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Anduril valuation, funding and investors

Anduril works in defense technology solutions development, based in Costa Mesa, United States. Founded in 2017, it has about 9,860 employees.

Aerospace and Defence Costa Mesa Series H
VALUATION · TODAY
$68.63B +16% after Series H+
Range $53.03B – $91.22B · Grade A
TODAY
+12 MO
$25.00B
$50.00B
$75.00B
$100.00B
$125.00B
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed $127M
Series C $200M
Series D $450M
Series E $1.48B
Series F $1.50B
Series G $2.50B
Series H+ $5.00B
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY9,860 employees
+54%6m growth
+75%1y growth
+252%2y growth
5,000
10k
15k
Data from Jan 2021
TODAY
Predicted in 1 yr $79.30B +16% vs today
Predicted next raise $8.72B if a round comes
Winding-down probability 0%
Last round
Series H+ · $5.00B · May 2026
Valuation at last round
$61.00B
Headcount
9,860 · growing
Grade
A
Founded
2017
How VCMC values companies →

Anduril valuation today

VCMC values Anduril at $68.6B today, with a range of $53.0B to $91.2B and a grade of A. The valuation starts from its last funding round, a Series H+ round in May 2026.

Valuation by date (126 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Anduril: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2017$7.03M$2.56M – $19.3M$9.63M (+37%)before first round–unknownD0%
1 Feb 2017$7.22M$2.63M – $19.8M$9.89M (+37%)before first round–unknownD0%
1 Mar 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Apr 2017$7.59M$2.76M – $20.9M$10.4M (+37%)before first round–unknownD0%
1 May 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Jun 2017$8.00M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Jul 2017$8.21M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Aug 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Sep 2017$8.67M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Oct 2017$8.89M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Nov 2017$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Dec 2017$9.37M$3.41M – $25.8M$12.9M (+37%)before first round–unknownD0%
1 Jan 2018$9.63M$3.51M – $26.5M$13.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.89M$3.60M – $27.2M$13.6M (+37%)before first round–unknownD0%
1 Mar 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Apr 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 May 2018$10.7M$3.89M – $29.3M$14.6M (+37%)before first round–unknownD0%
1 Jun 2018$11.0M$3.99M – $30.1M$15.0M (+37%)before first round–unknownD0%
