Fundraising Fox

Hellen Systems

Middleburg, US · Founded 2016 · Delaware corporation · 1 known investors

Hellen Systems develops eLORAN, a terrestrial positioning, navigation, and timing (PNT) technology that serves as an independent complement to GPS/GNSS for critical infrastructure, government, and commercial customers. The company integrates low-frequency transmission, timing equipment, antenna design, and cybersecurity to provide resilience against satellite service disruptions.

Deep TechDefense TechHardware

Founders & leadership

TM
Trowbridge M. LittletonExecutive
JB
J. Bradley DavisExecutive
DS
Daniel S. OlmesExecutive

Investors · 1

Columbia CapitalAlexandria · $15M – $40M

Reported raises · per SEC filings

Form D private placements

$2.3M disclosed across 2 rounds · 2018–2020

▶$1.3MraisedApr 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Monish KundraDirector
  • Daniel S. OlmesExecutive Officer, Director
  • Trowbridge M. LittletonExecutive Officer, Director
Offering amount
$40.4M
Amount sold
$1.3M
First sale
Apr 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.1MraisedMar 2018 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Trowbridge M. LittletonExecutive Officer, Director
  • J. Bradley DavisExecutive Officer, Director
  • Daniel S. OlmesExecutive Officer, Director
Offering amount
$2.3M
Amount sold
$1.1M
Minimum investment
$50K
Proceeds to insiders
$200K
First sale
Feb 2018
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Cyberdefensemagazine4 shared keywordsCyber Defense Magazine is an online media publication that publishes articles and news on cybersecurity topics such as ransomware, malware, credential theft, and AI in security. It serves security professionals and organizations seeking industry information.
Esa4 shared keywordsThe European Space Agency (ESA) is Europe's intergovernmental organization for space, carrying out missions and research across space science, technology, and applications. It supports the competitiveness of the European space industry through procurement, commercial opportunities, and collaboration with its Member States.

Companies competing with Hellen Systems for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase ISTTR2021$149.4K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Hellen Systems - Columbia Capitalcolcap.com · Jun 2022

Frequently asked questions

What does Hellen Systems do?
Hellen Systems develops eLORAN, a terrestrial positioning, navigation, and timing (PNT) technology that serves as an independent complement to GPS/GNSS for critical infrastructure, government, and commercial customers. The company integrates low-frequency transmission, timing equipment, antenna design, and cybersecurity to provide resilience against satellite service disruptions.
Who are Hellen Systems's investors?
Hellen Systems's investors include Columbia Capital.
How much funding has Hellen Systems raised?
Hellen Systems has disclosed $2.3M raised across 2 rounds.
Where is Hellen Systems headquartered?
Hellen Systems is headquartered in Middleburg, US.