Cobalt

Cobalt

Subscription-based penetration testing services for enterprises

About

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.

Company Stage

Series B

Employees

201-500

Industries

Cybersecurity

Total Funding

$35.5M

Headquarters

San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Cobalt unique

  • 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.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-1%

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

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