About Armory
Armory is a venture capital firm founded in 2009. It is primarily based out of Champaign, United States. As of Aug 2026, Armory is an active investor, having invested in 9 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Food and Agriculture. Most recently it participated in the $***** Seed round of XSPONSE Overall, Armory portfolio has seen 6 acquisitions including key companies like Envisage Technologies, IFSI and Imperial Plastics. Armory has team of 5 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, PE & 1 more
Portfolio Acquisitions
Armory's List of Top Investments
Armory has a portfolio of 9 companies. Their most notable investmentis in Envisage TechnologiesTheir portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Food and Agriculture and 2 other sectors, across stages such as Series A, PE and 1 more. Here is the list of top investments by Armory:Envisage provides professionally accredited training resources and learning management solutions to first responders and law enforcement agencies. Additionally, it aids in maintaing employee recorders, scheduling and adhering to compliances. It also has a mobile app that can record practical test/examination observations. It counts the U. S. Department of Homeland Security and State of California’s Department of State Hospitals among its customers.
Key facts about Envisage Technologies
- Founded Year: 2001
- Location: Bloomington (United States)
- Stage: Acquired
- Total Funding till date: $2.93M
- Employee Count: 41 as on Jun 30, 2026
- Investors: Norwest and Armory
- Latest Funding Round: Series B, Feb 20, 2020, $*****
- Highlight: Acquired
2. IFSI
Developer of vegetable and field crop seed genetics for agriculture. This business produces hybrid seeds for sweet corn, beets, carrots, peas, and beans. It maintains breeding programs to create plant varieties for commercial growers. The organization manages seedstock production and distribution to support agricultural planting requirements.
Key facts about IFSI
- Founded Year: 1937
- Location: Tolono (United States)
- Stage: Acquired
- Employee Count: 120 as on Jun 30, 2026
- Investors: Armory
- Highlight: Acquired
Key facts about Imperial Plastics
- Founded Year: 1968
- Location: Lakeville (United States)
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 85 as on Jun 30, 2026
- Investors: Armory, Goldner Hawn and 3 Others
- Latest Funding Round: PE, 2014, $*****
- Highlight: Acquired
Provider of tuxedo and suit rentals and sales. This company offers a wide selection of suits and tuxedos, along with complementary accessories such as shirts, ties, vests, cummerbunds, shoes, socks, cufflinks, and studs. Customers can choose to rent or buy their attire. The company provides a streamlined process for selecting, customizing, and receiving orders, including a digital measurement tool for accurate sizing. They also offer services for out-of-town groomsmen.
Key facts about Jim's Formal Wear
- Founded Year: 1964
- Location: Trenton (United States)
- Stage: Late Stage
- Employee Count: 322 as on Mar 31, 2026
- Investors: Armory
- Latest Funding Round: PE, Jan 24, 2013, $*****
5. XSPONSE
Provider of AI-driven security solutions for real-time insights and automation. The company delivers integrated systems designed for enhanced detection, alerting, and mass notifications. It offers hardware and software for proactive safety management, including environmental sensors, wearable devices, and automated emergency responses. The company’s platform provides real-time tracking and instant alerts.
Key facts about XSPONSE
- Founded Year: 2019
- Location: Yakima (United States)
- Stage: Seed
- Employee Count: 11 as on Jun 30, 2026
- Investors: Armory
- Latest Funding Round: Seed, Aug 06, 2026, $*****
Armory's Year-on-Year Investment Trends
Armory has invested in 11 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. As of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in XSPONSE.Armory's Investments by Stage
Armory has made 2 investments in Series A stage with an average round size of $2.5M, 1 investment in PE stage and 1 investment in Seed stage.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
PE | 1 |
Seed | 1 |
Note: We have considered here, only first round of investments
Armory's Investments by Sector
Armory has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, High Tech and Vertical SaaS. Notably, it has invested in 4 Enterprise (B2B) companies, 3 Consumer (B2C) companies, 2 Saas companies and at least 2 companies focusing on Tech.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Business Services | 1 |
High Tech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Armory's Investments by Geography
Armory has made most investments in United States (4).Armory's recent investments
Armory has made 1 investments in 2026 so far - XSPONSE.Here are the most recent investments by Armory:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | United States | Seed | 1346 | - | |
Sep 20, 2016 | United States | Series A | 5512 | - | |
Oct 02, 2014 | United States | Series A | 3638 | - | |
Jan 24, 2013 | United States | PE | 6475 | - |
Acquired companies in Armory's Portfolio
6 companies from Armory's portfolio have been acquired. The most recent acquisition was IFSI in May 2026 by Planasa for $*****.Here are Armory's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 12, 2026 | - | - | 1468 | |
Sep 08, 2021 | Oct 02, 2014 | Series A | 6042 | |
Aug 31, 2021 | Sep 20, 2016 | Series A | 8884 | |
Dec 16, 2020 | - | - | 8181 | |
Apr 24, 2020 | - | - | 9056 |
Team profile of Armory
Armory has a team of 5 members including 4 Partners located in United States. Armory's team does not sit on the board of any company as of now.Here is a list of all team members in Armory:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Urbana | - | ||
Partner | Urbana | - | ||
Partner | United States | - | - | |
Partner | Naples | - |
Co-investors of Armory
Over the past 13 years, one investor has co-invested in Armory's portfolio companies. This includes only funds.
- Invested after Armory: Norwest (1 company) is the only investor which has invested in Armory's portfolio after their investments.
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