What is Coro?
Coro is built on the principle of providing holistic security protection with exceptional ease of use and affordability. The platform is designed to surface only the issues that require human expertise, functioning as a productivity solution for IT security teams. Its easy installation and operation enable IT professionals to quickly configure security measures critical to their business operations, ensuring robust protection without overwhelming resources.
How much funding has Coro raised?
Coro has raised a total of $235M across 3 funding rounds:
Series C
$60M
Other Financing Round
$75M
Series D
$100M
Series C (2022): $60M with participation from Jerusalem Venture Partners and Balderton
Other Financing Round (2023): $75M led by Energy Impact Partners, Jerusalem Venture Partners, and Balderton
Series D (2024): $100M supported by Energy Impact Partners, One Peak Partners, and Balderton Capital
Key Investors in Coro
Jerusalem Venture Partners
Founded in 1993, JVP is an international venture capital firm specializing in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage, and cyber security. JVP is located in Israel.
Balderton
Balderton Capital is a London-based venture capital firm that raises dedicated funds to invest in early-stage, high-growth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scale-up and exits.
Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future. The firm collaborates with leading innovators and major energy companies to foster a cleaner and more resilient energy landscape.
What's next for Coro?
With its recent Series D financing and substantial total capital raised, Coro is poised for accelerated growth and market penetration. The strategic investment, particularly from entities like Energy Impact Partners and One Peak Partners, suggests a focus on scaling operations and potentially expanding into new markets or enhancing its technological capabilities. This backing indicates strong investor confidence in Coro's innovative approach to cybersecurity and its potential to capture a larger share of the enterprise security market.
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