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ANDURIL INDUSTRIES
Anduril Industries
Defense Technology · Costa Mesa, California · United States · Founded · 2017 · ≈ · 800 · employees

Anduril Industries Funding — Last Valued at $61B

Private

Anduril Industries has raised $14.8B across 9 funding rounds, plus 1 undated round. The latest round valued Anduril Industries at $61B post-money, with Thrive Capital, Andreessen Horowitz on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Anduril Industries funding · at a glance
Total raised, all rounds
$14.8B
sum of disclosed sizes
Funding rounds
9
plus 1 undated round
Latest round
$61B
post-money · May 2026
Lead on that event
Thrive Capital
lead investor
2026
About Anduril Industries

Anduril was seeded by Founders Fund when it incorporated in April 2017, and in September 2019 it raised $120 million from investors including Founders Fund, General Catalyst and Andreessen Horowitz. The company has since grown into one of the most valuable venture-backed defense contractors.

Funding timeline

The Anduril Industries funding timeline

9 funding rounds, the latest highlighted.

2017
Anduril Industries founded

Anduril Industries was founded in 2017, United States.

UNDATED
Seed

No date is disclosed for this round.

JUN 2018
Series A

Other investors: SV Angel, Human Capital. $41M raised, led by Founders Fund.

Valuation basisAmount$41MPrice / shareLeadFounders Fund
SEP 2019
Series B

Other investors: Andreessen Horowitz, 8VC, Lux Capital. $127M raised, led by Founders Fund, General Catalyst.

Valuation basisAmount$127MPrice / shareLeadFounders Fund, General Catalyst
JUL 2020
Series C

Other investors: 8VC, Founders Fund, Lux Capital, Valor Equity Partners, Human Capital, Elad Gil, General Catalyst. $200M raised, led by Andreessen Horowitz.

Valuation basisAmount$200MPrice / shareLeadAndreessen Horowitz
JUN 2021
Series D

Participated: Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Valor Equity Partners, Lux Capital, D1 Capital Partners. $450M raised, led by Elad Gil.

Valuation basisAmount$450MPrice / shareLeadElad Gil
DEC 2022
Series E

Other investors: Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Lightspeed Venture Partners, Lachy Groom, Elad Gil, WCM Investment Management. $1.5B raised, led by Valor Equity Partners.

Valuation basisAmount$1.5BPrice / shareLeadValor Equity Partners
JUN 2025
Series G at $30.5B post-money

A primary round — the company sells new shares to investors it selects. $2.5B raised, led by Founders Fund.

Valuation basispost-moneyAmount$2.5BPrice / shareLeadFounders Fund
DEC 2025
Corporate Round

A primary round — the company sells new shares to investors it selects. $30M raised, led by AlphaTON Capital Corp.

Valuation basisAmount$30MPrice / shareLeadAlphaTON Capital Corp
MAY 2026
Series H at $61B post-money

A primary round — the company sells new shares to investors it selects. $5B raised.

Valuation basispost-moneyAmount$5BPrice / shareLead
MAY 2026LATEST
Series H at $61B post-money

A primary round — the company sells new shares to investors it selects. $5B raised, led by Thrive Capital, Andreessen Horowitz.

Valuation basispost-moneyAmount$5BPrice / shareLeadThrive Capital, Andreessen Horowitz
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Anduril Industries funding rounds in full

9 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series H LATEST
May 2026
$5B
$61Bpost-money
—
Thrive Capital, Andreessen Horowitz
—
Series H
May 2026
$5B
$61Bpost-money
—
—
—
Corporate Round
Dec 2025
$30M
—
—
AlphaTON Capital Corp
—
Series G
Jun 2025
$2.5B
$30.5Bpost-money
—
Founders Fund
—
Series E
Dec 2022
$1.5B
—
—
Valor Equity Partners
Other investors: Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Lightspeed Venture Partners, Lachy Groom, Elad Gil, WCM Investment Management
Series D
Jun 2021
$450M
—
—
Elad Gil
Participated: Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Valor Equity Partners, Lux Capital, D1 Capital Partners
Series C
Jul 2020
$200M
—
—
Andreessen Horowitz
Other investors: 8VC, Founders Fund, Lux Capital, Valor Equity Partners, Human Capital, Elad Gil, General Catalyst
Series B
Sep 2019
$127M
—
—
Founders Fund, General Catalyst
Other investors: Andreessen Horowitz, 8VC, Lux Capital
Series A
Jun 2018
$41M
—
—
Founders Fund
Other investors: SV Angel, Human Capital
Seed
—
$17.5M
—
—
Founders Fund
—
Anduril Industries · investors

Investors

Founders FundLEADThrive CapitalLEADAndreessen HorowitzLEADAAlphaTON Capital CorpLEADVValor Equity PartnersLEADEElad GilLEADGeneral CatalystLEADAccelLowercarbon Capital

Frequently asked questions

Is Anduril Industries publicly traded?›

No. Anduril Industries is a private company; its shares do not trade on a public exchange.

What is Anduril Industries's valuation?›

The last valuation is $61B (post-money, May 2026).

Who has invested in Anduril Industries?›

Lead investors for each round are in the funding timeline.

Who are Anduril Industries's competitors?›

The closest defense technology peers are on the competitors page.

How can I get exposure to Anduril Industries?›

The routes section explains what is realistically available for a company at this stage.

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