Doppel

Doppel — Funding & Company Data

Financial overview and investor data for Doppel.

High confidence data Last verified 4 months ago

Founded

2022

Stage

Series c

Total Raised

$124M

HQ

San Francisco, CA

Team

51-200

Model

sales-led

Analyst Take

Doppel's funding trajectory demonstrates aggressive growth and strong investor conviction. The company progressed from a $5 million Seed round in May 2022 to a $70 million Series C by November 2025, a remarkably fast scaling of investment. The valuation jumped from $205 million at its Series B to over $600 million at its Series C just six months later, highlighting significant momentum and perceived market leadership.

The quality of investors is exceptionally high, featuring premier venture capital firms like Andreessen Horowitz (a16z) and Bessemer Venture Partners leading later rounds. This backing not only provides capital but also lends credibility and access to extensive networks. The consistent participation of early investors in subsequent rounds signals their continued belief in the company's direction.

This level of funding provides Doppel with a substantial runway to navigate the competitive digital risk protection market. The capital is explicitly aimed at accelerating product innovation, particularly in AI-driven defense against social engineering, and expanding its go-to-market teams. From a competitive standpoint, this financial backing allows Doppel to invest heavily in R&D and sales, potentially outpacing smaller or less-funded competitors. For a potential buyer of the tool, this financial strength suggests a stable partner that is likely to continue innovating and supporting its platform for the foreseeable future.

Stability

Doppel appears highly stable. With $124 million in total funding, a recent $70 million Series C, and backing from elite VCs, the company has a multi-year runway and is well-positioned for long-term operation.

Growth

The company is in a high-growth phase. It has reported 3x year-over-year ARR growth, a 5x increase in Fortune 500 customers, and has more than doubled its team size in the past year.

For Buyers

For a potential buyer, Doppel's strong financial position reduces the risk of the tool becoming unsupported or the company failing. The significant funding ensures continued product development and the ability to scale support, making it a relatively safe choice for a long-term commitment.

Funding Timeline

Series C $70M November 2025

Investors: Bessemer Venture Partners, Andreessen Horowitz, South Park Commons, Script Capital, 9Yards Capital, Sozo Ventures, Strategic Cyber Ventures, Nneka Ogwumike, Breanna Stewart, Kelsey Plum

Valuation: $600M

Series B $35M May 2025

Investors: Bessemer Venture Partners, 9Yards Capital, Sozo Ventures, Andreessen Horowitz, South Park Commons, Strategic Cyber Ventures, Script Capital, Sabrina Hahn

Valuation: $205M

Series A $14M January 2024

Investors: Andreessen Horowitz, Strategic Cyber Ventures, Script Capital, South Park Commons, SV Angel

Seed $5M May 2022

Investors: FTX Ventures, Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel, South Park Commons, Script Capital, Spartan Group, Paxos, Punk 6529, Quiet Capital, AlphaLab Capital, Balaji Srinivasan, Sabrina Hahn, Gokul Rajaram

Notable Investors

Bessemer Venture Partners Andreessen Horowitz FTX Ventures Strategic Cyber Ventures South Park Commons

Sources

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