AI security startup Outtake has secured $40 million in Series B funding as investor interest intensifies around agentic cybersecurity platforms. While the round size is modest by current AI funding standards, the list of backers places the company firmly in elite company.
The round was led by Iconiq, with Murali Joshi spearheading the investment. Joshi has previously backed companies including Anthropic, Datadog, Drata, and 1Password. The financing also drew an unusually prominent group of angel investors, including Microsoft CEO Satya Nadella, Palo Alto Networks CEO Nikesh Arora, Pershing Square Holdings 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.
Founded in 2023 by former Palantir engineer Alex Dhillon, Outtake builds autonomous AI agents designed to detect, investigate, and rapidly remove digital identity threats. These include impersonation accounts, malicious domains, fraudulent ads, rogue applications, and phishing campaigns. The problem has grown more complex as generative AI has enabled attackers to operate faster and appear more convincing.
“We kept hearing whispers in our network about an AI company that was finally solving digital misrepresentation at scale. Honestly, we were skeptical,” Joshi told TechCrunch. “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.”
According to Joshi, that skepticism faded after customer checks and product evaluation. “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 said.
Dhillon credits his time at Palantir for helping him build credibility with early supporters. “I worked directly for Shyam Sankar at Palantir when I was part of the experimental product team,” he told TechCrunch. Those relationships led to introductions across Palantir’s current and former leadership network, eventually bringing in multiple high-profile angels.
Outtake counts OpenAI, AppLovin, Pershing Square, and U.S. federal agencies among its customers. OpenAI highlighted the startup in July 2025 as an example of an agentic company built on its reasoning models.
The company reports strong operational momentum. Annual recurring revenue has grown roughly sixfold year over year, enterprise customers have increased more than tenfold, and its systems scanned approximately 20 million potential cyberattacks over the past year. Outtake currently employs about 35 people and did not disclose its valuation.
“We’re headed towards this world of always-on security,” Dhillon said. “You need agent tech solutions like Outtake, defending your neighborhood.”
With AI-driven threats accelerating, Outtake is positioning itself as a foundational security layer for enterprises navigating an increasingly hostile digital environment.
