Coalfire

Westminster, United States Founded: 2001 • Age: 25 yrs Acquired By Apax
IT security governance, risk, and compliance solutions are provided.
Request Access

About Coalfire

Coalfire is a company based in Westminster (United States) founded in 2001 was acquired by Apax in December 2019.. Coalfire has raised $12.9 million across 5 funding rounds from investors including The Carlyle Group, Apax Partners and The Chertoff Group. Coalfire has completed 3 acquisitions, including Denim Group, Neuralys and Veris Group. Coalfire offers products and services including Advisory Services, Assessment Platform, and Security Services. Coalfire operates in a competitive market with competitors including Tripwire, XM Cyber, FireMon, Axio Global and RiskRecon, among others.

  • Headquarter Westminster, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coalfire Systems, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.9 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Denim Group

    & 2 more

  • Acquired by
    Apax

    & 1 more

    (Dec 13, 2019)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Coalfire

Coalfire offers a comprehensive portfolio of products and services, including Advisory Services, Assessment Platform, and Security Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Guidance for FedRAMP and global compliance strategies

Automates audits for multiple frameworks like PCI and ISO

Threat-focused expertise in penetration testing and AI risk

People of Coalfire
Headcount 500-1000
Employee Profiles 349
Board Members and Advisors 4
Employee Profiles
People
Matthew Martino
Secops Engineer I
People
Bill Malone
President, Coalfire Federal
People
Tom Mcandrew
CEO
People
Alex Mellott
Senior Manager, Cloud Services

Unlock access to complete

Board Members and Advisors
people
Rohan Haldea
Director
people
Jim Pflaging
Director
people
Homaira Akbari
Advisor
people
Mike Nefkens
Director

Unlock access to complete

Funding Insights of Coalfire

Coalfire has successfully raised a total of $12.9M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round
  • First Round

    (09 Feb 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Series B - Coalfire Valuation

investors

Feb, 2013 Amount Series B - Coalfire Valuation

investors

Jan, 2013 Amount Series A - Coalfire Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Coalfire

Coalfire has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Apax Partners and The Chertoff Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Coalfire

Coalfire has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Denim Group, Neuralys and Veris Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based platform for risk mitigation and security orchestration
2015
Cybersecurity consulting and assessment solutions are provided to clients.
2005
Vulnerability management solutions and cybersecurity consultancy services are offered.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Coalfire

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Coalfire Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Coalfire

Coalfire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tripwire, XM Cyber, FireMon, Axio Global and RiskRecon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cybersecurity solutions are provided for integrity and compliance management.
domain founded_year HQ Location
Cyber risk and vulnerability assessments are provided for enterprises.
domain founded_year HQ Location
Vulnerability assessment and management solutions for networks are provided.
domain founded_year HQ Location
Cyber risk management, mitigation, and insurance solutions are provided.
domain founded_year HQ Location
Provides solutions for third party, supply chain and enterprise risk management
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Coalfire

Frequently Asked Questions about Coalfire

When was Coalfire founded?

Coalfire was founded in 2001 and raised its 1st funding round 10 years after it was founded.

Where is Coalfire located?

Coalfire is headquartered in Westminster, United States.

Is Coalfire a funded company?

Coalfire is a funded company, having raised a total of $12.9M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.55M, raised on Feb 09, 2011.

What does Coalfire do?

CoalFire is an IT security GRC company that specializes in IT audit, risk assessment, and compliance management solutions. It has many projects in retail, financial services, government, and utilities. Its solutions adhere to various compliance regulations like GGBA, FFIEC, HITRUST, and others. It also offers a certification program to validate websites that follow industry standards. Its clientele includes Axa, Amazon, CenturyLink, Cerner, and many others. It was listed as No. 74 in the Cybersecurity 500 Hottest Security Companies and was recently named one of the Top 20 Most Promising Risk Management Solution Providers.

Who are the top competitors of Coalfire?

Coalfire's top competitors include Tripwire, Axio Global and XM Cyber.

What products or services does Coalfire offer?

Coalfire offers Advisory Services, Assessment Platform, and Security Services.

How many acquisitions has Coalfire made?

Coalfire has made 3 acquisitions, including Denim Group, Neuralys, and Veris Group.

Who are Coalfire's investors?

Coalfire has 4 investors. Key investors include The Carlyle Group, Apax Partners, The Chertoff Group, and Baird Capital.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available