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The Late Stage 50 · 2026 edition · #41 of 50

Shield AI

Our mission is to protect service members and civilians with intelligent systems.

Access late stageBack to the list
US$300mFY2025 · reported
—growth not disclosed
#41rank by disclosed revenue

The figure

Revenue
$300 million
FY2025 · reported1Fortune · 21 Dec 2025
In US dollars
US$300m
as stated
Standing
reported
Named press, described source — Fortune; the figure is attributed in the article
Published
21 Dec 2025
accessed 17 Oct 2026
Evidence
“hit $300 million in 2025, according to the company” — as read on the source page1Fortune · 21 Dec 2025
Growth
—
no comparable year-on-year figure: rates over periods shorter than a year, or built on floors or approximations, are not shown

Context

Founded
2015
2shield.ai
Headquarters
San Diego, United States
2shield.ai
Sector
Deep tech & defence
Defence technology: autonomy software (Hivemind) and V-BAT aircraft
Website
shield.ai
Valuation
US$12.7bn
Series G post-money ($1.5bn Series G plus $500m preferred equity) · Mar 2026 · as reported, not part of the ranking3Shield AI
Status
Private as of 17 October 2026
Private; Series G (Mar 2026) and acquisition of Aechelon pending at that time. No S-1/F-1/DRS by Shield AI in EDGAR full-text search.4status check · 17 Oct 2026

Market context

Forge Price
$172.04 per share
Forge Private Market Index constituent · weight 3.24%5Forge Global · 17 Oct 2026
Forge valuation
$13.77B
implied from the Forge Price5Forge Global · 17 Oct 2026
Last round · Forge
Series G (03/26/2026): $153.68 per share, $12.7B post-money valuation, $1.5B raised
5Forge Global · 17 Oct 2026
Clarity Price
$191.99 per share
Clarity Liquidity Index (C50) member, rank 8 of 506Clarity (formerly Hiive) · 17 Oct 2026
Last round · Clarity
Series G (March 2026): $12.7B post-money, $153.68 per share, $1.5B raised
6Clarity (formerly Hiive) · 17 Oct 2026

Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.

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References

Every figure on this page, by source.

  1. 1Fortune · 21 Dec 2025fortune.com/2025/12/21/shield-ai-ukraine-defense-tech-gary-steele/
  2. 2shield.aishield.ai/
  3. 3Shield AIshield.ai/shield-ai-to-acquire-software-simulation-company-aechelon-and-raise-2b-at-12-7b-…
  4. 4status check · 17 Oct 2026www.cnbc.com/2026/05/19/shield-ai-cnbc-disruptor-50-ranking.html
  5. 5Forge Global · 17 Oct 2026forgeglobal.com/shield-ai_stock/
  6. 6Clarity (formerly Hiive) · 17 Oct 2026www.clarity.com/browse-companies/shield-ai-stock

Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.