Reco is a technology company.
Reco has raised $65.0M across 3 funding rounds.
Reco has raised $65.0M in total across 3 funding rounds.
Reco has raised $65.0M in total across 3 funding rounds.
Reco's investors include Zeev Ventures, Angular Ventures, boldstart ventures, Insight Partners, Quadrille Capital, S Ventures, TIAA Ventures, Workday Ventures, Bloomberg Beta, Hillsven, SignalFire.
Reco is a cybersecurity company building a Dynamic SaaS Security platform that provides enterprises with visibility, governance, and protection for SaaS applications, identities, and data amid rapid SaaS sprawl.[2][4][5] It serves security teams at Fortune 100 and S&P 500 companies, solving the problem of uncontrolled app proliferation, shadow IT, data exposure, and threats by using AI-driven graph technology for instant discovery, posture management, access control, and real-time response—protecting over 2 million SaaS users.[1][2][4] Key offerings include AI governance, app discovery, identity lifecycle management, threat detection, and data exposure management, with strong growth evidenced by funding rounds up to a $24.45M Series C in April 2025 and integrations like SaaS App Factory for 200+ apps.[2][5]
Reco was co-founded in 2020 by Ofer Klein (CEO, former Israeli pilot and serial SaaS entrepreneur), Gal Nakash (Chief Product Officer), and Tal Shapira (CTO), with early backing from investors like Insight Partners, Zeev Ventures, Angular Ventures, and Boldstart Ventures.[2][5] The idea emerged from recognizing the security gaps in exploding SaaS environments, where traditional tools lag behind dynamic adoption; they launched with a seed round of $4.2M in November 2020, followed by Series A ($15M) and B ($10M) in 2021, building rapid traction through AI-based API connections that deliver immediate value.[1][5] Pivotal moments include pioneering "Dynamic SaaS Security" to bridge protection gaps and expanding to AI governance as generative AI and agentic tools proliferated.[2][4]
Reco rides the SaaS security sprawl trend, where enterprises adopt hundreds of apps rapidly, creating blind spots in shadow IT, AI tools, and data access amid rising breaches.[2][4] Timing is ideal post-2021 funding boom and AI explosion, as regulations like GDPR and compliance needs intensify, favoring platforms that automate governance over manual processes.[2][5] Market forces like generative AI proliferation and agentic systems amplify demand for Reco's specialized discovery and control features.[2][4] It influences the ecosystem by setting standards for dynamic security, enabling secure SaaS innovation for peers like Abnormal Security or Databricks investors, and reducing enterprise risk in cloud-native worlds.[5]
Reco is poised for hypergrowth, leveraging its platform's AI edge to dominate SSPM (SaaS Security Posture Management) and AI governance as SaaS ecosystems fragment further with agentic AI and multi-cloud sprawl.[2][4] Expect acquisitions, deeper enterprise wins, and IPO potential post-Series C, shaped by trends like zero-trust mandates and real-time compliance automation.[5] Its influence will expand by powering secure collaboration, turning SaaS risks into accelerators—much like how it already bridges visibility gaps for global security teams.[2][4]
Reco has raised $65.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in February 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 10, 2026 | $30.0M Series B | Zeev Ventures | Angular Ventures, boldstart ventures, Insight Partners, Quadrille Capital, S Ventures, TIAA Ventures, Workday Ventures |
| Apr 1, 2025 | $25.0M Series A | Angular Ventures, Bloomberg Beta, Hillsven, Insight Partners, SignalFire | |
| Nov 1, 2020 | $10.0M Seed | Angular Ventures, Insight Partners |