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- Arkose Labs
Arkose Labs Funding, Investors & Competitors
Arkose Labs has raised $107M across 6 funding rounds, most recently a $70M Series C in May 2021.
Last Arkose Labs funding round
$70M
Series C · May 2021
Cumulative funding Arkose Labs raised
$107M
across 6 funding rounds
Key investors in Arkose Labs
M12
U.S. Venture Partners
SoftBank Group
Alchemist Accelerator
Ballistic Ventures
Brisbane Angels
Wells Fargo Strategic Capital
About Arkose Labs
Arkose Labs is a San Mateo-headquartered cybersecurity company delivering AI-powered bot detection and mitigation platforms to combat online fraud including credential stuffing and SMS toll fraud. G2 named it the 2023 Leader in Bot Detection and Mitigation with the highest customer satisfaction ratings and largest market presence for four consecutive quarters. The platform features $1 million warranties for covered attacks, dynamic risk assessments, and adaptive challenges that block threats while preserving legitimate user traffic. Fortune 500 companies represent a significant portion of its customer base, with additional offices in London, Costa Rica, and Brisbane, Australia.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Arkose Labs Funding History
Arkose Labs has raised a total of $107M across 6 funding rounds.
Arkose Labs' first fundraising round was a $500K angel round in April 2014. The most recent completed round was a $70M Series C in May 2021.
Arkose Labs funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| May 2021 | Series C | SoftBank Group (lead); Wells Fargo Strategic Capital; Ballistic Ventures; M12 | $70M | Arkose Labs, a San Francisco-based provider of online fraud and abuse prevention technology, raised $70 million in a Series C funding round on May 11, 2021, led by SoftBank Vision Fund 2, with participation from Wells Fargo Strategic Capital, M12, and PayPal Ventures. This brought the company's total funding to $114 million. Funds were allocated to platform development, hiring, and global expansion, including a new EMEA headquarters in London. The platform combines real-time risk classification with interactive enforcement challenges to defeat automated and human-driven attacks, making fraud economically unviable while minimizing friction for legitimate users. Trusted by brands like Electronic Arts, Dropbox, Microsoft, PayPal, and Sony Interactive Entertainment, Arkose Labs analyzed over 15 billion online sessions and stopped more than 4 billion attacks in 2020, wasting 40 million hours of fraudsters' time. Since its $22 million Series B in March 2020, the company doubled its workforce, earned Gartner Cool Vendor recognition, and added senior executives including a COO/CFO and Chief Product Officer. The fraud prevention market was projected to grow from $26.97 billion in 2021 to $141.75 billion by 2028 at a 26.7% CAGR. |
| Mar 2020 | Series B | M12 (lead); U.S. Venture Partners | $22M | Arkose Labs, a San Francisco-based provider of online fraud and abuse prevention technology, raised $22 million in a Series B funding round on March 24, 2020, led by M12, Microsoft's venture fund, with participation from existing investors PayPal and U.S. Venture Partners (USVP). This brought the company's total funding to more than $36 million or $36.5 million according to some reports. The platform uses a zero-tolerance approach combining dynamic risk engines like Arkose Detect and adaptive step-up mechanisms like Arkose Enforce to disrupt fraudsters' return on investment by imposing high effort costs on attacks such as account takeovers, fake account creation, scraping, spam, and gift card abuse. Prior to the round, Arkose Labs nearly doubled its customer base, introduced multiple product enhancements, and received industry awards including the Women in Cybersecurity award and CNBC’s Upstart 100 List for 2019. Customers at the time included Microsoft, GitHub, Electronic Arts, Singapore Airlines, Roblox, Twilio, Match.com, and numerous Fortune 50 companies across financial services, eCommerce, media, gaming, and emerging technology sectors. The company also reported a 30 percent increase in attacks on gaming platforms in Q1 2020, driven by over 70 percent growth in new account registration attacks. Proceeds from the $22 million round were allocated to platform development, hiring new talent, and global expansion, particularly into EMEA, with partner-led strategies for Asia-Pacific and Latin America. M12's investment highlighted Arkose Labs' value to Microsoft businesses, underscoring its end-to-end anti-fraud capabilities. |
