Venn, formerly known as Vault, has raised $21.5 million in a Series A round led by Left Lane Capital, with XYZ Venture Capital, Intact Ventures, and Gradient also contributing, to expand its one-stop-shop finance platform for Canadian companies. Co-founded by former Revolut employees Saud Aziz and Ahmed Shafik, Venn aims to consolidate a suite of financial services—everything from international accounts to FX and accounting automation—into one, multi-purpose platform, as a new alternative to legacy banks. The rebranding marks its intentions to offer a full-stack of financial tools to finance teams and CFOs, and rapidly add new capabilities, taking share from legacy institutions and fintech rivals.
All-In-One Financial Platform for Canadian Businesses Venn Raises $21.5M in Series A