Startup · United States
Ares Industries
HQ El Segundo, CAFounded 20241-10 employees
Develops low-cost cruise missiles for defense applications.
Funding2 rounds · ~$500K
- Equity raised
- ~$500K
- Latest
- UndisclosedSeed · Jan 30, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jan 30, 2025 | Seed | Undisclosed | — | — | — | Reported |
| Aug 25, 2024 | Pre-Seed | ~$500K | — | Y Combinator | — | Reported |
- SeedUndisclosedJan 30, 2025
- Pre-SeedLed by Y Combinator~$500KAug 25, 2024
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Maverick
Low-cost, container-launched long-range strike missile carrying a ~100 lb payload up to 1,000 miles.
Newest unveiled first. Open a system for its milestone timeline, components and sources.
Supply Chain1 facility
Facilities1
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Ares Industries headquarters | Headquarters | El Segundo, CA, United States | Operating | Reported |
- Ares Industries headquartersHeadquarters · El Segundo, CA, United StatesOperatingReported
People4
- Alex Tseng · LinkedIn ↗
Founder and CEO
- Daniel Jacoby · LinkedIn ↗
Founder & CEO
- Devan Plantamura · LinkedIn ↗
Co-Founder and COO
- Alex Tseng · LinkedIn ↗
Chief Executive Officer
Company Metrics
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
Sources8
Systems2
- 1CompanyAres Industries
Ares Industries · Supports System
“Maverick and Goose are our vision for mass-fire munitions: affordable, mass-manufacturable weapons built to be fielded en masse. Swarms of Goose can overwhelm defenses and enable maritime area denial, each carrying a ~20 lb payload out to 100 miles.”
- 2CompanyAres Industries
Ares Industries · Supports Organization · name, System, System · maturity
“Ares Industries”
Funding3
- 3
TechCrunch · Aug 25, 2024 · Supports Funding round, Organization · ownership
“The first defense startup to receive backing from Y Combinator”
- 4
PitchBook · Supports Funding round
“3. Seed Round | 30-Jan-2025”
- 5
Crunchbase · Supports Funding round, Organization · employee range, Organization · linkedin url, Organization · x url, Role
“Pre Seed - Ares Industries”
Supply chain1
- 6
BizProfile (California Secretary of State data) · Supports Facility, Organization · hq city, Organization · legal name, Organization · status, Role
“The principal and mailing address of the corporation is situated at 607 E El Segundo Blvd, El Segundo, CA 90245”
People1
- 7
Y Combinator · Supports Organization, Organization · country, Organization · hq city, Role
“Hello, we’re Alex and Devan, and we’re building the low-cost cruise missiles the United States needs!”
Other1
- 8
LinkedIn · Supports Organization · employee range, Organization · linkedin url, Organization metric · employees in linkedin, Organization metric · followers
“employee_range: 1-10 (profile: 2-10 employees)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.