About Armory
Armory is a Financial Services company based in Baltimore (United States) founded in 2011. Open-source Bitcoin wallet management platform is provided for secure usage. It operates on a Freemium and Professional Services model in Financial Services and Technology sectors. Armory has raised $600 thousand across 1 funding round. Armory offers products and services including Armory Wallet and Enterprise Consulting. Its focus areas include Cryptocurrency and Bitcoin Wallet Solutions. Its legal entity is Armory Technologies, Inc. Its competitors include Ethos.io, Bitski and Lit Protocol; 2 of its 3 listed competitors have raised funding.
Company details
Armory is focused on delivering advanced Bitcoin wallet solutions with an emphasis on security through cold storage and multi-signature support. Services are extended to both individual users and institutions for generating and storing Bitcoin private keys. The platform is designed to be open-source, catering to developers for building Bitcoin applications such as exchanges and crowdfunding platforms. Additionally, enterprise consulting is provided to assist large holders like exchanges and hedge funds in managing significant Bitcoin balances. Security practices are prioritized to ensure protection against theft, even in scenarios of physical access to offline systems.
- Headquarters Baltimore, United States
- SectorsFinancial ServicesTechnology
- Website bitcoinarmory.com
- Social LinkedIn X
- Legal Name Armory Technologies, Inc.
- Total Equity Funding$600K (USD)
in 1 rounds
- Latest Funding Round$600K (USD), Seed
Sep 2013
Products & Services of Armory
Armory offers a comprehensive portfolio of products and services, including Armory Wallet and Enterprise Consulting.
Secure Bitcoin wallet with cold storage support provided.
Consulting for managing large Bitcoin balances offered.
Funding Insights of Armory
Armory has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in September 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $600,000
- Total Rounds 1
- Last Round Seed — $600,000
- First Round $600,000
(Sep 2013)
All 1 funding rounds of Armory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $600,000 | Seed | – | – | – |
People of Armory
1 people are tracked at Armory (1 in leadership).
| Name | Role | Group |
|---|---|---|
Alan Reiner | Founder & CEO | Leadership |
Complete people profiles for Armory
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Armory
2 dated milestones of Armory across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Armory is founded.
- Funding First funding round of $600K.
Competitors of Armory
Armory has 3 listed competitors in our database, 2 of them funded. They include Ethos.io, Bitski and Lit Protocol.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ethos.io | 2017 | Reno, United States | Blockchain protocols and financial systems are bridged by Ethos.io's platform. | |||
| bitski.com | 2008 | San Francisco, United States | $26.98M | 26 | A cold wallet for managing cryptocurrencies and collectibles is provided. | |
| litprotocol.com | 2021 | San Francisco, United States | $15.2M | Blockchain-based network for decentralized composability and encryption |
Detailed competitors of Armory
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Armory
The website of Armory (bitcoinarmory.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 41.9% vs previous month
Websites whose visitors overlap most with Armory. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bitcoin.stackexchange.com | bitcoin.stackexchange.com | 100% | – | ||
bitcointrezor.com | bitcointrezor.com | 95% | – | ||
| multibit.org | 87% | View details | |||
bitaddress.org | bitaddress.org | 73% | #745,649 | – | |
| bitstamp.net | 73% | 672.4K | #65,464 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Armory
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Armory (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Frequently Asked Questions about Armory
Armory was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Armory is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Armory is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Sep 2013.
Armory is focused on delivering advanced Bitcoin wallet solutions with an emphasis on security through cold storage and multi-signature support. Services are extended to both individual users and institutions for generating and storing Bitcoin private keys. The platform is designed to be open-source, catering to developers for building Bitcoin applications such as exchanges and crowdfunding platforms. Additionally, enterprise consulting is provided to assist large holders like exchanges and hedge funds in managing significant Bitcoin balances. Security practices are prioritized to ensure protection against theft, even in scenarios of physical access to offline systems.
Armory's top competitors include Ethos.io, Bitski and Lit Protocol.
Armory offers Armory Wallet and Enterprise Consulting.
Armory operates through Armory Technologies, Inc..