MokN
Parisian cybersecurity startup specialising in active identity recovery: intercepting stolen credentials, cookies and sessions and rendering them unusable before abuse.
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Podcast Episode
🎙️ Deep Dive
Fonoa, Geordie AI, MokN — $110M tax AI, agent governance and identity recovery — Daily News May 29, 2026
Listen to the episodeAbout MokN
MokN was founded in Paris in 2023 to invert the logic of defence against credential theft. Rather than passively blocking attacks, MokN uses active decoys — its first product is called Baits — that simulate realistic corporate portals (VPN, webmail, SSO) to trick attackers and recover stolen credentials before they are used. In 2026 it closed a $15M Series A led by GV (Google Ventures), in what was GV's first investment in a French startup.
The Story
Founded in 2023 in Paris; founders to verify.
How MokN works
Business Model
B2B SaaS for enterprises with identity protection requirements.
Revenue Model
Not verified; likely enterprise subscription.
Products & Services
Key Products
- Baits (decoy access points for credential recovery)
- Active identity recovery platform
Core Use Cases
- Credential theft detection
- Phishing countermeasures
- Identity recovery
- Session hijacking prevention
Market & Clients
Key Customers
Enterprise companies in industries with high credential theft exposure; specific customers not disclosed.
Geographic Presence
How MokN competes
Competitors
Competitive Advantages
- Active recovery approach (vs passive detection)
- Baits product for realistic decoy portals
- GV and Datadog backing
How MokN grows
Growth Strategy
Expand to US market and deepen enterprise customer base.
Distribution Model
B2B enterprise direct sales.
Moat (Defensibility)
Proprietary decoy technology, attacker intelligence gathered through Baits, and first-mover in active identity recovery.
Regulatory Context
Relevant to GDPR, NIS2, and enterprise data protection regulations in EU markets.
Key Risks
- Market education on active recovery approach
- Integration with existing security stacks
- Competition from larger security vendors
Strategic Insights
- Credential theft is a systemic threat: passive defence is insufficient when data has already been exfiltrated.
- The active approach (decoys, intelligent honeypots) allows action before credentials are used.
- GV as first French investor is a strong international credibility signal for European cybersecurity.
Funding & Investors
Funding Rounds
- 2026 - Series A: $15M
Lead: GV
Key Investors
Key Metrics
Lessons from MokN
- In cybersecurity, advantage often comes from thinking like the attacker.
- Enterprise security markets have long adoption cycles but high retention: worth building for the long term.
- A tier-1 international investor at the first European round changes the startup's positioning.
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