Funding round
Shield AI Series C
Shield AI, which works in AI-Powered mission autonomy solutions in Arlington, raised $90M in a Series C round announced on 23 Feb 2021, led by Point72 Ventures. 6 firms took part. It is Shield AI's third venture round on record; the one before was a Series B in Sep 2019.
$90M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Shield AI did not disclose a valuation in this round; its last disclosed one was $31M at the Series A (Apr 2017). It came 17 months after Shield AI's Series B. It is 3.4% of the $2.66B Shield AI has raised in the venture rounds on record. Shield AI raised again 6 months later: a Series D round of $210M in Aug 2021. Its next priced round, a Series E in May 2022, valued it at $2.30B.
Shield AI's funding rounds
Shield AI has 8 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 4 Apr 2017, led by Andreessen Horowitz $11M$31M post-money
- Series B 1 Sep 2019 $22M
- Series C this round 23 Feb 2021, led by Point72 Ventures $90M
- Series D 25 Aug 2021, led by Disruptive $210M
- Series E 31 May 2022, led by Snowpoint Ventures $90M$2.30B post-money
- Series F 15 Apr 2025 $240M$5.30B post-money
- Debt not a venture round 26 Mar 2026 $250M
- Growth 26 Mar 2026, led by Blackstone $500M
- Series G 26 Mar 2026, led by Advent International and JPMorgan Chase $1.50B$12.70B post-money
Investors
Who put money in
Point72 Ventures led the round with 5 other firms.
Lead investor
- Point72 Ventures backs 72 venture-backed companies new investor
Also in the round
- Bloomberg Beta new investor
- Breyer Capital backs 85 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
- backs 82 venture-backed companies new investor
- backs 128 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
9 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $87M, and this round was close to the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Astranis Aerospace and Defence | 14 Apr 2021 | $250M | $1.40B | BlackRock |
| Aerospace and Defence | 17 Dec 2020 | $8.5M | not disclosed | Future Industry and Swisscom Ventures |
| Aerospace and Defence | 14 May 2021 | $24M | not disclosed | not named |
| Aerospace and Defence | 30 Jun 2021 | $46M | not disclosed | Fine Structure Ventures |
| ICEYE Aerospace and Defence | 22 Sep 2020 | $87M | not disclosed | True Ventures |
| Anduril Aerospace and Defence | 1 Jul 2020 | $200M | $1.90B | Andreessen Horowitz |
| Aerospace and Defence | 18 Oct 2021 | $100M | not disclosed | BOND |
| Aerospace and Defence | 7 Dec 2021 | $85M | not disclosed | BlackRock |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Shield AI raise in its Series C round?
Shield AI raised $90M in its Series C round, announced in Feb 2021.
Who led Shield AI's Series C round?
Point72 Ventures led it, with Bloomberg Beta, Breyer Capital, Andreessen Horowitz, Homebrew and Founder Collective.
What was Shield AI's valuation at the Series C round?
It was not disclosed; its last disclosed one was $31M at the Series A (Apr 2017).
How does it compare with other Series C rounds in Aerospace and Defence?
9 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $87M, and this round was close to the median.
Did Shield AI raise again after this round?
Yes: a Series D round in Aug 2021 of $210M.