Defense data and sensor mesh platform integrating disparate ISR feeds for the DoD and allied militaries
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.
Defense & Space📍 El Segundo, CAFounded 2020
Current Valuation
$500M
as of 2025-Q2
PRIVATE
QL Price
$500M
0% vs last round
QuantLogix's current estimate for Picogrid, published 2026-10-07 — in line with the last disclosed round of $500M (2025-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$500M
2025-Q2
weight 0.41
How this price has held up
No round has priced for Picogrid since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 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, Picogrid, 2026-10-07 (ecf9f04255819744).
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 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.
How much has Picogrid raised?
Picogrid has raised $75M in total, most recently a Series B of $50M in May 2025.
Is Picogrid publicly traded — can you buy Picogrid stock?
No. Picogrid 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 Picogrid 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
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 5mo 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
17
prime contracts, last 36 months
Obligated
$24.57M
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 2026-10-04. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗
Talent Signal
Hiring trend
▼ Hiring downtrend
-14% vs 2026-08
Open roles
19
via ashby
Product-build share
47%
engineering, research, product, design
Trajectory
tightening
product-led hiring — 47% of open roles build product; the rest are go-to-market and G&A.
Open roles trending down; no tracked executive churn.
Counted from Picogrid's live job board as of 2026-09-14; 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.