Outtake, a NYC-based provider of a digital trust platform for AI-driven impersonation protection, has raised $40 million in Series B funding led by ICONIQ.
The round also saw participation from CRV, S32, and angel investors, including Satya Nadella, Nikesh Arora, Bill Ackman, Shyam Sankar, Trae Stephens, Bob McGrew, Guillermo Rauch, and John Donovan. In conjunction with the funding, Murali Joshi, General Partner at ICONIQ, joined the company’s board.
Read More:Milliways Raises $3M in Funding
The company plans to use the funds to grow its engineering, product, and go-to-market teams, strengthen its platform, and meet global demand for its digital identity protection solutions.
“We built Outtake because standalone tools can’t keep up with AI-driven deception. Companies want a single platform for digital trust and this funding helps us grow as demand increases.”
Digital identity is weakening as AI makes cybercrime faster, cheaper, and easier. Attacks that once took organized groups weeks to plan can now be carried out by individuals in hours, leading to a sharp rise in identity-based abuse across digital channels.
Digital identity is eroding as AI makes cybercrime quicker and cheaper. Attacks that once took weeks and required organized groups can now be done by individuals in hours, driving a surge in identity-based abuse across digital channels.
Outtake is seeing rapid enterprise adoption, with 6× ARR growth, over 10× more enterprise customers, and 250%+ headcount growth year over year. Trusted by Fortune 500 companies and institutions, including OpenAI, and federal agencies, the platform processed 17M+ alerts, and 4M+ investigations in 2025, reflecting a shift toward unified digital identity protection amid rising AI driven threats.
Dhillon spent five years on Palantir’s moonshot team, building new engineering projects for senior leaders before founding Outtake. The team includes former Palantir, SpaceX, and Notion employees, as well as repeat founders who have scaled leading companies.
“Security teams now have to protect trust across every online channel, while attackers move faster than ever,” said Alex Dhillon, Founder, and CEO of Outtake. “We built Outtake because point solutions can’t keep up with AI-driven deception. Companies want a single platform for digital trust, and this funding helps us scale as demand grows.”
“At ICONIQ, we support founders building long-term platforms to solve critical enterprise challenges,” said Murali Joshi, General Partner at ICONIQ, and new Outtake board member. “AI is reshaping digital identity and trust and we believe this team has the ambition and focus to tackle it. We’re proud to partner with them as they scale.”
About Outtake
Led by Founder and CEO Alex Dhillon, Outtake is a digital trust platform that helps organizations detect, investigate, and stop identity-based threats across the AI-driven web. By consolidating all digital channels into a single platform, Outtake helps organizations operate with confidence amid growing online deception.
Read More:DexMat Raises Over $5M in Seed Funding
