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Armilla AI

Armilla AI

Private
TorontoEnterprise Softwarehttps://www.armilla.ai/

Last Round

Seed

Feb 15, 2024

Total Funding Raised

$6M

Company Overview

Armilla AI is an insurtech company that provides AI risk mitigation, assessment, and warranty solutions for enterprises and AI vendors.

Sector

Enterprise Software

Verticals

InsurTech, Compliance & Risk, RegTech

Business Model

B2B

Customer Profile

Services & Consulting, Revenue Share

AI Layer

Infrastructure

Keywords

AI insuranceAI risk assessmentAI liability insuranceAI performance warrantyAI red-teamingAI complianceinsurtechmanaging general agentMGAalgorithmic biasAI governanceAI safetyregtechAI auditAI trustAI guardrails

Historical Pricing

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Caplight Momentum Score

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Armilla AI Comparables

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Armilla AI comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Artificial Intelligence Underwriting Company
87%
Klaimee
82%
Mount
80%

Armilla AI Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 15, 2024
Pre SeedOct 21, 2021

Key People

Founding team and executive leadership

Baiju Devani

Chief Technology Product Officer, Cofounder

Founding Team

Karthik Ramakrishnan

CEO And Cofounder, Cofounder And Chief Product Officer

Founding Team

Armilla AI Investors

Notable investors and investment history

Armilla AI investors
InvestorRounds
MS&AD VenturesSeed
SixThirty VenturesSeed
Mistral Venture PartnersSeed
C2 VenturesPre Seed
SpearheadPre Seed
Two Small Fish VenturesPre Seed
Y CombinatorSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 20, 2025

    Delivers insurance-backed AI Performance Warranty for credit union lending.

  • Oct 16, 2025

    Launched new products at ITC Vegas 2025, the insurance industry's leading innovation conference.

Armilla AI Filings

SEC and related filings with document metadata.

Data table
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Armilla AI Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersToronto
Employee Range19
Year Founded2020
Last FundingFeb 15, 2024

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