Venn
Toronto, CA · 12 known investors
Find your way into Venn
Venn is a business banking platform built exclusively for Canadian businesses, offering payment processing and financial management tools. The company provides CDIC-protected accounts and enterprise-level controls to help businesses send, spend, and scale their finances.
Founders & leadership
Investors · 12
Gradient VenturesSan Francisco · $100K – $10M
Group 11Beverly Hills · $5M – $20M
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Left Lane CapitalNew York · $5M – $75M
XYZ Venture CapitalSan Francisco · $10K – $5M
Bridges IsraelreportedKibbutz Glil-Yam · $1M – $7M
CIM GroupreportedLos Angeles
Hamilton Lanereported · 2 sourcesConshohocken
LatitudereportedSan Francisco
LocalGlobereported · 2 sourcesLondon
noareported · 2 sourcesLondon
PitangoreportedTel Aviv · $4M – $100M
Also in the syndicate · 1
FinTLV
Funding
SEC filings, press & company announcements$52M disclosed across 1 of 3 rounds · 2021–2025
- $52MSeries BNov 2025 · 3 sources
CIM Group (lead), NOA (lead), FinTLV, Group 11, Hamilton Lane, Latitude, LocalGlobe
Source ↗ - Undisclosed amountSeries AFeb 2025Source ↗
- Undisclosed amountSeries BJun 2021
Group 11 (lead), Bridges Israel, Hamilton Lane, Pitango
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 5
by search overlap
Wise8995 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Revolut7266 shared keywordsLondon-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
Transfer Go5090 shared keywordsTransferGo is a financial platform that enables money transfers and financial services for people and businesses across borders, serving expatriates, freelancers, and international users in over 160 countries.
Remitly4110 shared keywordsRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
Instarem3874 shared keywordsInstarem operates a cross-border money transfer service enabling individuals and small-to-medium businesses to send funds internationally with competitive exchange rates and low fees. The platform serves customers across more than 60 locations globally, having processed over $6 billion in annual transfers.
Companies competing with Venn for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Venn do?
- Venn is a business banking platform built exclusively for Canadian businesses, offering payment processing and financial management tools. The company provides CDIC-protected accounts and enterprise-level controls to help businesses send, spend, and scale their finances.
- Who founded Venn?
- Venn was founded by Ahmed Shafik, Saud Aziz.
- Who are Venn's investors?
- Venn's investors include Gradient Ventures, Group 11, Left Lane Capital, XYZ Venture Capital, Bridges Israel, CIM Group, Hamilton Lane, Latitude and 3 more.
- How much funding has Venn raised?
- Venn has disclosed $52M raised across 1 of its 3 known rounds.
- Where is Venn headquartered?
- Venn is headquartered in Toronto, CA.