About Dive Technologies
Dive Technologies is an Aerospace, Defense & Maritime company based in Quincy (United States) founded in 2018 by Jerry Sgobbo, Sam Russo, and Bill Lebo, and was acquired by Anduril in February 2022. Defence engineering and manufacturing services are provided to clients. Dive Technologies has raised $7.01 million across 4 funding rounds from investors including Anduril, DARPA and MassDevelopment. Its chief executive, as recorded, is Jerry Sgobbo. Dive Technologies offers products and services including Bolt, Barracuda, Roadrunner, Copperhead, and Dive-LD. Its focus areas include Aerospace, Maritime and Defense, Defense Contractors and Diversified. Its competitors include Kratos, BAE Systems and L3Harris.
Company details
Dive Technologies was founded in 2018 and is headquartered in Quincy, United States. Operations focus on the defence sector, where engineering and manufacturing services are delivered. Expertise is applied to develop solutions for military applications, supported by a leadership team including founders Jerry Sgobbo as CEO, Sam Russo as COO, and Bill Lebo as CTO. Activities are centered on innovation and production for defence needs.
- Headquarters Quincy, United States
- Founders Jerry Sgobbo, Sam Russo, Bill Lebo
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Website divetechnologies.com
- Social LinkedIn
- Acquired by Anduril (Feb 2022)
Products & Services of Dive Technologies
Dive Technologies offers a comprehensive portfolio of products and services, including Bolt, Barracuda, Roadrunner, Copperhead, and Dive-LD.
Autonomous air vehicle for intelligence and reconnaissance missions.
Connected air system for tactical surveillance operations.
Autonomous system for reconnaissance and mission profiles.
AUV for littoral survey and inspection tasks.
Underwater vehicle for defense and commercial ISR applications.
Deep-water AUV for advanced survey and security missions.
Autonomous system for persistent underwater monitoring.
High-volume motors for conventional and next-generation defense use.
Funding Insights of Dive Technologies
Dive Technologies has successfully raised a total of $7.01M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.01M
- Total Rounds 4
- First Round $3.01M
(Nov 2019)
- Investors Count 7
All 4 funding rounds of Dive Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | Grant | – | – | ||
| Dec 2020 | Debt – Venture | – | – | ||
| Dec 2020 | $4M | Series A | – | VTC Innovation Fund, Mill Town Capital | – |
| Nov 2019 | $3.01M | Series A | – | – | – |
8 investors in total: 8 institutional.
Investors in Dive Technologies
Dive Technologies has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Anduril, DARPA and MassDevelopment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| vtcinnovationfund.com | ||||
| milltowncapital.com | ||||
CAV Angels is focused on connecting UVA alumni with early-stage investment opportunities. | cavangels.com | Charlottesville, United States | ||
Early-stage ventures are supported through strategic investments by this network. | 2015 | cvilleangelnetwork.net | Charlottesville, United States | |
Early stage investments are made by VTC Ventures. | vtcventures.com | United States | ||
| 1958 | darpa.mil | United States | ||
Provider of financing, real estate, and community development solutions | 1998 | massdevelopment.com | Boston, United States | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | anduril.com | Orange, United States |
Investor details for Dive Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Dive Technologies
3 people are tracked at Dive Technologies (3 in leadership).
| Name | Role | Group |
|---|---|---|
Jerry Sgobbo | Founder & CEO | Leadership |
Sam Russo | Founder & COO | Leadership |
Bill Lebo | Founder & CTO | Leadership |
Complete people profiles for Dive Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Dive Technologies
4 dated milestones of Dive Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Dive Technologies is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Grant,.
- Exit Acquired by Anduril.
Competitors of Dive Technologies
Dive Technologies has 3 listed competitors in our database. They include Kratos, BAE Systems and L3Harris.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kratosdefense.com | 1994 | United States | 3,900 | AI and cloud-based platforms for national security are provided. | ||
| baesystems.com | 1999 | United States | Aerospace and submarine security systems are manufactured by BAE Systems. | |||
| l3harris.com | 1895 | United States | 50,000 | Manufacturer of C6ISR system |
Detailed competitors of Dive Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Defense & Military Services
3 companies that operate in the same segment as Dive Technologies (Defense & Military Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | 9,670 | ||
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Dive Technologies
Complete news archive for Dive Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dive Technologies
Dive Technologies was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Dive Technologies is headquartered in Quincy, United States.
Jerry Sgobbo is the CEO of Dive Technologies, as recorded in our data. They have also founded this company.
Dive Technologies is a funded company, having raised a total of $7.01M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.01M, raised on Nov 2019.
Dive Technologies was founded in 2018 and is headquartered in Quincy, United States. Operations focus on the defence sector, where engineering and manufacturing services are delivered. Expertise is applied to develop solutions for military applications, supported by a leadership team including founders Jerry Sgobbo as CEO, Sam Russo as COO, and Bill Lebo as CTO. Activities are centered on innovation and production for defence needs.
Dive Technologies's top competitors include L3Harris, BAE Systems and Kratos.
Dive Technologies offers Bolt, Barracuda, Roadrunner, Copperhead, and 4 more products and services.
Dive Technologies has 8 investors. Key investors include Anduril, DARPA, MassDevelopment, VTC Innovation Fund, and Mill Town Capital.
Yes. Dive Technologies was acquired by Anduril in February 2022.