CISO Tribune

Vendor comparison · 2 companies

Armadin vs NetSPI

Armadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface. NetSPI sells pentesting as a service (PTaaS), attack surface management (ASM), and breach and attack simulation (BAS) as a service. CISO Tribune files both under Breach simulation and automated pen-testing. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Armadin
  • NetSPI
Armadin vs NetSPI: Products, Customers and Funding Compared
ArmadinArmadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface.armadin.comNetSPINetSPI sells pentesting as a service (PTaaS), attack surface management (ASM), and breach and attack simulation (BAS) as a service.netspi.com
What it sells
  • The Ultimate Attacker[1][5]Armadin built the Ultimate Attacker to expose hidden risk before it becomes an adversarial opportunity.
  • Armadin Red[3]AI inference workloads are delivered through Armadin Red.
  • AI/ML Pentesting[3]Pentesting of AI and ML systems that includes LLM testing and jailbreaking.
  • Red Team Operations[6]Red team exercises that test security controls, policies, incident response and training.
  • Detective Controls Testing[7]Attack simulations that validate whether security tools detect threats.
  • Social Engineering[6]Email, text, phone and physical social engineering assessments.
Categories
Headquarters
Not stated on its pagesNot stated on its pages
Founded
Not stated on its pagesNot stated on its pages
Ownership and funding
Not stated on its pagesNot stated on its pages
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • October 1, 2026Armadin raised an additional $255.5 million in Series B funding, bringing its total funding to $445 million.[7]
  • March 10, 2026Armadin announced that it raised $189.9 million in Seed and Series A funding.[6]
Not stated on its pages
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Armadin describes its platform as architected to operate across global environments. Its data agreements include jurisdiction-specific terms for customers in regions such as the EEA, UK, Switzerland, Canada and Australia. Armadin's engineering team builds enterprise security products.Not written yet
Last verified
November 9, 2026November 13, 2026

Where they overlap

  • Armadin and NetSPI are both filed under Breach simulation and automated pen-testing.

Where they differ, field by field

  • Armadin's primary category is Breach simulation and automated pen-testing; NetSPI's is Penetration testing and red team services.
  • NetSPI is also filed under External attack surface management and Exposure prioritisation and CTEM.
  • Armadin lists The Ultimate Attacker and Armadin Red. NetSPI lists AI/ML Pentesting, Red Team Operations, Detective Controls Testing and Social Engineering.

What it sells: NetSPI

What AI/ML Pentesting does[3]
NetSPI's AI/ML Pentesting includes expert LLM testing and jailbreaking. Microsoft partnered with NetSPI to build a standardized AI security testing framework for its 70+ products.
What Red Team Operations does[6]
NetSPI's Red Team Operations test security controls, policies, incident response and training. NetSPI partners with selected threat intelligence providers to test the resiliency of critical systems.
What Detective Controls Testing does[7]
NetSPI Detective Controls Testing validates that security tools operate effectively across endpoint security solutions, network security solutions, SIEMs and MSSPs. NetSPI's ransomware simulation pack covers TTPs and behaviors from real-world ransomware campaigns.
What Social Engineering does[6]
NetSPI's social engineering experts deliver findings from email, text, phone and physical scenarios. NetSPI runs custom phishing engagements to identify gaps in security procedures and technical controls.

Questions about Armadin and NetSPI

What do Armadin and NetSPI sell?
Armadin sells The Ultimate Attacker and Armadin Red. NetSPI sells AI/ML Pentesting, Red Team Operations, Detective Controls Testing and Social Engineering.
Are Armadin and NetSPI in the same category?
They share Breach simulation and automated pen-testing. Armadin's primary category is Breach simulation and automated pen-testing and NetSPI's is Penetration testing and red team services.
Who are Armadin and NetSPI sold to?
Armadin describes its platform as architected to operate across global environments.
What have Armadin and NetSPI announced recently?
October 1, 2026: Armadin raised an additional $255.5 million in Series B funding, bringing its total funding to $445 million.

