Fundz

Reciprocity Announces $60M Growth Investment From Francisco Partners

PRIVATESep 08, 2022

Amount Raised

$60 Million

Round Type

Venture

San FranciscoInformation TechnologySoftwareSecurityCyber SecurityRisk Management

Description

Reciprocity (the “Company”), a leader in information security, risk, and compliance, today announced it has closed on a $60M strategic growth investment from Francisco Partners (“FP”), a leading global investment firm that specializes in partnering with technology businesses. This investment will support Reciprocity to build on the momentum of its powerful new approach to risk management with accelerated product innovation and expansion of go-to-market activities.

Quick answer

Reciprocity raised $60 Million in a funding round, dated September 8, 2022. Reciprocity is based in San Francisco, California, United States.

How much did Reciprocity raise?
Reciprocity raised $60 Million in a funding round on September 8, 2022.
What does Reciprocity do?
Reciprocity is pioneering a first-of-its-kind approach to IT risk management that ties an organization’s risk directly to its business strategy.
Where is Reciprocity based and how big is it?
Reciprocity is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Reciprocity that raised within 45 days of this round, from Fundz verified event records.

  • Bolster raised $15M (Funding Round) on October 18, 2022.
  • Versa Networks raised $75M on October 14, 2022.
  • Tidal Cyber raised $4M (Seed) on October 4, 2022.
  • Onyxia raised $5M (Funding Round) on September 29, 2022.
  • Tidal Cyber raised $4.2M (Seed) on September 23, 2022.
  • Fidelis Cybersecurity raised an undisclosed amount on September 15, 2022.

Who to call at Reciprocity, and when

A new round usually means Reciprocity is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Reciprocity raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Reciprocity, from your own LinkedIn network

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Company Information

Company

Reciprocity

Location

San Francisco, California, United States

About

Reciprocity is pioneering a first-of-its-kind approach to IT risk management that ties an organization’s risk directly to its business strategy. The fully integrated and automated Reciprocity ROAR™ Platform empowers security executives to communicate the direct impact of risk on high-priority business initiatives to key stakeholders, helping them make smarter, more informed decisions. With Reciprocity, InfoSec teams can strategically support their organization and foster company growth by optimizing resources and mitigating expensive data breaches, system failures, lost opportunities and vulnerabilities with their customers’ data.

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Fundz sees it the moment Reciprocity raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Reciprocity raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.