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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.

  1. Seed 11 Sep 2019 $127M$1.00B post-money
  2. Series C 1 Jul 2020, led by Andreessen Horowitz $200M$1.90B post-money
  3. Series D 17 Jun 2021, led by Elad Gil $450M$4.60B post-money
  4. Series E 1 Dec 2022, led by Valor $1.48B$8.48B post-money
  5. Grant not a venture round 22 May 2024 $14M
  6. Series F 7 Aug 2024, led by Founders Fund and Sands Capital $1.50B$14.00B post-money
  7. Series G 15 Apr 2025 $2.50B
  8. 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

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:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Anthropic Tech Companies28 May 2026$65.00B$965.00BAltimeter and Dragoneer Investment Group
CRED Payment Processing & Point of Sale23 Jun 2026$900M$4.50BMeta
Airwallex Payment Processing & Point of Sale25 Jun 2026$320M$11.00BAddition
Flock Safety Alarms, Surveillance & Security Systems17 Apr 2026$200M$8.40Bnot named
Zipline Airline Companies23 Mar 2026$800M$7.60BFidelity Management & Research Company and Baillie Gifford
Tech Companies8 Jul 2026$50Mnot disclosedAndreessen Horowitz
Medical Supply Manufacturers12 Aug 2026$59Mnot disclosednot named
Software Development Services1 Feb 2026$50M$4.50Bnot 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).