P
Picogrid
Enables real-time access to remote cameras, sensors, and critical equipment in the field for years at a time
About Picogrid
Picogrid is a defense technology company that builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers. The company connects and remotely controls sensors, drones, command interfaces, and other fragmented defense systems. Picogrid primarily serves military clients, including the U.S. Army and the Ukrainian Ministry of Defense, operating in the defense technology market. The business model revolves around securing federal contracts and providing technology solutions for ongoing military operations. Picogrid generates revenue through these contracts, including a notable $1B IDIQ contract from the Pentagon and a $950M contract for manufacturing its flagship sensor platform, Lander. The company is expanding its manufacturing capabilities with a new factory set to be operational in 2025, expected to create jobs and support local economies. Picogrid's technology is approved for AWS GovCloud, ensuring the handling of highly sensitive government data.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- El Segundo, United States
- Employees
- 62
- Open positions
- None listed
- Dealroom signal
- 93.2/100
- Industry
- Security, Telecom
- Sub-industry
- Public safety
- Sector
- Defence, Communications Infrastructure, Dual-Use Tech, Hard Tech, NIF defense security and resilience, NIF awareness and decision making, DT and LS
- Technology
- Deep Tech, Autonomous & Sensor Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | May 2026 | $45M | $180M | Initialized Capital · Credo Ventures · Alumni Ventures · Washington Harbour Partners | ↗ |
| SEEDOther financing | Mar 2024 | $12M | $48M | Credo Ventures · Alumni Ventures · Domino Ventures · Giant Step Capital | ↗ |
Growth signals
Latest recorded traffic for Picogrid is 17K monthly website visits, up 84.8% over the last three months. Picogrid's team grew 51.2% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Initialized Capital
Credo Ventures
Alumni Ventures
Domino Ventures
Giant Step Capital
Starburst Ventures
Series A3 investors entered at this stage
Bessemer Venture Partners
Washington Harbour Partners
GSBackers
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Picogrid on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Picogrid’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.