Raven.io Raises $20M to Expand Runtime Application Security Platform

There’s a moment in every market when the old guard is still arguing about yesterday’s problems while a new player quietly builds for the ones already kicking down the door. That’s where Raven.io just planted its flag, pulling in $20M and making a very direct statement about where security is actually headed, not where the dashboards say it is.

Big respect to Roi Abitboul and Guy Franco, along with Omer Yair, for seeing the gap before it became a crater. And while we’re here, don’t overlook Lori Brigg driving revenue like it actually matters, because it does. This isn’t theory. This is product meeting pressure in real time.

Norwest led the seed, Elron Ventures stepped in on the post-seed, and the rest of the table reads like a room that knows how to spot signal through noise. SentinelOne, RedSeed Ventures, UpWest, Jibe Ventures, Dnipro VC, Unusual Ventures, CyberFuture, plus Slavik Markovich. That’s not a casual cap table. That’s conviction with pattern recognition.

Now let’s talk about the uncomfortable truth. CVEs used to be the scoreboard. Find it, patch it, move on. Clean, neat, and completely outpaced by AI-generated exploits that don’t bother announcing themselves. Raven.io doesn’t wait for a vulnerability to be named. It watches what your application actually does, in motion, under pressure, when things get weird. And when behavior breaks pattern, it shuts it down before the damage gets a headline.

11 enterprise customers already running this in production, mostly in industries where “we’ll fix it later” is not a strategy, it’s a liability. Insurance. Financial services. Places where one exploit isn’t just a bug, it’s a board meeting.

Here’s the part founders should sit with. This didn’t come from chasing trends. It came from proximity to pain. The team built performance tech first, saw deeper into runtime than most, then realized that same visibility could stop attacks cold. That’s not a pivot for optics. That’s listening to reality and having the guts to follow it.

And investors didn’t fund a pitch. They funded timing. A $17B market where the fastest growing slice is the one that actually works when the attack doesn’t look like the last one.