Outtake, a digital trust platform specializing in the protection against AI-driven impersonation, announced it has raised $40 million in Series B funding, led by ICONIQ, with participation from CRV, S32, and several technology and security executives.
Notable angel investors in the round 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. This funding aims to accelerate Outtake’s mission to become the unified platform enterprises rely on to establish and defend trust across the AI-native web.
Digital identity is currently experiencing rapid erosion as AI significantly reduces the cost and complexity associated with cybercrime. Actions that previously required coordinated criminal groups and weeks of preparation can now be executed by individuals in a matter of hours. This AI-driven industrialization of deception has led to a surge in identity-based abuse across all digital channels where organizations engage with the public. In 2024 alone, organizations reported a 703% increase in credential theft and a 250% surge in account takeovers. These attacks are no longer isolated incidents but continuous, cross-channel campaigns, yet many security teams continue to respond using fragmented tools and manual workflows, leading to financial losses, reputational damage, and targeted abuse of customers and employees.
Outtake was developed to address these new realities. The company provides a single, unified protection layer across all digital identity surfaces, enabling security teams to detect, investigate, and disrupt identity-based threats as coordinated campaigns rather than disconnected incidents. Outtake collaborates with enterprises to design tailored workflows that enhance operational velocity, accelerate investigation and prioritization, reduce time to takedown, and uncover threats hidden within images, video, and complex online ecosystems.
Alex Dhillon, Founder and CEO of Outtake, stated, “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 previously spent five years on Palantir’s moonshot team, developing zero-to-one engineering projects for C-suite executives. The Outtake team includes alumni from Palantir, SpaceX, Notion, and repeat founders with experience scaling category-defining companies.
Outtake has observed rapid adoption by enterprise security teams, demonstrating accelerating momentum with 6x year-over-year (YoY) ARR growth, over 10x YoY growth in enterprise customers, and 250%+ YoY growth in headcount, primarily across product, engineering, and go-to-market teams. The platform is currently trusted by Fortune 500 companies and critical institutions such as OpenAI, Pershing Square, Fortescue, AppLovin, and federal agencies. In 2025, the company processed more than 17 million alerts, completed over 4 million investigations, and achieved a median takedown time of 18-36 hours per credible threat. This growth signifies a clear shift in how security leaders are prioritizing digital identity risk and a growing recognition that point solutions are no longer adequate against 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 will join 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 new funding will support Outtake in expanding its engineering, product, and go-to-market teams, deepening its platform capabilities, and meeting growing global demand.
