# RECO funding: rounds and investors > RECO has raised $125M across 3 rounds since 2025. Investors include Plug and Play, Insight Partners and Zeev Ventures. Every round with its source. Source: https://millionrounds.com/company/reco (Millionrounds; every figure on the page links to its filing or article) South Korea · [Series B startup](https://millionrounds.com/companies) # Who invested in *RECO* 3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Engineering Raised 2 months ago Funding summary Updated 26 Oct 2026 **$125M** raised across 3 rounds since 2025, from 3 sources **$40M** Series C **$30M** Series B **$55M** Series B - **Latest round:** Series B, $55M Sept 2026 - **Step-up i:** 1.8× - **Investors:** 7 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$40M** Series C **$30M** Series B **$55M** Series B - **First round:** Series C, $40M - **Biggest round:** $55M - **Usual gap between rounds:** 11 months ## The rounds - **Sept 2026** Series B **$55M** *1 new* *3 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) [Zeev Ventures](https://millionrounds.com/fund/zeev-ventures) Source recorded - **Feb 2026** Series B **$30M** *3 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Zeev Ventures](https://millionrounds.com/fund/zeev-ventures) Source recorded - **Mar 2025** Series C **$40M** *3 new* [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program) [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [SparkLabs](https://millionrounds.com/fund/spark-labs) Source recorded ## Founders and team From RECO's own website: 3 founders. **Ofer Klein** Co-Founder & CEO **Dr. Tal Shapira** Co-Founder & CTO **Gal Nakash** Co-Founder & CPO ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series C** 2025 **Series B** 2026 **Series B** 2026 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Zeev Ventures](https://millionrounds.com/fund/zeev-ventures) [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program) [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) [SparkLabs](https://millionrounds.com/fund/spark-labs) ## Everyone who backed them [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **2** rounds [Zeev Ventures](https://millionrounds.com/fund/zeev-ventures) VC firm **2** rounds [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program) Government **1** round [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) Government **1** round [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) VC firm **1** round [SparkLabs](https://millionrounds.com/fund/spark-labs) Accelerator **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=reco). ## Quick answers about RECO ### Who invested in RECO? RECO's investors include Plug and Play, Insight Partners, Zeev Ventures, Korea Tech Incubator Program For Startup and Korea Development Bank, and 2 more on record. ### How much has RECO raised? RECO has raised $125M across 3 rounds since 2025. ### When did RECO last raise? RECO's most recent round was a Series B of $55M in Sept 2026. ### What was RECO's biggest round? Its most recent round, $55M in Sept 2026, is also its largest on record. ### Who backed RECO first? RECO's first round on record, in Mar 2025, was backed by Korea Tech Incubator Program For Startup, Korea Development Bank and SparkLabs. ### What stage is RECO at? RECO's latest named round is a Series B, in Sept 2026. ### Where is RECO based? RECO is based in South Korea. ## Companies like RECO In the same sector, and raised in the last eighteen months. [**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Aikido Technologies** $5.7M · Oct 2026](https://millionrounds.com/company/aikido-technologies)[**BioLinker** $1.7M · Oct 2026](https://millionrounds.com/company/biolinker)[**Flow Engineering** $73M · Sept 2026](https://millionrounds.com/company/flow-engineering)[**Phase0** $3.0M · Sept 2026](https://millionrounds.com/company/phase0) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app