Guardio becomes a unicorn and reveals its annual revenue
Assaf Rappaport joined the investment in the cyber company, which has crossed one million paying private customers and $150 million in annual recurring revenue.
The Israeli cyber company Guardio announced the completion of a $40 million funding round at a valuation of $1.1 billion. According to the company's announcement, the round brings its total funding to $167 million, and Assaf Rappaport, co-founder and CEO of Wiz, joined the current investment. The round was led by existing investors ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, Cerca Partners, and Emerge Ventures. The company's uniqueness lies in the fact that it protects private customers rather than business clients.
Alongside the funding, Guardio stated that it has crossed the threshold of one million paying customers and reached an annual recurring revenue (ARR) of $150 million. According to the company, this is the fourth consecutive year that it has recorded growth of over 100% in revenue.
"Cyber attackers stopped attacking computers years ago - they attack the person directly, and in the AI era, this has become cheaper, simpler, and more accessible than ever," said Amos Peled, co-founder and CEO of Guardio. "People no longer lose their savings because of a virus on their computer, but because of sophisticated fraud created, voiced, and executed using AI - while traditional antivirus software reports that the computer is completely clean. Cyber defense must be rebuilt around the person, not around the device."
According to the company, the funds raised will be used to expand its protection platform for end-users against AI threats, phishing, and digital fraud. Guardio presents its product as protection focused on the person rather than the device: monitoring messages, email, calls, and network activity, with the goal of identifying fraud and stopping it sometimes even before the user clicks on a malicious link. The company says the system also detects attack scenarios that combine several channels and devices, for example, a phone call that leads to the download of a malicious file on a mobile or personal computer.
The announcement claims that AI technology has made cybercrime more available and cheaper in recent years, partly through mass personalized phishing campaigns, brand imitation, and deepfake-based voice calls. According to the FBI, losses from cybercrime targeting end-consumers in the USA alone have reached more than $20 billion.
"The results speak for themselves: four consecutive years of triple-digit growth, crossing the $150 million ARR threshold, while continuing to improve Unit Economics," said Gilad Shani, managing partner at ION Crossover Partners.
Rappaport said that security systems win when they understand context in depth. "In the AI era, scams have become more sophisticated and personalized than ever, and Guardio brings this depth of protection to billions of people who are forced to deal with network threats on their own."
