Cork

Cork

Cyber warranty platform for MSPs, offering real-time attack surface analytics and instant financial loss coverage. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD33—49m (Dealroom.co estimates May 2023.)
Irvine California (HQ)
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DateInvestorsAmountRound

$6.0m

Seed
*

$6.0m

Seed
Total FundingCAD16.4m

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Cork Inc. operates in the cybersecurity and insurance sectors, providing a specialized cyber warranty platform tailored for Managed Service Providers (MSPs). The company integrates existing technology stacks with an attack surface analytics engine to identify and close security gaps in real time. Cork's core product offers instant financial loss coverage and a digitized claims process, powered by security telemetry and live support from the Cork claims team. The business model revolves around offering dynamic premiums and fast payouts, ensuring MSPs can protect their clients from prevalent cyber threats efficiently. Cork Inc. serves MSPs globally, addressing the unique challenges faced by approximately 150,000 MSPs and their millions of clients. The company generates revenue through its subscription-based model, charging MSPs for access to its platform and services.

Keywords: Cybersecurity, Cyber Warranty, MSPs, Attack Surface Analytics, Real-time Coverage, Financial Loss Protection, Dynamic Premiums, Digitized Claims, Security Telemetry, Fast Payouts.