Anduril Industries
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Investors
Founders
About
Anduril Industries is a defense technology company founded in June 2017 by Palmer Luckey (co-founder of Oculus VR), Trae Stephens (formerly of Founders Fund and Palantir), Brian Schimpf (former Palantir engineering director), Matt Grimm, and Joseph Chen 1. The company builds autonomous systems, AI-powered surveillance, and weapons platforms for the U.S. Department of Defense and allied governments 1. As of 2025, Anduril reported approximately $2.1 billion in revenue 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| Aug 2017 | Seed | $17.5M | Founders Fund | — 1 |
| Jun 2018 | Series A | $41M | Founders Fund | SV Angel, Human Capital 1 |
| Sep 2019 | Series B | ~$120M | Founders Fund | Andreessen Horowitz 13 |
| Jul 2020 | Series C | $200M | Andreessen Horowitz | — 4 |
| 2021-06-17 | Series D | $450M | Elad Gil | Andreessen Horowitz, Founders Fund, General Catalyst, 8VC, Lux Capital, Valor Equity Partners, D1 Capital Partners 5614 |
| Dec 2022 | Series E | $1.48B | Valor Equity Partners | Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom 7 |
| Aug 2024 | Series F | $1.5B | Founders Fund, Sands Capital (co-lead) | Fidelity, Franklin Venture Partners, Altimeter 89 |
| Jun 2025 | Series G | $2.5B | Founders Fund ($1B) | Sands Capital, Andreessen Horowitz, Fidelity, General Catalyst 210 |
| 2026-05-13 | Series H | $5B (at $61B val) | Thrive Capital, Andreessen Horowitz | Founders Fund, Lux Capital 111213 |
Total raised: over $10 billion 12. Valued at ~$60 billion as of March 2026 11.
What Investors Say
No verified investor quotes found at this time.
What Founders Say
Brian Schimpf, CEO and co-founder, on Anduril’s Series C:
“Our business continues to accelerate with a suite of software and hardware products and an expanding roster of customers.” 4
Sources
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Contrary Research, “Anduril Industries Business Breakdown & Founding Story,” accessed March 2026. https://research.contrary.com/company/anduril↩↩↩↩↩
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Sacra, “Anduril revenue, valuation & funding,” accessed March 2026. https://sacra.com/c/anduril/↩↩
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CNBC, “Anduril valued at $1 billion in round including Andreessen Horowitz,” September 2019. https://www.cnbc.com/2019/09/11/anduril-valued-at-1-billion-in-round-including-andreessen-horowitz.html↩
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Built In LA, “Defense Tech Company Anduril Reaches $1.9B Valuation After $200M Raise,” July 2020. https://www.builtinla.com/articles/anduril-2b-valuation-200m-series-c↩↩
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CB Insights Research, “Andreessen Horowitz-Backed Anduril Raises $450M For Its Defense Tech,” June 2021. https://www.cbinsights.com/research/anduril-series-d-funding/↩
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TechCrunch, “Anduril raises $450M as the defense tech company’s valuation soars to $4.6B,” June 2021. https://techcrunch.com/2021/06/17/anduril-funding-series-d-valuation/↩
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Axios, “Defense startup Anduril raises $1.48 billion in Series E funding,” December 2022. https://www.axios.com/2022/12/02/anduril-capital-raise-billion-defense-technology↩
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TechCrunch, “Anduril raises $1.5B to hyper-scale defense production,” August 2024. https://techcrunch.com/2024/08/07/anduril-raises-1-5b-to-hyper-scale-defense-production/↩
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Cooley, “Founders Fund Co-Leads Anduril’s $1.5 Billion Series F,” August 2024. https://www.cooley.com/news/coverage/2024/2024-08-07-founders-fund-co-leads-andurils-1-5-billion-series-f↩
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TechCrunch, “Anduril raises $2.5B at $30.5B valuation led by Founders Fund,” June 2025. https://techcrunch.com/2025/06/05/anduril-raises-2-5b-at-30-5b-valuation-led-by-founders-fund/↩
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TechCrunch, “Anduril aims at $60 billion valuation in new funding round,” March 2026. https://techcrunch.com/2026/03/03/anduril-aims-at-60-billion-valuation-in-new-funding-round/↩↩
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Axios, “Anduril raising $4 billion at a $60 billion valuation,” March 2026. https://www.axios.com/2026/03/04/anduril-palmer-luckey-valuation↩↩
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Bloomberg, “Anduril Valued at $61 Billion in Round Led by Thrive, Andreessen,” May 13, 2026. Accessed May 2026. https://www.bloomberg.com/news/articles/2026-05-13/anduril-valued-at-61-billion-in-round-led-by-thrive-andreessen — $5B Series H announced May 13, 2026, co-led by Thrive Capital and Andreessen Horowitz at $61B post-money valuation; doubling from June 2025 $30.5B valuation. Cross-referenced with CNBC, “Anduril doubles valuation to over $60 billion as defense tech funding boom continues,” May 13, 2026. https://www.cnbc.com/2026/05/13/anduril-valuation-defense-tech-funding-boom.html — confirms 2025 revenue more than doubled to $2.2B. ↩
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Orange County Business Journal, “Anduril Gets $450M in Series D Funding,” June 17, 2021, accessed May 2026. https://www.ocbj.com/news/2021/jun/17/anduril-gets-450m-series-d-funding/ — Contemporaneous local press confirming the June 17, 2021 announcement of Anduril’s $450M Series D at $4.6B valuation, led by Elad Gil, with Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners participating. ↩