Reco Raises $55M to Secure AI Agents Across Enterprise Networks
Reco found 21,000 previously unknown AI agents at one Fortune 100 customer, while another financial-services client had an ex-employee’s agent accessing Salesforce and sharing data externally. The startup has now raised $140 million.
AI security startup Reco announced in September 2026 that it has raised $55 million in new funding, bringing its total capital raised to $140 million. The round extends a $30 million Series B closed in February 2026 and drew investment from AT&T — a current customer investing through its venture arm — along with Forestay and Quadrille Capital.
Reco co-founder and CEO Ofer Klein said the company’s valuation has “more than doubled” since February, placing it in the “high hundreds of millions,” though he declined to give a specific figure. Annual recurring revenue is currently in the “double-digit millions of dollars,” and Klein expects it to triple this year. The startup counts more than 100 customers, with financial services companies making up roughly 40% of its business.
The funding comes as enterprises rapidly deploy AI agents across their networks, often faster than security teams can track. At one Fortune 100 customer, Reco’s platform identified 21,000 agents the company was unaware of. At a large financial services customer, the startup says it found an agent created by a former employee that could access Salesforce and share data with an external domain.
Originally focused on mapping and securing SaaS and AI platforms, Reco has repositioned around a broader platform that uses a context graph to connect agents to apps, people, accounts, and permissions. The platform currently integrates with more than 280 applications and uses browser and network signals to detect agents outside directly connected apps. Klein said new integrations can be added within days.
“The market demand right now for agent security is not only about the agent itself; it’s about the entire ecosystem end-to-end,” Klein told TechCrunch.
Reco operates in a crowded field — at least two dozen companies are now selling some form of AI agent security, according to public Crunchbase and PitchBook profiles. The new funding will go toward hiring, sales, partnerships, and customer support.