Anduril raises $5 billion in Series H as valuation doubles to $61 billion
Summary
Anduril raised $5 billion in a Series H round led by Thrive Capital and Andreessen Horowitz, valuing the company at $61 billion. The valuation more than doubled within a year since the Founders Fund-led round, and cumulative capital raised now exceeds $11 billion. Anduril reported $2.2 billion in 2025 revenue (up twofold year-over-year) and secured a $20 billion, 10-year contract with the U.S. Army while participating in multiple defense programs and international deals. The article frames the raise as part of a broader surge of venture capital into defense AI, noting large rounds for peers like Shield AI, Hermeus, and Helsing.
Funding
Amount
$5.0B
Total raised
Date
May 14, 2026
Announcement date
Investors
Thrive Capital, Sands Capital Management, Kholsa Ventures, Founders Fund, Andreessen Horowitz, U.S. Department of Defense
Lead investors
Company
anduril.com
Funded company
Classifications
industries
Government, Public sector
applications
ERP & Process Management
AskAI Classifications
Labels
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