Ryan McDeavittExecutive Officer, Director
- Offering amount
- $10M
- First sale
- May 2026
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$2.4MraisedJul 2025 · 15 investors · Other TechnologyRule 506(b)
▶$2.4MraisedJul 2025 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Michael Ryan McDevittExecutive Officer, Director
- Christopher TimchakDirector
- James H Crook, Jr.Director
- Matthew SheaExecutive Officer, Director
- Wesley GroveExecutive Officer
- Amount sold
- $2.4M
- Minimum investment
- $5K
- First sale
- Jun 2025
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$6.8MraisedMay 2024 · 23 investors · Other TechnologyRule 506(b)
▶$6.8MraisedMay 2024 · 23 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- James H CrookDirector
- Christopher TimchakDirector
- Matthew SheaExecutive Officer, Director
- Matthew Ryan McDevittExecutive Officer, Director
- Offering amount
- $10.1M
- Amount sold
- $6.8M
- First sale
- May 2024
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$33.3MraisedJul 2023 · 41 investors · Other TechnologyRule 506(b)
▶$33.3MraisedJul 2023 · 41 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Chris TimchakDirector
- Edward EpplerDirector
- James H. CrookDirector
- Matthew SheaExecutive Officer, Director
- M. Ryan McDevittExecutive Officer, Director
- Offering amount
- $43.8M
- Amount sold
- $33.3M
- First sale
- Jun 2023
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$9.6MraisedDec 2022 · 24 investors · Other TechnologyRule 506(b)
▶$9.6MraisedDec 2022 · 24 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matthew SheaExecutive Officer, Director
- Stephen KellyDirector
- Edward EpplerDirector
- James H CrookDirector
- Michael Ryan McDevittExecutive Officer, Director
- Offering amount
- $10M
- Amount sold
- $9.6M
- First sale
- Nov 2022
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$5.6MraisedJun 2022 · 14 investors · Other TechnologyRule 506(b)
▶$5.6MraisedJun 2022 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen KellyDirector
- James CrookDirector
- Matthew SheaDirector
- Edward EpplerDirector
- Matthew Ryan McDevittExecutive Officer, Director
- Offering amount
- $8M
- Amount sold
- $5.6M
- First sale
- May 2022
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$8.5MraisedJan 2022 · 26 investors · Other TechnologyRule 506(b)
▶$8.5MraisedJan 2022 · 26 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ryan McDevittExecutive Officer, Director
- Lee BouyeaDirector
- James H. CrookDirector
- Matthew SheaExecutive Officer, Director
- Stephen KellyDirector
- Offering amount
- $8.8M
- Amount sold
- $8.5M
- First sale
- Oct 2021
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
▶$1.5MraisedAug 2021 · 10 investors · Other TechnologyRule 506(b)
▶$1.5MraisedAug 2021 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matthew Ryan McDevittExecutive Officer, Director
- Stephen KellyDirector
- Lee BouyeaDirector
- Matthew SheaExecutive Officer
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- May 2021
- Incorporated
- Corporation, Vermont
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- Who founded Benchmark Space Systems?
- Benchmark Space Systems was founded by Michael Ryan McDevitt in 2014.
- Who are Benchmark Space Systems's investors?
- Benchmark Space Systems's investors include Creative Destruction Lab (CDL), FreshTracks Capital, Kluz Ventures, LaunchCapital, Vermont Center for Emerging Technologies (VCET), FreshTracks Green Mountain.
- How much funding has Benchmark Space Systems raised?
- Benchmark Space Systems has disclosed $72.3M raised across 11 of its 12 known rounds.
- Where is Benchmark Space Systems headquartered?
- Benchmark Space Systems is headquartered in South Burlington, US.