Top Down Ventures Announces Strategic Investment in Cork Protection Through Founders Fund I

At Top Down Ventures, we are thrilled to announce one of the first investments from our newly launched Founders Fund I: a strategic growth investment in Cork Protection, a leader in proactive cybersecurity solutions and financial risk management. This investment underscores our mission to support innovative SaaS companies that empower Managed Service Providers (MSPs) and drive transformative change in the industry.

Cork Protection has pioneered an AI-driven cybersecurity platform designed to offer MSPs and their clients comprehensive protection from both technical and financial risks. From advanced threat detection to a groundbreaking cyber warranty that ensures financial peace of mind, Cork is redefining how SMBs and MSPs protect their digital assets.

Chris Day, Austin McChord, and Jon McNeill: A Powerful Combination of Expertise

One of the most exciting aspects of this investment is the opportunity to bring together Chris Day, Founding Partner at Top Down Ventures and CEO of ScalePad, and Austin McChord, founder of Outsiders Fund and Datto—two industry veterans with unparalleled expertise in scaling MSP-focused businesses.

“Cork’s innovative approach to cybersecurity is exactly the type of forward-thinking solution that aligns with Top Down’s vision,” said Joel Abramson, Managing Partner at Top Down Ventures. “Their ability to address critical pain points for MSPs with a combination of advanced AI technology and financial protection is a game-changer, and we’re excited to help them scale and maximize their impact.”

Adding another compelling layer to this investment is Jon McNeill, Managing Partner at DVx Ventures and former President of Tesla. While coming from outside the MSP space, McNeill brings invaluable expertise as a seasoned operator and visionary investor in scaling high-growth companies. “Partnering with someone of Jon’s caliber is a tremendous opportunity for Top Down,” added Abramson. “His success as a transformational leader and track record of identifying breakthrough opportunities enhances this partnership and provides unique perspectives to drive Cork’s success.”

Cork’s Vision and Leadership

Dan Candee, CEO of Cork Protection, shared his excitement about the partnership: “This investment is a huge milestone for Cork and a testament to the hard work of our team. The support from Top Down Ventures, along with leaders like Chris Day and Austin McChord gives us not just capital but also the strategic expertise to accelerate our growth. We’re passionate about empowering MSPs with solutions that combine cutting-edge cybersecurity technology and financial peace of mind, and this partnership strengthens our ability to do exactly that.”

The collaboration between Day and McChord remains at the core of Cork’s strategic potential, underscoring the immense value of aligning two visionary leaders with deep roots in the MSP space. With Jon McNeill complementing their expertise by bringing an outsider’s fresh perspective and world-class operating experience, this partnership represents a rare and powerful combination.

Why Cork?

Cork’s AI-powered platform provides actionable insights, proactive threat detection, and cyber warranty coverage, giving MSPs the tools they need to safeguard their clients effectively. Cork’s unique differentiator is to provide near-instant coverage and a digitized claims process for quick approval and payout (days vs. months). Cork’s dedication to helping SMBs and MSPs navigate an increasingly complex threat landscape resonates deeply with Top Down’s mission to invest in companies that empower MSPs with cutting-edge technology.

“Cork’s team has developed a product that addresses one of the MSP industry’s most pressing challenges—cybersecurity,” said Day. “Their vision aligns perfectly with our Founders Fund I, which is focused on supporting innovative SaaS companies ready to scale and make a meaningful impact.”

Looking Ahead

This investment marks a significant step forward for Cork Protection and Top Down Ventures alike. As Cork continues to scale its operations and enhance its platform, we are proud to be part of their journey and excited about the opportunities that lie ahead.

At Top Down Ventures, our mission is to identify and support the companies that will define the future of the MSP market. With investments like this, we’re building a stronger ecosystem of innovative solutions that empower MSPs to thrive.

About Cork Protection
Cork Protection is a pioneering cybersecurity company delivering AI-enhanced solutions for proactive risk management. By offering advanced threat intelligence, flexible premiums, and a unique cyber warranty, Cork empowers MSPs and SMBs to safeguard their most valuable digital assets.

About Top Down Ventures
Top Down Ventures is a leading venture capital firm dedicated to early-stage software companies in the Managed Service Provider (MSP) market. Top Down’s venture studio model provides the capital, operational expertise, and strategic guidance to help emerging software companies scale to their full potential.

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