Outtake, a digital trust platform designed to protect organizations from AI-driven impersonation threats, has raised $40 million in Series B funding. The round was led by ICONIQ, with participation from CRV, S32, and a notable group of technology and security executives investing as angels. These include Satya Nadella, CEO of Microsoft; Nikesh Arora, CEO of Palo Alto Networks; Bill Ackman, CEO of Pershing Square Holdings; Shyam Sankar, CTO of Palantir; Trae Stephens, Co-Founder of Anduril; Bob McGrew, Former VP of Research at OpenAI; Guillermo Rauch, CEO of Vercel; and John Donovan, Former CEO of AT&T.
The company plans to use the capital to build what it calls a unified platform for digital trust, addressing the growing challenge of identity-based attacks across the AI-native web. The funding will support team expansion, product development, and rising global demand for identity protection solutions.
Digital identity is facing an unprecedented threat. AI has fundamentally changed cybercrime by lowering both the cost and complexity of attacks. What previously required coordinated criminal groups and weeks of planning can now be executed by individuals in a matter of hours. This technological shift has allowed attackers to industrialize deception at scale, triggering a surge in identity-based abuse across every digital channel where organizations interact with the public.
The numbers tell a stark story. In 2024 alone, organizations saw a 703% increase in credential theft and a 250% jump in account takeovers. These attacks no longer happen in isolation—they're continuous, cross-channel campaigns. Yet most security teams are still responding with fragmented tools and manual workflows, leading to financial losses, reputational damage, and direct abuse of customers and employees.
The new capital will accelerate Outtake's growth across multiple fronts. The company intends to expand its team significantly, particularly in engineering, product, and go-to-market functions. Product development will focus on deepening platform capabilities to stay ahead of evolving threats. The funding will also help the company meet increasing global demand from enterprise customers looking for comprehensive identity protection.
Outtake aims to establish itself as the go-to platform enterprises rely on to establish and defend trust in an environment where AI has made deception disturbingly easy to execute. The company is positioning its solution as the alternative to piecemeal security tools that can't keep pace with modern, AI-enabled threat actors.
Outtake provides a single, unified protection layer across all digital identity surfaces. This allows security teams to detect, investigate, and disrupt identity-based threats as coordinated campaigns rather than disconnected incidents. The platform works closely with enterprises to design customized workflows that increase operational speed, accelerate investigation and prioritization, reduce time to takedown, and surface threats hidden within images, video, and complex online ecosystems.
"Security teams are being asked to defend trust everywhere their organization shows up online, while attackers move faster and operate across channels," said Alex Dhillon, Founder and CEO of Outtake. "We built Outtake because point solutions can't keep up with AI-driven deception. Enterprises are choosing a unified platform for digital trust, and this funding allows us to scale alongside customers as that shift accelerates."
Dhillon spent five years on Palantir's moonshot team, developing zero-to-one engineering projects for C-suite executives before founding Outtake. The company's team includes alumni from Palantir, SpaceX, and Notion, as well as repeat founders who have built and scaled category-defining companies.
Outtake is experiencing rapid adoption among enterprise security teams. The company saw 6x annual recurring revenue growth year-over-year, over 10x growth in enterprise customers year-over-year, and more than 250% growth in headcount year-over-year. This expansion has been driven primarily by investments in product, engineering, and go-to-market teams.
The platform is now trusted by Fortune 500 companies and critical institutions including OpenAI, Pershing Square, Fortescue, AppLovin, and federal agencies. In 2025, Outtake processed over 17 million alerts, completed more than 4 million investigations, and achieved a median takedown time of 18-36 hours per credible threat. This growth reflects a clear shift in how security leaders are prioritizing digital identity risk and a growing recognition that fragmented solutions are no longer sufficient in the age of AI-driven deception.
"At ICONIQ, we partner with founders building enduring platforms for some of the most critical challenges enterprises face," said Murali Joshi, General Partner at ICONIQ, who is joining Outtake's board. "Digital identity and trust are being fundamentally reshaped by AI, and we believe the team is ambitious and committed to addressing this problem. We are proud to partner with them as they continue to scale."
The participation of high-profile angel investors from Microsoft, Palo Alto Networks, Palantir, Anduril, OpenAI, and other major technology companies signals strong industry confidence in Outtake's approach. These executives bring not only capital but deep expertise in security, enterprise software, and scaling technology platforms.
Outtake was founded to address the new reality of AI-enabled cybercrime, where traditional security tools struggle to keep pace with increasingly sophisticated and automated attacks. The company operates on the premise that enterprises need a unified platform for digital trust rather than a collection of point solutions that leave gaps in protection.
