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Jericho Security raises $15M Series A - total funding now $20M Deepfake fraud cost businesses ~$200M in 2025 U.S. Air Force / AFWERX awarded Jericho a $1.8M contract Phishing drives roughly 90% of data breaches SOC 2 Type II certified - DoD-tested An AI red team vs. an AI blue team: fighting AI with AI Jericho Security raises $15M Series A - total funding now $20M Deepfake fraud cost businesses ~$200M in 2025 U.S. Air Force / AFWERX awarded Jericho a $1.8M contract Phishing drives roughly 90% of data breaches SOC 2 Type II certified - DoD-tested An AI red team vs. an AI blue team: fighting AI with AI
Company Profile / Cybersecurity / AI

Jericho Security

The phone rings. It is your CEO's voice, asking for a wire transfer. Except it isn't. Jericho Security builds the training that teaches your people to hang up - by fighting AI with AI.

Founded 2023 New York, USA $20M raised ~39 people
Jericho Security - Defend your team from new AI threats

ABOVE: The brand built for the deepfake era. A company named after the most famous wall in history - which is, of course, remembered mainly for the moment it fell.

Who they are now

A startup that picked a fight with a machine

Jericho Security is a New York cybersecurity company with a peculiar daily routine: it builds AI attackers for a living, then turns them loose on its own customers.

The attackers are simulations - hyper-realistic phishing emails, cloned voices, deepfake requests - generated by the same kind of model a real criminal would use. The targets are employees. The point is to let people meet the convincing fake in a safe room, so they recognize it in the wild. Around 39 people run this operation, backed by $20 million and a customer list that includes the U.S. Department of Defense. Two years in, the company has a tidy thesis and an awkward truth to sell against.

Antivirus can't catch a voice that sounds exactly like your boss. The only defense that scales as fast as the attack is a better-trained human.- The Jericho premise, paraphrased
The problem they saw

Phishing got a writing coach

For twenty years, the advice was simple: watch for bad grammar, weird links, and a Nigerian prince. Generative AI quietly retired all of it. Attacks are now fluent, personalized, and produced at volume. Jericho cites that the linguistic complexity of attacks has climbed measurably, and that phishing still sits behind roughly 90% of data breaches. The bait got better; the humans did not.

Then it got worse than email. A few seconds of audio is enough to clone a voice. A short clip is enough to fake a face on a video call. In 2025, by Jericho's count, deepfake fraud cost businesses around $200 million. The old security stack - firewalls, filters, endpoint agents - guards the doors and windows. None of it answers the phone.

Within minutes, a sophisticated attacker can now create a voice clone that sounds exactly like your CFO requesting an urgent wire transfer.- Sage Wohns, Co-founder & CEO

This is the central tension Jericho lives inside: the cheapest, fastest-improving weapon in the attacker's kit is aimed squarely at the one part of the org chart no patch can fix. You cannot install an update on a person. You can, apparently, give them a fire drill.

The founders' bet

If AI is the gun, AI is the range

Jericho was founded in 2023 by Sage Wohns, Tim Hwang, and Dan Chyan - a combination of AI builder, company builder, and security practitioner. Wohns, the CEO, previously ran the NLP company Agolo. Hwang founded the government-data platform FiscalNote. Chyan brought the cybersecurity consulting background. Their wager was almost stubbornly literal: the only thing fast enough to keep pace with AI-generated attacks is AI-generated defense.

So they built two of them. An AI red team that invents fresh attacks, and an AI blue team that hardens the response - sparring partners that improve by trying to beat each other. It is an adversarial setup borrowed from how modern AI is trained, pointed at a problem most awareness vendors still treat as a once-a-year compliance video.

Most security training is a video you click through in December. Jericho's bet was that the test should be as alive as the threat.- On the founding thesis

Red Team

An AI that generates novel, personalized attacks - email, voice, deepfake, multi-channel - so the simulation never goes stale.

Blue Team

An AI that learns from each exposure and tunes training to the gaps a specific person or team keeps falling for.

The Human

The thing both teams are really fighting over - and the only firewall that can be taught to say "let me call you back."

The short, fast history

From pre-seed to the Pentagon

2023

Founded in New York

Sage Wohns, Tim Hwang, and Dan Chyan launch Jericho to defend the human layer against generative-AI attacks.

AUG 2023

$3M pre-seed

Led by Era Fund, with Lux Capital, FoundersX, MetaLabs, Alcove, Textbook, Alumni Ventures and Thorntree joining.

2024

$1.8M Department of Defense contract

Through AFWERX, the Air Force's innovation arm - protecting military personnel from sophisticated phishing, executed over five months.

