Funding round
Armada Growth
Reported as "Growth Equity"
Armada, which works in edge computing solutions development in San Francisco, raised $131M in a Growth round announced on 24 Jul 2025, led by Founders Fund. 12 firms took part, 4 of them already investors. It is Armada's third venture round on record; the one before was a Growth in Jul 2024.
$131M
Amount raised
Not disclosed
Post-money valuation
12
Investors
1 lead
Valuation
What this round says about the price
Armada did not disclose a valuation in this round. It came 12 months after Armada's Growth. It is 29% of the $456M Armada has raised in the venture rounds on record. Armada raised again 10 months later: a Series B round of $230M in May 2026, at $2.00B post-money.
Armada's funding rounds
Armada has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Founders Fund led the round with 11 other firms. Founders Fund, Lux Capital, M12 and Marlinspike had backed Armada before.
Lead investor
- Founders Fund backs 368 venture-backed companies existing investor
Also in the round
- Pinegrove new investor
- Veriten new investor
- Glade Brook backs 30 venture-backed companies new investor
- Lux Capital backs 194 venture-backed companies existing investor
- backs 28 venture-backed companies new investor
- backs 19 venture-backed companies new investor
- M12 backs 141 venture-backed companies existing investor
- backs 15 venture-backed companies new investor
- Silent Ventures new investor
- Felicis backs 237 venture-backed companies new investor
- backs 11 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
420 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 2.5 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 31 Jul 2025 | $1.50B | not disclosed | Salesforce Ventures and ServiceNow |
| Mavenir Tech Companies | 29 Jul 2025 | $300M | not disclosed | not named |
| Tech Companies | 22 Jul 2025 | $300M | not disclosed | not named |
| Aidoc Tech Companies | 24 Jul 2025 | $150M | not disclosed | General Catalyst and Square Peg |
| Tech Companies | 2 Jul 2025 | $135M | not disclosed | not named |
| Tech Companies | 22 Jul 2025 | $110M | $1.00B | not named |
| Armis Tech Companies | 23 Jul 2025 | $100M | $4.50B | Georgian |
| Tech Companies | 31 Jul 2025 | $100M | not disclosed | not named |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Armada raise in its Growth round?
Armada raised $131M in its Growth round, announced in Jul 2025.
Who led Armada's Growth round?
Founders Fund led it, with Pinegrove, Veriten, Glade Brook, Lux Capital and Shield Capital and 6 more.
What was Armada's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
420 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 2.5 times the median.
Did Armada raise again after this round?
Yes: a Series B round in May 2026 of $230M at $2.00B post-money.