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CyberReviewed

Cobalt

Cobalt lets a company book penetration tests of its web apps, APIs, cloud and network on a platform, then assigns vetted human testers and delivers findings straight into the engineering team's tools.

CyberReviewed Editorial Team · Updated · cobalt.io

Company details

Score
Ranked 9 of 12 (tied)
Founded
2013
Headquarters
San Francisco, California
Leadership
Sonali Shah, CEO since August 2024
Funding disclosed
$37 million through its 2020 Series B
Pricing
Annual credit packages; autonomous pentest $3,500 per test (promotional)
Best fit
SaaS and software companies that need recurring application pentests

Our take

Cobalt is a practical choice for software companies that need regular application and API pentests for customers and auditors and want to schedule them quickly. Organizations whose main need is a deep, bespoke red team engagement may prefer a specialist consultancy.

Scores by criterion

Cobalt scores out of 10
CriterionScore
Pricing transparency5
Product scope and fit8
Company durability6
Evidence of adoption6
Ease of adoption7
Overall score (average of the five)6.4

Each criterion is defined on our methodology page.

Booking testers through a platform

Cobalt sells penetration testing as a service: customers scope tests on a platform, Cobalt assigns vetted testers from its community, and findings arrive in the platform with integrations into tools such as Jira and GitHub.12 Its services now span web, API, cloud, network and AI applications, and it sells an autonomous pentest product that pairs AI systems with its core testers, who direct scope, execution and quality on each engagement.2

Credits and the autonomous test

Cobalt sells annual packages of credits, where one credit equals eight hours of testing, across Standard, Premium and Enterprise tiers that differ in how fast a test can start (three, two or one business days) and in support.2 Packages include free retesting of findings.2 Its autonomous web application pentest is offered at $3,500 per test for engagements started and completed before December 31, 2026.2 Credit prices themselves are quoted.

Danish founders, new CEO

Four Danish co-founders, Jacob Hansen, Esben Friis-Jensen, Jakob Storm and Christian Hansen, started Cobalt in 2013.1 In August 2020 it raised a $29 million Series B led by Highland Europe, bringing total funding to $37 million; at the time it had more than 500 customers, about 300 testers, and was operating at breakeven.1 In August 2024 the board appointed Sonali Shah, a former Bitsight, Veracode and Invicti executive, as CEO, succeeding Chris Manton-Jones; the announcement said Cobalt had reached profitability and that its community numbered more than 400 testers.3

Consultancies, NodeZero and Intruder

Cobalt uses human testers like a consultancy but books them through software, like an automated tool. Horizon3.ai's NodeZero runs autonomous attacks against internal networks at a fixed annual price, which suits frequent infrastructure testing; Cobalt's strength is human-led application testing on a schedule. Intruder's pentest offer starts at the same $3,500 per test, but Intruder is primarily a scanner.

One-off tests and red teams

Companies that need a single annual network test at the lowest cost, or deep adversary simulation tailored to a specific threat group, may get better value from a boutique firm. Cobalt's credits expire at the end of each contract year.2

Cobalt homepage
Cobalt homepage at cobalt.io, captured October 20, 2026.

Sources

  1. GlobeNewswire, Cobalt.io raises $29 million, August 20, 2020
  2. Cobalt, Pricing page, accessed October 20, 2026
  3. PRWeb, Cobalt appoints Sonali Shah as CEO, August 29, 2024

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