Coro

Coro is a technology company.

Active

Website LinkedIn X

Updated: Feb 17, 2026 ·

Recent News & Mentions

Mar 1, 2024FundingCoro - Series D Apr 1, 2023FundingCoro - Series C Apr 1, 2022FundingCoro - Series C

Financial History

Coro has raised $235.0M across 3 funding rounds. Most recently, it raised $100.0M Series D in March 2024.

Total Raised

$235.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
Mar 1, 2024	$100.0M Series D	Anthemis Group, Balderton Capital, Energy Impact Partners, MMC Ventures, Nexus Venture Partners, Outrun Ventures
Apr 1, 2023	$75.0M Series C	Energy Impact Partners, Nexus Venture Partners
Apr 1, 2022	$60.0M Series C	Anthemis Group, Balderton Capital, Engineering Capital, Jerusalem Venture Partners (JVP), MMC Ventures, NEVA SGR, Outrun Ventures, Samsung NEXT Ventures, Zeev Capital, Ron Zuckerman

Financial History

Coro has raised $235.0M across 3 funding rounds.

Total Raised

$235.0M

Valuation

N/A

Deep Dive

High-Level Overview

Coro is a cybersecurity company providing a modular, AI-powered platform for mid-market businesses, designed to protect endpoints, email, cloud applications, data, users, and networks against threats like ransomware, phishing, malware, and insider risks.[1][2][5] It serves IT teams in sectors including healthcare, finance, education, and government, solving the problem of complex, resource-intensive security by offering automated detection, remediation, and simple management without disrupting operations.[1][2] Coro emphasizes non-disruptive security—holistic protection with ease of use and affordability—enabling lean IT teams to focus on business growth rather than constant troubleshooting.[2][5] The company has shown strong growth momentum, raising $100 million in Series D funding in March 2024 (totaling $255 million over 24 months), acquiring its first company (Privatise), expanding globally with 330 employees across offices in Chicago, New York, London, and Tel Aviv, and ranking on the 2024 Deloitte Technology Fast 500 for the second year.[1][3]

Origin Story

Founded in 2014 with roots in Tel Aviv, Israel, and now headquartered in Chicago, Illinois, Coro emerged to address the cybersecurity needs of small and midsize businesses overburdened by complex, expensive tools.[1][3][4] The company's backstory centers on creating non-disruptive security, born from the principle that protection should not hinder productivity or affordability, using a single AI-driven engine to automate threat handling across vectors.[2] Early development focused on modular design for easy deployment, leading to pivotal growth: rapid scaling to 330 employees, global offices, a Series D raise in 2024, and its first acquisition of Privatise to bolster the SaaS platform.[3] This evolution reflects a shift from startup origins to a pre-IPO leader, recognized as a Great Place to Work with awards like #35 on Fortune's Best Workplaces in Technology (2023).[4]

Core Differentiators

Coro stands out in the crowded cybersecurity market through these key strengths:

Modular, AI-Powered Platform: Snap-together modules for endpoints, email, cloud apps, data, users, and networks—no integrations needed; AI core automatically detects and remediates most threats, surfacing only issues needing human input.[1][2][3][5]
Non-Disruptive Ease of Use: Simple dashboard and setup work "right out of the box," minimizing IT overhead and user disruption while prioritizing business-critical security.[2][5]
Unmatched Affordability: Nimble pricing beats industry standards, making enterprise-grade protection accessible for mid-market without high costs.[2]
Proven Scalability and Momentum: Protects dynamic environments, supports global expansion, and drives efficiency for lean teams, backed by customer praise for robust email protection, endpoint defense, and compliance alerts.[1][5]

Role in the Broader Tech Landscape

Coro rides the rising tide of mid-market cybersecurity demands, where SMBs face escalating threats like ransomware and phishing but lack resources for enterprise tools—timing amplified by AI advancements enabling smarter automation.[1][2] Market forces favoring Coro include the shift to cloud/hybrid work, regulatory pressures in healthcare/finance, and the need for affordable, scalable defenses amid talent shortages in IT security.[1][5] By democratizing holistic, automated protection, Coro influences the ecosystem, empowering resellers/partners (e.g., recent P2 Software deal) and reducing barriers for millions of growing businesses, fostering resilience without complexity.[1][2]

Quick Take & Future Outlook

Coro is poised for accelerated growth as a pre-IPO contender, leveraging its $255 million war chest for platform enhancements, headcount expansion, and global reach toward an anticipated public offering.[3] Trends like AI-driven threat evolution, zero-trust adoption, and SMB digital transformation will shape its path, potentially amplifying influence through more acquisitions and partnerships.[1][3] Its modular model positions it to capture market share from legacy vendors, evolving from mid-market specialist to broader enterprise player—reinforcing its founding mission of simple, smart security for an increasingly threat-exposed world.[2]

Sources

Frequently Asked Questions

How much funding has Coro raised?

Coro has raised $235.0M in total across 3 funding rounds.

Who are Coro's investors?

Coro's investors include Anthemis Group, Balderton Capital, Energy Impact Partners, MMC Ventures, Nexus Venture Partners, Outrun Ventures, Engineering Capital, Jerusalem Venture Partners (JVP), NEVA SGR, Samsung NEXT Ventures, Zeev Capital, Ron Zuckerman.