Reco Raises $30M Series B to Address AI SaaS Security Risks

Funding will fuel product development and hiring as company sees rapid growth in enterprise demand for AI and SaaS security.

Published on Feb. 10, 2026

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Reco, a New York-based security vendor focused on AI-driven SaaS environments, has raised $30 million in Series B funding, bringing its total capital raised to $85 million. The round was led by Zeev Ventures and included participation from existing and new investors. Reco reported significant revenue growth over the past two years, citing 500% year-over-year ARR growth in 2024, followed by an additional 400% increase in 2025 on a larger base. The company attributes that expansion to widespread enterprise adoption of generative AI tools and the rise of 'shadow AI,' where employees use AI applications without formal IT approval.

Why it matters

As cloud infrastructure and endpoint security have matured, AI SaaS environments remain largely invisible to traditional tools. AI-powered SaaS applications and autonomous agents increasingly operate as users, creating new attack surfaces that are already being targeted in high-profile breaches. Reco's platform is designed to continuously discover and monitor SaaS applications, AI agents, permissions, and data flows across environments to help organizations adopt AI safely and at scale.

The details

Reco's Series B funding will support product development and hiring across engineering, product, and go-to-market teams. The company currently works with multiple Fortune 500 and global enterprises across regulated industries, including financial services, healthcare, technology, and manufacturing. Reco's channel ecosystem is comprised largely of systems integrators, VARs, and service providers focused on those verticals across the enterprise market.

  • Reco raised $30 million in Series B funding on February 10, 2026.
  • Reco reported 500% year-over-year ARR growth in 2024, followed by an additional 400% increase in 2025.

The players

Reco

A New York-based security vendor focused on AI-driven SaaS environments.

Zeev Ventures

The lead investor in Reco's $30 million Series B funding round.

Oren Zeev

A partner at Zeev Ventures who has seen a pattern of successful companies like Navan and Tipalti, and is now seeing it with Reco.

Workday Ventures

A new strategic investor in Reco's Series B funding round.

Jeff Wantman

The vice president at Workday Ventures who is excited to partner with Reco on their journey of rapid growth.

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What they’re saying

“My investment strategy has always been to double down on what's working. 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.”

— Oren Zeev, Partner, Zeev Ventures (channelinsider.com)

“AI has already transformed the modern enterprise and it's becoming increasingly urgent for organizations to ensure they have the right security guardrails in place. Reco is establishing itself as a security leader for the AI SaaS environment, and we're excited to partner with them on this journey of rapid growth.”

— Jeff Wantman, Vice President, Workday Ventures (channelinsider.com)

“In the enterprise, AI is being consumed through SaaS, whether its AI applications, agents embedded in existing platforms, or AI-powered integrations connecting business systems. This shift is driving the rapid growth we're seeing. 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.”

— Ofer Klein, CEO and Cofounder, Reco (channelinsider.com)

“Since partnering with Reco, we've automated our most time-consuming security processes, freeing up our team to focus on strategic initiatives rather than manual work. The visibility and insights we've gained into our AI and SaaS usage has transformed how we operate. This Series B funding signals strong momentum, and we're excited to continue growing alongside Reco as they expand their capabilities.”

— Jerich Beason, CISO, Waste Management (channelinsider.com)

What’s next

Reco plans to use the Series B funding to further develop its product and expand its engineering, product, and go-to-market teams.

The takeaway

As enterprises rapidly adopt generative AI tools and 'shadow AI' usage grows, Reco is positioning itself as a security leader in the AI SaaS environment, providing organizations with the visibility and control they need to safely adopt AI at scale.