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Armored Things

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Aims to provide safety in schools, stadiums, and streets with a cyber-physical incident response platform for IoT devices and data

Boston, United StatesFounded 2016Security
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Armored Things and the history behind them.

About Armored Things

Armored Things, now rebranded as Lambent Spaces, is a software company specializing in smart space planning. Initially focused on crowd intelligence for security at large venues, the company has shifted its focus to occupancy analytics for space optimization. It serves clients such as corporate campuses and colleges.

The company's core product is an AI-powered platform that integrates with a client's existing hardware, like Wi-Fi and camera systems, to collect anonymized data on space usage. This data is then analyzed to provide insights into how and when different areas are used. The business model is likely a B2B SaaS model, where clients subscribe to the platform to access these analytics and insights.

The platform helps facility managers and decision-makers understand occupancy patterns, enabling them to optimize layouts, scheduling, and energy consumption, which can lead to cost savings and improved user experience. By providing real-time and historical data, it supports strategic decisions regarding real estate portfolios and workspace design.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Boston, United States
Employees
42
Open positions
None listed
Dealroom signal
82.5/100
Industry
Security, Enterprise Software
Sub-industry
Public safety
Sector
Security, Predictive Analytics, Core AI, Hard Tech, AI Applications, DT and LS
Technology
Artificial Intelligence, Big Data, Deep Tech, IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2021 $12M $48M Micromanagement Ventures · PBJ Capital · Gutbrain Ventures · Nimble Ventures —
SEED✓Equity / VC Jun 2020 $7M $28M MassVentures · Glasswing Ventures · Inovia Capital · Will Ventures —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Armored Things website traffic

Latest recorded traffic for Armored Things is 430 monthly website visits, up 2.4% over the last three months. Armored Things's team grew 0% over the past year.

Latest monthly visits430 3-month web change+2.4% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

Series A4 investors entered at this stage

  • Nimble Ventures
  • Micromanagement Ventures
  • PBJ Capital
  • Gutbrain Ventures

Other known investors3 additional known investors

Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States96.5%
🇬🇧 United Kingdom3.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Armored Things on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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