Series B startup

Who invested in Cobalt

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Funding summaryUpdated 26 Oct 2026

$29Mraised across 1 round since 2020, from 1 source

Latest round
Series B, $29MAug 2020
Investors
5
See who backed them
CobaltComputer & network security1 / 25Their pitch deckCobalt's pitch deck, 25 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Aug 2020

Founders and team

From Cobalt's own website: 5 founders, 11 on the team.

Fengmin GongChairman at HYSTA, CEO & Co-Founder at Metafoodx
Esben Friis JensenCo-Founder & Chief Growth Officer at Userflow
Jakob StormCo-Founder & Chief Product Architect
Christian HansenCo-Founder & Engineer
Jacob HansenCo-Founder & Cobalt Board Member
  • Sonali ShahChief Executive Officer
  • Andrew ObadiaruChief Information Security Officer
  • Elizabeth TseCOO at Side, Former SVP Operations at Upwork
  • Gunter OllmannChief Technology Officer
  • Lisa MatherlyChief Marketing Officer
  • Michele LawBoard Member at Fluxx, Former COO at OpenDNS
  • Rosie CarleyChief People Officer
  • Tony SpinelliChief Security Officer at Halcyon
  • Martin RannjeSenior VP of Finance
  • Paul ZymbaSenior VP of Customer Success
  • Gerhard EschelbeckBoard Members, Advisors, & Investors

AdvisersMignona Cote

Everyone who backed them

Plug and PlayAccelerator1round
Kima VenturesVC firm1round
Draper AssociatesVC firm1round
Highland EuropeVC firm1round
ByFoundersVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Cobalt

Who invested in Cobalt?

Cobalt's investors include Plug and Play, Kima Ventures, Draper Associates, Highland Europe and ByFounders.

How much has Cobalt raised?

Cobalt has raised $29M across 1 round since 2020.

When did Cobalt last raise?

Cobalt's most recent round was a Series B of $29M in Aug 2020.

What was Cobalt's biggest round?

Its most recent round, $29M in Aug 2020, is also its largest on record.

Who backed Cobalt first?

Cobalt's first round on record, in Aug 2020, was backed by Plug and Play, Kima Ventures and Draper Associates and 2 others.

What stage is Cobalt at?

Cobalt's latest named round is a Series B, in Aug 2020.

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In the same sector, and raised in the last eighteen months.

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