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Private companiesTracked

Picogrid

El Segundo, CA · Founded 2020

Picogrid builds an integration layer that connects sensors, unmanned systems, effectors and command-and-control software from different vendors into one operating picture. Its products are Legion, an integration platform and API, Orion C2, and ruggedized Expeditionary C2 Nodes.

Profile

What it builds and who buys it

  • ·Its integration ecosystem spans more than 100 defense systems from vendors including Skydio, Northrop Grumman, Echodyne, CX2 and Neros, according to the company.Picogrid (company release), May 29, 2026
  • ·In October 2024 Space Force gave Picogrid the first delivery order under its $1 billion Rapid, Resilient Command and Control program, one of 20 companies selected for it.Picogrid (company release), Oct 2, 2024
  • ·In February 2026 the Air Force awarded Picogrid $9.3 million under SBIR Phase III authority to integrate sensors for security at selected installations.Picogrid (company release), Feb 3, 2026
  • ·In September 2025 it announced a collaboration with Northrop Grumman to integrate AiON, Northrop’s counter-drone command-and-control system, with Legion.Picogrid (company release), Sep 23, 2025
  • ·With Joint Interagency Task Force 401, Picogrid built a mesh network linking Perennial Autonomy’s Merops drone interceptors to Lattice and FAAD-C2, announced in June 2026.Picogrid (company release), Jun 11, 2026
  • ·In July 2026 NATO selected it for the Decision Superiority Warfighter Challenge, to connect tactical-edge sensors to the Alliance’s Maven Smart System.Picogrid (company release), Jul 15, 2026
  • ·It opened a factory of more than 25,000 square feet in El Segundo in May 2025, tripling its production capacity.Picogrid (company release), May 29, 2025

Founders and leadership

  • Zane MountcastleCo-founder and chief executive

    Named as an executive officer and director on the company’s 2024 and 2026 Form D filings.Picogrid

  • Martin SlosarikCo-founder and head of growth

    Named as an executive officer and director on the company’s 2024 and 2026 Form D filings, and speaks for the company on vendor partnerships.Picogrid

Funding

Last valuation

No citable valuation

Last round or tender

$45Mraised

Series APicogrid (company release), May 29, 2026

Led by Bessemer Venture Partners, with Washington Harbour and GSBackers new and Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital and Alumni Ventures returning. The Form D for an equity offering begun April 24, 2026 records $45.0 million sold to 12 investors and names Bessemer’s David Cowan a director. No valuation was stated.

Latest revenue figure

—

Valuation to revenue

—

Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
May 29, 2026Series ALed by Bessemer Venture Partners, with Washington Harbour and GSBackers new and Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital and Alumni Ventures returning. The Form D for an equity offering begun April 24, 2026 records $45.0 million sold to 12 investors and names Bessemer’s David Cowan a director. No valuation was stated.$45M—
Jan 10, 2024Form D offeringNo announcement from the company names this filing’s round. The filing records $12.3 million of equity sold to 15 investors from January 10, 2024, the whole offering, and gives 2020 as the year of incorporation.——

Primary capital across the rounds on file: $45M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice: historical pricing is behind a login, and the page says no recent secondary market data is available.

  • Nasdaq Private Marketpublic page seen Oct 15, 2026

    No price on the public page.

    Links picogrid.com. Neither the page title nor its text shows a per-share figure; round prices are masked.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026