Guardio raises $40m as scammers turn to AI at scale

Guardio

Guardio, a consumer-focused cybersecurity company that shields individuals from scams, phishing attempts and AI-generated fraud, has raised $40m and reached a valuation of $1.1bn.

The milestone follows a $40m funding round backed by Wiz co-founder and CEO Assaf Rappaport, alongside returning investors ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, Cerca Partners and Emerge Ventures. The fresh capital takes Guardio’s cumulative funding to date to $167m.

Guardio has posted revenue growth above 100% year-on-year for four consecutive years, a run that has taken the business past one million paying customers and $150m in annual recurring revenue. The company plans to put the new funding towards broadening and deepening its protection for the whole of a consumer’s digital presence.

Generative AI tools have lowered the barrier to entry for online criminals, putting attack methods once reserved for skilled hacking teams within reach of far less sophisticated operators. Mass personalised phishing campaigns, near-flawless brand impersonation and deepfake voice calls have become far easier to produce at volume, leaving ordinary consumers increasingly exposed.

Recent figures illustrate the scale of the problem. Close to three-quarters of American adults reported being targeted by a scam or attack over the past year, the FBI logged 22,000 complaints tied to AI-enabled schemes, and cybercrime losses across the US reached a record $20.9bn.

Rather than centring security on the device, Guardio builds its protection around the individual, monitoring messages, email, calls and browsing activity to intercept a scam before a victim can act on it. Its system also safeguards digital accounts and assets, applying targeted measures to strengthen overall digital hygiene and lower the likelihood of a successful attack. Guardio further identifies threats that span multiple devices and channels at once, such as a phone call that leads a victim to install malware on a computer, giving individual users a standard of protection comparable to that of a large corporate security team.

Guardio CEO and co-founder Amos Peled said, “Scammers stopped hacking computers years ago – they hack people, and with AI, it’s cheap and easy. Cybercrime is essentially democratized. Nobody is losing their savings to a virus.

“People are losing savings to a scam that AI wrote, voiced and dialed – while their antivirus reports that their laptop is perfectly clean. Consumer security has to be rebuilt around the person, not the device. That’s what one million people are already paying us for, and this round is a stepping stone to bring it to the tens of millions who are still protected by software built for a decade ago.”

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