RAVEN.IO, a cybersecurity firm that protects applications at runtime and blocks both known and unknown attacks as they occur, has raised $20m in funding.
Norwest led the seed round, with Elron Ventures heading a follow-on post-seed investment. Additional backers include RedSeed, UpWest, SentinelOne, Jibe Ventures, Dnipro VC, Unusual Ventures, CyberFuture and Descope CEO Slavik Markovich.
The capital will be used to advance product development, grow the engineering and research teams, and scale commercial activities in the US.
The funding comes as AI-powered exploit generation is outpacing traditional vulnerability management. Threat actors can now weaponise flaws faster than the CVE system can catalogue them, leaving organisations exposed before any patch or signature is available. RAVEN.IO tackles this by monitoring code behaviour from within the running application itself, generating a unique fingerprint for each execution path and flagging deviations instantly — no known CVE required, and no performance impact.
The platform is already live with 11 enterprise customers across the insurance and financial sectors, and its core technology is protected by three US patents.
Raven.io CEO Roi Abitboul said, “In an era where AI tools can identify and exploit vulnerabilities at unprecedented scale and speed, organizations can no longer rely solely on signatures or on CVEs published after the fact. We founded RAVEN.IO to enable organizations to precisely prevent attacks and to truly understand, in real time, what is happening inside their applications, without compromising performance or business continuity.”
Elron Ventures CEO Yaniv Shnieder said, “RAVEN.IO operates in one of the fastest-growing areas of cybersecurity. The application security market is currently estimated at around $17 billion, with runtime application security among its fastest-growing segments. The shift toward modern architectures, cloud environments and accelerated AI-driven development is creating a need for a deeper security layer within the application itself. We believe strongly in the company’s business momentum and in its potential for broad adoption across global enterprises, which is why we joined and are supporting the company post-seed.”
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