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3 Latest Announced Rounds

$1,868.87M Raised in 70 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Cork

start up
United States - ND
  • 17/05/2023
  • Seed
  • $6,000,000

Protection from the Inside Out.

In our increasingly connected world, cybersecurity and risk management are top of mind. Large enterprises have the resources and know-how to address concerns before attacks strike. Too often, small businesses are left behind, unprepared to take on the expensive hit. Cyber insurance is broken - Managed Service Providers (MSPs) who support these businesses are often left out of the mix.

Enter Cork.

Cork is on a mission to transform this industry by empowering MSPs to provide simple, accessible financial protection against cyber risks. Launched by DVx Ventures, we are a cyber warranty company for managed service providers (MSPs) serving small businesses (SMBs) and the software solutions they manage. Our purpose-built platform is designed to offer MSPs and their clients peace of mind with near-instant coverage and settlements in the aftermath of security incidents.

Cork is the first cyber warranty provider offering Protection from the Inside Out with active risk monitoring, detection and remediation. We use real-time telemetry to underwrite the cyber risk of the protected environment. This approach enables MSPs to activate warranty instantly with dynamic premium, speed up claim payouts, and build client trust with data-driven security performance insights.

Every day, we are inspired by MSPs and the businesses they serve who make up the backbone of our economy. Enabling MSPs to grow while keeping their clients secure drives us to do our best work.

Based in Boston, we are backed by DVx Ventures, Outsiders Fund and Vestigo Ventures.


Related People

Carlson ChoiFounder

Carlson Choi United States - Irvine, California

Blending Creativity and Technology is the key in transforming traditional business digitally for tangible business returns. Carlson is a highly accomplished and innovative Digital Business Executive whose career has been defined by propelling the frontier of disruptive business and operating models. He has a proven track record across multiple industries at global Fortune 500 portfolio companies (B2B & B2C) and over 20 years of experience serving in key leadership roles to define digitization strategy and operationalize the transformation. Through his career, he has developed deep expertise across digital business and strategy, P&L management, organization transformation, talent development, enterprise technology, product management, marketing, and omni-channel retail experience. Carlson employs a creative leadership style that has enabled companies to achieve culturally aware visions and strategies, cultivate data-driven decision making and build the capacity to achieve critical velocity in the digital era.