Jericho Security, a New York-based startup founded in 2023, has successfully raised $15 million in Series A funding to enhance its AI-driven cybersecurity training platform, bringing its total funding to $20 million.

Jericho gained significant recognition after securing a Pentagon contract aimed at protecting military personnel from sophisticated phishing attacks.

The company specializes in developing AI-powered training solutions that address emerging cybersecurity threats, including phishing and AI-enabled deepfakes.

Deepfake fraud has escalated in 2025, resulting in over $200 million in losses globally in the first quarter alone, with North America experiencing the highest rates.

Their adaptive AI training approach has proven effective, making employees 64% less likely to fall victim to phishing attempts compared to traditional training methods.

The platform provides hyper-realistic personalized attack simulations that help employees recognize real-world threats, complete with progress tracking and escalating difficulty.

CEO Sage Wohns has highlighted the necessity for innovative defenses against evolving cyber threats, asserting that traditional security measures are no longer sufficient.

In a bid to make their services more accessible, Jericho has launched a self-service platform aimed at small and medium businesses, simplifying the procurement process.

A notable incident underscoring the risks of deepfake technology involved a CFO in Singapore who lost nearly $500,000 due to a deepfake impersonation during a video call.

The Series A funding round was led by Era Fund, with contributions from several investors including Lux Capital and Gaingels.

The raised funds will be allocated towards expanding research and development, enhancing marketing strategies, and recruiting talent in the fields of AI and cybersecurity.

Jericho's training materials leverage dark web intelligence to replicate attacker techniques, offering customized simulations that adapt to the specific needs of each team member.