Consumer cybersecurity company Guardio has raised $40 million in funding at a $1.1 billion valuation, bringing its total funding to $167 million. The financing included an investment from Wiz Co-Founder and CEO Assaf Rappaport, along with existing investors ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, Cerca Partners and Emerge Ventures.
Guardio has reached more than one million paying customers and $150 million in annual recurring revenue after recording revenue growth of more than 100% annually for four consecutive years.
The company plans to use the new funding to expand and strengthen its suite of consumer cybersecurity products.
Guardio is positioning its platform around protecting individuals rather than individual devices as AI enables increasingly sophisticated phishing campaigns, impersonation scams, deepfake calls and attacks that span multiple channels.
Its technology monitors web activity, messages, email and calls and is designed to detect and block scams before a user interacts with malicious content.
Guardio also targets attacks that cross between devices, such as a fraudulent phone call that ultimately leads to malware being installed on a computer.
KEY QUOTES:
“Scammers stopped hacking computers years ago – they hack people, and with AI, it’s cheap and easy. Cybercrime is essentially democratized. Nobody is losing their savings to a virus. People are losing savings to a scam that AI wrote, voiced and dialed – while their antivirus reports that their laptop is perfectly clean. Consumer security has to be rebuilt around the person, not the device. That’s what one million people are already paying us for, and this round is a stepping stone to bring it to the tens of millions who are still protected by software built for a decade ago.”
Amos Peled, CEO and Co-Founder of Guardio
“Guardio has proven once again, and now at scale, that its DNA brings together three core elements that rarely coexist in one company: deep cybersecurity expertise, a consumer-first product mindset, and a best-in-class distribution machine. The results speak for themselves: four consecutive years of triple-digit growth, and >$150 million in ARR. Very few businesses in security run this well at this speed, and we are proud to double down on our investment in Guardio.”
Gilad Shany, Managing Partner at ION Crossover Partners
“Security wins when it deeply understands context. In the AI era, scams are more sophisticated and personal than ever and Guardio is bringing that depth of protection to the billions of people left to fend for themselves online. I’m thrilled to back this team as they make the world a bit safer.”
Assaf Rappaport, Co-Founder and CEO of Wiz
