Anduril — Startup Profile
Defense technology firm building autonomous systems and AI-driven platforms for military applications
HQ: Costa Mesa, CA, United States | Founded: 2017 | Employees: 4,100+ | Stage: Late Stage VC | Funding: $2.8B | Website: https://www.anduril.com
About
Anduril Industries develops autonomous defense systems and software, combining hardware products—such as the Fury Collaborative Combat Aircraft, Sentry surveillance towers, and the Arsenal-1 manufacturing facility—with its proprietary Lattice AI platform for command-and-control. The company follows a product-first strategy, privately funding substantial R&D to build deployable systems before formal government program awards, differentiating it from traditional defense contractors that build to detailed government specifications. Its primary customer is the U.S. military, anchored by a reported $20 billion Army contract. The company recorded $2.2 billion in revenue in 2025.
The Take
Anduril Industries is a defense technology company that builds autonomous hardware and AI software systems—including the Lattice AI platform, Fury collaborative combat aircraft, and Sentry Towers—for U.S. military and allied customers, having doubled its valuation to $61 billion in 2026 on the back of a $20 billion Army contract, $2.2 billion in 2025 revenue, and a product-first model that funds private R&D before government program awards.
Key Metrics
- Latest Valuation: $61B
- Last Round: $5B Series H
- Total Funding: $11.3B (estimate)
- Headcount: 4,100+
- Founded: 2017
- Est. Runway: 25 months (sandbox estimate)
Funding Rounds
- Round: $5B (2026-05-13) — Thrive Capital, Andreessen Horowitz
- Round: $2.5B (2025-06-05) — Founders Fund
Key People
- Brian Schimpf
- Matt Grimm
- Palmer Luckey
- Trae Stephens
- Joe Chen
Key Competitors
- Palantir Technologies —
- Lockheed Martin —
- Northrop Grumman —
- General Atomics —
Timeline Highlights
- 2026-05-13: Series H Funding
- 2025-06-05: Series G Funding
- 2017: Company Founded
Recent News
- Anduril Valued at $61 Billion in Round Led by Thrive, Andreessen (2026-05-13)
- Anduril Raises $2.5B at $30.5B Valuation Led by Founders Fund (2025-06-05)
- Anduril Records $2.2 Billion in 2025 Revenue, Doubles Workforce (2026-05)
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Category: Aerospace & Defense Startups
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