Swarmer
Ukrainian AI software platform for coordinated multi-drone swarm autonomy, now Nasdaq-listed.
Swarmer builds an AI-driven autonomy operating system (Styx AI, Minas, and Trident) that lets heterogeneous drone swarms execute human-defined objectives with one operator per swarm rather than per drone, trained on real Ukrainian combat missions. Co-founded in May 2023 by Serhii Kupriienko (CEO Global, ex-Ring/Amazon) and Alex Fink (President & CEO U.S.); headquartered in Austin, Texas with Ukrainian operations via subsidiary Autonomous Robotics Systems LLC. Deployed operationally with the Armed Forces of Ukraine across 100,000+ missions under active EW/GPS-denial conditions. Erik Prince (of Blackwater/Prince Group) has served as non-executive Chairman of the board since December 2025. Went public on Nasdaq (SWMR) in March 2026 after a $15M Series A in September 2025 (~$17.7M raised pre-IPO), pricing 3,000,000 shares at $5.00 (~$15M gross). In May 2026, Swarmer was awarded a $2.86M contract (up to $13.2M with options) from Meta Bureau LLC for 16,000+ software licenses to outfit 'SkyKnight' quadcopter bomber drones.
Overview
- Headquarters
- Austin, TX, United States
- Founded
- 2023
- Employees
- 62 FT + 60 contractors
- Total funding
- $17.7M (pre-IPO)
- Stage
- Public
- Status
- public
- Domains
- Drone swarm autonomy, Autonomous mission software, Counter-EW navigation
- Website
- getswarmer.com
Founders2
- FounderSerhii KupriienkoCo-founder and CEO Global of Swarmer. Master's in Computer Science, Chernihiv Polytechnic National University, Ukraine (2007). Held a series of research-leadership roles at Ring LLC Ukraine (2018-2021, including Director/General Manager of Research), then General Manager of AI and VP Business Continuity & Protection at Squad Ukraine LLC (2021-2023). Swarmer board member since Dec 2023, CEO since Jan 2024.
- FounderAlex FinkCo-founder and President of Swarmer (titled 'CEO U.S.' since Sept 2025). BA Computer Sciences, Technion — Israel Institute of Technology (2006); MBA Marketing, UMass Amherst Isenberg School of Business (2018). Founded military camera/drone consultancy Panopteo LLC (2015-2022, 35 projects to mass production); engineering roles at Zoran Corp and Videostitch/Orah; marketing at Ambarella; founded and led Otherweb, Inc. (2021-2025). Co-founded Swarmer May 2023.
Investors7
- FundBroadband Capital InvestmentsInvestment firm; led Swarmer's $15M Series A (Sept 2025).
- FundRG.AI TechnologiesInvestor in Swarmer's Series A; per Swarmer's SEC 424B4 cap table, holds 1,309,331 shares (14.0% pre-offering, 10.6% post-offering).
- FundGreen Flag VenturesInvestor in Swarmer's Series A; per Swarmer's SEC 424B4 cap table, Green Flag Fund I, L.P. holds 499,927 shares (5.3% pre-offering, 4.0% post-offering). Its principal, Justin Zeefe, sits on Swarmer's board.
- FundNetwork VCInvestor in Swarmer's $15M Series A (Sept 2025).
- FundTheseus Capital PartnersSwarmer's largest institutional shareholder per its SEC 424B4 cap table: 2,324,961 shares (22.0% pre-offering, 17.2% post-offering), held via Series A-1 preferred plus warrants. Its principal, Philip Wagenheim, sits on Swarmer's board. Not named in Swarmer's Series A press release — identified only via the SEC filing.
- FundRadius CapitalVenture capital investor; participated in both of Orqa's Seed and Series A rounds.
- FundD3 VCEarly-stage venture fund focused on Ukrainian and allied defense technology (drones, EW, autonomy, sensors, AI); launched 2023 by Eveline Buchatskiy, Anton Verkhovodov, and Elya Chiechienieva, backed by investors including former Google CEO Eric Schmidt. Participated in Uforce's $50M seed round and Cambridge Aerospace's ~$130M raised to date.
