Industrial · Aerospace & Defense
Anduril
Costa Mesa, USA · Series G-1
Latest valuation — May 2026 Series H, $5B raised at $61B (Thrive Capital + a16z)
$30.5B → $61.0B · Jun 2025–May 2026
Probability modeled from funding stage, momentum & liquidity signals.
Valuation Trajectory
Funding-round staircase from founding · log scale. Filled dots are verified marks; hollow dots are the modeled round ladder between them.
IPO Model Drivers
Why the odds read this way
Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.
Down-Round Risk
Valuation downside pressure
Strong momentum (valuation up 100%) and a late financing stage make a down round unlikely near-term.
Asset brief
Anduril is an Industrial · Aerospace & Defense company last marked at $61B (cross-verified by 3 independent sources). Stage: Series G-1, $500MM raised to date. Valuation momentum is +100.0% ($30.5B → $61B). The transparent model puts IPO odds at 47% over the next 24 months. 8 verified events in the last 30 days — most recently: "Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation - CNBC".
Anduril Industries, Inc. is an American defense technology company that specializes in the development of advanced autonomous systems. Its main products include unmanned aerial systems, surveillance towers, and command and control software for the defense sector.
Capital Timeline
Funding & liquidity milestones
Series G-1
$500MM raised · $61B
Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation - CNBC
Jul 2026Funding · CNBC
Anduril CEO Warns AI and Defense Valuations Are Becoming Dangerously Overvalued, Says Company Isn't Rushing to IPO - Yahoo Finance
Jul 2026IPO signal · Yahoo Finance
Anduril CEO Warns Against IPO During Hype Cycles at $61B - The Tech Buzz
Jul 2026IPO signal · The Tech Buzz
Anduril delays IPO amid high valuations and mar... - Pluang
Jul 2026IPO signal · Pluang
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’ - CNBC
Jul 2026IPO signal · CNBC
SEC settles charges with advisor who falsely promised investors pre-IPO shares of Anduril - MSN
Jul 2026IPO signal · MSN
Backed by
Comparables
Signals
- FundingCNBC
Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation - CNBC
- IPOYahoo Finance
Anduril CEO Warns AI and Defense Valuations Are Becoming Dangerously Overvalued, Says Company Isn't Rushing to IPO - Yahoo Finance
- NewsBenzinga
Anduril CEO Warns AI and Defense Valuations Are Becoming Dangerously Overvalued, Says Company Isn't Rushi - Benzinga
- IPOThe Tech Buzz
Anduril CEO Warns Against IPO During Hype Cycles at $61B - The Tech Buzz
- IPOPluang
Anduril delays IPO amid high valuations and mar... - Pluang
- IPOCNBC
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’ - CNBC
- News24/7 Wall St.
What Betting Markets Really Think About the Stripe, Discord, and Anduril IPOs - 24/7 Wall St.
- IPOMSN
SEC settles charges with advisor who falsely promised investors pre-IPO shares of Anduril - MSN