Additional Info

Websitehttp://www.coro.net
Company size (employees)100 to 499
Headquarters RegionNorth America

Overview

Coro is the leading cybersecurity platform for the hundreds of thousands of SME and midmarket companies whose limited budgets, lean IT teams and lack of cybersecurity expertise make them prime targets for cyberattacks. Coro’s dedication to protecting and empowering SMEs and midmarket companies has been a cornerstone of its success, driving remarkable growth and catapulting Coro to a market leadership position within a few short years.

Over the past 12 months, Coro has continued to achieve tremendous growth and milestones. The Company raised a total of $255 million in funding, acquired its first company, Privatise, added 300 new channel partners, opened its UK R& D Center, and was named to the inaugural 2023 Fortune Cyber 60 and the 2023 Deloitte Technology Fast 500, making Coro one of the fastest growing cybersecurity companies in North America today.

The reality is that enterprise security tools – designed for large teams with vast resources – have failed SMEs and the midmarket. With limited staff and budgets, midsized clients struggle with the complexity of managing multiple security tools. To address their unique challenges, Coro created a new cybersecurity paradigm in 2023 with the launch of Coro 3.0., the world’s first modular cybersecurity platform. Coro’s platform was designed from the ground up to offload work from lean IT teams by simplifying and automating cybersecurity. Coro 3.0 consolidates critical security capabilities into a single platform that’s easy to manage, reduces operational workload and complexity, and scales as you grow. Coro automatically remediates threats, eliminating the security gaps caused by multiple tools in the security stack while offering the lowest total cost of ownership on the market today.

Thanks to Coro’s innovative platform approach and responsive service and support, Coro expanded its customer base across every industry vertical in 2023, backed by stellar customer reviews and testimonials.

How we are different

Record Revenue and Financial Growth


In 2023, Coro achieved 300% year-over-year growth for a record fifth year in a row. The Company raised $255 million over the last 24 months, including a $100 million Series D funding round led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital. Based on its 4861% revenue growth, Coro was named to the 2023 Deloitte Technology Fast 500, making Coro one of the fastest growing cybersecurity companies in North America.


Aggressive Channel and International Growth


As a channel-first organization, Coro invested heavily across its sales and channel program in 2023. Coro added 300 new channel partners, expanded its channel headcount by nearly 500%, and established a business enablement center in Chicago to support its direct sales and channel partner ecosystem. The Company also expanded globally with the opening of its UK R&D Center and data centers in both Canada and Germany to facilitate the regional expansion of both channel partnerships and customers.


Impressive Accolades from Industry and Customers


Coro is committed to developing innovative cybersecurity solutions to help protect the midmarket; the company created a new paradigm with the launch of the industry's first modular cybersecurity platform. Throughout 2023, Coro received numerous customer and industry accolades for its products and workplace culture – Coro was awarded 40+ badges from G2 customer peer reviews, with awards for: Easiest to Use, Easiest to Do Business With, Best Support and Best Estimated ROI. Coro’s EDR capabilities scored a perfect 100% accuracy in testing conducted by SE Labs, and Coro was named by SC Magazine as one of the Top 5 security solutions for the SME market. Coro was also named 100 Best Medium Workplaces to work in 2023 by Fortune Media and Great Place to Work.