According to Hamilton’s Selfish Herd Theory, a crucial survival benefit of group living is that it provides a ‘risk dilution’ function against predation. Despite a large literature on group living benefits in animals, few studies have been conducted on how group size alters subjective fear or threat perception in humans, and on what factors drive preferences for being in groups when facing threats. We conducted seven experiments (N=3,838) to test (A) if the presence of others decreases perception of threat under a variety of conditions. In studies 1 to 3, we experimentally manipulated group size in hypothetical and real-world situations, to show that fear responses decreased as group size increased. In studies 4 to 7 we again used a combination of hypothetical, virtual and real-world decisions to test (B) how internal states (e.g. anxiety) and external factors (e.g. threat level, availability of help) affected participants’ preference for groups. Participants consistently chose larger groups when threat and anxiety were high. Overall, our findings show that group size provides a salient signal of protection and safety.