Outtake, a digital trust platform designed to protect organizations from AI-driven impersonation and identity-based abuse, has raised $40 million in a Series B funding round led by ICONIQ. The round also included participation from CRV, S32, and a group of technology and security executives investing as angel backers, including Satya Nadella, Nikesh Arora, Bill Ackman, Shyam Sankar, Trae Stephens, Bob McGrew, Guillermo Rauch, and John Donovan.
The company is positioning its platform as a single protection layer across digital identity surfaces, aiming to help security teams detect, investigate, and disrupt identity-based threats as coordinated campaigns rather than isolated incidents. Outtake says the rapid improvement and accessibility of AI tools have lowered the cost and complexity of cybercrime, enabling attackers to scale deception across the digital channels where organizations interact with customers, employees, and the public.
Outtake cited a sharp rise in identity-related attacks, saying organizations in 2024 saw a 703% increase in credential theft and a 250% surge in account takeovers. The company argues that security teams are often forced to respond with fragmented tools and manual workflows, which can slow investigations and takedowns and increase financial and reputational risk.
Outtake says its platform is built to unify investigation and response workflows, accelerate prioritization, reduce time to takedown, and surface threats embedded in images, video, and more complex online ecosystems. The company also emphasizes close collaboration with enterprise customers to design tailored workflows intended to increase operational velocity for security teams.
Founder and CEO Alex Dhillon previously spent five years on Palantir’s moonshot team building zero-to-one engineering projects for C-suite executives, according to the announcement. Outtake says its broader team includes alumni from Palantir, SpaceX, and Notion, as well as repeat founders.
Outtake reported strong recent operating metrics, including 6x year-over-year ARR growth, more than 10x year-over-year growth in enterprise customers, and 250%+ year-over-year headcount growth, driven primarily by hiring across product, engineering, and go-to-market functions. The company said that in 2025, it processed more than 17 million alerts, completed more than 4 million investigations, and achieved a median takedown time of 18 to 36 hours per credible threat.
The company says it is trusted by Fortune 500 companies and institutions, including OpenAI, Pershing Square, Fortescue, AppLovin, and federal agencies. ICONIQ General Partner Murali Joshi is joining Outtake’s board as part of the financing.
Outtake said it will use the new capital to expand its team across engineering, product, and go-to-market, deepen platform capabilities, and support growing global demand.
KEY QUOTES
“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.”
“Security teams are being asked to defend trust everywhere their organization shows up online, while attackers move faster and operate across channels. 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.”
Alex Dhillon, Founder and CEO, Outtake
“At ICONIQ, we partner with founders building enduring platforms for some of the most critical challenges enterprises face. 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.”
Murali Joshi, General Partner, ICONIQ
