Funding round

Anduril Series H+
Reported as "Series H"
Anduril, which works in defense technology solutions development in Costa Mesa, raised $5.00B in a Series H+ round announced on 13 May 2026, led by Thrive Capital and Andreessen Horowitz, at a $61.00B post-money valuation. 2 firms took part. It is Anduril's seventh venture round on record; the one before was a Series G in Apr 2025.
$5.00B
Amount raised
$61.00B
Post-money valuation
$56.00B pre-money
2
Investors
2 leads
4.4x
Step-up from the Series F
$14.00B in Aug 2024
8.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Anduril at $61.00B after the new money, 4.4 times the $14.00B of its Series F (Aug 2024). The $5.00B bought investors about 8.2% of the company. It came 13 months after Anduril's Series G. It is 44% of the $11.26B Anduril has raised in the venture rounds on record. No later venture round is on record for Anduril.
Anduril's funding rounds
Anduril has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 11 Sep 2019 $127M$1.00B post-money
- Series C 1 Jul 2020, led by Andreessen Horowitz $200M$1.90B post-money
- Series D 17 Jun 2021, led by Elad Gil $450M$4.60B post-money
- Series E 1 Dec 2022, led by Valor $1.48B$8.48B post-money
- Grant not a venture round 22 May 2024 $14M
- Series F 7 Aug 2024, led by Founders Fund and Sands Capital $1.50B$14.00B post-money
- Series G 15 Apr 2025 $2.50B
- Series H+ this round 13 May 2026, led by Thrive Capital and Andreessen Horowitz $5.00B$61.00B post-money
Investors
Who put money in
Thrive Capital and Andreessen Horowitz led the round.
Lead investors
- Thrive Capital backs 130 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
The closest in time: Series H+ rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Anthropic Tech Companies | 28 May 2026 | $65.00B | $965.00B | Altimeter and Dragoneer Investment Group |
| CRED Payment Processing & Point of Sale | 23 Jun 2026 | $900M | $4.50B | Meta |
| Airwallex Payment Processing & Point of Sale | 25 Jun 2026 | $320M | $11.00B | Addition |
| Flock Safety Alarms, Surveillance & Security Systems | 17 Apr 2026 | $200M | $8.40B | not named |
| Zipline Airline Companies | 23 Mar 2026 | $800M | $7.60B | Fidelity Management & Research Company and Baillie Gifford |
| Tech Companies | 8 Jul 2026 | $50M | not disclosed | Andreessen Horowitz |
| Medical Supply Manufacturers | 12 Aug 2026 | $59M | not disclosed | not named |
| Software Development Services | 1 Feb 2026 | $50M | $4.50B | not named |
Sources
Where this comes from
Reported by 10 sources.
Questions
Frequently asked
How much did Anduril raise in its Series H+ round?
Anduril raised $5.00B in its Series H+ round, announced in May 2026.
Who led Anduril's Series H+ round?
Thrive Capital and Andreessen Horowitz led it.
What was Anduril's valuation at the Series H+ round?
$61.00B post-money ($56.00B pre-money).