Cloaked
Consumer privacy platform (disposable identities, data-broker removal, dark web monitoring) that raised $375M in 2026 while expanding into enterprise employee risk protection.
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Cloaked provides a consumer-facing privacy platform that generates disposable email addresses, phone numbers, and passwords for online accounts, bundled with a password manager, identity theft insurance, VPN, dark web monitoring, and a personal-data-broker removal service. In 2025 the company extended that model into an enterprise offering that applies the same aggregated privacy protections to employees and gives organizations visibility into their workforce’s personal data exposure risk, a genuine expansion of its addressable market rather than a rebrand of the same consumer product.
Founded in 2020 by brothers Arjun and Abhijay Bhatnagar, Cloaked raised $375 million in a Series B and growth financing round in March 2026 led by General Catalyst and Liberty City Ventures, with participation from Lux Capital, DuckDuckGo, the NFL Players Association, and others, bringing total funding to more than $400 million. That is an unusually large raise for a privacy-focused consumer company, reflecting strong investor conviction that AI-driven scams and data broker exposure are becoming enterprise-relevant risks, not just consumer inconveniences.
Cloaked’s scale of funding and investor roster (including DuckDuckGo, a privacy-focused peer) are independently reported and substantial, but its enterprise security product line is new as of 2025, meaning its efficacy for organizational risk reduction has far less of a track record than its longer-running consumer privacy tools.
Innovation Matrix Assessment
Expanded from a consumer privacy toolset into a new enterprise employee-protection product line within about five years of founding, and closed a very large raise to accelerate that expansion.
Bundles disposable identities, password management, dark web monitoring, VPN, and data-broker removal into one consumer platform, with a newer, less-proven enterprise offering layered on top.
A $375M Series B and growth round in March 2026, led by General Catalyst and Liberty City Ventures with participation from Lux Capital and DuckDuckGo among others, is an unusually large and independently reported raise for a privacy-focused company.
Consolidating disposable identities, data-broker removal, and dark web monitoring into one consumer-grade platform, then extending it to enterprise employee risk protection, is a genuinely different bundling than most standalone point-solution privacy tools.
The consumer product has multiple years of operating history and estimated ARR in the single-digit millions, but the 2025-introduced enterprise security product line is too new to have independent efficacy evidence.
Personal data exposure and AI-driven scams targeting employees are a real and growing enterprise risk, though Cloaked's enterprise offering is unproven relative to its longer-running consumer product.
Why CISOs Should Care
Extends consumer-grade personal privacy protection, disposable identities, data-broker removal, dark web monitoring, to employees as an aggregated organizational risk signal.
What Makes It Different
Combines multiple previously separate privacy point-solutions (burner identities, broker removal, dark web monitoring) into one platform now being extended from consumer to enterprise use.
The Matrix Verdict
62/100 — INCREMENTAL INNOVATOR
A well-funded, fast-growing privacy platform making a credible but early move into enterprise security; strong investor conviction and real product breadth on the consumer side, with the enterprise offering still unproven.
Editorial Note: Claims vs. Verified Findings
The $375M funding round, investor list, and 2025 enterprise product launch are independently reported by TechCrunch, SecurityWeek, and Biometric Update; ARR estimates come from a third-party data aggregator (Latka) rather than the company itself and should be treated as approximate.
Sources
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