What Black Cube does

Black Cube is a boutique private intelligence firm founded in 2011 by veterans of Israel's elite military intelligence units, headquartered in Tel-Aviv with additional offices in London, Madrid, and Singapore. The firm delivers five integrated service lines — litigation support, white-collar crime investigation, asset recovery, uncovering of negative/defamation campaigns, and counter-intelligence — for law firms, corporates, financial institutions, and high-net-worth individuals engaged in high-stakes international disputes and arbitrations.

The company's core technology is a proprietary Human Intelligence (HUMINT) methodology, in which former Israeli intelligence officers and trained operatives construct multi-person cover stories and conduct covert field operations to obtain evidence that conventional OSINT or legal discovery cannot secure. This is supplemented by OSINT capabilities and unspecified "cutting-edge technology" and supported by a multilingual operational base (30+ languages) enabling work across 75+ countries. Black Cube claims 540+ cases handled, $5.3 billion in client assets recovered, and $14.7 billion won in verdicts or out-of-court settlements.

Commercially, Black Cube operates a sales-led, direct-engagement model with bespoke, project-based pricing; individual complex investigations have been reported at £1.8 million or more (e.g., the Playtech engagement). Revenue derives primarily from professional-services fees on litigation support, white-collar crime, and asset recovery mandates, supplemented by counter-intelligence retainers and a small allocation of pro bono work. The firm is privately held under the legal entity B.C. Strategy UK Limited, registered in England and Wales, with CEO Dan Zorella, CFO Dr. Avi Yanus, and an advisory board populated by former heads of Mossad, the Israeli Police, the IDF, and the City of London Police. The most recent disclosed capital event is a $13 million Series 3 round in April 2019 with BlackRock as the named investor.

Name

Black Cube

Legal name

B.C. Strategy UK Limited

Website

https://blackcube.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Black Cube is a boutique private intelligence firm founded in 2011 by Israeli intelligence veterans that conducts HUMINT-led investigations in litigation support, white-collar crime, asset recovery, counter-intelligence, and uncovering negative campaigns for law firms, corporates, and financial institutions across 75+ countries.

Ownership category

akta.pro rank

Product category

Private Intelligence Services

NAICS

Investigation and Personal Background Check Services (561611)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Digital/Online Investigations & OSINT (Non-cyber) (BPAKAEAF)

Keywords

• Human intelligence services
• Litigation support services
• Asset recovery services
• White-collar crime investigation
• Corporate intelligence services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Intelligence Services - Litigation Support: Project-based fees for gathering intelligence and evidence to support complex legal disputes, arbitrations, and court cases. Evidence gathered is submitted to courts, making operations public and demonstrating methodology.
2. Intelligence Services - White Collar Crime Investigation: Fees for investigating financial crimes including fraud, corruption, bribery, money laundering, embezzlement, and tax evasion. Services include both proving wrongdoing for claimants and proving innocence for defendants.
3. Asset Recovery Services: Concealed asset tracing and recovery engagements, typically on contingency or success-fee basis, with reported cases of recovering NIS 100M+ for clients.
4. Counter Intelligence Services: Protection services against espionage, corporate sabotage, and hostile intelligence activities, paired with cutting-edge technology.
5. Pro Bono Services: Free services for worthy causes with significant social impact, including disaster investigation, criminal trafficking exposure, and fraud uncovering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Black Cube is a boutique private intelligence firm that delivers tailored Human Intelligence (HUMINT) services — supported by OSINT capabilities and cutting-edge technology — to obtain hard evidence for complex litigations, arbitrations, white-collar crime cases, asset recovery matters, negative campaigns, and counter intelligence engagements. Services are delivered globally by former Israeli intelligence operatives fluent in 30+ languages, operating across 75+ countries on behalf of law firms, corporations, financial institutions, and high-value individuals.

Product overview

Black Cube is a boutique private intelligence firm offering a unified portfolio of intelligence collection and analysis services. The core offering consists of five interconnected service lines: Litigation Support, White Collar Crime investigation, Asset Recovery, Uncovering Negative Campaigns, and Counter Intelligence. All services are delivered through a proprietary Human Intelligence (HUMINT) methodology combined with Open Source Intelligence (OSINT) capabilities and cutting-edge technology. The services target high-profile international litigations, arbitrations, and white-collar crime cases where evidence seems impossible to obtain through conventional means. The company operates globally across 75+ countries with offices in Tel-Aviv, London, Madrid, and Singapore.

Differentiator

Problem solved

Functional benefit

Products and services

• Litigation Support

Quantifiable outcome

• $5.3 billion USD in assets recovered for clients
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Kroll: Global investigations, due diligence, cyber, and risk advisory firm with a much larger scale. Directly comparable to Black Cube on corporate investigations, asset tracing, and litigation support, though Kroll's broader portfolio dilutes the intelligence-only focus.
• FTI Consulting: Large global advisory with a forensic and litigation consulting segment covering investigations, asset tracing, and dispute support. Overlaps with Black Cube's services but at significantly larger scale and broader portfolio.
• Berkeley Research Group (BRG): Global consulting firm with a dedicated investigations and asset-recovery practice serving law firms and corporates in cross-border disputes. Comparable service lines, though BRG's economics are driven by broader expert-services work.

Direct peers

• Control Risks: London-headquartered political risk, integrity, and investigations consultancy serving corporations and law firms on complex cross-border disputes. Highly comparable on white-collar, asset tracing, and high-stakes investigations, with similar reliance on HUMINT-style fieldwork.
• Mintz Group: Boutique investigations firm specializing in fact-finding for litigation, arbitration, and due diligence. Closely comparable on service mix (litigation support, asset tracing, anti-corruption), boutique positioning, and target client base of law firms and corporates.
• S-RM Intelligence and Risk Consulting: Independent corporate intelligence and cyber consultancy delivering investigations, due diligence, and dispute-related intelligence. Overlaps directly with Black Cube's litigation-support and white-collar investigations work for similar enterprise clients.
• Hakluyt & Company: London-based strategic intelligence firm founded by former British intelligence officers serving large corporates. Closely comparable to Black Cube on HUMINT-led approach, target customer base, and high-end bespoke engagements.
• Nardello & Co. U.S.-headquartered investigative firm focused on complex cross-border investigations for law firms, corporates, and HNW individuals. Direct comparable on litigation support, asset recovery, and reputation-protection mandates.

Emerging players

• Eurasia Group / GZERO Media: Political risk advisory firm covering geopolitical intelligence, sanctions, and cross-border risk for corporates. Adjacent to Black Cube's counter-intelligence and reputation work, with partial overlap on geopolitical-risk mandates.
• Qverity: Specialized OSINT and corporate intelligence firm with a technology-led delivery model. Comparable on digital investigations and OSINT components of Black Cube's methodology, though without the HUMINT field-deployment layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Black Cube