Doppel — Funding & Company Data
Financial overview and investor data for Doppel.
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
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
Investors: Bessemer Venture Partners, 9Yards Capital, Sozo Ventures, Andreessen Horowitz, South Park Commons, Strategic Cyber Ventures, Script Capital, Sabrina Hahn
Valuation: $205M
Investors: Andreessen Horowitz, Strategic Cyber Ventures, Script Capital, South Park Commons, SV Angel
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