Company
American defense-autonomy company (San Diego, founded 2015 by Brandon Tseng, Ryan Tseng, and Andrew Reiter) building the Hivemind AI pilot and the V-BAT VTOL drone. Hivemind flies aircraft without GPS, communications, or a human pilot. Raised $2B at a $12.7B valuation in March 2026; Gary Steele became CEO in 2025 (effective May).
Based in San Diego, California, USA · Founded 2015 · 1 model on record
Machine-readable surfaces
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Key facts
- Founded
- 2015, San Diego, by Brandon Tseng, Ryan Tseng, and Andrew Reiter
- Valuation
- $2B Series G at $12.7B (Mar 2026); prior $240M at $5.3B (Mar 2025)
- Revenue
- ~$540M projected for 2026 (2025 ~$300M); not yet profitable
- Leadership
- CEO Gary Steele (announced Mar 2025, effective May 2025); co-founder Ryan Tseng is President
- Software
- Hivemind AI pilot / autonomy stack (flies aircraft GPS- and comms-denied)
- HQ
- San Diego, California, USA
- Founded
- 2015
- Status
- private
- Type
- both
- ID
d931700f-6b76-42d2-bdac-2123c2f26f1b
Models (1)
- Shield AI V-BATaerial
Brains developed (1)
- Shield AI Hivemindfoundation-model · production
Supplies to
No verified supply relationships on file. Supply-chain coverage is being added across the registry; check back as the seed populates this company’s outbound edges.
Outbound supply edges from this company. Each relationship appears here when verified with at least two strong sources (maker-official / IR / regulatory / standards-body / verified tier-2). Sources are append-only; corrections add new sources rather than rewrite history.
Sources (12)
- https://shield.ai/shield-ai-raises-240m-at-5-3b-valuation-to-scale-hivemind-enterprise-an-ai-powered-autonomy-developer-platform/
- https://www.prnewswire.com/news-releases/shield-ai-raises-240m-at-5-3b-valuation-to-scale-hivemind-enterprise-an-ai-powered-autonomy-developer-platform-302393843.html
- https://techcrunch.com/2025/03/06/shield-ai-raises-240-million-at-a-5-3-billion-valuation-to-commercialize-its-ai-drone-tech/
- https://www.bloomberg.com/news/articles/2025-03-06/drone-defense-startup-shield-ai-lands-5-3-billion-valuation
- https://shield.ai/shield-ai-to-acquire-software-simulation-company-aechelon-and-raise-2b-at-12-7b-valuation/
- https://www.bloomberg.com/news/articles/2026-03-26/defense-startup-shield-ai-nabs-2-billion-at-12-7-billion-value
- https://techcrunch.com/2026/03/26/defense-startup-shield-ai-lands-12-7b-valuation-up-140-after-u-s-air-force-deal/
- https://fortune.com/2026/03/26/shield-ai-revenue-series-g-funding-12-billion-valuation/
- https://shield.ai/shield-ai-appoints-gary-steele-as-ceo-ryan-tseng-named-president/
- https://fortune.com/2025/12/21/shield-ai-ukraine-defense-tech-gary-steele/
- https://aerospaceamerica.aiaa.org/institute/shield-ai-co-founder-shares-10-year-journey-reimagining-air-power/
- https://techcrunch.com/2024/10/09/shield-ais-founder-on-death-drones-in-ukraine-and-the-ai-weapon-no-one-wants/