Armada AI Stock

armada.aiEnterprise Software / Data Management/​StorageFounded: 2022Funding to Date: $63MM

Armada, founded in 2022, is a technology company specializing in edge computing, AI, and mobile data centers. They offer the world's first full stack edge computing platform, designed to unlock the full potential of satellite connectivity with their Commander Connect operating system. This system connects, manages, and optimizes multiple Starlink terminals, aiming to bridge the digital divide and enable innovation at the edge of technology. Armada's platform is conceived to be rapidly deployable, providing data center solutions even in remote corners of the world. Armada is headquartered in San Francisco, California.

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Armada AI Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Armada AI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
12/11/2023 Series A $50MM $xx.xx $242.53MM 137 Ventures, 8090 Industries, 8vc, Contrary, Felicis, Founders Fund, Koch Real Estate Investments, Lux Capital, Marlinspike, Shield Capital, Valor Equity Partners
Price per Share
$xx.xx
Shares Outstanding
15,849,367
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
137 Ventures, 8090 Industries, 8vc, Contrary, Felicis, Founders Fund, Koch Real Estate Investments, Lux Capital, Marlinspike, Shield Capital, Valor Equity Partners
12/20/2022 Series Seed $13MM $xx.xx $65MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
13,952,970
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

Armada AI Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Dan Wright JD
Co-Founder & Chief Executive Officer
Jonathan Runyan
Co-Founder & Chief Operating Officer
Pradeep Nair
Founding Chief Technology Officer
Prag Mishra
Chief Artificial Intelligence Officer

Board

Kerem Ozmen
8090 Industries
Trae Stephens
Founders Fund

Armada AI stock FAQs

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Can you buy Armada AI stock?

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Can you sell Armada AI stock?

Yes, you may sell the Armada AI stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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  2. Indicate your interest to sell your Armada AI on our platform.
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Is Armada AI a public company?

No, Armada AI is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Armada AI’s stock price?

Armada AI is a privately held company and therefore does not have a public stock price. However, you may access Armada AI private market stock price with Forge Data.
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What is Armada AI’s stock ticker symbol?

Armada AI does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

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Armada AI News and Media Highlights

Armada launches cutting-edge AI solutions for remote industrial settings

Armada, a start-up company led by CEO Dan Wright, has launched advanced AI solutions for remote and industrial settings. The company's technology platform enables AI-grade computing capacities for industrial devices in locations like oil rigs and military bases. Their solution includes integration with SpaceX's Starlink network of internet-provider satellites, making it the first company to build on top of this network. Despite no customers beyond a proof-of-concept trial, Armada has raised substantial funding of around $250 million.

Startup raises $55 million for portable Starlink-dedicated data centers

"Data networking startup Armada has raised over $55 million to develop computing tools that facilitate remote connectivity to Starlink, SpaceX's broadband satellite network. Armada's portable data centers, called Galleons, are designed to provide real-time data processing capabilities to remote locations. The funding round was led by Founders Fund and included Lux Capital, Shield Capital, and 8090 Industries.
Browse Insights
Updated on: Dec 21, 2024

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