Outtake Attracts Notable Funders to Expand AI-Based Enterprise Security Tools

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

The company builds an AI-based system that uses software agents to identify and remove a range of identity threats. These include impersonation accounts, spoofed domains, malicious browser extensions, and fraudulent advertisements.

This funding round was led by Iconiq’s Murali Joshi, who will join the company’s board.

Other 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, and other executives from OpenAI, Vercel, and AT&T.

Reported customers include OpenAI, AppLovin, and several U.S. federal agencies.

Why It Matters: The growing use of AI in online fraud and impersonation has created a need for automated threat detection tools. Outtake is one of several companies developing systems designed to reduce reliance on human analysts for identifying and addressing these threats.

• Funding Round with Cross-Sector Participation: The $40 million round drew participation from individuals and firms across enterprise software, cybersecurity, venture capital, and finance. Murali Joshi of Iconiq, who previously backed companies including Anthropic and Datadog, led the round and will join Outtake’s board. He cited product differentiation and market potential as key reasons for the investment. Other participants, such as Microsoft CEO Satya Nadella, contributed in a personal capacity rather than through their affiliated organizations.

• Automated Threat Detection Technology: Outtake’s product uses autonomous agents to detect and remove online identity threats without requiring human intervention. The system monitors for forms of digital impersonation and flags them for takedown through integrated enforcement channels. This approach is intended to reduce the manual workflows still common in brand protection and digital risk teams, where response times are often slowed by the need for human review. By automating identification and removal, the platform aims to support faster and more consistent mitigation across large volumes of digital assets.

• Reported Performance and Usage Metrics: According to company data, annual recurring revenue grew substantially over the past year, accompanied by a marked rise in enterprise customer adoption. In 2025, the system scanned approximately 20 million potential cyberattacks, based on internal reporting. These figures were released without audited financial statements, and the company has not disclosed its current valuation or cited any third-party performance assessments.

• Background of Founding Team and Investor Network: Founder Alex Dhillon worked at Palantir for nearly five years, including on internal AI product development teams. Several current investors were introduced through his professional network, particularly those with prior experience at Palantir or involvement in security-focused startups. This early access to funding and guidance influenced Outtake’s development path.

• Deployment and Hiring Plans: The company currently has 35 employees and plans to grow its engineering, product, and go-to-market teams. The company also expects to invest in infrastructure to support increased usage and deployment. While no specific targets were shared regarding customer acquisition or product roadmap updates, Dhillon stated that demand has been increasing, particularly from organizations dealing with identity-related threats on a frequent basis. Further details about hiring timelines or geographic expansion have not been provided.

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