# IronScales

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ironscales

- Industry: IT Security/Cybersecurity
- Headquarters: Atlanta, US
- Website: www.ironscales.com
- Total disclosed funding: $95M
- Latest round: Series C (Dec 7, 2021)
- Investors on record: 4

## About

Founded in 2013 by CEO Eyal Benishti and based in Georgia, US, IronScales Ltd. develops an anti-phishing threat protection platform that analyzes, detects, and removes malicious emails using human intelligence and machine learning to defend enterprises from attacks in real-time. In December 2021, IronScales Ltd. raised USD 64 million in Series C funding led by investor Providence Strategic Growth. Returning investors K1 Investment Management and Jump Capital

The company offers a SaaS (software-as-a-service) email security platform through a combination of AI-powered threat detection, automated incident response, and user awareness training. It integrates seamlessly with popular email providers and collaboration tools like Microsoft 365 and Microsoft Teams. IRONScales utilizes AI and machine learning to identify sophisticated phishing attempts, including Business Email Compromise (BEC) scams, credential theft attempts, and zero-day attacks. Additionally, the platform automates tasks like quarantining suspicious emails, investigating potential threats, and remediating compromised accounts, reducing workload for security teams. This AI-powered feature analyzes suspicious emails, mimics the actions of a human security analyst, and streamlines the decision-making process for security teams. The company provides customizable phishing simulations to educate employees and empower them to identify and report suspicious emails.

The company will use the December 2021 funding to expand its business globally and to grow its platform’s capabilities.

## Funding rounds

- Series C, Dec 7, 2021, $64M — K1 Investment Management, Jump Capital, PSG Equity
- Series B, Aug 10, 2020, $8M — Jump Capital
- Series B, Jun 17, 2019, $15M — K1 Investment Management
- Series A, Dec 5, 2017, $6.5M — K1 Investment Management, Elron Ventures
- Seed, Jan 19, 2016, $1.5M — Elron Ventures

## Investors

- Elron Ventures (https://capitalatlas.ai/funds/elron-ventures) — Seed, Series A
- K1 Investment Management (https://capitalatlas.ai/funds/k1-investment-management) — Series A, Series B, Series C
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series B, Series C
- PSG Equity (https://capitalatlas.ai/funds/psg-equity) — Series C