# Helium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/helium

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.helium.com
- Total disclosed funding: $171M
- Latest round: Series D (Dec 20, 2021)
- Investors on record: 20

## About

Based in California, US, and founded in 2013 by Co-CEOs Shawn Fanning, Amir Haleem, CTO Chris Bruce, and Sean Carey. Helium Inc. offers a decentralized peer-to-peer wireless network that provides coverage for mining HNT (Helium's crypto). The company has raised venture capital funding from private equity investors, including Khosla Ventures, Union Square Ventures, and SV Angel. In August 2021, Andreessen Horowitz led a USD 111 million venture financing for Helium Inc.

The company's development team utilizes cloud computing to provide IoT (internet of things) smart sensors that monitor, analyze, and alert for conditions of interest such as temperature, moisture, barometric pressure, movement, and light. Helium's platform, powered by the Helium Blockchain, also offers a peer-to-peer wireless network that allows users to host a hotspot and earn rewards.

The company generates revenue by partnering with various industries that are using the network, including the fleet-tracking company Invoxia and Southern Connecticut University.

Helium Inc. plans to use the August 2021 funding to accelerate its decentralized 5G network, as well as further support operators of mobile networks and mobile virtual networks to expand their coverage.

## Funding rounds

- Series D, Dec 20, 2021, $118M — DTCP, Khosla Ventures, NGP Capital, Tiger Global Management, FirstMark Capital, GV, Andreessen Horowitz, Ribbit Capital, Liberty Global Ventures, Pantera Capital, Munich Re Ventures, Multicoin Capital, Kingsway Capital, Goodyear Ventures, 776, FTX Ventures
- Series C, May 20, 2019, $15M — Union Square Ventures, Khosla Ventures, FirstMark Capital, GV, Munich Re Ventures, Multicoin Capital
- Series B, Apr 18, 2016, $20M — Khosla Ventures, FirstMark Capital, GV, Munich Re Ventures
- Series A, Oct 1, 2014, $16M — Khosla Ventures, FirstMark Capital, SV Angel, Digital Garage, Inc., Slow
- Seed, Apr 30, 2014, $2.8M — FirstMark Capital, SV Angel, Digital Garage, Inc., Slow

## Investors

- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Seed, Series A, Series B, Series C, Series D
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed, Series A
- Digital Garage, Inc. — Seed, Series A
- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series B, Series C, Series D
- Munich Re Ventures (https://capitalatlas.ai/funds/munich-re-ventures) — Series B, Series C, Series D
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series C
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series C, Series D
- DTCP — Series D
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series D
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series D
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series D
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series D
- Kingsway Capital (https://capitalatlas.ai/funds/kingsway-capital) — Series D
- Goodyear Ventures (https://capitalatlas.ai/funds/goodyear-ventures) — Series D
- 776 (https://capitalatlas.ai/funds/776) — Series D
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Series D