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CyFlare

CyFlare is a bootstrapped, Rochester NY-based MSSP delivering 24/7 tool-agnostic SOC-as-a-service through its Cyflare ONE platform for MSPs and mid-market enterprises.

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58/100Incremental Innovator

Overview

CyFlare is a Rochester, NY-based managed security services provider (MSSP) that runs 24/7 detection and response through its proprietary Cyflare ONE platform, positioning itself explicitly as a "SOC for MSPs" rather than only selling directly to end customers. Managed service providers and mid-market enterprises use Cyflare ONE as a shared operating layer for detection, response, and compliance reporting, while keeping their own existing security tools in place — the platform integrates with more than 400 third-party products across EDR, email security, and identity, rather than forcing customers onto a single proprietary stack.

Founded around 2017-2018, CyFlare has grown to an estimated $9.7 million in annual recurring revenue (2024 estimate) entirely bootstrapped, without outside venture funding — a notable data point in a category where most competitors have raised institutional capital. The company has been recognized among the top MSSPs for six consecutive years by industry trackers and was named among CRN’s fastest-growing solution providers.

The core pitch to CISOs is operational: rather than replacing an organization’s existing detection stack, CyFlare’s SOC absorbs the monitoring, triage, and response workload on top of it. That tool-agnostic model is a genuine differentiator among MSSPs, many of which still push a proprietary detection stack as a condition of service.

Innovation Matrix Assessment

Innovation Velocity 5/10

Steady platform iteration on Cyflare ONE (400+ integrations added over time) but no evidence of a major funding-driven acceleration; growth has been organic and bootstrapped.

Operational Value 7/10

Genuine operational strength: tool-agnostic integration with 400+ existing security products lets customers keep their EDR, email security, and identity stack instead of ripping and replacing for a single vendor's SOC.

Market Momentum 6/10

Six consecutive years of industry MSSP recognition and a CRN fastest-growing-solution-provider nod, plus an estimated $9.7M ARR reached without outside capital, signal durable if unspectacular growth.

Category Disruption 5/10

Tool-agnostic SOC-as-a-service for MSPs is a real differentiator versus single-stack proprietary SOCs, but MDR/XDR aggregation platforms serving MSPs are an established model, not a new one.

Real-World Efficacy 5/10

The vendor's self-reported 97% true positive rate and 98% automated response figures could not be independently corroborated; no third-party audit or named customer benchmark was found.

Enduring Relevance 7/10

SOC-as-a-service for MSPs and mid-market enterprises directly addresses the growing demand for 24/7 detection and response without an in-house SOC build.

Why CISOs Should Care

For CISOs at mid-market companies, or MSPs needing a SOC layer for their own clients, who want 24/7 detection and response without abandoning their existing security stack.

What Makes It Different

Positions itself as the shared operating layer for other MSPs' SOCs rather than selling only direct-to-end-customer, and emphasizes tool-agnosticism over a proprietary detection stack.

The Matrix Verdict

58/100 — INCREMENTAL INNOVATOR

A credible, bootstrapped regional MSSP with real staying power - six years of industry rankings and meaningful ARR without outside capital - but its efficacy claims are vendor-self-reported and unverified. A solid Security Operations pick for mid-market and MSP buyers, not a category disruptor.

Editorial Note: Claims vs. Verified Findings

The $9.7M ARR (2024) figure is a third-party estimate (Latka), not vendor-disclosed. The 97% true positive rate and 98% automated response figures appear only in CyFlare's own marketing materials; no independent audit or named-customer confirmation was found. Top-20 MSSP ranking claims are self-referenced without a clearly identified, independently verifiable ranking body.

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