2024 Revenue
$51M(Est.)
Customers
600
Funding
$506.5M
Avg ACV
$85K
Team · 2025
497
Founded
2013
Cobalt Revenue & Funding (2024)
Provider of a Pen Testing as a Service (PTaaS) platform intended to transform traditional broken pen test model into a data-driven vulnerability management engine. The company's platform delivers actionable results that empower agile teams to pinpoint, track and remediate software vulnerabilities, enabling businesses to benefit from pen test findings, faster remediation times and higher ROI for their pen test budget.
Last updated
Cobalt Revenue
In 2024, Cobalt's revenue reached $51M. The company previously reported $28M in 2023. Since its launch in 2013, Cobalt has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Cobalt Hit $51m revenue in October 2024 | Estimated |
| 2023 | Cobalt Hit $28m revenue in November 2023 | Estimated |
| 2021 | Cobalt Hit $19.6m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
Cobalt Valuation, Funding Rounds
Cobalt has not publicly disclosed its valuation. The company has raised $506.5M in total funding to date.
Cobalt has raised $506.5M in total funding across 5 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $29M | - | - | |
| 2018 | Funding round | $5M | - | - | |
| 2016 | Funding round | $1.5M | - | - | |
| 2014 | Funding round | $1M | - | - | |
| 2014 | Funding round | $470M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Cobalt serves 600 customers.
Cobalt Employees & Team Size
Cobalt employs approximately 497 people as of 2026, up from 464 in 2024, including 44 sales reps that carry a quota. It serves 600 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 497 employees (May 2025) | |
| 2024 | Reached 464 employees (December 2024) | |
| 2024 | Reached 454 employees (October 2024) | |
| 2023 | Reached 496 employees (November 2023) | |
| 2023 | Reached 464 employees (September 2023) | |
| 2023 | Reached 496 employees (January 2023) | |
| 2022 | Reached 496 employees (November 2022) | |
| 2022 | Reached 496 employees (January 2022) | |
| 2021 | Reached 403 employees (November 2021) | |
| 2021 | Reached 403 employees (August 2021) | |
| 2021 | Reached 233 employees (April 2021) |
Frequently Asked Questions about Cobalt
What is Cobalt's revenue?
Cobalt generates an estimated $51M in annual revenue.
Who founded Cobalt?
Cobalt was founded by Chris Manton-Jones.
Who is the CEO of Cobalt?
The CEO of Cobalt is Chris Manton-Jones.
How much funding does Cobalt have?
Cobalt raised $506.5M across 5 rounds.
How many employees does Cobalt have?
Cobalt has 497 employees.
Where is Cobalt headquarters?
Cobalt is headquartered in Boston, Massachusetts, United States.
Compare Cobalt to the industry
Cobalt operates across multiple industries. Browse revenue, funding, and growth data for Cobalt in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
fieldassist.com
FieldAssist is a top-tier SaaS platform providing cutting-edge Sales Transformation. It...
ESKADENIA Software
ESKADENIA Software is committed to continuously enrich its product offerings and create advanced...
FacilityBot
A facilities management software and a latest artificial intelligence-driven facilities management...
iDatalytics
iDatalytics is a full-service technology consulting and solutions firm, helping organizations work...
C-TEC
C-TEC is a leading UK independent manufacturer of quality life safety electronic systems with a...
GRV Media
GRV Media is a leading UK publisher & ad-tech provider focused primarily on sports and...
