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Nokod Security

Nokod Security governs and secures low-code/no-code applications, detecting vulnerabilities and malicious activity in a fast-growing app-development category traditional AppSec tools largely miss.

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63/100Incremental Innovator

Overview

Nokod Security builds application security and governance tooling purpose-built for low-code/no-code platforms (such as Power Platform and similar citizen-development tools), detecting vulnerabilities, misconfigurations, and malicious activity in apps built outside traditional software development pipelines, and automating remediation where possible.

Founded in 2022 by Yair Finzi and Amichai Shulman and based in Tel Aviv, Israel, Nokod raised an $8 million seed round from Acrew Capital, Meron Capital, and Flint Capital, with funds earmarked for U.S. market expansion and continued vulnerability research in the low-code/no-code space.

Nokod’s differentiator is category focus: most application security tools are built for traditional code repositories and CI/CD pipelines, leaving citizen-developer-built low-code/no-code apps — which often handle real business data — largely unmonitored, a gap Nokod is built specifically to close.

Innovation Matrix Assessment

Innovation Velocity 7/10

Built and shipped a purpose-built governance and detection platform for an underserved application category within its first two years.

Operational Value 6/10

Closes a real, growing blind spot as citizen developers build business-critical apps outside traditional AppSec visibility.

Market Momentum 7/10

$8M seed round is a modest, early-stage raise; the company is still establishing U.S. market presence. Recognized in Cyber Defense Media Group's 2026 Global InfoSec Awards (1 award), independently juried industry validation of market traction.

Category Disruption 6/10

Genuinely addresses a category with little dedicated tooling, though it remains a relatively narrow niche within the broader AppSec market.

Real-World Efficacy 5/10

Founder research credentials (co-founder Amichai Shulman previously co-founded Imperva) lend technical credibility, but independent test results were not found.

Enduring Relevance 7/10

Low-code/no-code adoption continues to accelerate, making dedicated governance for this app category more relevant, not less, over time.

Why CISOs Should Care

Closes a governance and security blind spot for low-code/no-code apps built by citizen developers, which typically bypass traditional AppSec review.

What Makes It Different

Purpose-built exclusively for low-code/no-code platforms rather than extending a general-purpose SAST/DAST tool to cover them as an afterthought.

The Matrix Verdict

63/100 — INCREMENTAL INNOVATOR

A focused, technically credible niche player addressing a real and growing AppSec blind spot, still early in market development.

Editorial Note: Claims vs. Verified Findings

Funding and go-to-market details are drawn from the company's seed-round announcement; independent customer validation was not found.

Sources