Key Metrics
Revenue
$2.2B revenue in 2025 (company-reported, May 2026)
As of May 2026Value Add Pulse research
Company Snapshot
Anduril Industries is a Defense company, based in California, USA, founded 2017 by Palmer Luckey, Brian Schimpf, Trae Stephens. Latest valuation $61B (As of May 13, 2026, TechCrunch). Total funding $11B+ (As of May 13, 2026).
Recent changes
- May 13, 2026May 13, 2026Raised $5B Series H at a $61B valuation Gunderson Dettmer
- May 13, 2026May 13, 2026First reported total funding: $11B+ TechCrunch
- May 13, 2026May 13, 2026New investor: Thrive Capital Gunderson Dettmer
- May 13, 2026May 13, 2026New investor: Andreessen Horowitz Gunderson Dettmer
- May 2026May 2026First reported valuation: $61B Value Add Pulse enrichment
Earlier changes (5)
- Jun 5, 2025Jun 5, 2025Raised $2.5B Series G at a $30.5B valuation TechCrunch
- 20252025First reported revenue: $2.2B entity-registry reconciliation
- Aug 7, 2024Aug 7, 2024Raised $1.5B Series F at a $14B valuation GovConWire
- Aug 7, 2024Aug 7, 2024New investor: Founders Fund GovConWire
- Aug 7, 2024Aug 7, 2024New investor: Sands Capital GovConWire
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| May 13, 2026 | Series H | $5B | $61B | Gunderson Dettmer | |
| Jun 5, 2025 | Series G | $2.5B | $30.5B | Founders FundLeadunverified | TechCrunch |
| Aug 7, 2024 | Series F | $1.5B | $14B | Sands CapitalLeadFounders FundLead | GovConWire |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| May 13, 2026 | $61B | Reported | TechCrunch |
| May 2026 | $61B | Reported | Value Add VC entity registry |
| May 2026 | $61B | Reported | Value Add Pulse research |
Investors
Founders FundAndreessen HorowitzSands CapitalThrive Capital8VCBezos ExpeditionsCoatue ManagementContrary CapitalCraft VenturesD. E. Shaw VenturesFifth Down CapitalFJ LabsFriends & Family CapitalGeneral CatalystGreycroftK5 GlobalLiquid 2 VenturesShrug CapitalSV AngelTribe CapitalValor Equity PartnersXYZ Venture Capital
Latest Pulse
- Oct 9, 2026Shield AI's X-BAT Drone Program Hits $400M With New $150M From NavyThe U.S. Navy added $150 million to Shield AI's X-BAT vertical-takeoff fighter drone program, matched dollar-for-dollar by the company, pushing combined investment in the autonomous jet to $400 million.→
- Sep 28, 2026Quartermaster Raises Another $140M Series BMaritime intelligence startup Quartermaster raised another $140 million Series B, led by Insight Partners and Overmatch Ventures, just months after an earlier, smaller round.→
- Sep 11, 2026Robotics And Defense Tech Funding Hits RecordsRobotics startups have raised roughly $23 billion in 2026 while defense tech funding hit a record $17.4 billion, led by megadeals at Saronic, Quantum Systems and Anduril.→
- Sep 8, 2026Defense Tech's Record Year Is Concentrating, Not BroadeningDefense tech has already topped 2025's full-year funding record with four months left in 2026, but deal volume is barely up -- the dollars are concentrating into fewer, larger rounds led by Anduril and Castelion.→
- Aug 31, 2026Defense Tech's $35.6 Billion Year, By the CompsAnduril at $61 billion, Castelion at $13 billion, True Anomaly at $600 million raised -- the named rounds behind defense tech's $35.6 billion year explain what's actually driving the category better than the aggregate number does.→
- Aug 28, 2026Space Startups Have Raised $20.3B in 2026Global venture funding to space and satellite startups reached $20.3 billion through August 2026, already the highest annual total on record, with U.S. companies taking roughly $12.7 billion of it.→
- Aug 17, 2026SEC Accuses Boiler Room of $74M SpaceX, Anthropic FraudThe SEC accused a Long Island-based operation, the Spaventa Group, of running a boiler room that sold retirees marked-up private shares in SpaceX, Anthropic, Anduril and Perplexity, collecting more than $74 million and $23 million in undisclosed fees.→
