Valence Security offers a platform to detect and contextualize a company’s SaaS apps, surface vendor risk, spot misconfigured security controls and prioritize remediation across third-party integrations, keys and no-/low-code workflows. The product also includes identity-security flows to ensure central identity provider management, multi-factor authentication and proper offboarding. Demand is driven by SaaS sprawl and supply-chain attack risk; the article cites averages of ~80 SaaS apps per enterprise and >150 apps for firms with 1,000+ employees. Valence was cofounded in 2021 and is Tel Aviv–based. The company has a 25-person headcount and plans to double that by year-end while directing new capital toward product development. Matichin did not disclose customer count or projected revenue in the article. Valence brings zero‑trust security principles to the Business Application Mesh, a mix of SaaS and self‑hosted business applications interconnected via APIs and platforms like Zapier and Workato. Its platform provides immediate, nonintrusive risk‑surface management by mapping app‑to‑app integrations and spotlighting risky third‑party connections. The product enables enforcement of policies such as least privilege to reduce exposure from supply‑chain attacks, misconfigurations and data leaks. Valence positions itself as addressing gaps in existing third‑party risk solutions and cites incidents like the Mimecast/SolarWinds breach to illustrate the problem. Founded by cybersecurity veterans Yoni Shohet and Shlomi Matichin, the company says its platform is already deployed at select global enterprises that have significantly reduced their risk surface. Valence announced its public launch out of stealth alongside a $7M seed raise led by YL Ventures.

Total raised

$32M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2022