Cloaked Raises 375M USD for Data Privacy in AI Age » World Business Outlook

https://worldbusinessoutlook.com/cloaked-raises-375m-usd-for-data-privacy-in-ai-age/

Publish Date: 2026-03-20 03:37:00

Cloaked, the consumer-first privacy and security company, on March 19th announced it has secured $375 million in funding as part of a Series B raise and growth financing through General Catalyst’s Customer Value Fund. The Series B round was led by General Catalyst and Liberty City Ventures, with participation from Lux Capital, Human Capital, Marquee Ventures, Fifth Growth Fund, NFL Players Association, LG Technology Ventures, Assurant Ventures, DuckDuckGo, and others. The investment will accelerate Cloaked’s mission to make data privacy the default, not the exception, in our daily lives.

Trusted by more than 350,000 users and growing more than 10x over the past year, Cloaked has built a comprehensive privacy platform that empowers individuals to reclaim control of their personal information—disrupting what the company calls “data parasites” at every point of attack. With this raise, Cloaked will execute against an ambitious product roadmap that harnesses safe AI as a powerful enforcer of data privacy and cybersecurity while expanding its team and scaling internationally across both consumer and enterprise.

“We’ve disguised more than 10 million identities, removed over a billion records from data broker sites, and screened more than 40 million calls – and we’re just getting started,” said Arjun Bhatnagar, co-founder and CEO at Cloaked. “The fight for consumer privacy is at an inflection point with Cloaked building the platform that makes privacy easy to understand, simple to defend, and a mandatory aspect of daily life.”

The raise reflects growing investor conviction that privacy infrastructure will be foundational to the next era of technology and that Cloaked is best positioned to build it.

“Cloaked understands the urgency of this moment and continues to scale, build trust, and redefine the future of privacy through artificial intelligence,” said Mark Crane, Partner at General Catalyst. “Under Arjun and Abhijay’s leadership, the team…

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