Aura, an AI-enabled digital protection platform, has successfully closed its Series G funding round, raising $140 million in equity and debt. This investment elevates the company’s valuation to $1.6 billion. The round, which closed in August 2024, was led by Ten Eleven Ventures and Madrone Capital, with participation from new investor AT&T Ventures and existing investors General Catalyst, Warburg Pincus, and Accel. Aura, based in Boston, provides comprehensive online protection for families and individuals, focusing on defense against identity theft, scams, and online threats. The platform includes tools developed in collaboration with child psychologists to combat online bullying and promote healthy screen time. Features for caregivers include setting screen time limits, blocking inappropriate websites, and receiving real-time alerts about cyberbullying or predators in online games. Each adult member of Aura is covered by $1 million in insurance for identity theft-related losses and fees. Additional services include credit monitoring, spam call protection, a password manager, and antivirus software. The funds will be used to enhance Aura’s intelligent safety features. Research indicates that cyberbullying is linked to depression, substance use, somatic symptoms, and suicidality among U.S. middle and high school students.
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