Armis, a cyber exposure management and security company, has secured $435 million in pre-IPO funding, raising its valuation to $6.1 billion. The round was led by Growth Equity at Goldman Sachs Alternatives, with CapitalG providing significant participation, and new investor Evolution Equity Partners joining alongside several existing investors. This investment follows a period of substantial growth for Armis.
The company recently surpassed $300 million in Annual Recurring Revenue (ARR), achieving over 50% growth. Armis collaborates with more than 40% of the Fortune 100, including seven of the Fortune 10, to protect organizations across various sectors such as manufacturing, airlines, financial services, healthcare, and government agencies globally.
Yevgeny Dibrov, CEO and Co-Founder of Armis, stated that the funding round signifies a critical juncture in the company’s efforts to establish a prominent cybersecurity firm. Dibrov emphasized that Armis’s growth demonstrates that organizations are adopting a unified, exposure-based security approach, and the investment reflects investor confidence in Armis’s leadership in the cybersecurity sector. He noted that the company’s core mission revolves around prioritizing its customers.
The new capital is intended to support Armis’s momentum as it executes its three-year plan, which includes a projection to reach $1 billion in ARR and preparations for an initial public offering. The funding will also facilitate ongoing product innovation, expansion of go-to-market strategies, and strategic acquisitions. Over the past two years, Armis has completed three mergers and acquisitions, enhancing its capabilities in cloud, artificial intelligence, and operational technology security. These acquisitions are already contributing millions in incremental revenue, and the company continues to explore additional opportunities for both organic and inorganic growth.
Irit Kahan, Managing Director in Growth Equity at Goldman Sachs Alternatives, described Armis as a differentiated cybersecurity platform with significant growth. Kahan believes the platform is redefining cyber exposure management by offering comprehensive and unified visibility, transforming blind spots into actionable intelligence. She acknowledged the strong founding team and customer-centric culture, highlighting the company’s success in partnering with major global enterprises and public sector organizations.
Derek Zanutto, General Partner at CapitalG, reiterated the firm’s increasing conviction in Armis’s technology, leadership, and potential since its initial investment in 2019. Zanutto anticipates Armis becoming a multi-generational cybersecurity leader and expressed continued partnership with the leadership team as they pursue the goal of $1 billion in ARR and a future IPO.
Founded in 2016, Armis focuses on securing the unseen connections that underpin modern society. It aims to protect the entire attack surface and manage cyber risk in real time for critical infrastructure worldwide. The Armis Centrix™ platform provides continuous visibility, intelligence, and control across diverse assets and environments, enabling organizations to anticipate threats and maintain the safety and resilience of essential services, economies, and daily life.
