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- Helium
Helium Valuation, Funding & Investors
Helium is valued at $1.2B as of February 2022.
Last Helium valuation
$1.2B
Series D · Feb 2022
Last Helium funding round
$200M
Series D · Feb 2022
Cumulative funding Helium raised
$365M
across 6 funding rounds
Key investors in Helium
FirstMark
Khosla Ventures
SV Angel
Slow Ventures
Marc Benioff
Digital Garage
About Helium
Helium is a decentralized wireless network for IoT devices using blockchain incentives. San Francisco-headquartered since 2019, it operates 1 million hotspots worldwide providing LoRaWAN coverage in 190 countries. Network operators earn HNT cryptocurrency through Proof-of-Coverage validation via radio challenges. The platform supports sensors for asset tracking and environmental monitoring, with 100 billion data packets transferred yearly. Helium raised $250 million via ICO and partners with T-Mobile for 5G expansion in the U.S.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Usage-based
Valuation
$1.2B (Feb 2022)
Helium Valuation
Helium is currently valued at $1.2B, based on its Series D in February 2022.
The $200M round was led by Andreessen Horowitz and Tiger Global.
Helium valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Series D | $1.2B |
Helium Funding History
Helium has raised a total of $365M across 6 funding rounds.
Helium's first fundraising round was a $3M seed round in November 2013. The most recent completed round was a $200M Series D in February 2022.
Helium funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Feb 2022 | Series D | Andreessen Horowitz (lead); Tiger Global (lead) | $200M | $1.2B |
| Aug 2021 | ICO | Andreessen Horowitz (lead); Alameda Research; Multicoin Capital; Ribbit Capital; 50T Funds | $111M | - |
| Jun 2019 | Series C | Khosla Ventures (lead); Multicoin Capital (lead); Union Square Ventures (lead); DG VENTURES; Shawn Fanning; SV Angel; GV; FirstMark; Slow Ventures; Digital Garage; Munich Re Ventures; Marc Benioff | $15M | - |
| Apr 2016 | Series B | GV (lead); JDI Ventures; FirstMark; Khosla Ventures; Munich Re | $20M | - |
| Dec 2014 | Series A | Khosla Ventures (lead); SV Angel; FirstMark; Slow Ventures; Digital Garage; Jeffrey Schox; Marc Benioff | $16M | - |
| Nov 2013 | Seed | Shawn Fanning; SV Angel; FirstMark; Slow Ventures; Dmitry Dakhnovsky; Digital Garage; Marc Benioff | $3M | - |
Who has invested in Helium?
21 investors have backed Helium across its funding rounds, including FirstMark, Khosla Ventures, SV Angel, Slow Ventures, Marc Benioff and Digital Garage.
Lead investors include Andreessen Horowitz, Tiger Global, Khosla Ventures, Multicoin Capital, Union Square Ventures and 1 other investor.
Helium Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Nov 2013 | ||
| 3 | Participant | Nov 2013 | ||
| 3 | Participant | Nov 2013 | ||
| 3 | Participant | Nov 2013 | ||
| 3 | Lead | Dec 2014 | ||
| 3 | Participant | Nov 2013 | ||
| 2 | Participant | Nov 2013 | ||
| 2 | Lead | Apr 2016 | ||
| 2 | Lead | Jun 2019 | ||
| 2 | Lead | Aug 2021 | ||
| 1 | Participant | Apr 2016 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Aug 2021 | ||
This data is available for Pro users. Sign up to see all 21 Helium investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialHelium Competitors
Helium competitors include listed companies like Gosuncn Technology Group, Arcadyan Technology, Bittium and Genew, and private ones like Multichain and Smarter.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $297M | $7M | $1.1B | 3.2x | ||
| Publicly listed | $1.7B | $132M | $1.1B | 0.5x | ||
| Publicly listed | $137M | $37M | $1.6B | 9.3x | ||
| Publicly listed | $131M | $1M | $909M | 6.6x | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - |
Helium Public Comps
Helium is still privately-owned, but its public comps include Harmonic, OSL Group, Chengdu CORPRO Technology, Priortech, Nexwise Intelligence, Cordiant Digital Infrastructure, Gosuncn Technology Group, Plejd, Tianjin 712 Communication and Wuxi Boton Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $361M | $24M | 3.0x | 2.3x | 46.2x | 11.9x | |||
| $62M | ($48M) | 16.6x | 11.3x | (21.7x) | (23.2x) | |||
| $142M | $22M | 8.7x | 9.0x | 57.1x | 22.8x | |||
| $883K | - | 1431.4x | - | - | - | |||
| $127M | $13M | 12.2x | 12.4x | 123.7x | - | |||
| $221M | - | 6.9x | 6.5x | - | - | |||
| $297M | $7M | 3.7x | 3.2x | 165.4x | 42.7x | |||
| $95M | $32M | 11.4x | 9.1x | 33.6x | 25.2x | |||
This data is available for Pro users. Sign up to see all Helium competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Helium
| When was Helium founded? | Helium was founded in 2013. |
| Where is Helium headquartered? | Helium is headquartered in San Francisco, CA, United States. |
| Is Helium publicly listed? | No, Helium is a private, VC-backed company. |
| What is Helium's valuation? | Helium was last valued at $1.2B in its Series D in February 2022. |
| How much funding has Helium raised? | Helium has raised $365M across 6 funding rounds. |
| What was Helium's last funding round? | Helium's last funding round was a $200M Series D in February 2022, led by Andreessen Horowitz and Tiger Global. |
| Who are Helium's investors? | Helium's investors include FirstMark, SV Angel, Slow Ventures, Digital Garage, Khosla Ventures, Marc Benioff, Shawn Fanning, GV, Multicoin Capital, Andreessen Horowitz and 11 others. |
| Which companies are comparable to Helium? | Companies comparable to Helium include Gosuncn Technology Group, Arcadyan Technology, Bittium, Genew, Multichain and Smarter. |
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