Armis Funding: How Much Did They Raise & Key Investors

How Much Did Armis Raise?
Funding & Key Investors

Armis has secured a significant enterprise-level funding round, with the total capital raised standing at $69.8M. This latest financing event, a major strategic investment totaling $65M, underscores the company's robust growth trajectory and market position. The recent funding date of April 12, 2019, marks a key milestone in Armis's development.

What is Armis?

Armis

Business Services

Software Testing

Advertising Networks

Founded in 2015, Armis is at the forefront of digitalizing local advertising for physical retailers. The company's innovative 'Multilocal Advertising' technology leverages geolocation, programmatic advertising, big data, and machine learning to enhance in-store traffic for brick-and-mortar businesses. Armis aims to empower these retailers to compete more effectively against online giants by attracting nearby consumers through targeted digital advertising solutions.

How much funding has Armis raised?

Armis has raised a total of $69.8M across 2 funding rounds:

2018

Series A

$4.8M

2019

Series C

$65M

Series A (2018): $4.8M, investors not publicly disclosed

Series C (2019): $65M, investors not publicly disclosed

What's next for Armis?

The substantial enterprise-level capital infusion positions Armis for accelerated scaling and further technological development. This strategic backing is expected to fuel expansion into new markets and enhance its proprietary advertising platform. Armis is poised to solidify its leadership in the retail advertising technology sector, driving innovation in how physical stores connect with local customers in the digital age.

See full Armis company page

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