1 Jul 2018$11.3M$4.10M – $30.9M$15.4M (+37%)before first round–unknownD0%
1 Aug 2018$11.6M$4.21M – $31.8M$15.6M (+35%)before first round–unknownD0%
1 Sep 2018$11.9M$4.33M – $32.6M$15.7M (+32%)before first round–unknownD0%
1 Oct 2018$12.2M$4.44M – $33.5M$15.9M (+30%)before first round–unknownD0%
1 Nov 2018$12.5M$4.56M – $34.4M$16.0M (+28%)before first round–unknownD0%
1 Dec 2018$12.9M$4.68M – $35.3M$16.2M (+26%)before first round–unknownD0%
1 Jan 2019$13.2M$4.81M – $36.3M$16.3M (+24%)before first round–unknownD0%
1 Feb 2019$13.6M$4.94M – $37.3M$16.5M (+21%)before first round–unknownD0%
1 Mar 2019$13.9M$5.06M – $38.2M$16.6M (+19%)before first round–unknownD0%
1 Apr 2019$14.3M$5.20M – $39.2M$16.8M (+17%)before first round–unknownD0%
1 May 2019$14.6M$5.33M – $40.2M$16.9M (+15%)before first round–unknownD0%
1 Jun 2019$15.0M$5.48M – $41.3M$17.1M (+13%)before first round–unknownD0%
1 Jul 2019$15.4M$5.62M – $42.4M$17.2M (+11%)before first round–unknownD0%
1 Aug 2019$15.6M$5.68M – $42.8M$17.4M (+11%)before first round–unknownD0%
1 Sep 2019$15.7M$5.73M – $43.2M$17.5M (+11%)before first round–unknownD0%
12 Sep 2019$1.0B$869M – $2.3B$2.0B (+100%)after a round–unknownB0%
1 Oct 2019$1.0B$869M – $2.3B$2.0B (+93%)after a round–unknownB0%
1 Nov 2019$1.1B$869M – $2.3B$2.0B (+82%)after a round–unknownB0%
1 Dec 2019$1.2B$869M – $2.3B$2.0B (+72%)after a round–unknownB0%
1 Jan 2020$1.2B$869M – $2.3B$2.0B (+62%)after a round–unknownB0%
1 Feb 2020$1.3B$869M – $2.3B$2.0B (+52%)after a round–unknownB0%
1 Mar 2020$1.4B$869M – $2.3B$2.0B (+44%)after a round–unknownB0%
1 Apr 2020$1.5B$869M – $2.3B$2.0B (+36%)after a round–unknownB0%
1 May 2020$1.6B$869M – $2.3B$2.0B (+29%)after a round–unknownB0%
1 Jun 2020$1.7B$869M – $2.3B$2.0B (+21%)after a round–unknownB0%
1 Jul 2020$1.9B$1.7B – $2.8B$2.5B (+30%)after a round–unknownA0%
2 Jul 2020$1.9B$1.7B – $2.8B$2.5B (+30%)after a round–unknownA0%
1 Aug 2020$1.9B$1.7B – $2.8B$2.5B (+27%)after a round–unknownA0%
1 Sep 2020$2.0B$1.7B – $2.8B$2.5B (+24%)after a round–unknownA0%
1 Oct 2020$2.0B$1.7B – $2.8B$2.5B (+22%)after a round–unknownA0%
1 Nov 2020$2.1B$1.7B – $2.8B$2.5B (+19%)after a round–unknownA0%
1 Dec 2020$2.1B$1.7B – $2.8B$2.5B (+16%)after a round–unknownA0%
1 Jan 2021$2.2B$1.7B – $2.8B$2.5B (+14%)after a round270unknownA0%
1 Feb 2021$2.2B$1.7B – $2.8B$2.5B (+11%)after a round270unknownA0%
1 Mar 2021$2.3B$1.7B – $2.8B$2.5B (+9%)after a round270unknownA0%
1 Apr 2021$2.3B$1.7B – $2.8B$2.5B (+7%)after a round270unknownA0%