APR 2025

$15M Series A

Led again by Era Fund's Jasper Lau, with Lux Capital, Dash Fund, Gaingels, Distique Ventures and Plug & Play. Total raised hits $20M.

2025

Self-service platform at scale

Jericho unveils a self-service AI-powered phishing defense experience so teams can stand up training without a long rollout.

The product

A flight simulator for getting fooled

What a customer actually buys is a loop. The simulator launches individualized phishing and social-engineering campaigns. When someone clicks - and someone always clicks - the platform doesn't just log it; it serves training tuned to that exact mistake. Managers watch the whole thing from a dashboard of analytics and KPIs, so "human risk" stops being a hand-wave and starts being a number that moves.

The 2025 self-service release lowered the barrier further: stand up AI-powered phishing defense without a months-long deployment. It sells to enterprises and SMBs across retail, e-commerce, finance, healthcare, manufacturing, energy, higher education, and government - which is a long way of saying "anyone with an inbox and a payroll."

You can't patch a person. You can, it turns out, give them enough convincing fakes that the real one finally feels off.- On the Jericho training loop

Phishing Simulator

Hyper-realistic, AI-generated campaigns across channels - the bait, minus the consequences.

Attack Simulation

Red-team scenarios covering voice clones, deepfakes, and multi-channel social engineering.

Personalized Training

Adaptive modules delivered to the person who just fell for it, about the thing they fell for.

Risk Dashboard

Performance analytics and security KPIs that turn "are we safe?" into a trend line.

The proof

Money, a market, and the military

Skepticism is the correct setting for any "AI vs. AI" pitch, so here are the load-bearing facts. Jericho has raised $20 million across two rounds, both led by Era Fund - the kind of repeat conviction that matters more than a single headline. It is SOC 2 Type I and Type II certified. And it cleared the highest-friction customer there is: it won and executed a $1.8M Department of Defense contract through AFWERX, aimed at the Air Force's own phishing problem.

$20M
Total raised
$1.8M
DoD contract
~90%
Breaches via phishing
2023
Founded

The market backdrop helps the argument. Security awareness training is worth roughly $5 billion a year and is projected to roughly double by 2027. Jericho's claim is not that this category is new - it's that the category was built for an era of bad grammar and broken links, and that era is over.

A market doubling into the AI-threat era
Security awareness training market - figures cited by Jericho Security (USD/yr)
~Now ($5B)
$5B
2027 ($10B)
$10B
Deepfake loss '25
~$200M

Chart bars are scaled for comparison; figures are company-cited estimates, not audited results.

The mission

Make the human the strong link

Jericho's stated mission is plain: equip people with the knowledge and skills to identify, prevent, and respond to cyber threats - especially the AI-powered kind. Underneath that is a quieter ambition. The "human layer" has been the security industry's punchline for decades, the weakest link in every report. Jericho's vision is to make that layer as adaptive as the attacks aimed at it.

Defend your team from new AI threats.- Jericho Security

It's a competitive lane - KnowBe4, Proofpoint, Hoxhunt, Cofense and others got here first. Jericho's argument for existing is timing: it was built AI-native, for a threat model that arrived after the incumbents shipped. Whether that's a durable moat or a head start is the open question every challenger faces. Repeat-led funding and a DoD logo suggest the bet is, at minimum, being taken seriously.

Why it matters tomorrow

The cost of fakes only falls

Every trend line here points the wrong way for defenders. Voice cloning gets cheaper. Deepfakes get easier. The volume of personalized, fluent attacks goes up, not down. In that world, training that runs once a year against last year's tricks is theater. Training that regenerates itself as fast as the threat does is closer to a real defense - which is the entire wager Jericho is built on.

So return to the phone call. It rings, and it's your CEO's voice, urgent, asking for a transfer right now. The version of this story that ends in a wire to a stranger is the default. The version where someone pauses, recognizes the shape of a trick they've seen in a drill, and says "let me call you back" - that's the outcome Jericho is selling. The wall of Jericho is famous for falling. This company would rather be famous for the people who didn't.

The most famous wall in history is remembered for falling. Jericho Security is in the business of the moment just before that - and teaching people to step back from it.- Closing note
Footnotes worth keeping
  • The strategy is, almost literally, to fight AI with AI - an AI red team attacks while an AI blue team defends.
  • Co-founder Tim Hwang also founded FiscalNote; CEO Sage Wohns previously led the NLP company Agolo.
  • Era Fund led both the pre-seed and the Series A - the same investor doubling down twice.
  • The company name nods to a wall best known for collapsing. Subtle, for a security firm.
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