Cap table7
Contracts2
- ContractSkyKnight Software License Contract — Meta Bureau LLCContract to supply 16,000+ Swarmer software licenses to outfit 'SkyKnight' quadcopter bomber drones with swarming software.
- ContractSkyKnight Software License Contract — Progress TRW S.R.O. (Czech Republic carve-out)$1.41M carve-out of Meta Bureau's SkyKnight software-license order, reassigned to Czech LLC Progress TRW S.R.O. under a June 2026 amendment to the Swarmer Estonia OÜ–Meta Bureau master agreement; part of a combined $3.87M current / $14.2M potential deal.
Programs0
No linked records yet.
Frequently asked
- What does Swarmer do?
- Swarmer builds an AI-driven autonomy operating system (Styx AI, Minas, and Trident) that lets heterogeneous drone swarms execute human-defined objectives with one operator per swarm rather than per drone, trained on real Ukrainian combat missions. Co-founded in May 2023 by Serhii Kupriienko (CEO Global, ex-Ring/Amazon) and Alex Fink (President & CEO U.S.); headquartered in Austin, Texas with Ukrainian operations via subsidiary Autonomous Robotics Systems LLC. Deployed operationally with the Armed Forces of Ukraine across 100,000+ missions under active EW/GPS-denial conditions. Erik Prince (of Blackwater/Prince Group) has served as non-executive Chairman of the board since December 2025. Went public on Nasdaq (SWMR) in March 2026 after a $15M Series A in September 2025 (~$17.7M raised pre-IPO), pricing 3,000,000 shares at $5.00 (~$15M gross). In May 2026, Swarmer was awarded a $2.86M contract (up to $13.2M with options) from Meta Bureau LLC for 16,000+ software licenses to outfit 'SkyKnight' quadcopter bomber drones.
- Where is Swarmer headquartered?
- Swarmer is headquartered in Austin, TX, United States and was founded in 2023.
- How much funding has Swarmer raised?
- Swarmer has raised $17.7M (pre-IPO) in disclosed funding.
- What does Swarmer specialize in?
- Swarmer works across Drone swarm autonomy, Autonomous mission software, Counter-EW navigation.
- Does Swarmer hold government contracts?
- Defense Tech Atlas links Swarmer to 2 government contracts.
Sources & citations5
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Raised $15M Series A led by Broadband Capital Investments, Sept 2025
Business Wire: Swarmer, Ukraine's Leading Drone Autonomy and Swarming Company, Announces $15m Series A Led By US InvestorsVerified2025-09-16 - 2
Completed IPO on Nasdaq (ticker SWMR) in March 2026, pricing at $5.00/share
Business Wire: Swarmer Announces Pricing of Initial Public OfferingVerified2026-03-16 - 3
Erik Prince has served as Chairman of Swarmer's board of directors since December 8, 2025, under a Chief Strategic Advisor and Non-Executive Chairman Agreement covering external representation, strategic function, business development and leadership support, communication and coordination, and external engagement/media communications; other directors include Philip Wagenheim, Justin Zeefe, Edward Antoian, and Amir Frenkel, alongside Kupriienko and Fink
U.S. Securities and Exchange Commission (EDGAR): Swarmer, Inc. Form 424B4 — ManagementVerified2026-03-17 - 4
Swarmer awarded a $2.86 million contract (up to $13.2 million with options) from Meta Bureau LLC for 16,000+ software licenses to outfit 'SkyKnight' quadcopter bomber drones with swarming software
GlobeNewswire: Swarmer Awarded $2.86M Contract to Outfit SkyKnight Drones With Swarming SoftwareVerified2026-05-13 - 5
D3 Fund, LP (D3 VC's investing vehicle) is a Swarmer stockholder per Swarmer's SEC Form 424B4; AIN.ua independently reported Swarmer secured funding from D3 in November 2023, over two years before the IPO made the cap table public
U.S. SEC: Swarmer, Inc. Form 424B4Verified2026-03-17