1 May 2021$2.4B$1.7B – $2.8B$2.5B (+4%)after a round270unknownA0%
1 Jun 2021$2.4B$1.7B – $2.8B$2.5B (+2%)after a round270unknownA0%
18 Jun 2021$4.6B$4.0B – $6.9B$6.0B (+30%)after a round270unknownA0%
1 Jul 2021$4.6B$4.0B – $6.9B$6.0B (+29%)after a round270unknownA0%
1 Aug 2021$4.8B$4.0B – $6.9B$6.0B (+26%)after a round270unknownA0%
1 Sep 2021$4.9B$4.0B – $6.9B$6.0B (+23%)after a round270unknownA0%
1 Oct 2021$5.0B$4.0B – $6.9B$6.0B (+20%)after a round270unknownA0%
1 Nov 2021$5.1B$4.0B – $6.9B$6.0B (+18%)after a round270unknownA0%
1 Dec 2021$5.2B$4.0B – $6.9B$6.0B (+15%)after a round270unknownA0%
1 Jan 2022$5.3B$4.0B – $6.9B$6.0B (+13%)after a round270unknownA0%
1 Feb 2022$5.4B$4.0B – $6.9B$6.0B (+10%)after a round270unknownA0%
1 Mar 2022$5.5B$4.0B – $6.9B$6.0B (+8%)after a round270unknownA0%
1 Apr 2022$5.7B$4.0B – $6.9B$6.0B (+6%)after a round270unknownA0%
1 May 2022$5.8B$4.0B – $6.9B$6.0B (+3%)after a round270unknownA0%
1 Jun 2022$5.9B$4.0B – $6.9B$6.0B (+1%)after a round270unknownA0%
1 Jul 2022$6.0B$3.9B – $6.9B$6.0B (0%)after a round270unknownA0%
1 Aug 2022$6.0B$3.7B – $6.9B$6.0B (0%)after a round270unknownB0%
1 Sep 2022$6.0B$3.6B – $6.9B$6.0B (0%)after a round270unknownB0%
1 Oct 2022$6.0B$3.4B – $6.9B$6.0B (0%)after a round270unknownB0%
1 Nov 2022$6.0B$3.3B – $6.9B$6.0B (0%)after a round270unknownB0%
1 Dec 2022$8.5B$7.4B – $12.7B$11.0B (+30%)after a round910unknownA0%
2 Dec 2022$8.5B$7.4B – $12.7B$11.0B (+30%)after a round910unknownA0%
1 Jan 2023$8.7B$7.4B – $12.7B$11.0B (+27%)after a round910unknownA0%
1 Feb 2023$8.9B$7.4B – $12.7B$11.0B (+24%)after a round910unknownA0%
1 Mar 2023$9.0B$7.4B – $12.7B$11.0B (+22%)after a round910unknownA0%
1 Apr 2023$9.3B$7.4B – $12.7B$11.0B (+19%)after a round910unknownA0%
1 May 2023$9.5B$7.4B – $12.7B$11.0B (+17%)after a round910unknownA0%
1 Jun 2023$9.7B$7.4B – $12.7B$11.0B (+14%)after a round910unknownA0%
1 Jul 2023$9.9B$7.4B – $12.7B$11.0B (+12%)after a round910unknownA0%
1 Aug 2023$10.1B$7.4B – $12.7B$11.0B (+9%)after a round910unknownA0%
1 Sep 2023$10.3B$7.4B – $12.7B$11.0B (+7%)after a round910unknownA0%
1 Oct 2023$10.5B$7.4B – $12.7B$11.0B (+4%)after a round910unknownA0%
1 Nov 2023$12.4B$7.4B – $14.7B$12.8B (+3%)after a round1,800growingB0%
1 Dec 2023$12.8B$7.4B – $14.7B$12.8B (0%)after a round1,800growingB0%
1 Jan 2024$12.8B$7.5B – $14.7B$12.8B (0%)after a round1,800growingB0%
1 Feb 2024$12.8B$7.6B – $14.7B$12.8B (0%)after a round1,800growingB0%
1 Mar 2024$12.8B$7.8B – $14.7B$12.8B (0%)after a round1,800growingB0%
