Overview

Coro offers comprehensive security solutions tailored for mid-sized businesses, protecting them from various cyber threats such as malware, ransomware, phishing, and account takeovers. Its all-in-one platform utilizes AI technology to automatically detect and address security issues across devices, users, and cloud applications, allowing organizations to maintain security without needing extensive IT resources. Unlike many competitors, Coro focuses on providing a user-friendly experience and affordability, making it accessible for businesses that may not have large IT teams. The goal of Coro is to empower organizations to safeguard their digital environments efficiently and effectively.

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Simplify's Take

What believers are saying

• Coro's $100 million funding round supports global expansion and R&D innovation.
• Winning the Global Infosec Award 2025 boosts Coro's credibility in SMB cybersecurity.
• Coro's focus on SMBs aligns with increased cybersecurity compliance and regulation needs.

What critics are saying

• Rapid expansion into Australia and South Africa may strain Coro's operational capabilities.
• Reliance on channel partners could risk market penetration if partners underperform.
• Aggressive growth strategy may lead to financial instability if not managed carefully.

What makes Coro unique

• Coro offers a modular cybersecurity platform with 14 integrated modules for SMBs.
• Coro's Security Awareness Training module addresses the human security gap in SMBs.
• Coro's partnerships with Bluechip and Symbiosys enhance its regional market expertise.

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Funding

Total Funding

$293M

Above

Industry Average

Funded Over

5 Rounds

$100,000,000

Series D

Mar 2024

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$100M

View all funding stages