Funding round
Armis Growth
Reported as "Growth Equity"
Armis, which works in cyber exposure management solutions in San Francisco, raised $100M in a Growth round announced on 23 Jul 2025, led by Georgian, at a $4.50B post-money valuation. 2 firms took part, 1 of them already investors. It is Armis' fifth venture round on record; the one before was a Series D in Oct 2024.
$100M
Amount raised
$4.50B
Post-money valuation
2
Investors
1 lead
1.1x
Step-up from the Series D
$4.20B in Oct 2024
2.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Armis at $4.50B after the new money, 1.1 times the $4.20B of its Series D (Oct 2024). The $100M bought investors about 2.2% of the company. It came 9 months after Armis' Series D. It is 1.1% of the $8.88B Armis has raised in the venture rounds on record. Armis raised again 4 months later: a Growth round of $435M in Nov 2025, at $6.10B post-money.
Armis' funding rounds
Armis has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Series B 9 Apr 2018, led by Red Dot Capital Partners $30M
- Series C 11 Apr 2019, led by Sequoia Capital $65M
- Acquisition not a venture round 6 Jan 2020, led by Insight Partners $1.10B$1.10B post-money
- Growth 29 Nov 2021, led by One Equity Partners $300M$3.40B post-money
- Series D 28 Oct 2024, led by General Catalyst and Alkeon $200M$4.20B post-money
- Growth this round 23 Jul 2025, led by Georgian $100M$4.50B post-money
- Growth 5 Nov 2025, led by Growth Equity at Goldman Sachs Alternatives $435M$6.10B post-money
- Growth 30 Dec 2025, led by ServiceNow $7.75B
Investors
Who put money in
Georgian led the round with 1 other firm. Georgian had backed Armis before.
Lead investor
- backs 54 venture-backed companies existing investor
Also in the round
- G Squared backs 40 venture-backed companies new investor
Comparable rounds
How it compares
419 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 1.9 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 |
| Armada Tech Companies | 24 Jul 2025 | $131M | not disclosed | Founders Fund |
| Tech Companies | 22 Jul 2025 | $110M | $1.00B | not named |
| Tech Companies | 31 Jul 2025 | $100M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Armis raise in its Growth round?
Armis raised $100M in its Growth round, announced in Jul 2025.
Who led Armis' Growth round?
Georgian led it, with G Squared.
What was Armis' valuation at the Growth round?
$4.50B post-money.
How does it compare with other Growth rounds in Tech Companies?
419 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 1.9 times the median.
Did Armis raise again after this round?
Yes: a Growth round in Nov 2025 of $435M at $6.10B post-money.