Epirus

Los Angeles, United States Founded: 2017 • Age: 9 yrs
Developer of high-power microwave systems for electronic warfare and air defense
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About Epirus

Epirus is a company based in Los Angeles (United States) founded in 2017 by Nathan M and Grant Verstandig.. Epirus has raised $612.08 million across 8 funding rounds from investors including L3Harris, I Squared Capital and T. Rowe Price. Epirus offers products and services including Leonidas, Air Domain Awareness, and Advanced Electronics. Epirus operates in a competitive market with competitors including Zen Technologies, Fortem Technologies, Dedrone, DroneShield and D-Fend Solutions, among others.

  • Headquarter Los Angeles, United States
  • Founders Nathan M, Grant Verstandig
  • Stage Unicorn
  • Sectors
    Industrial Goods & Manufacturing
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Epirus Inc
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Aerospace, Defense & Maritime → Defense Systems & Security Services
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $612.08 M (USD)

    in 8 rounds

  • Latest Funding Round
  • Investors
    L3Harris

    & 17 more

  • Employee Count
    Employee Count
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Products & Services of Epirus

Epirus offers a comprehensive portfolio of products and services, including Leonidas, Air Domain Awareness, and Advanced Electronics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-power microwave for counter-drone and swarm protection.

Monitors and tracks UAS incursions using AI and big data.

Combines hardware and software for high-power applications in security.

People of Epirus
Headcount 50-200
Employee Profiles 78
Board Members and Advisors 15
Employee Profiles
People
David Solis
Senior Test Technician
People
Ryan Chanou
Principal System Engineer
People
Scott Young
Principal Mechanical Engineer (analysis)
People
Jasmin Pantoja
Facilities Strategist

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Board Members and Advisors
people
Robert Nelsen
Advisor
people
Jeff Grant
Advisor
people
James Geurts
Advisor
people
Robert Schmidle
Advisor

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Funding Insights of Epirus

Epirus has successfully raised a total of $612.08M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round
  • First Round

    (25 Oct 2019)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Series D - Epirus Valuation

investors

M42
Mar, 2025 Amount Series D - Epirus Valuation 8VC , Washington Harbour Partners
Jan, 2022 Amount Series C - Epirus Valuation T. Rowe Price
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Epirus

Epirus has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include L3Harris, I Squared Capital and T. Rowe Price. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in technology, life sciences, and related sectors.
Founded Year Domain Location
A private investment firm focused on non-cyclical business sectors.
Founded Year Domain Location
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Epirus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Epirus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Epirus Comparisons

Employees
+
Add Comparison
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Competitors of Epirus

Epirus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zen Technologies, Fortem Technologies, Dedrone, DroneShield and D-Fend Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Live and virtual training simulations for defense are provided.
domain founded_year HQ Location
Counter-UAS and onboard radar systems for UAVs are supplied.
domain founded_year HQ Location
AI-based smart airspace security solutions are provided by Dedrone.
domain founded_year HQ Location
AI-powered counter-drone systems are provided for unauthorized drone detection.
domain founded_year HQ Location
Autonomous counter-drone systems are developed for perimeter security.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Epirus

Frequently Asked Questions about Epirus

When was Epirus founded?

Epirus was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Epirus located?

Epirus is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Who is the current CEO of Epirus?

Leigh Madden is the current CEO of Epirus.

Is Epirus a funded company?

Epirus is a funded company, having raised a total of $612.08M across 8 funding rounds to date. The company's 1st funding round was a Series C of $200M, raised on Oct 25, 2019.

What does Epirus do?

Epirus was founded in 2017 in Los Angeles, United States, focusing on defense technology. High-power microwave systems are developed for electronic warfare and air defense applications. Layered short-range air defense and maneuver short-range defense systems are provided, along with long-range high-power microwave capabilities. Advanced electronics that integrate hardware, software, and artificial intelligence are also created to support these operations.

Who are the top competitors of Epirus?

Epirus's top competitors include Zen Technologies, Big Bang Boom Solutions and Fortem Technologies.

What products or services does Epirus offer?

Epirus offers Leonidas, Air Domain Awareness, and Advanced Electronics.

Who are Epirus's investors?

Epirus has 18 investors. Key investors include L3Harris, I Squared Capital, T. Rowe Price, StepStone Group, and EPIQ.

What is Epirus's valuation?

The valuation of Epirus is $1.35B as of Jan 2022.

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