AI software for battlefield decision-making, sensor fusion, and autonomous defense systems.
Helsing builds AI software that fuses sensor data into real-time battlefield awareness and autonomously controls drones, strike systems, and fighter jet AI pilots. Valued at $12B after a €600M Series D in June 2025, it is Germany's most valuable defense startup and Europe's flagship answer to Anduril.
Defense📍 Munich, GermanyFounded 2021
Current Valuation
$18B
as of 2026-Q3
DECACORN
QL Price
$18B
0% vs last round
QuantLogix's current estimate for Helsing, published 2026-10-08 — in line with the last disclosed round of $18B (2026-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$18B
2026-Q3
weight 0.98
Secondary market print
$18B
2026-06-27
weight 0.54
How this price has held up
No round has priced for Helsing since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-08 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Helsing, 2026-10-08 (c6efdf2240ac91de).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Helsing going public?
No. Helsing is private and has not filed to go public. There is no S-1 on file.
What is Helsing's valuation in 2026?
Helsing is valued at $18B as of 2026-Q3, set by its Late Stage ($1.8B, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Helsing filed an S-1?
No public S-1 is on file for Helsing.
Who are Helsing's investors?
Helsing's investors include Prima Materia, General Catalyst, Accel, Lightspeed Venture Partners, Saab AB, Plural.
How much has Helsing raised?
Helsing has raised $3.6B in total across 1 disclosed round, most recently a Late Stage of $1.8B in Jul 2026.
Is Helsing publicly traded — can you buy Helsing stock?
No. Helsing is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Helsing on its Pre-IPO Access Desk.
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.
Company Profile
CEO
Gundbert Scherf
Founded
2021
HQ
Munich, Germany
Employees
~600
Total Raised
$3.6B
Last Round
Late Stage — $1.8B (Jul 2026)
IPO Status
private
Fundraising Status
Late Stage · $1.8B · 3 mo ago
privateTotal raised $3.6B1 disclosed rounds
Late Stage Impact
Round Size
$1.8B
Primary financing announced
Post-Money Valuation
$18B
Company-announced mark
Round / Post-Money
10.0%
New capital ÷ post-money
Disclosed Funding
$3.6B
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
$19.94
Open interest
10
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 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 →
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Late Stage
$1.8B
Jul 2026
—
$18B
Vertical Intelligence — Defense / Aerospace
No name-verified federal prime awards for Helsing in the last 36 months on USASpending.gov — revenue may be classified, flow through subcontracts, or be non-US. Absence of a registry match is reported as-is.
Checked usaspending.gov as of 2026-10-04. Re-checked weekly.
Talent Signal
Hiring trend
▲ Hiring uptrend
+10% vs 2026-08
Open roles
149
via greenhouse
Product-build share
64%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 64% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
AI Research Engineer - 3D Computer VisionAI Research Engineer - AI SafetyAI Research Engineer - Computer VisionAI Research Engineer - Foundation ModelsAI Research Engineer - GPU SimulationAI Research Engineer - ML Engineering
Counted from Helsing's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Torsten ReilGundbert ScherfNiklas Köhler
Investors
Prima Materia · General Catalyst · Accel · Lightspeed Venture Partners · Saab AB · Plural
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.