About Armadin

Armadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface. Armadin combines red team expertise with autonomous AI-driven attacker swarms to uncover real paths to compromise and to prioritize remediation.[4][5]

Armadin's platform charts the attack surface, enumerates hosts, profiles people and analyzes defenses. Armadin's attacker probes in parallel, swarming weak points and learning from each attempt.[4]

Armadin builds seasoned red team methodology into autonomous agents that model real attacker behavior. Armadin's platform has guardrails for controlled execution and scoped impact. Every validated kill chain in Armadin's platform comes with prioritized guidance. Armadin's platform is architected to operate across global environments.[4]

Armadin's team includes red teamers, AI builders and cybersecurity pioneers.

Travis is a founder and Chief Technology Officer at Armadin and leads the company's product and engineering efforts. David is responsible for defining Armadin's AI-driven architecture. Vasu leads Armadin's strategy, strategic partnerships, marketing, communications, customer success and corporate development initiatives. Frank serves as Chief Financial Officer of Armadin. Chinmaya leads Armadin's engineering team, and Greg is responsible for Armadin's product portfolio.

George Kurtz, the CEO and founder of CrowdStrike, joined the Armadin Board in 2026. Retired General Paul M. Nakasone, the former Director of the NSA, joined the Armadin Board in 2026. Ping Li, a partner at venture capital firm Accel, joined the Armadin Board in 2026. Jake Seid, co-founder of Ballistic Ventures, led Armadin's seed round and joined the Armadin Board in 2026.

Armadin has a Data Processing Agreement that governs how Armadin processes personal information on behalf of its customers. Armadin has a July 2026 cross-border data transfer framework for customer personal data. Armadin, Inc. has an End User License Agreement for its services. Armadin had an independent third-party penetration test conducted in 2026.[1][4][5]

Armadin on the record

Sources

Armadin full record

  1. [1]armadin.comArmadin · armadin.com · undated page, accessed October 7, 2026 · Tier A
  2. [2]Expert AI Cybersecurity & Cyber Defense Company | ArmadinArmadin · undated page, accessed October 7, 2026 · Tier A
  3. [3]Trust Center - ArmadinArmadin · undated page, accessed October 31, 2026 · Tier A
  4. [4]AI Cybersecurity Platform | Armadin Enterprise Grade TechnologyArmadin · undated page, accessed October 31, 2026 · Tier A
  5. [5]Armadin: AI-native cybersecurity platformArmadin · undated page, accessed October 31, 2026 · Tier A
  6. [6]Armadin Secures Record-Breaking $189.9M in Seed and Series A Funding to Combat the Era of AI-Driven HyperattacksArmadin · published March 10, 2026 · Tier A
  7. [7]Investors Back Armadin Platform Strategy with New Round of FundingArmadin · published October 1, 2026 · Tier A

NetSPI full record

  1. [1]netspi.comNetSPI · netspi.com · undated page, accessed November 13, 2026 · Tier A
  2. [2]About Us - NetSPINetSPI · undated page, accessed November 13, 2026 · Tier A
  3. [3]NetSPI - Proactive Cyber Security | PTaaS, ASM, BASNetSPI · undated page, accessed November 13, 2026 · Tier A
  4. [4]The NetSPI Platform - NetSPINetSPI · undated page, accessed November 13, 2026 · Tier A
  5. [5]Customer Stories - NetSPINetSPI · undated page, accessed November 13, 2026 · Tier A
  6. [6]Cyber Security Assessments & Strategic Advisory Services - NetSPINetSPI · undated page, accessed November 13, 2026 · Tier A
  7. [7]Detective Controls Testing: Attack Simulation & Control ValidationNetSPI · undated page, accessed November 13, 2026 · Tier A
  8. [8]Model Context Protocol - NetSPINetSPI · undated page, accessed November 13, 2026 · Tier A
  9. [9]NetSPI Customer Case Study – ChubbNetSPI · undated page, accessed November 13, 2026 · Tier A

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