# Armory funding: rounds and investors

> Armory has raised $40M across 4 rounds since 2018. Investors include Y Combinator, Bain Capital Ventures and Javelin Venture Partners.

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

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

# Who invested in *Armory*

4 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.

Cloud DevOps

Y Combinator: W17

Funding summary Updated 26 Oct 2026

**$40M** raised across 4 rounds since 2018, from 4 sources

**$10M** Series A **$28M** Series B **$1.5M** Seed

- **Latest round:** Seed, $1.5M Jun 2025
- **Biggest round:** $28M Series B · Aug 2019
- **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.

2019 2020 2021 2022 2023 2024 2025

**$10M** Series A

**$28M** Series B

**?** Venture

**$1.5M** Seed

- **First round:** Series A, $10M
- **Biggest round:** $28M
- **Usual gap between rounds:** 2.8 years

## The rounds

- **Jun 2025** Seed **$1.5M** *1 new* [Antler](https://millionrounds.com/fund/antler) Source recorded SEC filing: $3.0M sold, first sale Mar 2025
- **May 2022** Venture **Amount undisclosed** *3 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Gaingels](https://millionrounds.com/fund/gaingels) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [B Capital](https://millionrounds.com/fund/b-capital) Source recorded
- **Aug 2019** Series B **$28M** *4 new* *2 returning* [Insight Partners](https://millionrounds.com/fund/insight-partners) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Javelin Venture Partners](https://millionrounds.com/fund/javelin-venture-partners) [Mango Capital](https://millionrounds.com/fund/mango-capital) Reported by FinSMEs
- **Aug 2018** Series A **$10M** *4 new* Crosslink Capital/ Bain Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Javelin Venture Partners](https://millionrounds.com/fund/javelin-venture-partners) Robin Vasan Reported by TechCrunch

## 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.

**Series A** 2018 **Series B** 2019 **Venture** 2022 **Seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Javelin Venture Partners](https://millionrounds.com/fund/javelin-venture-partners) [Insight Partners](https://millionrounds.com/fund/insight-partners) L Crosslink Capital/ Bain L [Gaingels](https://millionrounds.com/fund/gaingels) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Antler](https://millionrounds.com/fund/antler) [B Capital](https://millionrounds.com/fund/b-capital) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **2** rounds

[Javelin Venture Partners](https://millionrounds.com/fund/javelin-venture-partners) VC firm **2** rounds

[Insight Partners](https://millionrounds.com/fund/insight-partners) Company **1** round, led 1

Crosslink Capital/ Bain no record of our own yet **1** round, led 1

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Antler](https://millionrounds.com/fund/antler) VC firm **1** round

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

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

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

Robin Vasan no record of our own yet **1** round

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

## Also claim to have backed them

These 5 firms list Armory 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.

[UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm Per its own site

[Transmedia Capital](https://millionrounds.com/fund/transmedia-capital) VC firm Per its own site

[Base Ventures](https://millionrounds.com/fund/base-ventures) VC firm Per its own site

[Free State Forge](https://millionrounds.com/fund/free-state-forge) Angel network Per its own site

[Samudra Pacific Capital Partners](https://millionrounds.com/fund/samudra-pacific-capital-partners) Family office Per its own site

## Quick answers about Armory

### Who invested in Armory?

Armory's investors include Y Combinator, Bain Capital Ventures, Javelin Venture Partners, Insight Partners and Crosslink Capital/ Bain, and 7 more on record.

### How much has Armory raised?

Armory has raised $40M across 4 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Armory last raise?

Armory's most recent round was a Seed of $1.5M in Jun 2025.

### What was Armory's biggest round?

Armory's largest round on record is $28M (Series B), in Aug 2019, led by Insight Partners.

### Who backed Armory first?

Armory's first round on record, in Aug 2018, was backed by Crosslink Capital/ Bain, Y Combinator and Javelin Venture Partners and 1 others.

### What stage is Armory at?

Armory's latest named round is a Seed, in Jun 2025.

### Where is Armory based?

Armory is based in the United States.

### Who led Armory's rounds?

Crosslink Capital/ Bain led the Series A in 2018; Insight Partners led the Series B in 2019.

## Companies like Armory

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

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