Vatn Systems key facts
as of Oct 2026- Developer of autonomous underwater vehicles designed to operate in cooperative swarms.
- Vatn Systems is valued at approximately $255.0M as of Oct 2026, set at its early-stage round, Dec 2025; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $75.7M across 1 recorded rounds; the latest was Early Stage VC ($15.5M) in Oct 2024.
- Notable investors include Capital Factory, In-Q-Tel, Raptor Group, Trousdale Ventures, Lockheed Martin Ventures — 35 tracked in total.
- 1 investment vehicle was formed to buy Vatn Systems shares in the last 12 months, reporting $2.9M sold to 12 investors, per SEC Form D filings.
- Vatn Systems has filed 1 Form D with the SEC, most recently Dec 2024 ($15.5M sold to 38 investors).
- Status: Privately Held (backing).
Valued at $255.0M at its early-stage round, Dec 2025. Nothing has traded since.
- ·The complete investor list: 35 names
- ·Watch Vatn Systems: the Monday email on marks, rounds and moves
Vatn Systems funding rounds
1 roundsVehicles formed to buy Vatn Systems shares
secondary demand · SEC Form D filingsIn the last 12 months, 1 investment vehicle were formed to buy Vatn Systems shares, reporting $2.9M sold to 12 investors. Most recent filing Nov 2025.
Membership and data by Private Market View
Vatn Systems leadership
- Dan HendrixChief Revenue Officer & Founder
- Tom HuntleyExecutive
Who backs Vatn Systems
35+Vatn Systems valuation
Vatn Systems was valued at $255 million at its early-stage round in Dec 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Vatn Systems raised?
Vatn Systems has raised $75.7 million in total; 1 of its rounds is on record. The largest on record was a $15.5 million early-stage round in Oct 2024.
Vatn Systems has filed 1 Form D with the SEC, most recently in Dec 2024 ($15.5 million sold to 38 investors).
Institutional holders and vehicles
In the last 12 months, 1 investment vehicle was formed to buy Vatn Systems shares, reporting $2.9 million sold to 12 investors, per SEC Form D filings (most recent Nov 2025).
Vatn Systems investors
35 investors are on record for Vatn Systems, including Capital Factory, In-Q-Tel, Raptor Group and Trousdale Ventures. By type, the record holds 14 venture capital firms and 1 growth equity firm. The early-stage round in Oct 2024 drew 38 investors.
Who runs Vatn Systems
9 people are listed on the Vatn Systems team: 2 executives, 5 board members and 2 advisors and observers, including Dan Hendrix (Chief Revenue Officer) and Tom Huntley (Executive). 6 of them have a verified direct contact on file.
About Vatn Systems
Developer of autonomous underwater vehicles designed to operate in cooperative swarms. The company offers modular, advanced navigation software optimized for effective global positioning systems, vision, and communications in compromised environments while reducing hardware costs, a building block structure allows the vehicle to be tailored to the ranges, accuracy, and sensors required for every mission at the lowest price, enabling military and defense operators to perform missions efficiently with reduced hardware costs.
- Sector
- Business Products and Services (B2B)
- HQ
- Portsmouth, RI, United States
- Founded
- 2023
- Employees
- 67
- Website
- vatnsystems.com/
- Ownership
- Privately Held (backing)
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