1 Apr 2024$13.3B$8.0B – $15.2B$13.3B (0%)after a round2,100growingB0%
1 May 2024$13.3B$8.2B – $15.2B$13.3B (0%)after a round2,100growingB0%
1 Jun 2024$13.3B$7.6B – $15.2B$13.3B (0%)after a round2,100upB0%
1 Jul 2024$13.3B$7.6B – $15.2B$13.3B (0%)after a round2,100upB0%
1 Aug 2024$13.3B$7.6B – $15.2B$13.3B (0%)after a round2,100upB0%
8 Aug 2024$14.0B$12.2B – $20.9B$18.2B (+30%)after a round2,100upA0%
1 Sep 2024$14.3B$12.2B – $20.9B$18.2B (+28%)after a round2,800growingA0%
1 Oct 2024$14.6B$12.2B – $20.9B$18.2B (+25%)after a round2,800growingA0%
1 Nov 2024$14.9B$12.2B – $20.9B$18.2B (+22%)after a round2,800growingA0%
1 Dec 2024$15.4B$12.2B – $21.8B$19.0B (+23%)after a round3,400growingA0%
1 Jan 2025$15.8B$12.2B – $21.8B$19.0B (+20%)after a round3,400growingA0%
1 Feb 2025$16.2B$12.2B – $21.8B$19.0B (+17%)after a round3,400growingA0%
1 Mar 2025$16.6B$12.2B – $21.8B$19.0B (+14%)after a round3,400growingA0%
1 Apr 2025$17.1B$12.2B – $21.8B$19.0B (+11%)after a round3,400growingA0%
16 Apr 2025$25.8B$18.2B – $47.6B$33.5B (+30%)after a round3,400growingB0%
1 May 2025$26.1B$18.2B – $47.6B$33.5B (+29%)after a round3,400growingB0%
1 Jun 2025$26.7B$18.2B – $47.6B$33.5B (+26%)after a round3,400growingB0%
1 Jul 2025$27.3B$18.2B – $47.6B$33.5B (+23%)after a round3,400growingB0%
1 Aug 2025$27.9B$18.2B – $47.6B$33.5B (+20%)after a round5,320growingB0%
1 Sep 2025$28.6B$18.4B – $48.2B$34.0B (+19%)after a round5,645growingB0%
1 Oct 2025$29.3B$18.4B – $48.2B$34.0B (+16%)after a round5,645growingB0%
1 Nov 2025$30.3B$18.7B – $49.0B$34.5B (+14%)after a round6,086growingB0%
1 Dec 2025$31.2B$18.9B – $49.6B$34.9B (+12%)after a round6,406growingB0%
1 Jan 2026$32.0B$18.9B – $49.6B$34.9B (+9%)after a round6,406growingB0%
1 Feb 2026$32.9B$18.9B – $49.6B$34.9B (+6%)after a round6,406growingB0%
1 Mar 2026$33.6B$18.9B – $49.6B$34.9B (+4%)after a round6,406growingB0%
1 Apr 2026$34.5B$18.9B – $49.6B$34.9B (+1%)after a round6,406growingB0%
1 May 2026$34.9B$19.0B – $49.6B$34.9B (0%)after a round6,406growingB0%
14 May 2026$61.0B$53.0B – $91.2B$79.3B (+30%)after a round6,406growingA0%
1 Jun 2026$61.8B$53.0B – $91.2B$79.3B (+28%)after a round6,406upA0%
1 Jul 2026$63.2B$53.0B – $91.2B$79.3B (+26%)after a round6,406upA0%
1 Aug 2026$64.6B$53.0B – $91.2B$79.3B (+23%)after a round6,406upA0%
1 Sep 2026$66.1B$53.0B – $91.2B$79.3B (+20%)after a round6,406upA0%
1 Oct 2026$67.5B$53.0B – $91.2B$79.3B (+17%)after a round9,860growingA0%
24 Oct 2026$68.6B$53.0B – $91.2B$79.3B (+16%)after a round9,860growingA0%

