Software-as-a-service security company Recolabs Inc. today announced that it has raised $30 million in new funding to support its continued expansion, including significant hiring across engineering, product and go-to-market teams with a focus on discovering and securing AI apps and agents at scale.
Founded in 2020, Reco focuses on making AI tools, copilots and autonomous agents visible and manageable for security teams, with a mission to help enterprises adopt AI safely without slowing innovation or introducing unmanaged risk.
Reco’s platform offers continuous discovery that includes automatically identifying SaaS applications, AI-powered features, embedded agents, SaaS-to-SaaS integrations and shadow AI usage across an organization. The discovery process includes understanding who or what is accessing data, which permissions exist and how information moves between systems, which are critical in environments where AI agents increasingly act like autonomous users.
The company’s AI agents monitor SaaS environments in real time, including analyzing activity across applications to detect risky behavior, misconfigurations, excessive permissions and unusual AI-driven interactions. The results allow security teams to move from periodic audits and manual reviews to continuous oversight that reflects how SaaS and AI are actually used day to day.
“In the enterprise, AI is being consumed through SaaS, whether it’s AI applications, agents embedded in existing platforms, or AI-powered integrations connecting business systems,” said co-founder and Chief Executive Ofer Klein. “Organizations recognize that to adopt AI safely and at scale, they need visibility and control across their entire SaaS ecosystem and not only the core SaaS applications. That’s the opportunity Reco was built to address with the largest coverage and depth of AI SaaS apps and AI agents in the industry.”
Reco has gotten significant demand from large organizations seeking a way to secure sprawling SaaS and AI environments. The company works with multiple Fortune 500 and leading global enterprises across financial services, healthcare, technology, pharma and manufacturing. Notable Reco customers include Check Point Software Technologies Ltd., Cato Networks Ltd., American Express Global Business Travel Co., Desjardins Group, Nestle S.A., UiPath Inc. and Monday.com Ltd.
The Series B funding round was led by Zeev Ventures, with Insight Partners LP, Boldstart Ventures, Angular Ventures, Workday Ventures, TIAA Ventures, S Ventures and Quadrille Capital also participating.
“My investment strategy has always been to double down on what’s working,” said Oren Zeev from Zeev Ventures. “I’ve seen this pattern with successful companies like Navan and Tipalti and I’m seeing it again with Reco. The signals we see show rapidly growing market demand for AI SaaS security and we are experiencing exceptional growth. The opportunity ahead for Reco is massive.”
The new funding takes the total raised by Reco to $85 million. The company’s last round was $25 million in April 2025.
Photo: Reco
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