Armada was founded in 2015 and is based in Santa Clara, CA. The company has not publicly endorsed a plan to pursue an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Armada Aeronautics develops modern transportation solutions for a world where cities are routinely paralyzed by traffic — a problem that is only getting worse as the number of cars on the road continues to increase. The company's software based solutions are designed for modern infrastructure and are environmentally friendly. Armada has raised more than $4 million in venture capital across 9 rounds of funding, most recently in a 2021 Seed round that brought in $750 thousand from investors such as Jack Chitayat, Impact Venture Capital, Draper Associates, and Andreas Mihalovits. The company has declined to disclose their revenue and valuation in SEC documents.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/22/2021 | Series Seed-3 | $790,503.00 | $xx.xx | $2.74B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
143,540
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/30/2020 | Series Seed-2 | $1.78MM | $xx.xx | $1.08B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
819,419
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/30/2018 | Series Seed-1 | $1.5MM | $xx.xx | $1.02B | Draper Associates | |
Price per Share
$xx.xx
Shares Outstanding
728,367
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Draper Associates
|
||||||
04/30/2017 | Series Seed | $300,000.00 | $xx.xx | $221.34MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
674,424
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|