So... is King's Raid: Ishi wo Tsugumono-tachi finished or not?
YES, it is finished.
Why?
MangaUpdates contains information about the anime adaptation and indicates that it is complete.
Watching Order (by release date)
Here you have all the anime relations we detected ordered by release date, so you can see the reason for this status in context and also use it as watching order.
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Synopsis
A century after a legendary king vanquished a demon lord, darkness stirs once more in the kingdom of Orvelia. Demons are reappearing, and a shadow of uncertainty falls upon the land.
Kasel, a young knight in training, embarks on a search for his missing friend, accompanied by the priestess Frey. Their journey quickly becomes something far grander when Kasel discovers a hidden destiny: he is connected to the legendary king of the past and possesses the potential to wield a powerful holy sword.
Meanwhile, Riheet, a dark elf driven by resentment, seeks to exploit the chaos and seize control of Orvelia. His motivations are rooted in a century-old betrayal, fueling his desire for revenge against humanity.
As Kasel struggles to embrace his newfound responsibility and Riheet advances his vengeful plot, their paths are set to collide, promising a conflict that will determine the fate of Orvelia and its people. The story follows Kasel's journey as he tries to master his abilities and bring hope in a desperate time, and the unfolding drama between him and Riheet.