Doppel, a San Francisco, CA-based AI digital risk protection company, has raised $14 million in Series A funding, bringing its total funding to $19 million.   

SaaS Investors 

The round was led by Andreessen Horowitz (a16z). Other participants in the funding round included Strategic Cyber Ventures, Script Capital, South Park Commons, and SVAngel.  

Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. Founded in 20019, the firm invests in seed to venture-stage growth-stage technology companies, across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism. 

Doppel Use of Funds 

The company will use the new funds to accelerate research and development, expand global operations, and enhance customer support and sales.  

About Doppel 

Doppel is a digital risk protection platform. It protects brands against phishing, account takeovers, and other digital threats. Doppel focuses on combatting digital threats like impersonation, phishing, and disinformation campaigns using AI technology. The platform provides continuous monitoring, rapid detection, and seamless takedowns across various digital channels, including traditional platforms and emerging ones like Telegram and Crypto. Doppel has already gained partnerships with major brands such as Coinbase, VSCO, and ARK Invest.  

Funding Details       

Company: Doppel, Inc.  

Raised: $14.0M     

Round: Series A       

Funding Month: January 2024                                

Lead Investors: Andreessen Horowitz (a16z)

Additional Investors: Strategic Cyber Ventures, Script Capital, South Park Commons, and SVAngel   

Company Website: https://www.doppel.com/   

Software Category: Cybersecurity    

Source: https://blockchain.news/news/doppel-secures-14m-in-series-a-funding-led-by-a16z