Outtake Secures $40 Million in Series B Funding

Outtake, a cybersecurity startup launched in 2023 by former Palantir engineer Alex Dhillon, has successfully raised $40 million in its Series B funding round.

This innovative company specializes in developing an AI-driven system that employs software agents to identify and eliminate a variety of identity threats. These threats encompass issues like impersonation accounts, spoofed domains, malicious browser extensions, and fraudulent advertisements.

This funding round was spearheaded by Iconiq’s Murali Joshi, who will also become a member of the company’s board.

Other notable participants include Microsoft CEO Satya Nadella, Palantir CTO Shyam Sankar, Pershing Square CEO Bill Ackman, Palo Alto Networks CEO Nikesh Arora, Anduril co-founder Trae Stephens, alongside executives from OpenAI, Vercel, and AT&T.

Reported clients consist of prestigious names like OpenAI, AppLovin, and multiple U.S. federal agencies.

Why It Matters: The rising prevalence of AI in online fraud and impersonation underscores the urgent need for automated threat detection tools. Outtake stands out among several companies dedicated to minimizing reliance on human analysts for spotting and managing these threats.

• Funding Round with Cross-Sector Participation: This $40 million round attracted investors from various sectors including enterprise software, cybersecurity, venture capital, and finance. Murali Joshi from Iconiq, who has also supported companies like Anthropic and Datadog, led the funding and will take a seat on Outtake’s board. He highlighted product uniqueness and market potential as key reasons for the investment. Other supporters, including Microsoft CEO Satya Nadella, contributed personally rather than through their respective organizations.

• Automated Threat Detection Technology: Outtake’s product harnesses autonomous agents to detect and eliminate online identity threats without necessitating human intervention. The system continuously monitors digital impersonation and initiates takedown through integrated enforcement channels. This innovative approach aims to minimize the manual workflows that are still prevalent in brand protection and digital risk teams, where human review often slows response times. By automating detection and removal, the platform aspires to enhance quick and consistent responses across vast digital assets.

• Reported Performance and Usage Metrics: Company data indicates significant growth in annual recurring revenue over the last year, marked by an increase in enterprise customer adoption. Additionally, in 2025, the system monitored around 20 million potential cyberattacks, according to internal reports. These figures lack audited financial statements, and the company has yet to disclose its current valuation or reference any independent performance evaluations.

• Background of Founding Team and Investor Network: Founder Alex Dhillon spent nearly five years at Palantir, where he contributed to internal AI product development teams. Many current investors were introduced via his professional network, particularly those with past experiences at Palantir or ties to security startups. This early access to funding and mentorship played a pivotal role in shaping Outtake’s trajectory.

• Deployment and Hiring Plans: Outtake currently employs 35 individuals and intends to expand its engineering, product, and go-to-market teams. The company also plans to enhance its infrastructure to accommodate growing usage and deployments. While specific customer acquisition targets or product roadmap updates were not disclosed, Dhillon noted a rising demand, especially from organizations frequently encountering identity-related threats. Further information about hiring timelines or geographic expansion remains undisclosed.

Go Deeper -> Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella – CNBC

AI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman, and other big names – TechCrunch