Armory
San Francisco, United States
2023 Revenue
$9.4M(Est.)
Funding
$82M
Team
107
Founded
2016
Armory Revenue & Funding (2023)
Armory generated an estimated $9.4M in annual revenue in 2023. Source: GetLatka estimate
Armory is an enterprise software company commercializing the open-source continuous delivery platform, Spinnaker.
Last updated
Armory Revenue
In 2023, Armory's revenue reached $9.4M. The company previously reported $8M in 2021.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Armory Hit $9.4m revenue in December 2023 | Estimated |
| 2021 | Armory Hit $8m revenue in September 2021 | Not recorded |
| 2016 | Launched with $0 revenue |
Armory Valuation, Funding Rounds
Armory has not publicly disclosed its valuation. The company has raised $82M in total funding to date.
Armory has raised $82M in total funding across 4 rounds, most recently a $40M Series C round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Series C | $40M | - | - | Not recorded |
| 2019 | Series B | $28M | - | - | Not recorded |
| 2017 | Seed | $4M | - | - | Not recorded |
| 2015 | Series A | $10M | - | - | Not recorded |
Founder / CEO
Jim Douglas
CEO
Transformational B2B CEO with substantial global experience scaling businesses from start-up to Mid-Cap. Strong track record of delivering financial results, M&A, and fund raising (venture, public, debt). Builder of cohesive executive teams and winning corporate cultures.
Customers
We do not have customer count information for Armory yet.
Armory Employees & Team Size
Armory employs approximately 107 people as of 2026, down from 122 in 2022, including 11 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 107 employees (December 2023) | Not recorded |
| 2022 | Reached 122 employees (December 2022) | Not recorded |
| 2020 | Reached 120 employees (December 2020) | Not recorded |
| 2020 | Reached 119 employees (June 2020) | Not recorded |
| 2019 | Reached 86 employees (December 2019) | Not recorded |
Frequently Asked Questions about Armory
Is Armory still an independent company?
No. Armory was acquired by Acquired by Harness.
What is Armory's revenue?
As of 2023, Armory generated an estimated $9.4M in annual revenue.
Who founded Armory?
Armory was founded by Jim Douglas.
How much funding does Armory have?
Armory raised $82M across 4 rounds.
How many employees does Armory have?
As of 2023, Armory had 107 employees.
Where is Armory headquartered?
Armory is headquartered in San Francisco, United States.
Compare Armory to the industry
Armory operates across multiple industries. Browse revenue, funding, and growth data for Armory in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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