Armadin - About the company
Armadin is a series B company based in Palo Alto (United States), founded in 2025 by Kevin Mandia, David Slater and Evan Pena. It operates as a Developer of a cybersecurity platform utilizing AI to simulate and detect potential vulnerabilities in a companys defenses. Armadin has raised $445M in funding from Accel. The company has 398 active competitors, including 27 funded and 10 that have exited. Its top competitors include companies like Cobalt, Synack and Pentera.
Company Details
Developer of a cybersecurity platform utilizing AI to simulate and detect potential vulnerabilities in a companys defenses. It builds autonomous cybersecurity agents that detect and respond to threats without human intervention, countering emerging AI powered attacks by black hats. Mandia warns that offensive AI will enable rapid, adaptive attacks, dropping execution time from days to minutes.
Key Metrics
Founded Year
2025
Location
Palo Alto, United States
Stage
Series B
Total Funding
$445M in 3 rounds
Latest Funding Round
Ranked
5th among 398 active competitors
Employee Count
148 as on Aug 31, 2026
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Armadin's funding and investors
Armadin has raised a total funding of $445M over 3 rounds. Its first funding round was on Oct 10, 2025. Its latest funding round was a Series B round on Oct 01, 2026 for $*****. 10 investors participated in its latest round. Armadin has 8 institutional investors.
Here is the list of recent funding rounds of Armadin:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2026 | 9837884 | Series B | 7732061 | 4773294 | 2665592 | 3683136 |
Mar 10, 2026 | 5178028 | Series A | 4278761 | 1376703 | 1459421 | |
Oct 10, 2025 | 7626120 | Seed | 8999113 | 4118800 |
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Armadin's founders and board of directors
Founder? Claim ProfileThe founders of Armadin are Kevin Mandia, David Slater and Evan Pena. Kevin Mandia is the CEO of Armadin.
Here are the details of Armadin's key team members:
- Kevin Mandia: Co-Founder & CEO of Armadin. Contact Info: 1 email address
- David Slater: Co-Founder of Armadin. Contact Info: 1 email address
- Evan Pena: Founder & Chief Offensive Security Officer of Armadin. Contact Info: 1 email address
View details of Armadin's Founder profiles and Board Members
Armadin's employee count trend
Armadin has 148 employees as of Aug 26. Here is Armadin's employee count trend over the years:
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Armadin's Competitors and alternates
Top competitors of Armadin include Cobalt, Synack and Pentera. Here is the list of Top 10 competitors of Armadin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cobalt 2013, San Francisco (United States), Series B | Provider of penetration testing as a service and offensive security | $36.6M | 71/100 | |
2nd | Synack 2013, San Francisco (United States), Series D | Platform offering security testing solution | $112M | 70/100 | |
3rd | Pentera 2015, Burlington (United States), Series D | Cloud based penetration testing solutions provider | $250M | 66/100 | |
4th | XBOW 2024, Seattle (United States), Series C | AI-powered autonomous penetration testing platform | $270M | 65/100 | |
5th | Armadin 2025, Palo Alto (United States), Series B | Developer of a cybersecurity platform utilizing AI to simulate and detect potential vulnerabilities in a companys defenses | $445M | 65/100 | |
6th |  Horizon Three AI 2019, San Francisco (United States), Series E | Cloud based pentesting platform | $436M | 60/100 | |
7th | Provider of an AI-powered security platform for automated continuous pentesting and vulnerability scanning | $2.82M | 60/100 | ||
8th | SplxAI 2023, United States, Acquired | Provider of AI powered pentesting solutions | $8.99M | 57/100 | |
9th | Terra Security 2024, New York (United States), Series A | Provider of AI-powered continuous penetration testing as a service | $38M | 56/100 | |
10th |  Aim Intelligence 2024, Seoul (South Korea), Series A | AI-based intelligence solutions for AI vulnerabilities, adversarial attacks, and data privacy | $8.11M | 54/100 |
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Armadin's Investments and acquisitions
Armadin has made no investments or acquisitions yet.
Reports related to Armadin
Here is the latest report on Armadin's sector:
News related to Armadin
Media has covered Armadin for a total of 6 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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Cognition AI Closes $2 Billion Series E Funding Round at $48 Billion ValuationMassinvestor•Sep 19, 2026•Andreessen Horowitz, Armadin, Accel
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Armadin Raises $189.9 Million in Seed and Series A RoundsStartup Log•Mar 11, 2026•Armadin, Accel, Ballistic Ventures, Kleiner Perkins and 4 others
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