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

AI-Powered Cybersecurity Startup Outtake Raises $40M Series B to Automate Digital Identity Fraud Detection

In a funding round that reads like a who’s who of tech royalty, AI cybersecurity startup Outtake has secured a $40 million Series B investment to combat the growing epidemic of digital identity fraud. The round, led by Iconiq Growth’s Murali Joshi, attracted an unprecedented roster of high-profile angel investors including Microsoft CEO Satya Nadella, Palo Alto Networks CEO Nikesh Arora, Pershing Square CEO Bill Ackman, Palantir CTO Shyam Sankar, Anduril co-founder Trae Stephens, former OpenAI VP Bob McGrew, Vercel CEO Guillermo Rauch, and former AT&T CEO John Donovan.

The investment comes at a critical moment when AI-powered cyberattacks are becoming increasingly sophisticated, with malicious actors leveraging artificial intelligence to create more convincing impersonation accounts, fraudulent domains, rogue applications, and deceptive advertisements at unprecedented speeds. Outtake’s solution represents a paradigm shift in how enterprises approach digital identity protection.

Founded in 2023 by former Palantir engineer Alex Dhillon, Outtake has developed what it calls an “agentic cybersecurity platform” that transforms what was traditionally a labor-intensive, manual process into an automated software solution. The company’s technology can detect, investigate, and neutralize digital threats in real-time, scanning millions of potential attack vectors simultaneously.

“I kept hearing whispers in our network about an AI company that was finally solving digital misrepresentation at scale,” said Murali Joshi of Iconiq Growth. “Honestly, we were skeptical. Historically, detection and takedown was—and to some extent even today—a manual, human-intensive process that couldn’t keep up with the speed of the internet.”

Joshi’s skepticism turned to conviction after thorough due diligence with Outtake’s customers and examination of the product’s capabilities. “They’ve turned a ‘human problem’ into a ‘software problem.’ Seeing AI take down digital frauds in real time is a game-changer for brand safety,” he noted.

The company’s impressive customer roster includes OpenAI, Pershing Square, AppLovin, and various federal agencies. OpenAI itself profiled Outtake in July 2025 as a prime example of an agentic startup built on its reasoning models, highlighting the company’s innovative approach to cybersecurity.

Dhillon’s background at Palantir proved instrumental in assembling such an impressive group of investors. “I worked directly for Shyam Sankar at Palantir when I was part of the experimental product team,” Dhillon explained. This connection opened doors to other Palantir alumni and eventually led to introductions to other tech luminaries. The network effect was powerful—one introduction led to another, creating a cascade of investment interest from some of the most influential figures in technology.

The traction Outtake has achieved is equally impressive. The company reports that its annual recurring revenue has increased sixfold year-over-year, while its customer base has grown more than tenfold. In the past year alone, Outtake’s systems scanned 20 million potential cyberattacks, demonstrating the massive scale of the problem it’s addressing.

What makes Outtake’s approach particularly relevant is the timing. As AI tools become more accessible, the barrier to entry for sophisticated cyberattacks has lowered dramatically. Attackers can now generate convincing fake content, impersonate legitimate entities, and launch coordinated attacks at speeds that traditional security measures simply cannot match. Outtake’s AI-driven platform is designed specifically to counter this new reality.

The $40 million investment will fuel Outtake’s continued development of its agentic AI technology, expansion of its customer base, and enhancement of its detection capabilities. With the backing of some of the most influential figures in tech, the company is well-positioned to become a leader in the next generation of cybersecurity solutions.

As digital threats continue to evolve and AI-powered attacks become more prevalent, Outtake’s approach represents a critical advancement in protecting enterprise digital identities. By automating what was once a manual, reactive process and making it proactive and intelligent, the company is setting a new standard for how organizations can defend themselves in an increasingly complex digital landscape.

Tags: AI cybersecurity, digital identity fraud, Outtake funding, agentic AI, Iconiq Growth, Satya Nadella investment, Palantir alumni startup, automated threat detection, Series B cybersecurity, AI-powered fraud prevention, digital impersonation, enterprise security, AI threat intelligence, cybersecurity automation, brand safety AI, malicious domain detection, rogue app identification, fraudulent ad detection, AI attack prevention, enterprise cybersecurity innovation

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