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

Helium Overview

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

United StatesSan Francisco, CA

Website

helium.com

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

Helium valuation by funding round
DateStageValuation
Feb 2022Series 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

Helium funding rounds
DateStageInvestorsRaisedValuation
Feb 2022Series DAndreessen Horowitz (lead); Tiger Global (lead)$200M$1.2B
Aug 2021ICOAndreessen Horowitz (lead); Alameda Research; Multicoin Capital; Ribbit Capital; 50T Funds$111M-
Jun 2019Series CKhosla 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 2016Series BGV (lead); JDI Ventures; FirstMark; Khosla Ventures; Munich Re$20M-
Dec 2014Series AKhosla Ventures (lead); SV Angel; FirstMark; Slow Ventures; Digital Garage; Jeffrey Schox; Marc Benioff$16M-
Nov 2013SeedShawn 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

Investors in Helium by funding rounds participated
InvestorHQRoundsRoleFirst check
FirstMarkUnited StatesNew York City, NY4ParticipantNov 2013
SV AngelUnited StatesSan Francisco, CA3ParticipantNov 2013
Slow VenturesUnited StatesSan Francisco, CA3ParticipantNov 2013
Digital GarageJapanTokyo3ParticipantNov 2013
Khosla VenturesUnited StatesSan Francisco, CA3LeadDec 2014
Marc BenioffUnited StatesSan Francisco, CA3ParticipantNov 2013
Shawn FanningUnited StatesSan Francisco, CA2ParticipantNov 2013
GVUnited StatesSan Francisco, CA2LeadApr 2016
Multicoin CapitalUnited StatesAustin, TX2LeadJun 2019
Andreessen HorowitzUnited StatesSan Francisco, CA2LeadAug 2021
JDI VenturesChinaShanghai1ParticipantApr 2016
DG VENTURESJapanTokyo1ParticipantJun 2019
Alameda ResearchHong KongHong Kong1ParticipantAug 2021

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Helium Competitors

Helium competitors include listed companies like Gosuncn Technology Group, Arcadyan Technology, Bittium and Genew, and private ones like Multichain and Smarter.

Public and private companies comparable to Helium
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Gosuncn Technology GroupChinaChinaPublicly listed$297M$7M$1.1B3.2x
Arcadyan TechnologyTaiwanTaiwanPublicly listed$1.7B$132M$1.1B0.5x
BittiumFinlandFinlandPublicly listed$137M$37M$1.6B9.3x
GenewChinaChinaPublicly listed$131M$1M$909M6.6x
MultichainSingaporeSingaporePrivate--$1.2B-
SmarterUnited KingdomLondonPrivate--$1.2B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Harmonic$361M$24M3.0x2.3x46.2x11.9x
OSL Group$62M($48M)16.6x11.3x(21.7x)(23.2x)
Chengdu CORPRO Technology$142M$22M8.7x9.0x57.1x22.8x
Priortech$883K-1431.4x---
Nexwise Intelligence$127M$13M12.2x12.4x123.7x-
Cordiant Digital Infrastructure$221M-6.9x6.5x--
Gosuncn Technology Group$297M$7M3.7x3.2x165.4x42.7x
Plejd$95M$32M11.4x9.1x33.6x25.2x

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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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