Apiiro has raised $135.0M in total across 2 funding rounds.
Apiiro's investors include General Catalyst, Ignition Partners, TCV, AllegisCyber Capital, Ballistic Ventures, B Capital Group, Greylock, Karim Faris, Intel Capital, Glenn Solomon, Thomson Reuters Ventures, Walden International.
Apiiro is an agentic Application Security Posture Management (ASPM) platform that unifies risk visibility, prioritization, and remediation across software development lifecycles, enabling enterprises to secure AI-generated code and modern applications at scale.[1][2][3][4] It serves large organizations like Walmart, USAA, TIAA, Morgan Stanley, BlackRock, Bloomberg, SoFi, and Shell, solving the problem of fragmented security alerts, complex supply chains, and developer friction by providing deep code analysis, automated threat modeling, and an AutoFix agent.[3][4][5] With $135 million in venture funding and adoption across Fortune 500 companies, Apiiro demonstrates strong growth momentum through its patented Deep Code Analysis (DCA) and eXtended software bill of materials (XBOM), reducing mean time to detection (MTTD) and remediation (MTTR).[2][3][4]
Apiiro was founded in 2018 (with some sources noting 2019) by Idan Plotnik and Yonatan Eldar in Tel Aviv, Israel, stemming from their experience at a previous startup where rapid growth exposed gaps in traditional application security for cloud-native environments.[2][5] The duo recognized that conventional tools failed to handle modern development complexities like microservices, CI/CD pipelines, and software supply chains, leading them to build a platform with proprietary Risk Graph technology and Deep Code Analysis.[2][4][7] Early traction came from enterprise adoption, including Fortune 500 clients like BlackRock and Morgan Stanley, fueled by $135 million in funding from top VCs such as General Catalyst, Greylock, and Kleiner Perkins.[2][3][8]
Apiiro rides the surge in AI-driven development, cloud-native apps, and software supply chain attacks, where traditional AppSec tools generate overwhelming, contextless alerts amid exploding codebases and third-party dependencies.[1][2][4] Its timing aligns with rising regulatory pressures (e.g., compliance needs) and the shift to DevSecOps, as enterprises like Fortune 500 firms demand unified visibility without hindering velocity—market forces amplified by incidents like SolarWinds and Log4j.[2][3][5] By influencing the ecosystem through open-source contributions, Google Cloud Marketplace growth, and tools for anomaly detection in pipelines, Apiiro sets standards for ASPM, bridging security and dev teams while enabling "secure by design" in the AI era.[2][5][6]
Apiiro is poised to dominate ASPM as AI code generation proliferates, with expansions in AutoFix agents, LLM-enriched risk engines, and runtime protections driving further enterprise wins and potential unicorn status.[3][4] Trends like zero-trust supply chains, regulatory AI security mandates, and platform engineering will shape its path, evolving its influence from risk manager to indispensable software intelligence layer. As the original vision of force-multiplying AppSec teams proves out, Apiiro will continue empowering the world's largest organizations to deliver secure software faster.[2][3][8]
Apiiro has raised $135.0M across 2 funding rounds. Most recently, it raised $100.0M Series B in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $100.0M Series B | General Catalyst, Ignition Partners, TCV | |
| Oct 1, 2020 | $35.0M Series A | AllegisCyber Capital, Ballistic Ventures, B Capital Group, Greylock, Karim Faris, Intel Capital, Glenn Solomon, Thomson Reuters Ventures, Walden International, Wing Venture Capital, Mike Fernandez |
