Abacode, Inc.

Abacode, Inc. , based in Tampa, US, specializes in cybersecurity and compliance services, providing tailored solutions for mid-market companies, particularly those in the Defense Industrial Base. Founded in 2014 in Tampa, Florida, Abacode, Inc. is dedicated to delivering cybersecurity and compliance solutions.

The company has not pivoted significantly in its business strategy since its inception. Michael Ferris serves as the CEO. In July 2025, Abacode, Inc. was acquired by Thrive Operations Canada Ltd, which is expected to strengthen its position in the market and broaden its cybersecurity compliance offerings.

The company has successfully raised a total of USD 4. 85 mn through funding rounds, with the latest being a Series A led by Ballast Point Ventures. Abacode offers a comprehensive suite of managed cybersecurity and compliance services, primarily targeting mid-market companies within the Defense Industrial Base (DIB). Their flagship product, MCCP Core™, provides 24/7 managed Security Operations Center (SOC) monitoring, managed detection and response, vulnerability assessments, penetration testing, and third-party risk monitoring via their proprietary platform, SCOUT™.

Their services are designed to streamline cybersecurity management and compliance processes, catering to manufacturers, subcontractors, and organizations that handle sensitive information in sectors like electronics, packaging, and aerospace. Their geographic reach extends beyond the United States to regions requiring compliance with U. S. Department of Defense contracts.

Abacode generates revenue through subscription-based models for its managed cybersecurity and compliance services, where clients pay a predictable monthly fee for access to MCCP Core™ services. This model allows clients to minimize in-house resource demands while ensuring continuous protection and compliance adherence. The offerings include guaranteed 24/7 SOC monitoring and ongoing support for compliance with critical frameworks, supplemented by additional fees for specialized services such as penetration testing and comprehensive audits, fostering long-term client partnerships. In July 2025, Abacode, Inc.

was acquired by Thrive Operations Canada Ltd, a strategic move that aims to enhance Thrive's market presence and expand its offerings in cybersecurity compliance. The acquisition is poised to facilitate Abacode's potential growth in new markets and regions, although specific upcoming products or services have not yet been disclosed. The recent funding will support these initiatives, allowing for broader market engagement and the strengthening of their service capabilities.