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Company pair · Security

Armis vs Dragos: Valuation, Funding, Trajectory

Security Armis acquired Dragos private US-headquartered No Canborsa market

This comparison puts Armis next to Dragos within security on size, funding and trajectory.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

ArmisACQUIRED · US

DragosPRIVATE · US

Last valuation$7.75B$1.7B

Basis Acquisition Post-money

As ofDec 2025Oct 2021

Founded20162016

Employees≈250≈679

On CanborsaNo marketNo market

At a glance

$7.75B

ArmisAcquisition, Acquisition by ServiceNow · Dec 2025

$1.7B

DragosPost-money, Series D · Oct 2021

An acquisition mark and a going-concern print stay on separate scales

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Armis vs Dragos — side by side

Field

ArmisACQUIRED · FOUNDED 2016

DragosPRIVATE · FOUNDED 2016

Last valuation

$7.75B Acquisition

$1.7B Post-money

Valuation date

22 Dec 2025

28 Oct 2021

Valuation basis

Acquisition

Post-money

Latest round

Acquisition by ServiceNow

Series D

Round size

$7.75B

$200M

Round lead

ServiceNow

Koch Disruptive Technologies, BlackRock

Named investors

Goldman Sachs Growth Equity CapitalG Evolution Equity Partners General Catalyst

Founded

2016

Employees (est.)

≈250

≈679

Sector & HQ

Cybersecurity · 🇺🇸 US

Industrial (OT) cybersecurity · 🇺🇸 US

Status & market

Acquired — no Canborsa market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $7.75B for Armis (acquisition, Dec 2025) and $1.7B for Dragos (post-money, Oct 2021).

Armis

$7.75BAcquisition · Dec 2025

Dragos

$1.7BPost-money · Oct 2021

ARMIS · $7.75B · DEC 2025DRAGOS · $1.7B · OCT 2021

Armis vs Dragos · what each company discloses

What each company discloses, and what it leaves out

ArmisACQUIREDSecurity · US · 2016

+Last disclosed mark $7.75B — acquisition, Dec 2025.

+Founded 2016 .

+≈250 employees.

+Latest round: Acquisition by ServiceNow, $7.75B raised, led by ServiceNow.

DragosPRIVATESecurity · US · 2016

+Last disclosed mark $1.7B — post-money, Oct 2021.

+Founded 2016 .

+≈679 employees.

+Latest round: Series D, $200M raised, led by Koch Disruptive Technologies.

Verdict

Verdict

The $7.75B tells you…

The price set for the company in an acquisition.

An acquisition price is set in a negotiated transaction on its own date.

It stays fixed from that date onward.

The $1.7B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$200M, led by Koch Disruptive Technologies in Oct 2021.

A dated print: it moves only when a newer round is announced.

A acquisition print and a post-money print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.