| Nov 2018 | Strategic investment | - | $7M | Arkose Labs, a provider of online fraud prevention technology using global telemetry, user behavioral risk assessment, and enforcement challenges, received a strategic investment from PayPal on November 14, 2018. This followed a $6 million Series A round led by U.S. Venture Partners, bringing total outside investment to $14 million at that time. Customers included Electronic Arts, Singapore Airlines, Roblox, and Kik. The investment supported expansion of the product roadmap for additional fraud prevention and digital identity capabilities. A separate corporate round of $6.5 million is listed for November 2018 with lead investors U.S. Venture Partners. |
| Sep 2018 | Series A | U.S. Venture Partners (lead); Alchemist Accelerator | $6M | Arkose Labs raised $6 million in a Series A funding round led by U.S. Venture Partners in 2018. Alchemist Accelerator participated as an earlier investor. The funding supported product roadmap expansion, hiring, and enterprise go-to-market efforts for its online fraud prevention platform combining global telemetry, user risk assessment, and enforcement challenges. Shortly after, PayPal made a strategic investment, expanding the round and bringing total outside investment to $14 million. The company, founded in 2015 in Brisbane, Australia, and headquartered in San Francisco since 2017, targets fraud issues like account takeover, fake accounts, scraping, spam, and gift card abuse for customers including Electronic Arts, Singapore Airlines, Roblox, and Kik. Dafina Toncheva from USVP and Jeremiah Grossman joined the board post-round. |
| Jul 2017 | Seed | - | $2M | - |
| Apr 2014 | Angel | Brisbane Angels (lead) | $500K | - |
Who has invested in Arkose Labs?
7 investors have backed Arkose Labs across its funding rounds, including M12, U.S. Venture Partners, SoftBank Group, Alchemist Accelerator, Ballistic Ventures and Brisbane Angels.
Lead investors include SoftBank Group, M12, U.S. Venture Partners and Brisbane Angels.
Arkose Labs Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2020 | ||
| 2 | Lead | Sep 2018 | ||
| 1 | Lead | May 2021 | ||
| 1 | Lead | Apr 2014 | ||
| 1 | Participant | May 2021 | ||
This data is available for Pro users. Sign up to see all 7 Arkose Labs investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialArkose Labs Competitors
Arkose Labs competitors include listed companies like CrowdStrike, Tenable, SAP and Tempus AI, and private ones like Safe Superintelligence and Legora.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.8B | ($12M) | $252B | 44.5x | ||
| Publicly listed | $999M | $31M | $4B | 3.9x | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Private | - | - | $32B | - | ||
| Publicly listed | $1.3B | ($131M) | $15B | 10.1x | ||
| Private | $100M | - | $5.6B | 56.0x |
Arkose Labs Public Comps
Arkose Labs is still privately-owned, but its public comps include Palo Alto Networks, CrowdStrike, SAP, IBM, Salesforce, ServiceNow, Fortinet, Snowflake, Cloudflare and Adobe.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $11B | $1B | 26.7x | 25.9x | 301.1x | 76.9x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $68B | $17B | 4.2x | 4.0x | 16.9x | 14.6x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $6.8B | $2.3B | 18.1x | 15.9x | 53.7x | 41.9x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
This data is available for Pro users. Sign up to see all Arkose Labs competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Arkose Labs
| When was Arkose Labs founded? | Arkose Labs was founded in 2013. |
| Where is Arkose Labs headquartered? | Arkose Labs is headquartered in San Francisco, CA, United States. |
| Is Arkose Labs publicly listed? | No, Arkose Labs is a private, VC-backed company. |
| How much funding has Arkose Labs raised? | Arkose Labs has raised $107M across 6 funding rounds. |
| What was Arkose Labs' last funding round? | Arkose Labs' last funding round was a $70M Series C in May 2021, led by SoftBank Group. |
| Who are Arkose Labs' investors? | Arkose Labs' investors include M12, U.S. Venture Partners, SoftBank Group, Brisbane Angels, Wells Fargo Strategic Capital, Alchemist Accelerator and Ballistic Ventures. |
| Which companies are comparable to Arkose Labs? | Companies comparable to Arkose Labs include CrowdStrike, Tenable, SAP, Safe Superintelligence, Tempus AI and Legora. |
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