Key Points
- Outtake raised $40 million in a Series B round led by Iconiq’s Murali Joshi.
- Angel investors include Satya Nadella, Nikesh Arora, Bill Ackman, Shyam Sankar, Trae Stephens, Bob McGrew, Guillermo Rauch and John Donovan.
- The platform automates detection and takedown of digital identity fraud, addressing threats such as impersonation accounts and malicious domains.
- Founder Alex Dhillon, a former Palantir engineer, leveraged his network to secure high‑profile backing.
- Customers include OpenAI, Pershing Square, AppLovin and federal agencies.
- Revenue grew sixfold year‑over‑year and the customer base expanded more than tenfold.
- Outtake’s systems scanned 20 million potential cyberattacks in the latest reported year.
Funding Milestone and Investor Lineup
Outtake announced the completion of a $40 million Series B financing round. The round was spearheaded by Iconiq’s Murali Joshi, who has previously helped lead investments in companies such as Anthropic, Datadog, Drata and 1Password. A distinguished group of angel investors also participated, including Microsoft chief executive Satya Nadella, Palo Alto Networks chief executive Nikesh Arora, Pershing Square Holdings chief executive Bill Ackman, Palantir chief technology officer Shyam Sankar, Anduril co‑founder Trae Stephens, former OpenAI vice president Bob McGrew, Vercel chief executive Guillermo Rauch, and former AT&T chief executive John Donovan.
Problem Statement and AI‑Powered Solution
Outtake tackles the growing challenge of digital identity misrepresentation, which encompasses impersonation accounts, malicious domains, rogue applications, fraudulent advertisements and similar threats. The rise of generative AI has made attackers more convincing and faster, intensifying the difficulty of keeping pace with these attacks. Historically, detection and takedown have been manual, human‑intensive processes that struggle to keep up with the speed of the internet. Outtake’s platform automates this workflow, turning a traditionally human problem into a software problem and enabling real‑time remediation of digital fraud.
Founder Background and Network
The company was founded in 2023 by Alex Dhillon, a former Palantir engineer. Dhillon’s experience at Palantir, where he worked directly for Shyam Sankar on an experimental product team, helped him forge connections with many senior Palantir figures, including Trae Stephens, who also served as a co‑founder of Anduril and a venture partner at Founders Fund. These relationships facilitated introductions that ultimately led to the high‑profile angel commitments.
Customer Base and Market Traction
Outtake’s client roster includes OpenAI, Pershing Square, AppLovin and several federal agencies. OpenAI highlighted the company in a July 2025 profile as an example of an agentic startup built on its reasoning models. The startup reports that its annual recurring revenue has increased sixfold year‑over‑year, while its customer base has grown more than tenfold. In the most recent year, Outtake’s systems scanned 20 million potential cyberattacks, underscoring the scale at which the platform operates.
Industry Impact and Outlook
Investors expressed enthusiasm for Outtake’s ability to address a “human problem” with software, noting that real‑time AI‑driven takedowns represent a game‑changing advancement for brand safety. The funding will support continued product development, scaling of operations and expansion of the customer base as the digital fraud landscape evolves.
Source: techcrunch.com