Anduril funding rounds & valuation history
Anduril’s Series E to Series H, the reported talks before each close and since, and the October 2026 employee tender, labelled as a closed round, talks or a tender. Each row gives the amount, lead investors, valuation and its source.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Tender |
Employee tender offerOpened 13 Oct, scheduled to close 9 Nov 2026. Current and former employees in 16 countries eligible. Existing shares only; no new money to Anduril.No result (shares sold) announced as of 13 Nov 2026. |
Up to $1.3BCap reported by Bloomberg (via CNBC); final amount not disclosed |
Not disclosed |
About $90BTender price of $94.80 a share; valuation confirmed by Anduril to CNBC. Not a primary round. |
—Not disclosedTender price, not a new round; no multiple |
||
Reported talks |
Reported talks (new round)Possible two-stage structure, with a second tranche at a higher valuation within about a year. Outcome: no round announced as of 13 Nov 2026. |
Not determinedReuters could not determine the size |
—Not disclosed |
About $100BReported by Reuters (via TechCrunch and Benzinga). Anduril: no plans finalised. |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Closed round |
Series HAnduril: revenue more than doubled to $2.2B in 2025. That is a calendar-year figure, not a run-rate, so no multiple is shown. |
$5B |
Thrive Capital, Andreessen Horowitz |
$61BValuation stated by Anduril; pre- or post-money not stated2.00× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Reported talks |
Reported talks (became the Series H)Outcome: closed 13 May 2026 at $5B and $61B. |
About $4BAxios: “around $4 billion”; an earlier Bloomberg report said up to $8B (via TechCrunch) |
Thrive Capital, Andreessen Horowitz |
About $60BReported by the WSJ (via TechCrunch) and Axios |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Closed round |
Series GSpokesperson: over 8× oversubscribed. No Anduril press release was found for this round. |
$2.5BFounders Fund’s share: $1B |
Founders Fund |
$30.5BStated by an Anduril spokesperson to TechCrunch; pre- or post-money not stated2.18× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Reported talks |
Reported talks (became the Series G)Outcome: closed 5 Jun 2025 at $2.5B and $30.5B. |
Up to $2.5B |
Founders Fund (expected) |
Up to $28BReported by CNBC (via TechCrunch) |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Closed round |
Series F |
$1.5B |
Founders Fund, Sands CapitalAlso: Fidelity, Counterpoint Global, Baillie Gifford (new); Altimeter, Franklin Venture Partners (existing) |
$14BValuation stated by Anduril; pre- or post-money not stated1.65× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series EAnduril: “nearly doubling” its June 2021 valuation. Earliest round in this tracker. |
$1.48B |
Valor Equity PartnersAlso: Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital and others |
$8.48BValuation stated by Anduril; pre- or post-money not stated |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Closed rounds only, at the valuation Anduril stated (it does not say pre- or post-money). Talks and the tender are not plotted.
Sources: Anduril announcements (Series E, F, H); TechCrunch citing an Anduril spokesperson (Series G). US$ billions, linear scale.
Talks vs. closings
What was reported in talks, and what actually closed.
- 2 Dec 2022 · Closed
Series E: $1.48B at $8.48B, led by Valor.
- 7 Aug 2024 · Closed
Series F: $1.5B at $14B.
- 7 Feb 2025 · Talks
Up to $2.5B at up to $28B (CNBC).
- 5 Jun 2025 · Closed
Series G: $2.5B at $30.5B, led by Founders Fund.
- 3 Mar 2026 · Talks
About $4B at about $60B (WSJ; Axios).
- 13 May 2026 · Closed
Series H: $5B at $61B. This is the last closed valuation.
- 24 Jul 2026 · Talks
New round at about $100B (Reuters); size not determined.
- 13 Oct 2026 · Tender
Employee tender at $94.80 a share, about $90B; capped at $1.3B.
Cite this dataset
Free to quote with a link back. Copy this citation:
Anduril Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/anduril/
Download the data
The same 8 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
anduril-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/anduril-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A priced equity round Anduril announced (or, for the Series G, confirmed through a spokesperson). Anduril states a valuation but not whether it is pre- or post-money; the chart shows it as stated.
Reported talks
A round reported before it closed, attributed to the outlet that reported it. Paired with the round it became where there is one. No multiple.
Tender
A sale of existing shares by employees to investors. No new money to Anduril; the valuation is shown but not charted.
Valuation ÷ run-rate
Valuation ÷ the run-rate revenue the company stated in that round’s announcement (GNF calc.). Anduril has stated calendar-year revenue ($2.2B for 2025; about $1B for 2024), not a run-rate, so no multiples are shown.
What is not a separate row
Rounds before the Series E (2021 and earlier). Contracts and program awards are not funding. Secondary-market and crypto-token prices are not company figures. Anduril has not filed for an IPO.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled: Series E to H, three reported talks and the Oct 2026 tender, checked against the linked sources.
Sources
- Anduril: Anduril Announces $5B Series H Raise, 13 May 2026
- Anduril: Anduril Raises $1.5 Billion to Rebuild the Arsenal of Democracy, 7 Aug 2024
- Anduril: Anduril Raises $1.48 Billion in Series E Funding, 2 Dec 2022
- CNBC: Anduril employee tender offer would value the defense tech startup at $90 billion, 14 Oct 2026
- The Next Web: Anduril opens a $1.3bn employee tender at a $90bn valuation, 17 Oct 2026
- TechCrunch: Anduril reportedly in talks to raise funding at $100B valuation, 24 Jul 2026
- Benzinga: Palmer Luckey’s Anduril Explores Funding Round at $100B Valuation, Jul 2026
- TechCrunch: Anduril raises $5B, doubles valuation to $61B, 13 May 2026
- TechCrunch: Anduril aims at $60 billion valuation in new funding round, 3 Mar 2026
- Axios: Anduril raising $4 billion at a $60 billion valuation, 4 Mar 2026
- TechCrunch: Anduril raises $2.5B at $30.5B valuation led by Founders Fund, 5 Jun 2025
- TechCrunch: Anduril in talks to raise up to $2.5B at $28B valuation, 7 Feb 2025
- TechCrunch: Anduril raises $1.5B at a $14B valuation, 7 Aug 2024