- Aug 17, 2026Defense Tech's Funding Boom Still Has Room to RunAnduril's talks for a $100 billion valuation, up from $61 billion two months ago, are the headline, but the real story is how deep the defense-tech funding bench has gotten behind it.→
- Aug 15, 2026SEC Charges $74M Pre-IPO Share Boiler RoomThe SEC charged Long Island financier Andrew Spaventa and three entities with defrauding 800+ retail investors of $74 million by marking up pre-IPO shares of SpaceX, Anthropic, Anduril and Perplexity sold via cold-calling agents.→
- Aug 10, 2026Anduril Backers Give Cambridge Aerospace $3.4B ValuationCambridge Aerospace, a British drone-and-missile interceptor startup, raised a $300 million Series C led by DFJ Growth at a $3.4 billion valuation, taking its total raised past $630 million in under two years.→
Coverage Timeline
newest first- Sep 8, 2026FUNDINGDefense Tech's Record Year Is Concentrating, Not Broadening→
- Aug 31, 2026FUNDINGDefense Tech's $35.6 Billion Year, By the Comps$35.6B YTD (+40%)→
- Aug 17, 2026REGULATIONSEC Accuses Boiler Room of $74M SpaceX, Anthropic Fraud$74M raised, $23M in fees→
- Aug 17, 2026FUNDINGDefense Tech's Funding Boom Still Has Room to Run$35.6B H1 defense funding→
- Aug 15, 2026REGULATIONSEC Charges $74M Pre-IPO Share Boiler Room$74M scheme→
- Aug 10, 2026FUNDINGAnduril Backers Give Cambridge Aerospace $3.4B Valuation$300M Series C→
- Aug 9, 2026FUNDINGDefense Tech's Valuation Ladder Gains a New Rung~$100B talks→
- Aug 6, 2026FUNDINGHadrian Raises $1.37B to Automate Defense Factories$1.37B Series D→
- Jul 28, 2026FUNDINGWhy Anduril's $100B Ask Is Really About Buying Time→
- Jul 13, 2026FUNDINGDefense Tech's $14.6B Pace Shows No Sign of Slowing$14.6B H1 2026→
- Jul 7, 2026FUNDINGDefense Tech's Funding Smashes Records Again in 2026$14.6B+ into defense tech in 2026→
- Jun 24, 2026FUNDINGValor Equity Partners Looks to Raise a $2.5B Fund VII on Its SpaceX and Anduril Marks$2.5B target→
All Coverage
FUNDING
Defense Tech's Record Year Is Concentrating, Not Broadening
Defense tech has already topped 2025's full-year funding record with four months left in 2026, but deal volume is barely up -- the dollars are concentrating into fewer, larger rounds led by Anduril and Castelion.
DEEP DIVE
Defense Tech's $35.6 Billion Year, By the Comps
FUNDING$35.6B YTD (+40%)
Defense Tech's $35.6 Billion Year, By the Comps
Anduril at $61 billion, Castelion at $13 billion, True Anomaly at $600 million raised -- the named rounds behind defense tech's $35.6 billion year explain what's actually driving the category better than the aggregate number does.
DEEP DIVE
SEC Accuses Boiler Room of $74M SpaceX, Anthropic Fraud
REGULATION$74M raised, $23M in fees
SEC Accuses Boiler Room of $74M SpaceX, Anthropic Fraud
The SEC accused a Long Island-based operation, the Spaventa Group, of running a boiler room that sold retirees marked-up private shares in SpaceX, Anthropic, Anduril and Perplexity, collecting more than $74 million and $23 million in undisclosed fees.
DEEP DIVE
Defense Tech's Funding Boom Still Has Room to Run
FUNDING$35.6B H1 defense funding
Defense Tech's Funding Boom Still Has Room to Run
Anduril's talks for a $100 billion valuation, up from $61 billion two months ago, are the headline, but the real story is how deep the defense-tech funding bench has gotten behind it.
DEEP DIVE
SEC Charges $74M Pre-IPO Share Boiler Room
REGULATION$74M scheme
SEC Charges $74M Pre-IPO Share Boiler Room
The SEC charged Long Island financier Andrew Spaventa and three entities with defrauding 800+ retail investors of $74 million by marking up pre-IPO shares of SpaceX, Anthropic, Anduril and Perplexity sold via cold-calling agents.
