Armada

We're bridging the digital divide - revolutionizing connectivity, compute, and AI solutions where they're needed most - anywhere on Earth.

AI infrastructure and compute

TIMELINE · MONEY RAISED

Armada | 679 days from X account to first raise on record

@armada_ai·Raised $361M in 2 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

1. May 20, 2026
   Series B+ · $230M · $2B valuation
   OOvermatch Ventures (lead), MMarlinspike Capital, MMitsui & Co., NNightDragon, NNomi Capital, SShield Capital, SSignalRank, SSilent Ventures, SSingtel Innov8, VVeriten
   Source: Pulse 2.0
2. July 24, 2025
   Series A · $131M
   MM12 (lead)
   Source: prnewswire.com
3. September 14, 2023
   X account created
4. December 16, 2017
   Website created

Founders and team

• DW
  Dan Wright Founder

  @danwrightSF · LinkedIn
• JR
  Jonathan Runyan Founder

  LinkedIn
• PM
  Pragyan Mishra Chief AI Officer

Investors

• 88090 Industries
• BBlackRock
• FFelicis
• FFounders Fund
• LLux Capital
• MM12lead investor
• MMarlinspike Capital
• MMitsui & Co.
• NNightDragon
• NNomi Capital
• OOvermatch Ventureslead investor
• SShield Capital
• SSignalRank
• SSilent Ventures
• SSingtel Innov8
• VVeriten

Companies like Armada

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• CCowboy Space$275M Series B+ · May 2026
• NNorthwood$375M Series B+ · Nov 2026
• RRadiant$300M Series B+ · Dec 2025
• SSalience Labs$125M Series B+ · Oct 2026

Other companies backed by Overmatch Ventures

• NNominal$240M Series B+ · Nov 2026
• MMach9$34M Series A · Oct 2026
• EEfficient Computer$97M Series B+ · Sep 2026
• QQuartermaster$140M Series B+ · Sep 2026
• CCritical Materials Group$10.3M Seed · Sep 2026
• EExowatt$70M Series A · May 2026

Overmatch Ventures portfolio →