The scale of identity abuse is rising sharply. In 2024, organisations reported a 703% increase in credential theft and a 250% jump in account takeovers. These attacks rarely stay in one place. They move across platforms, reuse stolen signals, and evolve in real time.
Yet many security teams are still forced to work with fragmented tools and manual processes, which slow response times and increase damage. Here’s where New York-based Outtake comes into play!
The US company raised $40 million in Series B funding to help enterprises defend trust online. The round was led by ICONIQ, with participation from CRV and S32, as well as a group of senior technology and security leaders as angel investors.
The angel backers include Satya Nadella, Nikesh Arora, Bill Ackman, Shyam Sankar, Trae Stephens, Bob McGrew, Guillermo Rauch, and John Donovan.
The fresh funding will be used to grow Outtake’s engineering, product, and go-to-market teams, deepen its platform capabilities, and support rising global demand.
What does Outtake do?
Founded by Alex Dhillon, Outtake is built around the idea that digital trust needs a single control layer. Its platform gives security teams one place to detect, investigate, and stop identity-based threats across all digital surfaces. Dhillon previously spent five years at Palantir, working on early-stage engineering projects. The broader team includes alumni from SpaceX and Notion.
Instead of chasing alerts one by one, teams can see coordinated campaigns, prioritise real risk, and take down impersonation faster. The system is also designed to uncover threats hidden inside images, videos, and complex online networks.
“Security teams are being asked to defend trust everywhere their organisation 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.”
Adoption among large organisations is accelerating. Over the past year, the company recorded 6x year-over-year ARR growth, more than 10x ARR growth among enterprise customers, and 250%+ headcount growth, driven mainly by engineering, product, and go-to-market roles.
Its customers include OpenAI, Pershing Square, Fortescue, AppLovin, and several federal agencies. In 2025, Outtake processed more than 17 million alerts, ran 4 million investigations, and achieved a median takedown time of 18 to 36 hours per confirmed threat.
“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.”
