Venn Software
Latest round
- Series A
Last raised
- Feb 2025
Total raised
- $19M
Investors
- 8
About Venn Software
Based in Toronto, Ontario, Canada, and founded in 2021 by co-founders Ahmed Shafik, and Saud Aziz, Venn Software Inc. formerly known as Vault Payments Inc. operates as a comprehensive banking platform specifically designed to cater to the needs of small and medium-sized businesses. In May 2023, Vault Payments Inc. As of May 2023, the company has served over 1000 businesses. Vault Payments Inc. develops a business banking platform with features like multi-currency accounts in CAD, USD, GBP, and EUR to send, hold, and receive funds; currency exchange; multi-currency MasterCard corporate card; spend management tools; domestic and international bank transfers; and accounting integration. Vault Payments Inc. generates revenue through various sources. Its primary revenue streams included monthly fees for account opening and maintenance, overdraft fees, and currency exchange fees. Vault offered physical and virtual corporate cards, earning revenue through cashback programs associated with card usage. Additionally, the company generated revenue from domestic and international transfers, charging fees for sending and receiving both types of transfers.
Who invested in Venn Software
8 investors across 2 rounds
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Questions about Venn Software
Who invested in Venn Software?
Venn Software has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Venn Software raised?
Venn Software has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Venn Software last raise money?
Venn Software's most recent round on record is a Series A, in Feb 2025.
What does Venn Software do?
Based in Toronto, Ontario, Canada, and founded in 2021 by co-founders Ahmed Shafik, and Saud Aziz, Venn Software Inc.
Where is Venn Software headquartered?
Venn Software is headquartered in Toronto, Canada.
Which VCs invest in companies like Venn Software?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Venn Software's stage. Their profiles are linked below.
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