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Anduril Industries

Defense-tech company building autonomous systems and Lattice OS for the Pentagon
Defense 📍 Costa Mesa, CA Founded 2017
Current Valuation
$61B
as of 2026-Q2
DECACORN

IPO Outlookprivate

Is Anduril Industries going public in 2027?
No. Anduril Industries has no imminent IPO plans on record — the earliest talked-about window is 2027. It is still private.
What is Anduril Industries' valuation in 2026?
Anduril Industries is valued at $61B as of 2026-Q2, set by its Series H ($5.0B, May 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Anduril Industries filed an S-1?
No public S-1 is on file for Anduril Industries.
Who are Anduril Industries' investors?
Anduril Industries' investors include Thrive Capital, Founders Fund, Andreessen Horowitz, 8VC, Valor Equity Partners, Sands Capital.
Read the Anduril Industries pre-IPO deep dive · 05/22/2026
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Founded by Oculus creator Palmer Luckey, Anduril builds autonomous defense systems and the Lattice command-and-control AI for the US military and allies. Revenue roughly doubled to $2.2B in 2025 and the company raised a $5B Series H in May 2026 at a $61B post-money — double its valuation from eleven months earlier. In March 2026 the U.S. Army awarded a 10-year enterprise agreement with a ceiling up to $20B, consolidating more than 120 separate procurement actions into a single framework.

Company Profile

CEO
Brian Schimpf
Founded
2017
HQ
Costa Mesa, CA
Employees
~8,400
Total Raised
$11B
Est. Revenue
$2.2B (2025)
Growth
~120% YoY (2025)
Last Round
Series H — $5.0B (May 2026) · Lead: Thrive Capital & Andreessen Horowitz
IPO Status
no imminent plans

Fundraising Status

Series H · $5.0B · 3 mo ago
no imminent plansTotal raised $11B6 disclosed rounds

Series H Impact

Round Size
$5.0B
Primary financing announced
Post-Money Valuation
$61B
Company-announced mark
Valuation Step-Up
+100.0%
vs Series G at $31B
Round / Post-Money
8.2%
New capital ÷ post-money
Disclosed Funding
$11B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Secondary Market

Implied price / share
$130.03
Last round price / share
$68.9
vs last round
+88.7%
Last round price vs secondary price
Last round vs current secondary price per share$68.90Last round$130Current
Implied per-share price from private secondary transactions, as of Aug 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Growth & Valuation

Valuation across funding rounds
Valuation growth across funding rounds$1.9B$61BJul '20May '26
Valuation step-up per round
Valuation step-up per round2.4×Series D1.8×Series E1.6×Series F2.2×Series G2.0×Series H
Capital raised per round
Capital raised per funding round$200MSeries C$450MSeries D$1.5BSeries E$1.5BSeries F$2.5BSeries G$5.0BSeries H
Estimated revenue trend
Estimated revenue trend$500M$2.2B20232025
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series H$5.0BMay 2026Thrive Capital & Andreessen Horowitz$61B
Series G$2.5BJun 2025Founders Fund$31B
Series F$1.5BAug 2024Founders Fund$14B
Series E$1.5BDec 2022Valor Equity Partners$8.5B
Series D$450MJun 2021Elad Gil$4.6B
Series C$200MJul 2020Andreessen Horowitz$1.9B

Recent Activity

💰
Aug 2026 · Axios Pro Deals / Financial Times · funding
💰
Jul 2026 · Reuters / TechCrunch · funding
💰
May 2026 · TechCrunch · funding
🤝
Mar 2026 · DefenseScoop · partnership
Jul 2025 · Anduril · other

Vertical Intelligence — Defense / Aerospace

Federal awards
100+
prime contracts, last 36 months
Obligated
$2.2B+
top: Department of Defense
Largest award
$362.97M
Department of Homeland Security
Latest award
2026-08-06
Largest award: PURCHASE OF TOWERS (70B02C26F00000035)
Name-verified against recipient "ANDURIL INDUSTRIES, INC." on USASpending.gov as of 2026-08-19. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗

Talent Signal

Hiring trend
Hiring steady
29% of roles posted in last 30d
Open roles
2210
via greenhouse
Product-build share
71%
engineering, research, product, design
Trajectory
steady
heavy product build — 71% of open roles are product-building functions (engineering/research/product) — 842 of 2210 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month2210Aug '26
Open roles by function
Open roles by functionEngineering842Hardware501Other400Ops & People133Product107Security43Finance & Strategy42Design40Sales & GTM32
product-building   go-to-market / G&A
2026 Early Career Electrical Engineer2026 Early Career Engineering Finance Associate2026 Early Career Flight Test Engineer, Mission Autonomy2026 Early Career Manufacturing Engineer2026 Early Career Mechanical Engineer2026 Early Career Software Engineer
Counted from Anduril Industries's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Palmer LuckeyTrae StephensBrian SchimpfMatt GrimmJoe Chen

Investors

Thrive Capital · Founders Fund · Andreessen Horowitz · 8VC · Valor Equity Partners · Sands Capital

Products

  • Lattice OS (battlefield C2 AI)
  • Fury (CCA autonomous fighter)
  • Roadrunner (kinetic interceptor)
  • Barracuda (autonomous air vehicle)
  • Bolt / Bolt-M (UAS)
  • Ghost (helicopter UAS)
  • Ghost Shark / Dive-XL (subsea autonomy)
  • Sentry (autonomous surveillance towers)
  • Pulsar (electromagnetic warfare)
  • EagleEye (soldier mixed reality)

Competitors

Lockheed Martin (LMT) · Northrop Grumman (NOC) · Palantir (PLTR) · Shield AI
DefenseDefense TechDecacorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.