Armilla Analysis: $5M Raised
What is Armilla?
Armilla offers AI risk assessment, verification, and insurance solutions to help businesses manage AI-related liabilities and enhance trust in AI technologies.
Employees
14
Founded
2020
Revenue
$0-5M
Company Stage
Seed
YC Batch
W22
Product Features & Capabilities
- Armilla Insured: liability coverage, financial damages coverage, legal defense coverage
- Armilla Guaranteed: model evaluation, performance validation, fairness validation, robustness validation
- Armilla Verified: third-party testing, red-teaming, AI solution assessment, risk management programs, mod
How much Armilla raised
1: - $4.5 million USD
February 16, 2024Lead Investor: Mistral Venture Partners and leading insurance providers
Who are the founders of Armilla
DA
Dan Adamson
Founder
KR
Karthik Ramakrishnan
Founder, President and Chief Business Officer
Investors
- Mistral Venture Partners
- MS&AD Ventures
- SixThirty Ventures
- Morgan Creek Digital
- Y Combinator
Company Pricing
- Custom Pricing: Tailored to the specific needs and scale of the enterprise.
- Services include AI verification and warranties.
- Coverage options for liability, financial damages, and legal defense through Armilla Insured.
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