Defense data and sensor mesh platform integrating disparate ISR feeds for the DoD and allied militaries
Defense & Space📍 El Segundo, CAFounded 2020
Current Valuation
$500M
as of 2025-Q2
PRIVATE
IPO Outlookprivate
Is Picogrid going public?
No. Picogrid has no imminent IPO plans on record. It is still private.
What is Picogrid's valuation in 2026?
Picogrid is valued at $500M as of 2025-Q2, set by its Series B ($50M, May 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Picogrid filed an S-1?
No public S-1 is on file for Picogrid.
Who are Picogrid's investors?
Picogrid's investors include Sequoia Capital, NATO Innovation Fund, Initialized Capital, Starburst Ventures, 8VC.
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.
Picogrid integrates data from heterogeneous defense sensors — drones, radars, satellite feeds, unattended ground sensors — into a unified operational picture for military commanders. Customers include the US Army, US Navy, US Marines, and allied militaries. Sequoia-led $50M Series B in May 2025 at a $500M valuation. Was in contention for a €300M Bundeswehr (German MoD) contract late 2025.
Company Profile
CEO
Carson Brown
Founded
2020
HQ
El Segundo, CA
Employees
~50
Total Raised
$75M
Growth
Strong (DoD contract revenue)
Last Round
Series B — $50M (May 2025) · Lead: Sequoia Capital
IPO Status
no imminent plans
Fundraising Status
Series B · $50M · 1y 3mo ago
no imminent plansTotal raised $75M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B
$50M
May 2025
Sequoia Capital
—
Vertical Intelligence — Defense / Aerospace
Federal awards
18
prime contracts, last 36 months
Obligated
$24.65M
top: Department of Defense
Largest award
$9.3M
Department of Defense
Latest award
2026-04-09
Largest award: PICOGRID PLATFORM EXTENDING SBIR RESEARCH IN LINE WITH CONGRESSIONAL INTENT IN SUPPORT OF THE PLATFORM FOR ACTIVE PROTECTION AND RECONNAISSA (FA488725C0005)
Name-verified against recipient "PICOGRID, 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
● First snapshot
trend accrues with monthly sweeps
Open roles
22
via ashby
Product-build share
41%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 41% builders vs 59% go-to-market/G&A — scaling both sides.
Counted from Picogrid'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
Carson BrownMike McCoy
Investors
Sequoia Capital · NATO Innovation Fund · Initialized Capital · Starburst Ventures · 8VC
Products
Picogrid Platform (sensor and ISR data integration)
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.