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Company

Armilla

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 85 out of 100

Armilla AI is a Lloyd’s-backed managing general agent (MGA) and recognized pioneer of underwriting and insurance solutions for artificial intelligence.

Also known as Armilla AI

  • Insurance
  • AI native
Status
Operatingas of 2026-09-19
Business model
B2B
Headquarters
Toronto, Ontario, Canada
Founded
2020
Customers
enterprises and AI vendors
Legal name
Armilla AI
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Record updated 28 September 2026

About

Backed by A-rated global insurers including Chaucer Group, Axis Capital, Convex, Swiss Re, and Greenlight Re, Armilla offers affirmative AI liability coverage, AI performance warranties, and AI model risk assessments, helping enterprises and AI vendors to deploy AI with confidence.

Funding snapshot

Total raised
$3.6MSEC form D sum, as of 2026-09-28Source (opens in a new tab)
Latest round
Round, $1.3M2025-06-06

Funding rounds

Round, 2025
$1.3M2025-06-06, SEC form D sold, 4 investors
Round, 2023
$2.3M2023-12-22, SEC form D sold, 9 investors
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