CEO Ethan ThorntonFounded 2023HQ Huntington Beach, US
Mach Industries is a private defense company developing asymmetric aerospace and defense systems, including unmanned and autonomous platforms. It has won U.S. defense contracts and SBIR awards and targets decentralized manufacturing for military supply resilience.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$335M
Series A, Oct 2023, Perplexity
UpMarket Estimate
$338M
Based on UpMarket valuation model
How to Invest in Mach Industries Through UpMarket
Mach Industries shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Mach Industries offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Oct 2023
Series A
$335M
Why Investors Are Watching Mach Industries
Growth Signal
Mach Industries raises $300M at $1.8B valuation
TechCrunch reported Mach Industries closed a $300 million Series C at a $1.8 billion valuation, nearly quadrupling its valuation in one year. The company had raised $100 million at a $470 million valuation in June 2025.
Competitive Moat
Mach builds vertically integrated defense hardware and manufacturing
Sacra describes Mach as a vertically integrated defense prime focused on hardware-first development and distributed manufacturing. PrivCo says the company develops unmanned systems and defense infrastructure from Huntington Beach, California.
Market Opportunity
Mach targets uncrewed aviation and defense energy infrastructure
Contrary Research said Mach operates in both the uncrewed military aviation and defense energy infrastructure markets as of February 2026. It also said revenue comes mainly from government R&D and prototype contracts plus early manufacturing partnerships.
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No. As of March 2026, Mach Industries is a private company and does not trade on any public stock exchange. Accredited investors can access Mach Industries shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Mach Industries does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Mach Industries shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Mach Industries shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Mach Industries develops asymmetric aerospace and defense systems, including unmanned and autonomous platforms, and was last valued at about $338M; it recently raised $300M at a $1.8B valuation — accredited investors can access Mach Industries stock through UpMarket.