Koi
Overview
Koi is a cybersecurity company established in 2024 in Washington, D.C., specializing in endpoint security for modern software environments. It was founded by Amit Assaraf, Idan Dardikman, and Itay Kruk, all of whom are alumni of Israel Defense Forces' Unit 8200. The company has raised $48 million in funding, including a significant $38 million Series A round led by Battery Ventures and Team8, among others.
Recent Developments
- September 2025: Koi announced a successful funding round, securing $48 million in seed and Series A financing to bolster its cybersecurity platform. The Series A was led by Battery Ventures and Team8, with participation from several other investors.
- 2024: The company was founded after an experiment by its founders to test software vulnerabilities through a fake VSCode extension, which resulted in the creation of "ExtensionTotal," a precursor to Koi's current offerings.
- August 2024: Koi quickly scaled its operations, securing over 500,000 endpoints and attracting major enterprises, including Fortune 50 companies.
- 2023: Analysts predicted that by the end of 2025, nearly 45% of organizations would face software supply chain attacks, highlighting the relevance of Koi’s offerings.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2024 |
| Headquarters | Washington, D.C., USA |
| Founders | Amit Assaraf, Idan Dardikman, Itay Kruk |
| Revenue | Over $1 million in ARR within three months |
| Profits | Not publicly disclosed |
| Key Investors | Battery Ventures, Team8, NFX, Picture Capital |
| Industry | Cybersecurity |
| Number of Employees | 40 |
Early History
Koi was founded in 2024 by Amit Assaraf, Idan Dardikman, and Itay Kruk, after the trio conducted a cybersecurity experiment showing vulnerabilities in Microsoft's VSCode Marketplace. Their creation of a fake extension, which compromised organizational data worldwide, underscored the need for a specialized endpoint security platform. This led to the development of "ExtensionTotal," which formed the foundation for Koi's broader security platform.
Company Profile and Achievements
Koi's platform addresses cybersecurity challenges by focusing on the "software perimeter," a concept that extends protection beyond traditional binary applications to include modern software elements like AI models, extensions, and containers. Its flagship product, the Supply Chain Gateway, provides comprehensive visibility, risk analysis, and automated policy enforcement. The company’s AI-driven risk engine, Wings, is central to its platform, detecting threats overlooked by traditional tools.
- Achievements:
- Raised $48 million in seed and Series A funding.
- Over 500,000 endpoints secured globally.
- Recognized as a pioneering cybersecurity firm addressing the growing risk of unmanaged software.
- Secured significant enterprise clients, including Fortune 50 companies.
Current Operations and Market Position
Koi is at the forefront of cybersecurity innovation, focusing on areas traditional endpoint protection tools fail to cover. The company has established itself as a leader in endpoint security by expanding its reach and capabilities through significant investments in its technology stack. Koi's emphasis on automation and AI enhances its ability to protect against emerging threats, positioning it as a critical player in the global cybersecurity market.
Conclusion
Koi has rapidly established itself as a pivotal force in the cybersecurity industry, addressing critical gaps in traditional endpoint protection. With significant funding and a robust technology platform, Koi is well-positioned to lead in securing modern software environments. The company's innovative approach to endpoint security, particularly its focus on non-binary software elements, promises continued growth and influence as more organizations prioritize comprehensive cybersecurity strategies.