Bessemer Leads $35 Million Series B in Doppel

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;doppel&period;com&percnt;2F&amp&semi;esheet&equals;54247977&amp&semi;newsitemid&equals;20250502542037&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Doppel&amp&semi;index&equals;1&amp&semi;md5&equals;3365201d25550e929e2a8f698f12cce3" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Doppel<&sol;a>&comma; an AI-powered social engineering defense platform&comma; is announcing a Series B funding round after a year of rapid growth following its Series A&comma; bringing the total amount raised to &dollar;54&period;4 million&period; The Series B round of &dollar;35 million at &dollar;205 million valuation is led by <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;bvp&period;com&percnt;2F&amp&semi;esheet&equals;54247977&amp&semi;newsitemid&equals;20250502542037&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Bessemer&plus;Venture&plus;Partners&amp&semi;index&equals;2&amp&semi;md5&equals;df0922dfadff1c574b89672e4e85183f" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Bessemer Venture Partners<&sol;a>&comma; along with additional first-time Doppel investors 9Yards Capital and Sozo Ventures&comma; and repeat investors a16z&comma; South Park Commons&comma; Strategic Cyber Ventures&comma; Script Capital&comma; and Sabrina Hahn&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Doppel is quickly emerging as the market leading social engineering defense company by leveraging its proprietary AI-powered approach that is critical in today’s environment as these new threats become increasingly sophisticated for corporation’s brands&comma; executives and employees&comma;” said Elliott Robinson&comma; partner&comma; Bessemer Venture Partners&period; &OpenCurlyDoubleQuote;We’ve been blown away by the company’s rapid growth and product efficacy in curbing the hyper-personalized attacks that challenge their customers&comma; and look forward to seeing the company continue to roll out new offerings for the enterprise&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;At Secure Consult&comma; we view Executive Protection not just as a service&comma; but as a cornerstone of modern risk management&comma;” said David M&period; Gordon&comma; CEO and Founder of Secure Consult&comma; a Doppel partner enabling a full-spectrum approach to security management&period; &OpenCurlyDoubleQuote;Our transformative partnership with Doppel allows us to stay ahead of emerging threats&comma; delivering real-time&comma; intelligence-driven solutions that span the entire threat lifecycle—from discovery to resolution&period; Together&comma; we’re redefining what proactive protection means in an increasingly complex world&period;”<&sol;p>&NewLine;<p>From domains to social media&comma; email to apps&comma; the Doppel Vision platform provides visibility and takedowns across all attack surfaces&period; It maps and dismantles attacker infrastructure at its source&comma; unifying threat insights in a single grid&period; By combining advanced LLM technology and expert human analysis&comma; Doppel eliminates blind spots&comma; removes digital threats&comma; and protects organizations at every level&period; And the proof is in the numbers&period;<&sol;p>&NewLine;<p>Since its Series A funding round in January 2024&comma; Doppel has reported 400&percnt; growth in enterprise customers&comma; and 90&percnt; growth in customers overall&comma; including 3X growth in annual recurring revenue &lpar;ARR&rpar; and 8X growth in expansion revenue with existing customers&period; Since 2022&comma; Doppel has maintained a 230&percnt; compound annual growth rate &lpar;CAGR&rpar;&comma; signaling consistent and sustainable growth&period;<&sol;p>&NewLine;<p>In addition&comma; Doppel has been working alongside OpenAI to deploy their AI models and fine tune them on thousands of decisions made by its cybersecurity experts&period; The result is the first cybersecurity AI agent capable of autonomously identifying obscure social engineering threats and neutralizing them at scale&period;<&sol;p>&NewLine;<p>Within months of deployment&comma; Doppel doubled the efficiency of its operations team&comma; with upcoming releases set to accelerate this trend&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re really excited to partner with Bessemer Venture Partners&comma; a firm that understands what it takes to build a generational&comma; category-defining company&comma;” said Doppel CEO&comma; Kevin Tian&period; &OpenCurlyDoubleQuote;We’ll use these funds to double down on our core products&comma; serve the rapidly growing demand from enterprises across all sectors&comma; and build the first social engineering defense platform&period;”<&sol;p>&NewLine;

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