The Canadian AI Index

Companies / Armilla AI

Armilla AI

AI model risk assessment and performance warranties.

armilla.ai
HQ
Toronto, ON
Category
Enterprise SaaS AI
Status
Active
Disclosed raised
C$9.5M

Funding history

RoundDateAmountInvestors
GrantDec 17, 2025 C$1.6MFedDev Ontario (lead). FedDev Ontario RAII; AI model security assessment suite
Bridge/ExtensionFeb 15, 2024 US$4.5MMistral Venture Partners and Morgan Creek Digital (co-leads); MS&AD Ventures, SixThirty Ventures, Y Combinator, Greenlight Re, Chaucer. Seed extension; US$4.5M (C$6M per BetaKit); co-led by Mistral Venture Partners and Morgan Creek Digital with MS&AD Ventures, SixThirty Ventures and Y Combinator; insurers Greenlight Re and Chaucer participated; all-equity, closed Dec 2023.
SeedOct 21, 2021 C$1.5MSpearhead, C2 Ventures. Launch round; Spearhead and C2 Ventures participated, no lead named; Yoshua Bengio and Apstat partners Nicolas Chapados and Jean-François Gagné among angels; currency unstated, recorded as CAD.

Founders

Sources

Data as of September 26, 2026. Suggest a correction