About Cobalt
Cobalt is a company based in San Francisco (United States) founded in 2013 by Bryan Millstein, Bart Dickson, and Jakob Storm. It operates as a PTaaS (Penetration Testing as a Service), and Subscription Services. Cobalt has raised $37.55 million across 6 funding rounds from investors including Plug and Play Tech Center, eLab Ventures and Highland Europe. Cobalt offers products and services including Cobalt Platform, Application Security, and Network & Cloud Security. Cobalt operates in a competitive market with competitors including Pentera, Astra, Code Intelligence, Cytix and Fuzzbuzz, among others.
- Headquarter San Francisco, United States
- Founders Bryan Millstein, Bart Dickson, Jakob Storm
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Cobalt Labs Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.55 M (USD)
in 6 rounds
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Latest Funding Round
$29.05 M (USD), Series B
Aug 20, 2020
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Investors
Plug and Play Tech Center
& 19 more
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Employee Count
Employee Count
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Products & Services of Cobalt
Cobalt offers a comprehensive portfolio of products and services, including Cobalt Platform, Application Security, and Network & Cloud Security. 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.
Modern platform for on-demand penetration testing services.
Services for securing applications through comprehensive pentesting.
Penetration testing for network and cloud environments.
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Funding Insights of Cobalt
Cobalt has successfully raised a total of $37.55M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $29.05 million completed in August 2020. 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 Funding
- Total Rounds 6
- Last Round Series B — $29.1M
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First Round
First Round
(06 May 2014)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Cobalt | Valuation | Highland Europe | |
| May, 2018 | Amount | Series A - Cobalt | Valuation |
investors |
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| Aug, 2016 | Amount | Seed - Cobalt | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cobalt
Cobalt has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include Plug and Play Tech Center, eLab Ventures and Highland Europe. 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.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage consumer and enterprise technology companies are funded.
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Founded Year | Domain | Location | |
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Early-stage centric VC firm investing primarily in the Nordics
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Founded Year | Domain | Location | |
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Early-stage VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cobalt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cobalt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cobalt Comparisons
Competitors of Cobalt
Cobalt 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 Pentera, Astra, Code Intelligence, Cytix and Fuzzbuzz, 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 |
Cloud-based penetration testing solutions are provided for cybersecurity validation.
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| domain | founded_year | HQ Location |
Cloud-based penetration testing software is provided for vulnerability assessments.
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| domain | founded_year | HQ Location |
Vulnerability assessment and fuzz testing solutions for software are provided.
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| domain | founded_year | HQ Location |
Cyber risks and vulnerabilities are assessed via a cloud platform.
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| domain | founded_year | HQ Location |
Cloud automated fuzz testing tools are provided for developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cobalt
Frequently Asked Questions about Cobalt
When was Cobalt founded?
Cobalt was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Cobalt located?
Cobalt is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Cobalt a funded company?
Cobalt is a funded company, having raised a total of $37.55M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 06, 2014.
What does Cobalt do?
Cobalt is established as a pioneer in penetration testing as a service (PTaaS), offering a modern offensive security platform. Services are provided across various sectors including application security, network and cloud security, and information security. Solutions are tailored for small businesses to enterprises, focusing on continuous testing, fix validation, and strategic guidance. The platform integrates automation and human-led expertise to identify and remediate vulnerabilities efficiently. Comprehensive cybersecurity services are delivered to enhance agility and reduce risks across attack surfaces.
What products or services does Cobalt offer?
Cobalt offers Cobalt Platform, Application Security, and Network & Cloud Security.
Who are Cobalt's investors?
Cobalt has 20 investors. Key investors include Plug and Play Tech Center, eLab Ventures, Highland Europe, Scott Belsky, and Gary Swart.
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