Anduril vs Vannevar Labs
Side-by-side equity comparison for employees weighing offers at Anduril or Vannevar Labs. Valuations, funding history, headcount growth, and secondary-market context.
| Anduril | Vannevar Labs | |
|---|---|---|
| Latest valuation | $31B | Not publicly disclosed |
| Latest round | Series F | Series C |
| Round date | August 2024 | — |
| Total raised | $3.7B | $262M |
| Founded | 2017 | 2019 |
| Headquarters | Costa Mesa, CA | San Francisco, CA |
| Employees | 4 | 193 |
| Employee YoY growth | +33% | -5% |
| Primary industry | Aerospace & Defense | Aerospace & Defense |
| Secondary-market price | $94.45 | — |
| Base-case equity multiple | — | — |
| Upside equity multiple | — | — |
| Lead investors | Andreessen Horowitz, Founders Fund | Founders Fund, DFJ Growth |
| Status | private | private |
Overview
Anduril Industries builds autonomous defense systems including surveillance towers, counter-drone technology, and autonomous aircraft, powered by its Lattice AI platform for military and national security applications.
Defense technology company building AI-powered tools for intelligence analysis and decision-making used by national security and defense agencies.
Why we compare these
Anduril and Vannevar Labs both appear on Defense-tech unicorns .
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.