What Caspian does

Caspian, commercially branded as Armorstack, is a Managed Intelligence Provider (MIP) that delivers converged cybersecurity, IT-as-a-Service, and physical security through a single integrated platform. Founded around 2001 and headquartered in Waukesha, Wisconsin, the firm claims 24+ years of operating history and structures its offering around four core portfolios: Verity (strategic advisory and governance, including AI roadmaps), Core (managed IT infrastructure, cloud, and helpdesk), Sentry (24/7 SOC, threat detection, and incident response), and Citadel (physical security and life safety integration across Watch, Fire, Care, Alert, Link, Power, and Gate sub-services). Adjacent offerings include an AI Security practice (LLM Defense & Model Protection), a Compliance practice covering HIPAA, SOC 2, PCI-DSS, NIST, CMMC, and FedRAMP frameworks, and an E-Rate practice supporting K-12 schools and libraries with Forms 470/471 and CIPA requirements.

The platform's central technical proposition is "Intelligence-Driven Convergence" — unifying cyber, cloud, and physical domains under one vendor to replace fragmented multi-vendor stacks. The go-to-market is consultative and sales-led, targeting regulated and security-conscious enterprises, with website CTAs for demos, scheduled consultations, and a 90-Day Proof no-contract SOC trial that functions as a paid, low-commitment acquisition channel. Revenue is generated through managed services engagements priced on a quote basis; pricing is not publicly disclosed.

Customer segmentation is horizontal: the primary segment is regulated enterprises requiring multi-framework compliance and converged threat visibility, with secondary use-case segments in K-12/library connectivity (E-Rate) and AI-forward organizations deploying large language models. The company is privately held with no disclosed institutional investors, funding rounds, acquisitions, or leadership changes; no customer logos, revenue figures, or headcount trends are publicly disclosed, which materially limits external visibility into scale, growth dynamics, and churn exposure.

Name

Caspian

Legal name

Armorstack

Website

https://thinkcaspian.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Caspian, operating as Armorstack, is a managed intelligence provider delivering converged cybersecurity, IT-as-a-Service, and physical security as a unified platform. It serves regulated enterprises, K-12 institutions, and AI-forward organizations through a direct, consultative sales model.

Ownership category

akta.pro rank

Product category

Managed Security Services

NAICS

Computer Systems Design and Related Services (5415), Security Systems Services (56162), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Security Operations Center (SOC) as a Service (BPAEADAB)

akta.pro secondary industries

Network Security Managed Services (Firewall/IDS/IPS/SASE) (BPAEADAG), OT/ICS & Critical Infrastructure Cybersecurity Services (BPAKAHAN)

Keywords

• Managed security services
• Converged security platforms
• Cybersecurity solutions
• IT infrastructure management
• Physical security integration

Headquarters

HQ city

Waukesha

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Managed Intelligence Provider (MIP) Services: Armorstack generates revenue through a managed services model delivering converged cybersecurity, IT infrastructure, and physical security as a unified subscription-like offering. Services span four portfolios (Verity, Core, Sentry, Citadel) with a 90-Day Proof trial available for prospective clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Caspian (operating as Armorstack) delivers a Managed Intelligence Provider (MIP) service that unifies cybersecurity, cloud/IT operations, and physical security under a single vendor. The core offering is delivered through four portfolios — Verity (strategic advisory), Core (IT-as-a-Service), Sentry (24/7 SOC and cybersecurity), and Citadel (physical security and life-safety integration) — supplemented by AI/LLM security, compliance audits, and K-12 E-Rate funding services.

Product overview

Armorstack is a Managed Intelligence Provider (MIP) delivering Intelligence-Driven Convergence, unifying cybersecurity, cloud operations, and physical security into a single, intelligent platform. The company operates four core product portfolios: Verity (Strategic Advisory & Governance), Core (IT-as-a-Service & Infrastructure), Sentry (Cybersecurity & Threat Management), and Citadel (Physical Security & Integration). Additional offerings include AI Security for LLM Defense & Model Protection, Compliance services for frameworks and audits, E-Rate for K-12 funding, and a 90-Day Proof trial program. All services are delivered as one integrated platform with a converged security approach.

Differentiator

Problem solved

Functional benefit

Brands

• Verity: Strategic Advisory & Governance - Technology strategy, AI roadmaps, and executive advisory services.
• Core
• Sentry
• Citadel
• AI Security
• 90-Day Proof
• Managed Intelligence Provider (MIP)

Products and services

• Verity

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• eSentire: MDR specialist focused on multi-SIEM XDR operations, incident response, and 24/7 SOC-as-a-service. Directly comparable managed security delivery model and customer profile to Armorstack's Sentry.
• Secureworks: Established MSSP offering managed detection, response, and security consulting for enterprise clients. Direct rival on Sentry and Verity (strategic advisory) services, and a competitor in regulated-vertical RFPs.
• Arctic Wolf: Leading pure-play MDR/MSSP delivering 24/7 managed SOC, threat detection, and concierge security services to mid-market and enterprise. Most direct competing MSSP to Armorstack's Sentry stack on size, delivery model, and target buyer.
• Expel: Transparent-pricing MDR provider with a SaaS-style SOC platform, comparable to Armorstack's Sentry/90-Day Proof positioning. Similar customer base and managed-detection go-to-market motion.
• Convergint: Large global systems integrator for physical security (CCTV, access control, life safety) with growing cyber practice — the most direct competitor on Armorstack's unique Citadel (physical) + Sentry (cyber) convergence thesis.
• Trustwave: MSSP with broad MDR, compliance (PCI, HIPAA, FedRAMP), and threat intel capabilities — directly overlapping Armorstack's Sentry + Compliance stack on regulated-industry buyers.
• ReliaQuest: Enterprise-focused MSSP operating a GreyMatter security operations platform with co-managed SOC services. Comparable converged-operations narrative and a relevant peer in mid-market enterprise.

Broad incumbents

• Sophos (MDR): Broad cybersecurity vendor with a managed detection and response service competing against Armorstack Sentry in mid-market, providing bundled EDR + 24/7 SOC similar in spirit.
• CrowdStrike (Falcon Complete MDR): Endpoint security leader whose Falcon Complete managed-detection service competes with Armorstack Sentry at the platform layer; sets the technical and pricing bar in enterprise MDR.
• Palo Alto Networks (Unit 42 MDR): Large security platform whose Unit 42 managed detection and consulting services compete across Sentry and Verity, especially in regulated and federal-adjacent buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caspian