Venn (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- February 26, 2025
- Vertical
- Financial Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $21,500,000
Company Info
- Founding Year
- 2022
- Traction
- Since launching in 2023, Venn has onboarded more than 4,000 businesses and is moving upmarket by partnering with companies like Sherpa, MedEssist, and Alan.
- Organizations Involved
- Sherpa, MedEssist, Alan
- Founders
- Ahmed Shafik, Saud Aziz
- Company Description
- Venn, formerly Vault, is a provider of a financial platform built for Canadian businesses, offering a digital banking platform to manage finances with a range of financial products and services, including multi-currency accounts, global bank transfers, and high-yield investment options.
- Market
- Small and Medium-sized Businesses
- Location
- Toronto, Canada
- Coinvestors
- Left Lane Capital, XYZ Venture Capital, Intact Ventures, Gradient