ARMADA

Venture-backed company · Series Bats.rippling.com
Rounds on record
1
Latest round
May 19, 2026
Series B
Latest round size
$230M
As of · the latest observation of this company; each round carries its own date

7 additional investors

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. $230M
    announced

    Announced a Series B ($230M round) on 19 May 2026.

    A company that just raised has fresh capital, a new board and new vendors to choose.

    FactPress release wires (PR Newswire, GlobeNewswire)For Investors, lenders, service providersFinancing history →
  2. 10 investors
    named

    10 investors on record;

    The investors already on the cap table shape who leads the next round.

    Factfunding announcements, portfolio pages and Form DFor Investors, foundersInvestors →
Drawing the relationship network…

Facts

Year of incorporation
unknown
Revenue range (Form D)
unknown
Rounds on record
1
Disclosed raised
$230Msum of rounds with a disclosed amount only
Named investors
10

Financing history

1 round
  1. May 19, 2026
    Series B · $230M (disclosed) · valuation $2.0B (unknown)
    Shield Capital, LLC (participant)LUX Capital Management, LLC (participant)Founders Fund LLC (participant)Overmatch (lead)Felicis Ventures (participant)Marlinspike (participant)Veriten (participant)Gladebrook (participant)Silent Ventures Management, LLC (participant)
    Fact Press release · “Armada Announces Agreement with Johnson Controls for Galleon Forge One; Raises $230M in Oversubscribed Series B with a Pre-Money Valuation of $2B to Accelerate Deployment of the U.”

Investors on record

10 edges

Ownership and outcomes

none on record
Outcome stated by investors

Listed on 1 firm portfolio page; none states an outcome (acquired, public, exited or active). DFX does not assume the company is active.

Evidence: 1 listingeach firm's own card, as read
No later owner or exit on record: no private equity sponsor position and no acquisition, listing or IPO report names this company.

Credit relationships

none on record
No lender position matched to this company.

People

0 officers, 0 directors
No officer or director on record.

Timeline

1 event
  1. May 19, 2026
    Armada announced Series B of $230,000,000, led by Overmatch
    Round announced Fact Press release

Evidence

5 observations
Every observation on this company
  • Listed on portfolio page: Valor Equity Partners Sep 30, 2026 Fact Firm website
  • Listed on portfolio page: Valor Equity Partners Sep 16, 2026 Fact Firm website
  • Listed on portfolio page: Valor Equity Partners Sep 12, 2026 Fact Firm website
  • Round announced: Series B $230,000,000 May 19, 2026 Fact Press release
  • Website status: redirected:rippling.com Sep 18, 2026 Fact Company website

Relationships across DFX

on 1 other DFX graph
Across the graphs

ARMADA is the same institution as 1 record in Private Equity.

Private Equity1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Record history

4 identity changes, 1 dated event on the change ledger, latest event first
  • Listing repointed
    2026-10-01source on record
  • Listing repointed
    2026-10-01source on record
  • Listing repointed
    2026-10-01source on record

+2 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.