Reco raises $55M to map AI agents across enterprise applications

Reco sells security software that helps large organizations find AI agents operating across business applications and see which identities, permissions, data and workflows each one can use. The company announced $55 million in additional funding on Sept. 29, with customer AT&T joining as a strategic investor through AT&T Ventures.

For a security team, the workflow starts by discovering agents through direct application integrations and browser and network signals. Reco’s graph then connects each agent with its accounts, permissions and reachable systems, allowing the team to spot combinations that expose sensitive information and reduce access, revoke old credentials or disable an unsafe integration.

The risk becomes concrete when an agent remains after its creator leaves or when interconnected permissions make an otherwise low-risk agent more dangerous. CEO Ofer Klein told TechCrunch that Reco found 21,000 previously unknown agents at one Fortune 100 customer. He also said a financial-services customer had an agent created by a former employee that could reach Salesforce and send data to an unseen domain.

Reco moved into this category from software that primarily mapped and secured SaaS and AI applications. TechCrunch identified at least two dozen vendors offering some form of agent security, many with similar discovery and governance language. Against that crowd, Reco emphasizes connection coverage, reporting more than 280 application integrations and 1,000 detection controls.

The company has more than 100 customers, Klein told TechCrunch, with financial-services companies accounting for about 40% of Reco’s business. AT&T’s participation turns one of those customer relationships into capital as well: the carrier said it uses Reco for visibility into agent risks, access management and third-party integrations.

The financing follows a $30 million Series B announced in February and brings Reco’s total capital raised to $140 million. Forestay and Quadrille Capital also joined the new investment. Reco plans to use the money for sales, partnerships, distribution channels and customer support.