ArmorCode Raises $16 Million for Exposure Management Platform

The company will accelerate platform development, expand go-to-market efforts, and invest in product innovation.

Published on Mar. 6, 2026

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Unified exposure management firm ArmorCode has raised $16 million in a strategic funding round, bringing the total raised by the company to $81 million. The new investment round was led by Cheyenne Ventures, with additional support from several other venture capital firms. ArmorCode's platform unifies exposure management, prioritizes and drives remediation across enterprise environments, helping businesses adopt AI.

Why it matters

As organizations increasingly deploy AI across their operations, they need unified exposure management solutions to mitigate risks across applications, infrastructure, and AI systems. ArmorCode is positioning itself as a key player in providing this control plane for enterprise AI adoption.

The details

ArmorCode has built an agentic AI platform that provides organizations with a unified view over AI agents, MCP servers, and shadow AI apps. The solution covers applications, cloud services, infrastructure, and AI systems, combining fragmented data into a single view and offering actionable risk reduction capabilities. The fresh investment will be used to accelerate platform development, expand go-to-market efforts, and drive product innovation, including expanding AI Exposure Management (AIEM) capabilities, adding autonomous, multi-step security workflows and expanded MCP server support, and growing the dedicated customer success organization.

  • ArmorCode was founded in 2020.
  • The company has now raised a total of $81 million in funding.

The players

ArmorCode

A unified exposure management firm that has built an agentic AI platform to provide organizations with a unified view over AI agents, MCP servers, and shadow AI apps.

Cheyenne Ventures

The venture capital firm that led ArmorCode's latest $16 million funding round.

Phil Venables

The newly appointed member of ArmorCode's Board of Directors.

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What they’re saying

“ArmorCode is uniquely positioned to navigate the intersection of AI innovation and enterprise risk. As organizations deploy AI across their operations, they need unified exposure management to mitigate risks across applications, infrastructure, and AI systems. ArmorCode is building that control plane.”

— Phil Venables

The takeaway

ArmorCode's platform is addressing a critical need for enterprises as they increasingly adopt AI across their operations, providing a unified view and risk management capabilities to help mitigate the exposure and security challenges that come with enterprise-wide AI deployment.