Cloaked Raises $375M to Bring AI-Powered Privacy Protection to Enterprise

New York: Most security tools solve one problem. A password manager here. A VPN there. Identity protection somewhere else. Cloaked was built on the premise that fragmentation is itself the vulnerability.

Founded in 2020 by brothers Arjun and Abhijay Bhatnagar, Cloaked bundles identity masking, data removal, VPN, dark web monitoring, and AI-powered call screening into a single platform. The company has now raised $375 million in Series B and growth financing. General Catalyst and Liberty City Ventures led the round. Lux Capital, DuckDuckGo, LG Technology Ventures, and the NFL Players Association also participated.

The raise arrives at an inflection point. AI is making social engineering attacks faster, cheaper, and harder to detect. Cloaked processed over 50 million scam and spam calls since launching its AI screening feature last year. It now has 350,000 paying customers and has scrubbed more than one billion records from data broker sites.

The company is now pushing into enterprise. CISOs will be able to monitor employee-level risk exposure, track aggregated data clean-ups, and receive alerts on scams that could affect the business. An AI agent that autonomously resets compromised credentials is also in testing. With just 70 employees and $29 million raised prior to this round, the jump to $375 million signals serious institutional conviction.