Shield AI revenue and valuation
Specter estimates Shield AI's annual revenue at $260M to $1.14B and its valuation at $23.9B to $34.6B. The company last reported $300M revenue in December 2025 and was priced at $28.8B in November 2026.
- Estimated revenue
- $260M–$1.14B
- Estimated valuation
- $23.9B–$34.6B
- Reported revenue
- $300M
- Total funding
- $7.08B
- Founded
- 2015
- Headquarters
- San Diego, United States
- Employees
- 1,948
Shield AI revenue
Shield AI last reported $300M revenue in December 2025. Specter's model puts current revenue between $260M and $1.14B.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $540M | $260M | $1.14B | ||
| $530M | $260M | $1.06B | ||
| $470M | $260M | $850M | ||
| $460M | $270M | $770M | ||
| $440M | $260M | $740M | ||
| $430M | $270M | $680M | ||
| $420M | $290M | $610M | ||
| $410M | $300M | $570M | ||
| $350M | $270M | $450M | ||
| $350M | $280M | $440M | ||
| $350M | $290M | $420M | $300M | |
| $300M | $90M | $500M | ||
| $290M | $83M | $500M | ||
| $230M | $71M | $390M | ||
| $200M | $76M | $320M | ||
| $196M | $68M | $320M | ||
| $220M | $65M | $370M | ||
| $183M | $66M | $300M | ||
| $176M | $56M | $300M | ||
| $189M | $56M | $320M | ||
| $147M | $68M | $230M | ||
| $142M | $57M | $230M | ||
| $146M | $60M | $230M | ||
| $149M | $56M | $240M | ||
| $170M | $51M | $290M | ||
| $180M | $53M | $310M | ||
| $182M | $43M | $320M | ||
| $200M | $57M | $350M | ||
| $180M | $61M | $300M |
| Date | Reported revenue | Source |
|---|---|---|
| $300M |
Shield AI valuation
Shield AI's valuation rose from $1.25B at its Series D in August 2021 to $28.8B at its Series H in November 2026. Specter's live estimate sits between $23.9B and $34.6B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $28.8B | $23.9B | $34.6B | ||
| $19.1B | $15.7B | $23.3B | ||
| $12.7B | $10.6B | $15.3B | $12.7B (press) | |
| $12.7B | $10.6B | $15.3B | $12.7B (press) | |
| $12.7B | $10.6B | $15.3B | $12.7B (press) | |
| $12.7B | $10.5B | $15.4B | ||
| $12.7B | $10.6B | $15.3B | $12.7B (press) | |
| $12.7B | $10.6B | $15.3B | $12.7B (round) | |
| $12.7B | $10.3B | $15.6B | ||
| $12.7B | $10.6B | $15.3B | $12.7B (press) | |
| $5.6B | $4.66B | $6.73B | $5.6B (press) | |
| $5.57B | $4.08B | $7.6B | ||
| $5.53B | $4.47B | $6.84B | ||
| $5.5B | $4.09B | $7.39B | ||
| $5.46B | $4.15B | $7.2B | ||
| $5.43B | $4.27B | $6.91B | ||
| $5.4B | $4.34B | $6.72B | ||
| $5.37B | $4.4B | $6.54B | ||
| $5.33B | $4.42B | $6.43B | ||
| $5.3B | $4.41B | $6.37B | $5.3B (round) | |
| $5.1B | $3.38B | $7.72B | ||
| $4.92B | $3.31B | $7.31B | ||
| $4.74B | $3.21B | $6.98B | ||
| $4.56B | $3.01B | $6.91B | ||
| $4.39B | $2.77B | $6.97B | ||
| $4.23B | $2.77B | $6.45B | ||
| $4.08B | $2.7B | $6.14B | ||
| $3.93B | $2.96B | $5.21B | ||
| $3.78B | $2.9B | $4.92B |
Shield AI funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Debt financing | $500M | Undisclosed | Undisclosed | |
| Series H | $2B | $28.8B | InnovationX, Blackstone, Disruptive | |
| Series H | $1B | $28.8B | Disruptive, Innovation X Advisors | |
| Series G | $2B | $12.7B | Advent International, JPMorganChase | |
| Debt financing | $250M | Undisclosed | Blackstone | |
| Series F | $20M | Undisclosed | Washington Harbour Partners | |
| Series F | $240M | $5.3B | L3Harris Technologies, Hanwha Aerospace | |
| Debt financing | $200M | Undisclosed | Hercules Capital | |
| Series F | $300M | $2.8B | Riot Ventures, US Innovative Technology Fund | |
| Series E | $60M | $2.3B | US Innovative Technology Fund | |
| Series E | $90M | $2.3B | Snowpoint Ventures | |
| Debt financing | $75M | Undisclosed | Undisclosed | |
| Series D | $210M | $1.25B | Disruptive | |
| Debt financing | $20M | Undisclosed | Undisclosed | |
| Series C | $70M | Undisclosed | Point72 Ventures | |
| Series B | $25M | Undisclosed | SVB Capital | |
| Series A | $10M | Undisclosed | Breyer Capital | |
| Series A | $10.5M | Undisclosed | Andreessen Horowitz | |
| Seed | $2.05M | Undisclosed | Undisclosed | |
| Angel | $595K | Undisclosed | Undisclosed |
Shield AI competitors
The military autonomy market splits between full-stack hardware manufacturers and software-focused intelligence providers.
| Company | Revenue | Valuation |
|---|---|---|
| $260M–$1.14B | $23.9B–$34.6B | |
| $1.36B–$6.88B | $74.9B–$108B | |
| $1.63B–$2.6B | $3.08B–$9.87B | |
| $1.58B–$2.29B | $2.68B–$9.84B | |
| $1.18B–$4.8B | $1.78B–$8.71B |
Shield AI revenue and valuation FAQ
What is Shield AI's revenue?
Specter estimates Shield AI's annual revenue at $260M to $1.14B as of October 2026. Shield AI last reported $300M revenue in December 2025.
What is Shield AI's valuation?
Shield AI's latest post-money valuation is $28.8B, from a November 2026 Series H. Specter's live estimate is $23.9B to $34.6B.
What is Shield AI's revenue multiple?
Shield AI is valued at about 96× revenue, based on its $28.8B November 2026 valuation and $300M last reported revenue. That works out to roughly $154K of revenue per employee.
How much funding has Shield AI raised?
$7.08B across 20 rounds, from a $595K Angel in October 2015 to a $500M debt financing in November 2026.
Who invested in Shield AI?
37 investors, including Advent International, Blackstone, Disruptive, Innovation X Advisors, InnovationX and JPMorganChase.
Who are Shield AI's competitors?
Anduril Industries, Kratos Defense and Security Solutions, AV and General Atomics Aeronautical Systems. Specter ranks 30 competitors for Shield AI.