# ArmorCode funding: rounds and investors

> ArmorCode has raised $59M across 3 rounds since 2021. Investors include Sierra Ventures, Tau Ventures and Cervin Ventures. Every round with its source.

Source: https://millionrounds.com/company/armorcode (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *ArmorCode*

3 rounds we have observed, with the 12 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.

AI Cybersecurity Enterprise Software

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$59M** raised across 3 rounds since 2021, from 3 sources

**$3.0M** Seed **$40M** Series B **$16M** Series B

- **Latest round:** Series B, $16M Mar 2026
- **Led by:** Cheyenne Ventures
- **Biggest round:** $40M Series B · Dec 2023
- **Investors:** 12 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$3.0M** Seed

**$40M** Series B

**$16M** Series B

- **First round:** Seed, $3.0M
- **Biggest round:** $40M
- **Usual gap between rounds:** 2.6 years

## The rounds

- **Mar 2026** Series B **$16M** *4 new* *4 returning* [Cheyenne Ventures](https://millionrounds.com/fund/cheyenne-ventures) Lead [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [Tau Ventures](https://millionrounds.com/fund/tau-ventures) [Cervin Ventures](https://millionrounds.com/fund/cervin-ventures) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) [NGP Capital](https://millionrounds.com/fund/ngp-capital) [Highland Capital](https://millionrounds.com/fund/highland-capital) [Harmonic Growth Partners](https://millionrounds.com/fund/harmonic-growth-partners) Reported by Ventureburn
- **Dec 2023** Series B **$40M** *3 new* *1 returning* [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [Cervin Ventures](https://millionrounds.com/fund/cervin-ventures) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) Source recorded
- **May 2021** Seed **$3.0M** *5 new* [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) Lead [Tau Ventures](https://millionrounds.com/fund/tau-ventures) [Z5 Capital](https://millionrounds.com/fund/z5-capital) [Andreas Kuehlmann](https://millionrounds.com/fund/andreas-kuehlmann) [Prithvi Rai](https://millionrounds.com/fund/prithvi-rai) Reported by Z5 Capital

## Founders and team

From ArmorCode's own website: 2 founders, 9 on the team.

**Nikhil Gupta** CEO and Founder

**Deepak Yadav** Co-founder and Chief Architect

- **Chandra Sekar** Chief Marketing Officer
- **Jon Skoglund** Chief Financial Officer
- **Mark Lambert** Chief Product Officer
- **Jonathan Goldheim** VP of Worldwide Sales
- **Sally Buchanan** Global Head of People
- **Shri Chickerur** VP of Customer Success
- **Corey Mulloy** Board of Directors, ArmorCode;
- **Mark Fernandes** Board of Directors, ArmorCode;
- **Phil Venables** Board of Directors, ArmorCode;

Advisers *Oliver Friedrichs*

## 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.

**Seed** 2021 **Series B** 2023 **Series B** 2026 [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) L [Tau Ventures](https://millionrounds.com/fund/tau-ventures) [Cervin Ventures](https://millionrounds.com/fund/cervin-ventures) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) [Cheyenne Ventures](https://millionrounds.com/fund/cheyenne-ventures) L [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [NGP Capital](https://millionrounds.com/fund/ngp-capital) [Highland Capital](https://millionrounds.com/fund/highland-capital) [Z5 Capital](https://millionrounds.com/fund/z5-capital) [Harmonic Growth Partners](https://millionrounds.com/fund/harmonic-growth-partners)

## Everyone who backed them

[Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) VC firm **3** rounds, led 1

[Tau Ventures](https://millionrounds.com/fund/tau-ventures) VC firm **2** rounds

[Cervin Ventures](https://millionrounds.com/fund/cervin-ventures) VC firm **2** rounds

[Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) VC firm **2** rounds

[Cheyenne Ventures](https://millionrounds.com/fund/cheyenne-ventures) VC firm **1** round, led 1

[Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) VC firm **1** round

[NGP Capital](https://millionrounds.com/fund/ngp-capital) VC firm **1** round

[Highland Capital](https://millionrounds.com/fund/highland-capital) Private equity **1** round

[Z5 Capital](https://millionrounds.com/fund/z5-capital) VC firm **1** round

[Harmonic Growth Partners](https://millionrounds.com/fund/harmonic-growth-partners) VC firm **1** round

[Andreas Kuehlmann](https://millionrounds.com/fund/andreas-kuehlmann) Angel **1** round

[Prithvi Rai](https://millionrounds.com/fund/prithvi-rai) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=armorcode).

## Also claim to have backed them

These 2 firms list ArmorCode 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.

[Qudit](https://millionrounds.com/fund/qudit) VC firm Per its own site

[Qudit Investments](https://millionrounds.com/fund/qudit-investments) VC firm Per its own site

## Quick answers about ArmorCode

### Who invested in ArmorCode?

ArmorCode's investors include Sierra Ventures, Tau Ventures, Cervin Ventures, Ballistic Ventures and Cheyenne Ventures, and 7 more on record. Cheyenne Ventures led its latest round.

### How much has ArmorCode raised?

ArmorCode has raised $59M across 3 rounds since 2021.

### When did ArmorCode last raise?

ArmorCode's most recent round was a Series B of $16M in Mar 2026, led by Cheyenne Ventures.

### What was ArmorCode's biggest round?

ArmorCode's largest round on record is $40M (Series B), in Dec 2023.

### Who backed ArmorCode first?

ArmorCode's first round on record, in May 2021, was backed by Sierra Ventures, Tau Ventures and Z5 Capital and 2 others.

### What stage is ArmorCode at?

ArmorCode's latest named round is a Series B, in Mar 2026.

### Where is ArmorCode based?

ArmorCode is based in the United States.

### Who led ArmorCode's rounds?

Sierra Ventures led the Seed in 2021; Cheyenne Ventures led the Series B in 2026.

## Companies like ArmorCode

In the same sector, and raised in the last eighteen months.

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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