Reco, a leader in dynamic SaaS Security, announced it has recieved $25 million in additional funding, enabling the company to scale its AI-native SaaS security platform, while accelerating channel partnerships and capitalizing on its ongoing market momentum.
Reco will continue expanding the AI-driven SaaS App Factory on top of over 175 apps supported to maintain industry-leading integration speeds while also introducing Reco AI Agents for alerts and identities.
The funding round included Insight Partners, Zeev Ventures, boldstart ventures, Angular Ventures, and new investor Redseed following 5x growth in 2024. This latest round brings Reco's total funding to $55 million.
The investment comes amid Reco’s rapid growth, with the company achieving a fivefold increase in ARR over the past year and a threefold rise in customer numbers.
As the company continues to scale, Reco is expanding its capabilities—adding new integrations weekly and earning the trust of leading enterprises in various industries including high-regulated financial services, insurance, healthcare, pharma, and tech.
With its workforce doubling across multiple regions, Reco recently appointed Bob Horn as its new CRO.
“The adoption of AI apps and agents has made SaaS security more complex and dynamic than ever. Combine this with the proliferation of SaaS apps including shadow apps, and we’re seeing a growing gap between the reality of the ecosystem and what legacy SSPM tools can provide. Businesses need security solutions to be proactive vs. just reactive—simplifying security without slowing down the business,” said Ofer Klein, co-founder and CEO of Reco. “The strong interest in this oversubscribed round reflects the confidence of our customers, strategic partners, and new investors who share our vision. We are enabling enterprises to contain SaaS sprawl, and this demand-driven growth is proof of how Dynamic SaaS Security is the future.”
Reco addresses these critical challenges with a comprehensive application discovery engine capable of identifying and classifying over 50,000 applications, providing visibility into an organization’s SaaS ecosystem.
Its proprietary SaaS App Factory currently secures over 175 applications and integrates new apps within 3-5 days—far faster than the months-long timelines of legacy providers.
According to the company, Reco delivers continuous security and compliance, even as new apps and AI agents are introduced or updated—offering businesses the protection they need at the pace they require.
For more information about this news, visit www.reco.ai.