Saronic - About the company
Saronic is a series D company based in Austin (United States), founded in 2022 by Dino Mavrookas and Doug Lambert. It operates as a Developer of autonomous surface vessels for naval and maritime forces. Saronic has raised $2.58B in funding from Andreessen Horowitz and Caffeinated Capital, with a current valuation of $4B. The company has 69 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Saildrone, Sagar Defence Engineering and Kraken Robotics.
Sectors and market segments that Saronic operate in
Saronic serves in the Aerospace, Maritime and Defense Tech, Native AI market segments.The primary business model of Saronic are:Company Details
Developer of autonomous surface vessels for naval and maritime forces. These vessels enhance awareness, extend reach, and improve survivability in diverse operational environments. The autonomous surface vessels navigate using adaptive path planning and identify targets with advanced algorithms. They leverage resilient communications to enable manned and unmanned teaming. The vessels deliver user-defined effects with payload integrations and adapt to mission-specific requirements.
- Website
- www.saronic.com/
- Email ID
- *****@saronic.com
Key Metrics
Founded Year
2022
Location
Austin, United States
Stage
Series D
Total Funding
$2.58B in 5 rounds
Latest Funding Round
Post Money Valuation
$4B as on Feb 14, 2025
Investors
Ranked
1st among 69 active competitors
Employee Count
875 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with Saronic
Saronic is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SARONIC TECHNOLOGIES, INC CIN: 7029970 , United States, Active | Sep 14, 2022 | - | 271 (As on Dec 31, 2024) | - |
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Saronic's funding and investors
Saronic has raised a total funding of $2.58B over 5 rounds. Its first funding round was on 2022. Its latest funding round was a Series D round on Mar 27, 2026 for $1.75B. 10 investors participated in its latest round. Saronic has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Saronic:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2026 | $1.75B | Series D | - | - | ||
Feb 14, 2025 | $600M | Series C | $4B | - | ||
Jun 28, 2024 | $175M | Series B | $1B | - |
View details of Saronic's funding rounds and investors
Saronic's founders and board of directors
Founder? Claim ProfileHere are the details of Saronic's key team members:
- Dino Mavrookas: Co-Founder & CEO of Saronic. Contact Info: 1 email address
- Doug Lambert: Co-Founder & COO of Saronic. Contact Info: 1 email address
Saronic's Board of Directors
Saronic's board has 5 active members. Raymond Tonsing, Alex Moore, Patrick Depriest, Rob Lehman and Kostadino Mavrookas are independent board members.Here is the list of Saronic's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 6m | |
Independent board member | - | Current | 1y 6m | |
Independent board member | - | Current | 1y 0m | |
Independent board member | - | Current | 1y 6m | |
Independent board member | - | Current | 1y 6m |
View details of Saronic's Founder profiles and Board Members
Saronic's employee count trend
Saronic has 875 employees as of Mar 26. Here is Saronic's employee count trend over the years:
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Saronic's Competitors and alternates
Top competitors of Saronic include Saildrone, Sagar Defence Engineering and Kraken Robotics. Here is the list of Top 10 competitors of Saronic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Saronic 2022, Austin (United States), Series D | Developer of autonomous surface vessels for naval and maritime forces | $2.58B | 67/100 | |
2nd | Saildrone 2012, Alameda (United States), Series C | Developer of autonomous unmanned surface vehicle | $325M | 64/100 | |
3rd | Sagar Defence Engineering 2015, Pune (India), Series B | Manufacturer of a quadcopter drone for multiple civilian and military applications | $30.1M | 61/100 | |
4th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 57/100 | |
5th | Ocean Aero 2012, San Diego (United States), Series D | Provider of an AUV for surface and subsurface monitoring applications | $4M | 54/100 | |
6th | Yunzhou Technology 2010, Zhuhai (China), Series C | Developer of unmanned ships | $82.7M | 54/100 | |
7th | Open Ocean Robotics 2018, Victoria (Canada), Seed | Developer of autonomous uncrewed surface vehicles for maritime security and data | $6M | 53/100 | |
8th | AI-powered platforms for maritime, rail, and safety applications | $1.92M | 51/100 | ||
9th | ACUA Ocean 2019, Plymouth (United Kingdom), Seed | Provider of SaaS-enabled autonomous solutions for shipping operations | $1.91M | 51/100 | |
10th | MARTAC 2012, Melbourne (United States), Series A | Developer of unmanned surface vehicles | $10M | 46/100 |
Looking for more details on Saronic's competitors? Click here to see the top ones
Saronic's Investments and acquisitions
Saronic has acquired 2 companies including Gulf Craft and Gulfcraft. Saronic has not made any investments as of now.Reports related to Saronic
Here is the latest report on Saronic's sector:
News related to Saronic
Media has covered Saronic for a total of 14 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
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Saronic Closes $1.75B Series D FundingMarinelink•Mar 31, 2026•Saronic, Kleiner Perkins, Caffeinated, Franklin Templeton Investments and 8 others
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Saronic lands $392M Navy contract for autonomous surface vesselsTech Funding News•Feb 26, 2026•Saronic
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HOS, Saronic Partner to Trial Autonomous Vessels OffshoreOedigital•Jan 09, 2026•Saronic, Hornbeck Offshore
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Saronic Technologies $300M Investment to Create 1,500 Jobs at Franklin Shipyardbusinessreport•Dec 03, 2025•Saronic, Alberici, JE Dunn Construction, Gulf Craft
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Saronic Unveils Echelon: Unified Platform for ASV Mission Planning & CommandPR Newswire•Jul 30, 2025•Saronic
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Saronic Technologies and Vigor Marine Group Announce Strategic PartnershipNaval News•Jul 15, 2025•Saronic, Vigor Industrial
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Saronic Unveils Two New Autonomous Surface Vessels: Mirage and CipherNaval News•Apr 23, 2025•Saronic
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