Reco

Reco was founded in 2020. Of its three co-founders, Ofer Klein serves as chief executive, while Gal Nakash and Tal Shapira had both previously worked in Israel’s Office of the Prime Minister. Klein said the three developed the platform and its AI algorithm for the Israeli government’s counterintelligence work while serving there, and after that success turned it into a product in 2020.⁠[1][1][2]

On November 12, 2020, boldstart venturesBoldstart VenturesBoldstart Ventures (often styled in lowercase as boldstart) is a Miami-based venture capital firm founded by Ed Sim in 2010 that follows an “inception” strategy, writing the first check for technical founders before a product, or even a company, exists, with focus areas including cybersecurity, AI infrastructure, physical AI and AI agents; as of July 2025 it had about $1.1 billion in assets under management.Open the full entry made its first investment in Reco, leading a $4.2 million seed round with participation from Angular Ventures and angel investors.⁠[3][3]

On June 3, 2022, Reco (then also known as RecoLabs) announced a $30 million Series A round co-led by Insight Partners and Zeev VenturesZeev VenturesZeev Ventures is a venture capital firm founded and managed single-handedly by Israeli-born investor Oren Zeev, headquartered in Palo Alto, California, with no partners or employees; it invests mainly in software companies with Israeli connections, and its early investments include Navan, Houzz, Tipalti and Next Insurance.Open the full entry, with participation from BoldStart, Angular Ventures, Jibe Ventures, CrewCapital and Cyber Club London; boldstart’s records split this money into a $4.2 million seed round and a $25 million Series A.⁠[1][3]

The product at the time addressed enterprise collaboration security: it learned business context from the metadata in audit logs of collaboration, storage and email tools such as Slack, Jira, BoxBoxBox is an American enterprise software company founded in 2005 by Aaron Levie, Dylan Smith and others, headquartered in Redwood City, California. It provides cloud content management, file sharing, collaboration, e-signature and AI content-processing tools, and went public on the New York Stock Exchange in 2015 under the ticker BOX.Open the full entry, OneDrive and Outlook, building a model of the relationships among employees, teams and outside vendors in order to catch problems such as a vendor whose contract had expired still having access to sensitive documents, or a file sent to the wrong person; early customers included SolarEdge and Tipalti. Reco was Klein’s second startup after the internet of things platform Kwik.⁠[1][1][1][4][1]

Klein said that since 2020 Reco had evolved from a unified SaaS data security solution into a full, identity-centric SaaS security posture management (SSPM) solution. By his account, the company achieved SOC 2 compliance in May 2023, built a US go-to-market team the same year, launched the App Factory for developing new SaaS application integrations within days at the end of 2023, hired its first internal chief information security officer, a former deputy CISO at AWS, in May 2024, and obtained two patents for its AI-based security technology.⁠[2][2][2][2][2][2][2]

On April 22, 2025, Reco announced $25 million in additional funding led by Insight Partners, with Zeev Ventures, boldstart ventures and Angular Ventures participating and new investor Redseed joining, bringing total funding to $55 million; the company told Business Insider this was an extension of its Series A. Klein wrote that over the previous year the company’s annual recurring revenue had grown fivefold and its customer base had tripled, and that its SaaS App Factory then supported 175 applications. The funds were to enhance the AI agents behind the platform, add support for more SaaS applications and expand channel partnerships.⁠[5][6][7][6][6][8][8]

On February 10, 2026, Reco announced a $30 million Series B round led by Zeev Ventures, with all existing investors, including Insight Partners, boldstart ventures and Angular Ventures, participating and new corporate investors Workday VenturesWorkday VenturesWorkday Ventures is the strategic investment arm of the US enterprise software company Workday, formally launched in 2018 with a $250 million fund and expanded to $500 million in 2023, investing in early- to growth-stage enterprise software companies in areas including AI agents, automation, orchestration, security and industry vertical technology.Open the full entry, TIAA VenturesTIAA VenturesTIAA Ventures is the corporate venture capital arm of the US retirement financial services organization TIAA, investing in fintech and artificial intelligence companies related to retirement savings, lifetime income, financial advice and enterprise software, and pairing some of its investments with partnerships around TIAA’s lifetime income products.Open the full entry, S Ventures and Quadrille CapitalQuadrille CapitalQuadrille Capital is an independent investment manager headquartered in Paris, France, specializing in venture capital and growth equity, which invests in technology and healthcare companies in Europe and the United States through four strategies: direct growth equity, commitments to venture funds (primary), secondaries and an evergreen fund; as of 2023 it managed about €1.6 billion in assets.Open the full entry joining, bringing total funding to $85 million less than 10 months after its previous round. The company said it grew 500% year over year in 2024 and a further 400% in 2025 on a significantly larger base. The funds were for hiring across engineering, product and go-to-market teams.⁠[9][10][9][9][10]

Oren Zeev said his investment strategy had always been to double down on what is working, a pattern he had seen before with Navan and Tipalti. Publicly named customers at the time included Check Point, Cato Networks, American Express Global Business Travel, Desjardins, Nestlé, UiPath and monday.com.⁠[9][9][11]

