Vennd
Vennd is a technology company.
Financial History
Vennd has raised $40K across 1 funding round.
Frequently Asked Questions
How much funding has Vennd raised?
Vennd has raised $40K in total across 1 funding round.
Vennd is a technology company.
Vennd has raised $40K across 1 funding round.
Vennd has raised $40K in total across 1 funding round.
Vennd has raised $40K in total across 1 funding round.
Vennd's investors include Blackbird Ventures Australia.
Venn (venn.com) is a cybersecurity technology company that builds Blue Border™, a purpose-built solution enabling secure use of personal, unmanaged, or third-party devices (BYOD) for company data and applications on Mac and PC. It serves compliance-driven industries like financial services (FINRA/SEC-regulated firms), helping businesses support flexible, remote workforces without buying secure laptops or relying on virtual desktops, while meeting standards like FINRA, SEC, NAIC, and SOC 2.[1] The product solves the problem of securing distributed teams by isolating corporate resources on personal hardware, reducing costs and boosting productivity; it has achieved 300% year-over-year ARR growth, supports legacy OS33 customers, and expanded to horizontal security-focused markets.[1]
(Note: Other entities like Vennd Technologies—focused on Property & Casualty claims management software[2][3]—and Venn Technology—integration/automation experts[4]—exist but do not match the query's "Vennd" branding or primary tech focus on workforce security.[1])
Venn emerged from OS33, founded by David Matalon, who serves as CEO. OS33 delivered "Workplace by OS33," a leading secure workspace for wealth management, RIAs, and broker-dealers, securing 700 customers under FINRA/SEC standards.[1] Matalon, dedicated to flexible workforces with security, spun out Venn to broaden beyond finance, targeting distributed teams in compliance-heavy sectors.[1]
Key milestones include a $29M Series A in 2021 led by Newspring Capital, initial R&D for Blue Border™, first users in May 2022, a foundational patent, leadership expansion, and 30% employee growth amid 300% ARR surge.[1]
Venn rides the remote/hybrid work and BYOD explosion post-pandemic, where firms seek cost-effective security amid rising cyber threats and talent wars for flexible setups. Timing aligns with maturing zero-trust models and regulations demanding data isolation on unmanaged devices, favoring Venn's specialized approach over generic VPNs or VDI.[1] Market tailwinds include finance's FINRA/SEC push for secure remote access and horizontal expansion into other compliance sectors; Venn influences the ecosystem by proving BYOD viability, reducing hardware costs, and setting standards for "secure flexibility" in workforce tech.[1]
Venn is poised for hypergrowth by scaling Blue Border™ across industries, leveraging its OS33 foundation and ARR momentum to capture the $20B+ secure access market. Expect deeper AI-driven threat detection, global compliance expansions, and potential Series B to fuel partnerships with MSPs/enterprises. As zero-trust and BYOD mature, Venn could redefine secure remote work, evolving from fintech niche to enterprise staple—building on its "freedom without compromise" promise for a distributed future.[1]
Vennd has raised $40K across 1 funding round. Most recently, it raised $40K Seed in January 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2015 | $40K Seed | Blackbird Ventures Australia |