What is Very Good Security?
Very Good Security (VGS) is dedicated to empowering consumers by preventing sensitive information from falling into the wrong hands. The company provides accessible data security solutions tailored for emerging technology firms, thereby stimulating expansion across diverse industry verticals. By managing liability and expediting compliance processes, VGS enables businesses to finalize critical deals more rapidly. VGS stands at the vanguard of security innovation, safeguarding data in all its forms, including documents, visual media, electronic communications, and audio transmissions.
How much funding has Very Good Security raised?
Very Good Security has raised a total of $43.5M across 2 funding rounds:
Series A
$8.5M
Series B
$35M
Series A (2018): $8.5M with participation from Vertex Ventures, Andreessen Horowitz, Nyca Partners, and Slow Ventures
Series B (2019): $35M led by Vertex Ventures US, Andreessen Horowitz, and Goldman Sachs' Merchant Banking Division
Key Investors in Very Good Security
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators. The firm emphasizes building strong relationships with portfolio companies, providing operational insights, and facilitating connections to enhance growth. Vertex Ventures US is part of a global network, allowing them to offer extensive resources and expertise to their clients.
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for its investments in technology companies. They provide not only capital but also strategic guidance and operational support to their portfolio companies, aiming to foster significant growth and innovation. The firm is recognized for its deep industry expertise and extensive network within the tech ecosystem.
Nyca Partners
Nyca Partners is a fintech venture capital firm that specializes in seed to Series B investments across payments, infrastructure, capital markets, and embedded finance. With over a decade of experience, the firm combines industry expertise with a collaborative approach, providing not just capital but also hands-on support and access to a vast network of senior leaders. Focused on early-stage investing, Nyca employs a disciplined, thematic strategy that adapts to technological and market changes. Their portfolio includes a diverse range of companies, emphasizing innovation in financial services and technology.
What's next for Very Good Security?
The substantial enterprise-level investment in Very Good Security signals a strategic pivot towards scaling operations and potentially expanding its market reach. With a clear focus on assuming data liability and accelerating compliance, VGS is well-positioned to capture a larger share of the burgeoning data security market. Future growth will likely involve further product development, strategic partnerships, and enhanced go-to-market strategies to address the increasing demand for robust data protection solutions in an evolving digital landscape.
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