Company Overview
Snapshot
Founded in December 2013 by Eyal Benishti, IRONSCALES operates with 51–200 employees. The company has raised a total of $95M across 6 funding rounds from 5 investors. In November 2024, PSG increased its holding in IRONSCALES, acquiring a stake for $26M.
Business overview
IRONSCALES provides an AI-driven, self-learning email security platform designed to prevent, detect, and remediate phishing attacks. Leveraging a decentralized, crowdsourced network, the platform combines artificial and human intelligence to offer comprehensive anti-phishing protection. The company serves organizations of all sizes, focusing on being the last line of defense against various phishing attacks within the Cyber Security sector.
Strategic signal
In November 2024, Elron Ventures divested its stake in IRONSCALES for $26 million, while PSG simultaneously increased its holding in the company. This transaction signals continued investor confidence in IRONSCALES' market position and growth trajectory, particularly from existing investors like PSG, and suggests a strategic consolidation of ownership as the company matures.
Company Intelligence Q&A
- What was a significant recent investor activity for IRONSCALES?
- In November 2024, Elron Ventures sold its stake in IRONSCALES for $26 million, and PSG increased its holding in the company.
- When did IRONSCALES secure its Series C funding round?
- In December 2021, IRONSCALES raised a Series C funding round led by PSG, with participation from K1 Investment Management.
- Which investor led IRONSCALES' Series B extension round?
- In August 2020, Jump Capital led IRONSCALES' Series B extension funding round, raising $8 million.
- When was IRONSCALES recognized on the Inc. 5000 list?
- In August 2024, IRONSCALES was named to the Inc. 5000 list for the fourth consecutive year, following its ranking at No. 875 on the 2022 Inc. 5000 Annual List in August 2022.
- What was a key product development for IRONSCALES in 2022?
- In August 2022, IRONSCALES launched expanded security awareness training functionality, enhancing its product offering.