United States · 
Who invested in Arda?
Arda's investors include Accel, Khosla Ventures, Altimeter and Lightshift. Accel led its latest round.
2026
$3.0MPre-seed$230MRound
United States · Funded startup
Who invested in Arda
2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 1 month ago
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Funding summaryUpdated 5 Nov 2026
$233Mraised across 2 rounds since 2025, from 3 sources
$3.0MPre-seed$230MRound
- Latest round
- Round, $230MOct 2026
- Led by
- Accel and Khosla Venturesand 1 more
- Step-upi
- 76.7×
- Investors
- 4 (4 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Pre-seed, $3.0M Mar 2025
- Biggest round
- $230M Round · Oct 2026
- Between rounds
- 19 months from the last two
The rounds
- Oct 2026
- Mar 2025
Founders and team
From Arda's own website: 6 on the team.
- Mike NelsonChief Executive Officer, arrivia
- Brian KaltenbaughVice President, Technology & Innovation
- Elizabeth A. BakerVice President, State Legislative/Regulatory Official Outreach & ARDA-ROC
- Justin VermuthSenior Vice President, State Government Affairs and ARDA-ROC
- Robert ClementsVice President, Regulatory Affairs & General Counsel
- Jason GamelPresident & CEO, ARDA
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 4 firms list Arda as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Arda
How much has Arda raised?
Arda has raised $233M across 2 rounds since 2025.
When did Arda last raise?
Arda's most recent round was an Undisclosed round of $230M in Oct 2026, led by Accel.
What was Arda's biggest round?
Its most recent round, $230M in Oct 2026, is also its largest on record.
Who backed Arda first?
Arda's first round on record, in Mar 2025, was backed by Lightshift.
What stage is Arda at?
Arda's latest named round is an Undisclosed round, in Oct 2026.
Where is Arda based?
Arda is based in the United States.
Who led Arda's rounds?
Lightshift led the Pre-seed in 2025; Accel led the Undisclosed round in 2026.
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