# Vendia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vendia

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.vendia.net
- Total disclosed funding: $50M
- Latest round: Series B (May 31, 2022)
- Investors on record: 14

## About

Vendia Inc. is a US-based company specializing in innovative data sharing solutions, enabling seamless data exchange across diverse enterprise environments through its robust platform.Founded in 2020 and headquartered in San Francisco, US, Vendia Inc. focuses on data sharing technologies. The company has successfully raised a total of USD 30 mn in funding, with the most recent funding round being a Series B, which took place on May 31, 2022, led by NewView Capital and included participation from notable investors such as Lux Capital and NeoTribe Ventures. The founders are Shruthi Rao and Carine Vincenzi, while Tim Wagner serves as the CEO.Vendia specializes in providing a robust data sharing platform designed to facilitate efficient data exchange across various enterprise environments. Their core offerings include Data Sharing as a Service, which enables organizations to access and unify data from multiple sources, including SaaS applications, data warehouses, and cloud environments. This service aims to resolve use cases such as real-time operational insights, simplified logistics through multiple warehouses, and secure data sharing for sensitive information. Vendia's products cater to a wide array of industries, including financial services, healthcare, and manufacturing, serving clients with complex data needs on a global scale. The platform's functionalities support various end-users, from data analytics teams to operational managers, ensuring seamless connectivity and collaboration across business networks.Vendia generates revenue primarily through a subscription-based model for its data sharing platform and associated services. Clients engage in partnerships that may involve monthly or annual subscription fees, enabling access to Vendia's suite of tools tailored for data management and sharing. The structure of transactions typically encompasses B2B interactions where enterprises leverage Vendia’s platform to enhance operational efficiencies and data governance. Vendia’s flagship offerings, including the AI Data Platform and Data Clean Rooms, contribute to their revenue stream by providing advanced capabilities for data processing and compliance. This structured approach ensures clients receive the necessary resources to facilitate data monetization, improve transparency, and streamline compliance efforts.In May 2022, Vendia Inc. raised USD 30 mn in Series B funding to support various growth initiatives. The company plans to double its employee count by the end of 2022, which will enhance its capabilities in delivering data sharing solutions. As part of its strategy for future growth, Vendia is also exploring opportunities for expanding its market presence in North America and Europe. Specific details regarding upcoming product launches have not yet been disclosed, but the company aims to leverage its recent funding to further innovate its offerings.

## Funding rounds

- Series B, May 31, 2022, $30M — Aspenwood Ventures, Sorenson Capital, Lux Capital, BMW i Ventures, Canvas Prime, NeoTribe Ventures, NewView Capital, Operator Partners, Neythri Futures Fund
- Series A, Jan 28, 2021, $15M — Aspenwood Ventures, Sorenson Capital, Correlation Ventures, BMW i Ventures, Floodgate, Future\Perfect Ventures, Firebolt Ventures, Canvas Prime, WestWave Capital
- Seed, Jul 1, 2020, $5.1M — Aspenwood Ventures, Correlation Ventures, Floodgate, Future\Perfect Ventures, Firebolt Ventures, WestWave Capital

## Investors

- Aspenwood Ventures (https://capitalatlas.ai/funds/aspenwood-ventures) — Seed, Series A, Series B
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed, Series A
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed, Series A
- Future\Perfect Ventures (https://capitalatlas.ai/funds/future-perfect-ventures) — Seed, Series A
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Seed, Series A
- WestWave Capital (https://capitalatlas.ai/funds/westwave-capital) — Seed, Series A
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series A, Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A, Series B
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series A, Series B
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series B
- NeoTribe Ventures (https://capitalatlas.ai/funds/neotribe-ventures) — Series B
- NewView Capital (https://capitalatlas.ai/funds/newview-capital) — Series B
- Operator Partners — Series B
- Neythri Futures Fund (https://capitalatlas.ai/funds/neythri-futures-fund) — Series B