On March 18, 2026, Reco launched Reco AI Agent Security, which inventories the AI agents running in an enterprise’s SaaS environment, maps the identities, data, applications and permissions they can reach, surfaces agents with excessive permissions or exposed credentials, and lets security teams decide whether to sanction, restrict or block them; it launched with integrations for Copilot, ChatGPT Enterprise, Salesforce Agentforce, Make and n8n.⁠[12][12][12][12]

On June 8, 2026, Reco named Zoe Hillenmeyer, who had led commercial and marketing functions at Protect AI, as chief operating officer and appointed Kristen Twining, who came from FireMon, as senior vice president of Americas sales and business development; it also opened an office in Texas and placed a team in the United Kingdom and Ireland. The company said more than 100 enterprises were using its platform.⁠[13][13][13][13][13]

On June 25, 2026, Reco launched Reco Agent Security, which builds on its Reco Graph to discover agents, copilots, AI workflows and service accounts, identify who deployed and owns them, analyze excessive access in OAuth grants, API keys and delegated permissions, monitor abnormal behavior, and trace what each agent can reach across applications, data and tools. Klein said agents do not act alone, but operate across applications, identities, workflows and integrations that determine what they can reach and what they can do.⁠[14][14][14][14][14][14]

On September 28, 2026, Reco announced a partnership with ServiceNow, bringing ServiceNow Otto’s AI agents into the Reco Graph to evaluate their permissions, identities, access and connected tools, while running more than 170 posture checks against the ServiceNow environment itself; findings and remediation steps are routed back into ServiceNow as tickets and workflows.⁠[15][15][15][15]

On September 29, 2026, Reco announced it had raised a further $55 million, including a strategic investment from AT&T VenturesAT&T VenturesAT&T Ventures is the corporate venture capital arm of the US telecommunications company AT&T, investing mainly in early-stage technology companies from seed to Series B in areas including networking and edge computing, the internet of things, robotics and physical AI, cybersecurity, and data and AI.Open the full entry, with Forestay and Quadrille Capital also participating, bringing total funding to $140 million; the money extended the $30 million Series B from February, and Quadrille Capital had already been named as an investor in that February round. Existing investors also included Insight Partners, Boldstart Ventures, Workday Ventures, TIAA Ventures, Zeev Ventures and S Ventures. The funds were to expand sales, partnerships, channels and customer support.⁠[16][16][17][9][18][16]

AT&TAT&TAT&T (AT&T Inc.) is a telecommunications company headquartered in Dallas, Texas. Its predecessor was SBC Communications, a regional holding company created in the 1984 breakup of the Bell System; SBC merged with the original AT&T Corp. in 2005 and adopted its name, and it has since operated a nationwide wireless network and fiber broadband, at one time also owning DIRECTV and WarnerMedia.Open the full entry was a Reco customer before investing through its venture capital arm. Vikram Taneja, head of AT&T Ventures, said that as both an investor and a customer, AT&T recognized the importance of helping organizations manage how AI agents interact with business applications and data; AT&T chief information security officer Rich Baich said Reco helps AT&T strengthen governance across its enterprise applications and AI ecosystem, giving greater visibility into agent security risk, access management and third-party integrations.⁠[18][17][16][16]

Klein said the company’s valuation had “more than doubled” since the Series B was announced in February, vaguely estimating it in the “high hundreds of millions,” without giving specifics; he also said annual recurring revenue was in the “double-digit millions of dollars” and expected to triple that year. By his account, the company had more than 100 customers, with financial services accounting for about 40% of the business; the platform integrated with more than 280 applications, and at one Fortune 100 customer it had found 21,000 agents the company did not know about.⁠[17][17][17][17][17]

Reco’s platform is built on the Reco Graph, which maps the relationships among agents, identities, applications, permissions, data and workflows, and integrates with hundreds of AI providers and enterprise applications including OpenAI, AnthropicAnthropicAnthropic is an artificial intelligence research and product company founded in 2021 that develops the Claude models, assistant, and tools such as Claude Code, and operates as a public benefit corporation. Dario Amodei and Daniela Amodei are its co-founders, and its research covers model safety, interpretability, and steerability.Open the full entry, Microsoft Copilot, Salesforce, ServiceNow and Workday; as of September 2026, the platform had more than 280 application integrations and 1,000 detection controls.⁠[16][16][16]

The company is based in the United States with research and development in Israel; as of September 2026 it had about 140 employees, split roughly evenly between Israel and the United States. Its website lists offices in Altamonte Springs, Florida, United States; Tel Aviv, Israel; and Chișinău, Moldova. Its leadership includes co-founder and chief executive Ofer Klein, co-founder and chief product officer Gal Nakash, co-founder and chief technology officer Tal Shapira, and chief revenue officer Bob Horn.⁠[19][18][20][20][20][20][20]

Reco: Official website: https://www.reco.ai/ (opens in a new window).⁠[21]

X: Public account: https://x.com/recolabs_ai (opens in a new window)⁠[21]

LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/company/recolabs/ (opens in a new window)⁠[21]