Armada (Commercial Products)

Other Commercial Products · San Francisco, CA · Founded 2022 · Privately Held (backing)

Developer of an edge computing platform designed to revolutionize connectivity, computing, and artificial intelligence tools. Armada (Commercial Products) is based in San Francisco, CA and was founded in 2022. It was valued at $2.3 billion at its Series B in May 2026, the last priced event on record. It has raised $226 million across 6 recorded rounds; the latest was a $230 million Series B in May 2026.

PMV mark · valuation
$2.3B
Oct 2026
Priced at
its Series B
May 2026
Total raised
$226.0M
Last round
Early Stage VC (Series B)
May 2026
What is Armada (Commercial Products) worth?
$2.3BPrivateMarketView mark · Oct 2026

Valued at $2.3B at its Series B, May 2026. Nothing has traded since.

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Valuation timeline

5 priced rounds · 32 daily marks since · Jan 2023 – Oct 2026
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Seed Roundrounds hold their value until the next priced eventMark, today
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Armada (Commercial Products) funding history

6 rounds
DateRoundRaisedPost-money
May 2026Early Stage VC (Series B)$230.0M▮
Jul 2025Early Stage VC (Series B2)$131.0M▮
Sep 2024Accelerator/Incubator—▮
Aug 2024Early Stage VC (Series B1)$40.0M▮
Dec 2023Early Stage VC (Series A)$40.0M▮
Jan 2023Seed Round$15.0M▮
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Armada (Commercial Products) valuation

Armada (Commercial Products) was valued at $2.3 billion at its Series B in May 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Armada (Commercial Products) raised?

Armada (Commercial Products) has raised $226 million across 6 recorded rounds since 2023. The largest was a $40 million Series B1 in Aug 2024; the most recent was a $230 million Series B in May 2026. 5 of the rounds disclosed a post-money valuation.

Comparable companies

Comparable other commercial products names by valuation on PrivateMarketView: NanoH2O ($146 million), Pixcel (Commercial Products) ($40 million) and Evodia ($25.3 million).

How Armada (Commercial Products)'s valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Armada (Commercial Products), the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Armada (Commercial Products)

What is Armada (Commercial Products) worth?
Armada (Commercial Products) is valued at $2.3B as of Oct 2026. Valued at $2.3B at its Series B, May 2026. Nothing has traded since.
How much has Armada (Commercial Products) raised?
Armada (Commercial Products) has raised $226.0M in total funding across 6 recorded rounds.
When did Armada (Commercial Products) last raise?
Armada (Commercial Products) last raised in May 2026 (Early Stage VC (Series B)), raising $230.0M.