Key facts about Anduril

Founded
2017
Headquarters
Costa Mesa, United States
Employees
about 9,860 +75% in a year
Total raised
$11.27B
Funding rounds
8
Last round
Series H May 2026

Anduril was founded in 2017 by Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey and Trae Stephens.

Anduril funding history

Anduril has 8 funding rounds on record, from Sep 2019 to May 2026, $11.27B in total. The latest disclosed valuation is $61.00B post-money (Series H, May 2026).

  1. Series H 13 May 2026

    Led by Thrive Capital, Andreessen Horowitz.

    Sources: anduril.com, tectonicdefense.com, defence-industry.eu and 7 more

    $5.00B

    $61.00B post-money

  2. Series G 15 Apr 2025

    Investors not disclosed.

    Sources: ipo.club, techfundingnews.com, designrush.com and 4 more

    $2.50B

  3. Series F 7 Aug 2024

    Led by Founders Fund, Sands Capital; with Fidelity Management & Research Co., Morgan Stanley, Baillie Gifford, Altimeter, Franklin Venture Partners.

    Sources: anduril.com, cnbc.com, gunder.com and 3 more

    $1.50B

    $14.00B post-money

  4. Grant 22 May 2024no round page

    With Department of Defense.

    Sources: spacedirt.beehiiv.com, anduril.com

    $14M

  5. Series E 1 Dec 2022

    Led by Valor; with Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Venture Partners, United States Innovative Technology.

    Sources: anduril.com, blog.anduril.com, axios.com and 1 more

    $1.48B

    $8.48B post-money

  6. Series D 17 Jun 2021

    Led by Elad Gil; with Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor, D1 Capital Partners.

    Sources: blog.anduril.com, anduril.com, siliconangle.com and 3 more

    $450M

    $4.60B post-money

  7. Series C 1 Jul 2020

    Led by Andreessen Horowitz; with Founders Fund, General Catalyst, Lux Capital, Human Capital, 8VC, Valor, Elad Gil.

    Sources: fedscoop.com, siliconangle.com, ocbj.com

    $200M

    $1.90B post-money

  8. Seed 11 Sep 2019

    With Founders Fund, General Catalyst, 8VC, Lux Capital.

    Sources: cnbc.com, en.wikipedia.org

    $127M

    $1.00B post-money

Anduril investors

23 investors have backed Anduril; Founders Fund, Andreessen Horowitz and Valor and 3 more led at least one round.

What Anduril does

Anduril works in aerospace and defence, with 14 recorded offerings and customers in defense.

Anduril Industries, Inc. is an American defense technology company engaged in the development and manufacturing of autonomous systems and defense technology solutions. The company provides products such as unmanned aerial systems, counter-unmanned aerial systems, semi-portable autonomous surveillance systems, and networked command and control software. Anduril also operates as a technology company, with activities spanning research and development, manufacturing, and sales of defense technologies. The company serves the U.S. Department of Defense and allied forces, and maintains offices in the United States, United Kingdom, and Australia.

Description from Veridion's company data.

Products and services

  • Defense Technology Solutions Development
  • Autonomous Systems Manufacturing
  • Unmanned Aerial System Manufacturing
  • Counter-Unmanned Aerial System Manufacturing
  • Semi-Portable Autonomous Surveillance System Manufacturing
  • Networked Command and Control Software Development
  • AI-Driven Defense Technology Engineering
  • Robotics-Integrated Defense System Development
  • Advanced Defense Technology Research and Development
  • Defense Product Lifecycle Management Services
  • Military Capability Enhancement Solutions
  • National Security Technology Solutions
  • Defense Technology Consulting Services
  • Sustainable Defense Technology Development

Markets

  • Defense

Technology

  • AI-Driven Autonomous Systems
  • Robotics for Defense Applications
  • Networked Command and Control Software

Business model

  • Business-to-Business
  • Manufacturing
  • Enterprise

Industry codes (NAICS)

  • 336411 Aircraft Manufacturing 70% match
  • 541511 Custom Computer Programming Services 30% match

Questions about Anduril

What is Anduril worth?

Valuation $68.6B (range $53.0B to $91.2B), as of 24 Oct 2026. The last disclosed valuation was $61.00B (Series H, May 2026).

Has Anduril raised money?

Anduril has 8 funding rounds on record, from Sep 2019 to May 2026, $11.27B in total. The latest disclosed valuation is $61.00B post-money (Series H, May 2026).

Who has invested in Anduril?

Founders Fund, Andreessen Horowitz, Valor, Elad Gil, Thrive Capital and Sands Capital, and 17 more. Lead investors include Founders Fund, Andreessen Horowitz, Valor and Elad Gil.

How many people work at Anduril?

About 9,860, up 75% over the last year. Headcount grew from 270 in Jan 2021 to 9,860 in Sep 2026.

What does Anduril do?

Anduril works in aerospace and defence, with 14 recorded offerings and customers in defense. Its main offerings are defense technology solutions development, autonomous systems manufacturing and unmanned aerial system manufacturing.

When was Anduril founded, and where is it based?

Anduril was founded in 2017 and is based in Costa Mesa, United States. It has about 9,860 employees, up 75% over the last year.