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Helsing

AI software for battlefield decision-making, sensor fusion, and autonomous defense systems.
Defense 📍 Munich, Germany Founded 2021
Current Valuation
$18B
as of 2026-Q3
DECACORN

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.
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.
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.

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 · 1 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
Secondary market period returns3-month+38.6%6-month+97.0%1-year+109%All-time+1894%
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

RoundAmountDateLead InvestorPost-Money
Late Stage$1.8BJul 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 2026-08-19. Re-checked weekly.

Talent Signal

Hiring trend
Hiring steady
19% of roles posted in last 30d
Open roles
136
via greenhouse
Product-build share
66%
engineering, research, product, design
Trajectory
steady
heavy product build — 66% of open roles are product-building functions (engineering/research/product) — 54 of 136 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month136Aug '26
Open roles by function
Open roles by functionEngineering54Other28Hardware12Research9Design6Finance & Strategy6Marketing3Data & ML3Support3
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 - ML EngineeringAI Research Engineer - ML & Signal Processing
Counted from Helsing'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

Torsten ReilGundbert ScherfNiklas Köhler

Investors

Prima Materia · General Catalyst · Accel · Lightspeed Venture Partners · Saab AB · Plural

Products

  • Altra (AI mission software)
  • HX-2 strike drones
  • HF-1 underwater autonomy
  • Centaur fighter-jet AI pilot

Competitors

Anduril · Palantir · Shield AI · Quantum Systems
defenseaieuropeautonomous-systemsdronesRecently Funded
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.