Cobalt - About the company
Cobalt is a series B company based in San Francisco (United States), founded in 2013 by Jacob Hansen. It operates as a Provider of penetration testing as a service and offensive security. Cobalt has raised $36.6M in funding from investors like 500 Global, Kima Ventures and Alchemist Accelerator. The company has 370 active competitors, including 57 funded and 36 that have exited. Its top competitors include companies like Snyk, Veracode and Checkmarx.
Company Details
Provider of penetration testing as a service and offensive security. The company offers a platform that combines technology with security experts to deliver insights. It provides application, network, and cloud security services. The company also offers digital risk assessment, red teaming, and attack surface management.
- Website
- www.cobalt.io/
- Social
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series B
Total Funding
$36.6M in 5 rounds
Latest Funding Round
Investors
Ranked
4th among 370 active competitors
Employee Count
597 as on Jun 30, 2026
Legal entities associated with Cobalt
Cobalt is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cobalt Labs Germany GmbH CIN: HRB194580 , Germany, Active | Mar 18, 2018 | - | 57 (As on Dec 31, 2020) | |
Cobalt Labs, Inc. CIN: 20208051113 , United States, Active | Dec 02, 2020 | - | - | - |
COBALT LABS INC CIN: 371747923 , United States, Active | Dec 31, 2012 | - | 94 (As on Dec 31, 2024) | - |
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Cobalt's funding and investors
Cobalt has raised a total funding of $36.6M over 5 rounds. Its first funding round was on May 06, 2014. Its latest funding round was a Series B round on Aug 20, 2020 for $*****. 8 investors participated in its latest round. Cobalt has 17 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Cobalt:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2020 | 4277222 | Series B | 8246653 | 9060386 | 4366522 | 9599812 |
May 02, 2018 | 7453279 | Series A | 3758545 | 5557750 | 8818360 | |
Aug 17, 2016 | 6481642 | Seed | 8752874 | 8587695 | 8063521 |
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Cobalt's founders and board of directors
Founder? Claim ProfileThe founders of Cobalt is Jacob Hansen. Sonali Shah is the CEO of Cobalt.
Here are the details of Cobalt's key team members:
- Jacob Hansen: Co-Founder of Cobalt. Contact Info: 1 email address
- Sonali Shah: CEO of Cobalt. Contact Info: 1 email address
View details of Cobalt's Founder profiles and Board Members
Cobalt's employee count trend
Cobalt has 597 employees as of Jun 26. Here is Cobalt's employee count trend over the years:
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Cobalt's Competitors and alternates
Top competitors of Cobalt include Snyk, Veracode and Checkmarx. Here is the list of Top 10 competitors of Cobalt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Snyk 2015, Boston (United States), Series G | Provider of a platform securing code, models, and agents in applications | $1.32B | 77/100 | |
2nd | Veracode 2006, Burlington (United States), Acquired | Provider of software security testing and automated code remediation tools | $107M | 74/100 | |
3rd |  Checkmarx 2006, Atlanta (United States), Acquired | Provider of application security platform unifying testing, monitoring, and remediation | $98.5M | 72/100 | |
4th | Cobalt 2013, San Francisco (United States), Series B | Provider of penetration testing as a service and offensive security | $36.6M | 71/100 | |
5th | HackerOne 2012, San Francisco (United States), Series E | AI powered security testing platform | $159M | 70/100 | |
6th | Synack 2013, San Francisco (United States), Series D | Platform offering security testing solution | $112M | 70/100 | |
7th | Bugcrowd 2012, San Francisco (United States), Series E | Provider of crowdsourced security platform offering vulnerability disclosure and penetration testing | $184M | 66/100 | |
8th | Invicti 2006, Austin (United States), Series B | Provider of web application and API security testing and management | $665M | 66/100 | |
9th | XBOW 2024, Seattle (United States), Series C | AI-powered autonomous penetration testing platform | $270M | 65/100 | |
10th | Semgrep 2017, San Francisco (United States), Series D | Platform offering code analysis and review solutions | $193M | 63/100 |
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Cobalt's Investments and acquisitions
Cobalt has made no investments or acquisitions yet.
Reports related to Cobalt
Here is the latest report on Cobalt's sector:
News related to Cobalt
Filter this listMedia has covered Cobalt for a total of 19 events in the last 1 year, 8 of them have been about company updates and 3 about people movement.
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Cobalt Wins 2026 Fortress Cybersecurity Award for Continuous Exposure ManagementBusiness Wire•Jun 02, 2026•Cobalt
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Cobalt Appoints Cybersecurity Pioneer Tony Spinelli to Board of DirectorsBusiness Wire•Apr 09, 2026•Cobalt
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Cobalt Earns Five Industry Awards at RSAC 2026, Recognized for Leadership in PTaaS and CTEMBusiness Wire•Mar 25, 2026•Cobalt
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Cobalt Appoints Paul Zymba and Deepak Dalvi to Strengthen Product Innovation and Customer SuccessBusiness Wire•Feb 10, 2026•Cobalt
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