How Much Did Helium Raise? Headquarters, Funding & Key Investors

Helium has raised a total of $370 million across seven funding rounds, reaching a $1.2 billion valuation as of February 2022. Founded in 2006 and headquartered in San Francisco, Helium’s latest $200 million Series D round (Feb 2022) was led by Tiger Global Management, Andreessen Horowitz, and Munich Re Ventures. Other notable rounds include $111 million Series D (Aug 2021), $15 million Series C (Jun 2019), and early backing from Google Ventures and FirstMark. The company continues expanding its decentralized network to power the next generation of IoT connectivity.

How Much Did Helium Raise? Funding & Key Investors

Helium is a decentralized wireless network company redefining global connectivity for Internet of Things (IoT) devices. Founded by Amir Haleem and Sean Carey in 2006, Helium provides a blockchain-based infrastructure allowing low-powered devices to communicate securely. The company rewards users for connecting “hotspots” that relay encrypted data. Supported by investors like Andreessen Horowitz, Tiger Global, and Google Ventures, Helium has built a robust ecosystem of miners and network operators bridging crypto and telecom industries worldwide.

What Is Helium and What Does It Do?

Helium, founded in 2006 by Amir Haleem and Sean Carey, is headquartered in San Francisco, United States.

The company connects low-powered IoT devices to the internet through a decentralized blockchain network. Its innovative system enables devices to send encrypted data via community-operated gateways called Helium Hotspots, rewarding participants with cryptocurrency for maintaining network coverage.

Helium’s network aims to revolutionize connectivity by providing cost-effective, secure, and wide-ranging access without relying on centralized telecom infrastructure.

With a team of 54 employees (as of Dec 2024), Helium continues to expand its decentralized wireless network globally.

How Much Funding Has Helium Raised?

1. Series D

Amount Raised: $200 Million
Date: Feb 2022
Lead Investors: Tiger Global Management, Andreessen Horowitz, Seven Seven Six, Google Ventures, Munich Re Ventures, Multicoin Capital, Pantera Capital, Ribbit Capital, Khosla Ventures
Motivation: To scale Helium’s decentralized 5G infrastructure and accelerate IoT network expansion globally.

2. Series D

Amount Raised: $111 Million
Date: Aug 2021
Lead Investors: Andreessen Horowitz, Multicoin Capital, Ribbit Capital, Alameda Research, 10T Holdings
Motivation: To strengthen the Helium blockchain ecosystem and boost adoption across IoT industries.

3. Series C

Amount Raised: $15 Million
Date: June 2019
Lead Investors: Union Square Ventures, Multicoin Capital, Khosla Ventures, Google Ventures, Munich Re Ventures, FirstMark
Motivation: To advance Helium’s wireless protocol and build infrastructure for decentralized data connectivity.

4. Series B

Amount Raised: $20 Million
Date: April 2016
Lead Investors: Google Ventures, Khosla Ventures, Munich Re Ventures, FirstMark
Motivation: To support R&D and product scaling in blockchain-based IoT solutions.

5. Series A

Amount Raised: $16 Million
Date: Oct 2014
Lead Investors: Khosla Ventures, SV Angel, Slow Ventures, FirstMark, Digital Garage
Motivation: To refine core technology and build Helium’s early mining hardware network.

6. Seed

Amount Raised: $2.85 Million
Date: April 2014
Lead Investors: SV Angel, Slow Ventures, FirstMark, Digital Garage
Motivation: To fund prototype development and initial network testing.

7. Conventional Debt

Amount Raised: $10 Million
Date: May 2011
Lead Investors: Agile Equity
Motivation: To fund operations and early-stage infrastructure expansion.

Total Funding Raised: $370 Million

Current Valuation: $1.2 Billion (as of Feb 2022)

Latest Funding Date: Feb 2022

Key Investors

1. Andreessen Horowitz

Details: A global venture capital firm investing in groundbreaking blockchain, fintech, and software startups.
Investment Focus Areas: Web3, AI, financial technology, and consumer internet.
Notable Investments: Coinbase, OpenSea, Stripe, Solana, and Uniswap.

2. Tiger Global Management

Details: A major New York–based investment firm with a diversified portfolio in technology and blockchain.
Investment Focus Areas: Enterprise software, crypto, fintech, and consumer internet.
Notable Investments: Flipkart, Coinbase, and Byju’s.

3. Google Ventures (GV)

Details: The venture capital arm of Alphabet Inc., investing in transformative tech and data-driven startups.
Investment Focus Areas: AI, blockchain, life sciences, and cloud infrastructure.
Notable Investments: Uber, Nest, Medium, and Chainlink.

4. Munich Re Ventures

Details: The venture capital arm of Munich Re focusing on digital innovation and risk solutions.
Investment Focus Areas: Insurtech, blockchain, and IoT.
Notable Investments: Next Insurance, At-Bay, and Helium.

5. Multicoin Capital

Details: A thesis-driven investment firm focused on blockchain companies and cryptocurrencies.
Investment Focus Areas: Web3 infrastructure, DeFi, and blockchain protocols.
Notable Investments: Solana, Arweave, and Helium.

Where Is Helium’s Headquarters?

Helium is headquartered in San Francisco, California, one of the world’s leading technology hubs. This strategic location provides access to top-tier blockchain developers, venture capital firms, and IoT innovation ecosystems. Being at the center of Silicon Valley allows Helium to collaborate with partners in telecom, hardware, and crypto sectors to continuously evolve its decentralized wireless technology.

What’s Next for Helium?

Helium plans to expand its decentralized network by integrating 5G coverage and onboarding millions of new hotspot operators worldwide. The company is also developing partnerships with telecom providers and IoT solution firms to strengthen global adoption. Despite facing competition and regulatory hurdles, Helium remains focused on creating a community-powered network that decentralizes internet access, drives innovation in IoT connectivity, and redefines how wireless data is transmitted globally.

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