Skip to main content

Reco

Category: AI in Cybersecurity

Reco offers an AI-driven, identity-centric SaaS Security Posture Management (SSPM) platform that dynamically discovers, monitors, and protects enterprise SaaS applications, identities, and data. Reco was founded in 2020. The company is led by Ofer Klein. Based in New York, USA and Tel Aviv, Israel. Team size: N/A. Total funding raised: $55 million. Latest round: $25 million Series A extension led by Insight Partners (announced April 2025). Key investors include Insight Partners, Zeev Ventures, Boldstart Ventures, Angular Ventures.

Founded
2020
Headquarters
New York, USA and Tel Aviv, Israel
Team size
N/A
Total funding
$55 million

Value proposition

Delivers dynamic visibility and context-aware security for complex SaaS environments using an AI-powered identity interaction graph to prioritize real threats, reduce false positives, and secure sensitive data without disrupting business operations

Products and solutions

Dynamic SaaS Security Platform, Identity Interaction Graph (AI-based), Generative AI Agents for discovery, monitoring, threat detection, and alert prioritization, SaaS Application Discovery & Inventory, Access Control & Governance, Data Exposure Prevention, Threat Detection & Response

Unique value

Adopts a unique identity-centric approach by mapping inter-application relationships via an AI graph, enabling dynamic discovery that adapts to rapid SaaS changes, and leverages generative AI on metadata for enhanced speed and privacy. Offers low-code integration for rapid onboarding of new SaaS apps.

Target customer

Enterprises managing multiple SaaS applications, especially those in regulated industries or with concerns about SaaS sprawl, shadow IT/AI risks, data exposure, and compliance challenges

Industries served

Financial Services, Healthcare, Banking, Telecom, Consumer Products, Real Estate, Manufacturing, Retail, Cybersecurity, Technology, Pharmaceuticals, Legal, Investment Management (via MSPs)

Technology advantage

Its contextual security model significantly reduces false positives and enhances visibility into actual risks by focusing on identity interactions, including shadow IT/AI and SaaS-to-SaaS connections, thereby optimizing threat prioritization.

How they differentiate

Distinguishes itself by focusing on dynamic identity interactions and behavioral context rather than static configurations, employing generative AI on metadata and offering rapid, low-code integration with lower false positive rates compared to legacy solutions.

Main competitors

AppOmni, Netskope (noting CASB/SSPM overlaps), BetterCloud (with overlapping SaaS management/security features)

Key partnerships

AWS Marketplace, Cloud Security Alliance (through CTO participation), Investor Partnerships (including Insight Partners, Zeev Ventures, among others)

Notable customers

UiPath, SolarEdge, Tipalti, DRF, HomeLight, Hibob, Cresta, Exela Pharma Sciences, RFA (MSP)

Major milestones

Founded in 2020 Raised $30M Series A funding in June 2022 Achieved SOC 2 Compliance in May 2023 Launched Identity-Centric SSPM platform Raised $25M Series A extension in April 2025 Established US Go-To-Market team

Growth metrics

Reported metrics include up to a 99% reduction in false positives for one customer, a 50% decrease in risk mitigation time as per a Cresta case study, and annual savings of over $50k via continuous monitoring (SolarEdge case study).

Market positioning

Positioned as a leading innovator in Dynamic SaaS Security and Identity-Centric SSPM, aiming to fill security gaps driven by rapid SaaS adoption and evolving AI integration challenges.

Geographic focus

Global, with notable presence in both the US and Israel

About Ofer Klein

Ofer Klein is a serial entrepreneur and the Co-Founder & CEO of Reco. He has extensive experience in building and scaling Go-To-Market teams for SaaS companies. Prior to Reco, he was the SVP of Market Development at Ordergroove and the Founder and CEO of kwik.me. He is also a former Israeli Air Force pilot.

Official website: