About Anduril
Anduril Industries is a defense product company that builds technology for military agencies and border surveillance.
Headquarters
Anduril, Costa Mesa
Founded
2017-01-01
Industry
Aerospace, Artificial Intelligence (AI), Government, Military, National Security
Last Funding Type
Series F
Valuation
25
Total Funding
$3.67 billion dollars
IPO Status
Private
Financial
Anduril Industries is focused on developing advanced defense technologies, including counter-drone systems, aerial vehicles with deployable components, and lattice mesh networks for secure communications. Their innovations extend to rolling and rotating release launching systems for drones, enhancing payload deployment while minimizing drag and environmental impact. They are also advancing auto-focus tracking for remote flying targets, modular RF systems for object detection and tracking, and planning tools for operations involving semi-autonomous drones. Anduril's R&D efforts are geared towards improving military and border surveillance capabilities through sophisticated hardware and software solutions.
Anduril Industries is set to build a new production facility in Rhode Island to produce 200 underwater drones annually. The company has also been awarded a $19 million contract to design, build, and test second-stage rocket motors for the U.S. Navy. Additionally, Anduril is in talks to raise $1.5 billion to increase its valuation to $12.5 billion or more.
Anduril Industries is set to build a new production facility in Rhode Island to produce 200 underwater drones annually. The company has also been awarded a $19 million contract to design, build, and test second-stage rocket motors for the U.S. Navy. Additionally, Anduril is in talks to raise $1.5 billion to increase its valuation to $12.5 billion or more.
Funding Rounds
8
Number of Lead Investors
6
Total Funding Amount
$3.67 billion dollars
Number of Investors
49
Anduril vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Anduril | $25B | $3.67B | 8 |
| Weights & Biases | $5B | $250.00M | 7 |
| SeekOut | $1B | $188.60M | 4 |
| Dataiku | $4B | $846.84M | 11 |
| SandboxAQ | $8B | $825.00M | 3 |
| Collibra | $5B | $596.52M | 9 |
| Cerebras Systems | $26B | $715.00M | 7 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Latch | $1.6B | $342.12M | 7 |
| Zoox | $2B | $1.01B | 5 |
| SparkCognition | $1B | - | - |
| Astranis | $11B | $753.50M | 9 |
| Shield AI | $5B | $1.07B | 14 |
| Databricks | $38B | $14.00B | 13 |
| Asapp | $2B | $380.00M | 5 |
| InsideSales.com | $3B | $251.20M | 6 |
| Gong.io | $7B | $583.00M | 8 |
| Anthropic | $12B | $13.74B | 11 |
| Dialpad | $2B | $450.00M | 9 |
| Grammarly | $39B | $400.00M | 3 |
| Epirus | $1B | $287.63M | 4 |
| Groq | $4B | $1.00B | 6 |
| SpaceX | $137B | $9.77B | 38 |
| Sarcos Technology and Robotics | $1.3B | $323.13M | 7 |
| Synthego | $1B | $459.69M | 9 |
| Cylance | $1B | $297.00M | 6 |
| SentinelOne | $9B | $696.52M | 9 |
| Tonal | $3B | $580.00M | 7 |
| Meta Platforms | $104B | $25.61B | 15 |
| Volocopter | $1B | $544.37M | 7 |
| Trax Retail | $5B | $1.08B | 13 |
| Skydio | $4B | $740.00M | 9 |
| Cruise | $330B | $15.97B | 13 |
| Vianai | $2B | $190.00M | 2 |
| Clari | $3B | $496.00M | 8 |
| Pilot | $9B | $172.10M | 6 |
| Hugging Face | $10B | $395.20M | 7 |
| Vercel | $8B | $563.00M | 5 |
| Placer.ai | $6B | $267.51M | 10 |
| Lucid | $3B | $3.82M | 4 |
| Joby Aviation | $4.5B | $2.68B | 13 |
| Udacity | $2B | $240.00M | 6 |
| Evolv Technology | $1.7B | $483.32M | 10 |
| SWORD Health | $2B | $453.47M | 11 |
| HyperScience | $7B | $288.88M | 9 |
| SmartNews | $2B | $410.29M | 6 |
| Planet Labs | $2.8B | $573.90M | 10 |
| Cohesity | $10B | $955.00M | 10 |
| ThoughtSpot | $13B | $663.70M | 12 |
| Veriff | $6B | $192.32M | 7 |
| Motive | $3B | $567.30M | 9 |
| Ada (Business/Productivity Software) | $1B | $190.62M | 7 |
| Rebellion Defense | $1B | $150.00M | 2 |
| Boom Supersonic | $8B | $307.50M | 16 |
| AlphaSense | $2B | $1.42B | 12 |
| Cresta | $6B | $276.00M | 5 |
| MarkForged | $2.1B | $346.80M | 7 |
| Invoca | $1B | $201.50M | 7 |
| People.ai | $4B | $200.00M | 9 |
| Upstart | $10B | $944.05M | 9 |
| Graphcore | $8B | $682.00M | 7 |
| Alation | $7B | $314.95M | 7 |
| View (Building Products) | $1.6B | $2.57B | 20 |
| Vast | $4B | $381.00M | 7 |
| FiscalNote | $1.3B | $637.33M | 23 |
| Salt Security | $1B | $271.00M | 8 |
| Wheels Up | $2.1B | $1.92B | 10 |
| Pilot.com | $1B | $172.10M | 6 |
| DataStax | $5B | $342.57M | 10 |
| Insider | $5B | $772.10M | 9 |
| York Space Systems | $2B | - | 2 |
| OpenAI | $20B | $21.90B | 10 |
| Innovaccer | $3B | $379.10M | 7 |
| Iterable | $2B | $342.20M | 7 |
| Dataminr | $41B | $1.05B | 14 |
| Mirakl | $7B | $6.41M | 5 |
| Bellabeat | $8B | $18.82M | 7 |
| Moveworks | $4B | $305.00M | 3 |
| GrubMarket | $20B | $499.10M | 8 |
| Firefly Aerospace | $1B | $746.56M | 10 |
| Outreach | $22B | $489.02M | 13 |
| SoundHound | $2.1B | $451.00M | 11 |
| Salesforce | $1.1B | $65.38M | 7 |
| iRobot | $2B | $230.00M | 6 |
| $23.1B | $26.10M | 3 | |
| Clio | $3B | $1.29B | 6 |
| Kong | $7B | $344.10M | 7 |
| Owkin | $3B | $304.10M | 8 |
| Aiven | $6B | $420.00M | 6 |
Growth Trends & Market Impact
Anduril Industries secured a $1.5 billion deal, highlighting strong venture capital interest in defense technology.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 07.08.2024 | $1.50 billion dollars |
Founders Fund Sands Capital Ventures |
| №2 | 02.12.2022 | $1.48 billion dollars |
Valor Equity Partners |
| №3 | 17.03.2022 | $1.48 billion dollars | |
| №4 | 17.06.2021 | $450.00 million dollars |
Elad Gil |
| №5 | 01.07.2020 | $200.00 million dollars |
Andreessen Horowitz |
| №6 | 11.09.2019 | $200.00 million dollars |
Andreessen Horowitz General Catalyst |
| №7 | 11.06.2018 | $41.00 million dollars |
Founders Fund |
| №8 | 11.08.2017 | $41.00 million dollars |
Founders Fund |