Cloaked is a consumer-first privacy company founded in 2020 that builds a comprehensive platform to protect users' personal information online and in person.[1][2][3] It enables individuals to generate real-time virtual identities—including unlimited proxy phone numbers, customizable email addresses, passwords, and more—while offering additional features like identity theft insurance up to $1 million, data removal from over 120 brokers, spam blocking, dark web monitoring, and AI-powered alias management.[1][5][6] Serving everyday consumers wary of data breaches, spammers, and scammers, Cloaked solves the problem of overexposure in a digital world dominated by big tech, allowing users to share only what they choose without changing their online habits.[1][2] The company has raised $29 million in funding, including a $25 million Series A in 2022, and has disguised over 5 million identities, showing strong growth from MVP in 2021 to beta launch and ongoing expansions.[3][4][5]
Cloaked was founded in 2020 by brothers Arjun Bhatnagar (CEO) and Abhijay Bhatnagar (CTO) in Lowell, Massachusetts, both from a hardworking community with prior entrepreneurial experience.[2][3][4] The idea emerged from Arjun's personal "huge revelation" about big tech's unchecked power over personal data, prompting him to build a zero-knowledge, end-to-end encrypted tool to restore individual control.[1] Early traction built quickly: starting with an MVP in 2021, they launched beta in 2022, secured pre-seed and a $25 million Series A led by investors like Lux Capital and Human Capital, and refined their pitch through relentless feedback loops, such as nightly voice memos to advisors.[2][3][4] Pivotal moments include evolving from core identity generation to a full privacy suite, gaining momentum with J.P. Morgan's support for scaling.[4]
Cloaked stands out in the privacy space through its all-in-one platform and uncompromising security:
Cloaked rides the surging wave of data privacy demands amid rampant breaches, AI-driven scams, deepfakes, and regulatory pushes like GDPR/CCPA, where consumers distrust big tech's data monopolies.[1][2][5] Timing is ideal post-2020, as remote shopping, social media, and AI amplify exposure risks, creating tailwinds from heightened awareness and market forces like rising identity theft.[1][4] By enabling "smarter AI and apps without compromising privacy," it influences the ecosystem as a consumer empowerment tool, potentially reshaping internet norms from pervasive tracking to on-demand anonymity, backed by top investors signaling validation.[4][6]
Cloaked is poised to expand into the ultimate privacy OS, integrating payments, family plans, and deeper AI defenses while scaling globally with its $29M war chest.[3][5] Trends like escalating cyber threats, AI proliferation, and privacy regs will propel it, evolving its influence from niche protector to mainstream necessity—much like password managers became ubiquitous. As Arjun Bhatnagar envisions, it could "change the way the internet works entirely," putting power back with users.[1][4]
Cloaked has raised $29.0M in total across 2 funding rounds.
Cloaked's investors include Afore Capital, Alkeon Capital, Autotech Ventures, Clocktower Technology Ventures, Convective Capital, FPV Fund, GreenPoint Partners, Human Capital, Humba Ventures, Inspired Capital, Lux Capital, Menlo Ventures.
Cloaked has raised $29.0M across 2 funding rounds. Most recently, it raised $25.0M Series A in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $25.0M Series A | Afore Capital, Alkeon Capital, Autotech Ventures, Clocktower Technology Ventures, Convective Capital, FPV Fund, GreenPoint Partners, Human Capital, Humba Ventures, Inspired Capital, Lux Capital, Menlo Ventures, Ribbit Capital, Mark Cuban, Tikhon Bernstam, Vivek Garipalli | |
| Jan 1, 2022 | $4.0M Seed | Addition, Afore Capital, Autotech Ventures, Clocktower Technology Ventures, Convective Capital, Founders Fund, FPV Fund, Human Capital, Humba Ventures, Ribbit Capital, XYZ Venture Capital, Mark Cuban, Tikhon Bernstam, Vivek Garipalli |
