Cobalt

Subscription-based penetration testing services for enterprises

San Francisco, California, United States

About Cobalt

Cobalt provides penetration testing as a service (PtaaS) to help organizations identify and fix vulnerabilities in their digital assets. Their service involves simulating cyberattacks to assess security weaknesses, which is essential for businesses that need to protect sensitive information. Cobalt primarily targets enterprises, including educational institutions, financial services, and technology companies, offering a subscription-based model that allows clients to access continuous, on-demand penetration testing without needing in-house security experts. This approach is different from traditional methods as it provides a scalable and efficient solution for ongoing security assessments. Cobalt's goal is to enhance the cybersecurity posture of its clients by ensuring they can regularly evaluate and improve their defenses against cyber threats.

San Francisco, CaliforniaHeadquarters
2013Year Founded
$35.5MTotal Funding
SERIES_BCompany Stage
CybersecurityIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Parental Leave
Wellness Program
Home Office Stipend
Professional Development Budget

Risks

Departure of key personnel to competitors may impact strategic insights.
Decline in cybersecurity funding could limit Cobalt's growth opportunities.
Rising AI-driven cyber-attacks pose challenges to Cobalt's client security.

Differentiation

Cobalt offers a unique Pentest as a Service (PtaaS) model for agile security.
Their closed community of 400+ testers ensures high-quality, continuous penetration testing.
Cobalt's SOC 2 Type 1 certification highlights their commitment to security standards.

Upsides

Growing demand for agile pentesting solutions boosts Cobalt's market potential.
AI-driven cyber threats increase the need for Cobalt's services.
Market consolidation may allow Cobalt to expand through acquisitions.

Funding

Total raised$35.50 M
Latest valuation$145.00 M
StageSERIES_B