Coro

Coro is a New York–based startup that provides an all-in-one cybersecurity platform for SMBs and the mid-market. Its product bundle covers email protection, endpoint protection and cloud protection to serve companies that lack dedicated security teams and budgets. The company reported recurring revenues grew 300% in the last year, driven by traction in the 50–2,000 employee segment and channel distribution via ISPs. Coro competes with large providers like CrowdStrike as well as younger firms such as CyberSmart and Guardz. The company plans to scale internationally starting in Europe and to continue R&D focused on integrating more AI tooling into its platform. Strong growth and go-to-market momentum attracted later-stage investors for this round. Coro is a modern cybersecurity platform that unifies protection across users, devices, email, data, and cloud applications into a single, AI-powered SaaS offering for mid-market organizations. The platform automates detection and remediation, offloading 95% of the security workload from IT. Coro says it has more than 5,000 mid-market customers and has tripled its revenue, customer and employee base over the past year. The company signed 100+ new channel partners and is expanding its footprint with a business enablement center in Chicago. Coro projects it will grow 300% year‑over‑year in 2023 and plans to use new capital to expand R&D, channel, sales, and service teams. The company also intends to expand platform capabilities both organically and via strategic acquisitions. Customer growth spans financial services, transportation and logistics, education, healthcare, retail, manufacturing, and professional services. Coro builds an all-in-one, SaaS cyber protection platform that monitors devices, users, email, networks, data and apps and automates remediation for mid-market companies. The company built the full stack itself with no third-party integrations, underpinned by a single AI engine fed from every attack vector, and claims to automate 95% of a typical business's security workload. Coro pivoted from consumer WiFi protection (formerly CoroNet) about three years ago to focus on mid-market security and says it has grown roughly 300% each year since, covering some 4 million users across 4,500 businesses. Priced at $7 per user per month, the company says a comparable package of point solutions would cost $45–$115 per user per month. Coro plans to use the new funding to continue doubling down on the underserved mid-market segment. The company is based in Israel with substantial U.S. operations in New York and Chicago and has raised about $120 million to date.