Reco
Cybersecurity software that helps security teams discover, govern and secure SaaS applications, identities and AI agents.
$55MSeries B extension
ParticipantFC
Forestay Capital
Activity from announced rounds
Activity in this selectionAI
Forestay Capital is an enterprise AI and SaaS investment manager whose official site identifies Reco, Fonoa and Pivot.
Recorded funding activity
Reco secures SaaS applications, identities and agents. Fonoa automates indirect-tax compliance, while Pivot develops procurement and finance operations software. These financings concern different enterprise controls rather than interchangeable descriptions of AI software.
Sources
- Rounds participated in
- 4
- Confirmed lead rounds
- 0 3 roles undisclosed
- New companies
- 4 First participation on record · 0 follow-on
- Funding in participating rounds
- $205M 3 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
4 in this selectionFonoa
Provides AI-powered indirect tax compliance platform covering determination, e-invoicing, and returns
$110MSeries C
Role not disclosedPivot
Develops AI-powered procurement and finance operations platform
$40MSeries B
Role not disclosedConvelio
Provides AI-powered fine art logistics and storage services
UndisclosedSeries C
Role not disclosed