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Company pair · Security

Armis vs Panther Labs, Inc.: Valuation, Funding, Trajectory

Security Armis acquired Panther Labs, Inc. private US-headquartered No Canborsa market

This comparison puts Armis next to Panther Labs, Inc. within security on size, funding and trajectory.

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

ArmisACQUIRED · US

Panther Labs, Inc.PRIVATE · US

Last valuation$7.75B$1.4B

Basis Acquisition Post-money

As ofDec 2025Dec 2021

Founded20162018

Employees≈250≈80

On CanborsaNo marketNo market

At a glance

$7.75B

ArmisAcquisition, Acquisition by ServiceNow · Dec 2025

$1.4B

Panther Labs, Inc.Post-money, Series B · Dec 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 Panther Labs, Inc. — side by side

Field

ArmisACQUIRED · FOUNDED 2016

Panther Labs, Inc.PRIVATE · FOUNDED 2018

Last valuation

$7.75B Acquisition

$1.4B Post-money

Valuation date

22 Dec 2025

2 Dec 2021

Valuation basis

Acquisition

Post-money

Latest round

Acquisition by ServiceNow

Series B

Round size

$7.75B

$120M

Round lead

ServiceNow

Coatue

Named investors

Goldman Sachs Growth Equity CapitalG Evolution Equity Partners General Catalyst

Coatue ICONIQ Growth Snowflake Ventures Lightspeed Venture Partners

Founded

2016

2018

Employees (est.)

≈250

≈80

Sector & HQ

Cybersecurity · 🇺🇸 US

Cloud security / security analytics · 🇺🇸 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 $1.4B for Panther Labs, Inc. (post-money, Dec 2021).

Armis

$7.75BAcquisition · Dec 2025

Panther Labs, Inc.

$1.4BPost-money · Dec 2021

ARMIS · $7.75B · DEC 2025PANTHER LABS, INC. · $1.4B · DEC 2021

Armis vs Panther Labs, Inc. · 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.

Panther Labs, Inc.PRIVATESecurity · US · 2018

+Last disclosed mark $1.4B — post-money, Dec 2021.

+Founded 2018 .

+≈80 employees.

+Latest round: Series B, $120M raised, led by Coatue.

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 $1.4B tells you…

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

How much capital arrived with it:$120M, led by Coatue in Dec 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.