Epirus vs Helsing
Side-by-side equity comparison for employees weighing offers at Epirus or Helsing. Valuations, funding history, headcount growth, and secondary-market context.
| Epirus | Helsing | |
|---|---|---|
| Latest valuation | $2B | $14B |
| Latest round | Series C | Series C |
| Round date | — | September 2024 |
| Total raised | $350M | $750M |
| Founded | 2018 | 2021 |
| Headquarters | Torrance, CA | Munich, Germany |
| Employees | 242 | 672 |
| Employee YoY growth | +20% | +64% |
| Primary industry | Aerospace & Defense | Aerospace & Defense |
| Secondary-market price | — | — |
| Base-case equity multiple | 1x | — |
| Upside equity multiple | 2x | — |
| Lead investors | 8VC, Bedrock Capital | General Catalyst |
| Status | private | private |
Overview
Defense technology company building high-power microwave and directed energy systems for counter-drone and electronic warfare applications.
European defense AI company building real-time AI software for military applications across air, land, sea, and cyber domains.
Why we compare these
Epirus and Helsing both appear on Defense-tech unicorns .
Epirus appears on Sara's List 2024; Helsing is a direct competitor we track alongside it.
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.