DEEP DIVE
Anduril Backers Give Cambridge Aerospace $3.4B Valuation
FUNDING$300M Series C
Anduril Backers Give Cambridge Aerospace $3.4B Valuation
Cambridge Aerospace, a British drone-and-missile interceptor startup, raised a $300 million Series C led by DFJ Growth at a $3.4 billion valuation, taking its total raised past $630 million in under two years.
DEEP DIVE
Defense Tech's Valuation Ladder Gains a New Rung
FUNDING~$100B talks
Defense Tech's Valuation Ladder Gains a New Rung
Anduril remains in talks to raise at a roughly $100B valuation just weeks after Hadrian's own 5x step-up to $7.87B — two data points suggesting defense-tech valuations are compounding faster than the underlying contract backlogs are being disclosed.
BRIEF
Hadrian Raises $1.37B to Automate Defense Factories
FUNDING$1.37B Series D
Hadrian Raises $1.37B to Automate Defense Factories
Hadrian raised a $1.37B Series D at a $7.87B valuation -- roughly 5x its prior mark -- to build automated factories that machine precision parts for SpaceX, Anduril and other aerospace and defense suppliers.
BRIEF
Why Anduril's $100B Ask Is Really About Buying Time
FUNDING
Why Anduril's $100B Ask Is Really About Buying Time
Anduril is exploring a new round that could value it near $100 billion, more than triple the $61 billion mark from its $5 billion raise months ago -- a jump that reads more like an IPO stall tactic than pure growth.
Defense Tech's $14.6B Pace Shows No Sign of Slowing
FUNDING$14.6B H1 2026
Defense Tech's $14.6B Pace Shows No Sign of Slowing
Defense tech startups raised $14.6 billion in the first five months of 2026 alone, already blowing past the previous full-year record of $9.6 billion set in 2025, led by Anduril, Shield AI and Saronic.
Defense Tech's Funding Smashes Records Again in 2026
FUNDING$14.6B+ into defense tech in 2026
Defense Tech's Funding Smashes Records Again in 2026
Defense tech startups have already pulled in more than $14.6 billion in venture funding in 2026, surpassing all of 2025's record $9.6 billion, led by Anduril, Shield AI and Saronic megarounds.
Valor Equity Partners Looks to Raise a $2.5B Fund VII on Its SpaceX and Anduril Marks
FUNDING$2.5B target
Valor Equity Partners Looks to Raise a $2.5B Fund VII on Its SpaceX and Anduril Marks
Antonio Gracias's Valor Equity Partners is raising a $2.5 billion Fund VII, per Bloomberg -- a step up from the $2.35 billion Fund VI it closed in 2024. A long-time backer of Elon Musk's companies, Valor has reserved part of the new fund for additional SpaceX investment, where it owns roughly 4% of the now-public rocket maker.
Value Add Research
- Market & Trends · Aug 27, 2026Anduril Industries: The $61B Defense Startup's Business Model
- VC & Investing · Jul 15, 2026$61B Anduril IPO — Valuation, Revenue & Timeline
- VC & Investing · Sep 2, 2026Josh Kushner: How Thrive Capital Became Tech's Most Important Firm
- Market & Trends · Aug 27, 2026Base Power Valuation 2026: $13B After a $1B Series D in 10 Months
- VC & Investing · Aug 11, 2026$3.4B Cambridge Aerospace — UK Defense Tech
- Fundraising · Aug 7, 2026Hadrian Raises $1.37B Series D at $7.87B Valuation
- AI & Technology · Jul 31, 2026$450B Palantir — How It Makes Money (2026)
- Market & Trends · Jul 19, 2026US-China Decoupling 2026: AI-GPU Self-Sufficiency Hits 41%
Related Companies
Anduril Industries FAQ
What is Anduril Industries's valuation?
Anduril Industries's valuation is $61B (As of May 13, 2026, TechCrunch).
How much has Anduril Industries raised?
Anduril Industries has raised $11B+ in total funding (As of May 13, 2026, TechCrunch).
Who are Anduril Industries's investors?
Anduril Industries's investors include Founders Fund, Andreessen Horowitz, Sands Capital, Thrive Capital, 8VC, and 17 more (As of May 13, 2026).
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet2 facts
- TechCrunchmajor outlet1 fact
- GovConWireValue Add VC data1 fact
- Gunderson DettmerValue Add VC data1 fact
- Value Add Pulse researchValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.