Venga
About Venga
Venga is a company founded in 2010 was acquired by Booking in May 2019.. Venga has raised $1.85 million across 2 funding rounds from investors including Booking, Militello y Cia and Thinkfoodthinklife. The company has 22 employees as of December 31, 2022. Venga operates in a competitive market with competitors including Toast, Olo, Zenput, Paytronix and Tillster, among others.
- Employees 22 as on 31 Dec, 2022
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Sectors
ConsumerTechnology
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Phone
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Website
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Social
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- Legal Name Venga, Inc.
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Funding Insights of Venga
Venga has successfully raised a total of $1.85M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.0M
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First Round
First Round
(17 Sep 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2014 | Amount | Series A - Venga | Valuation | Militello y Cia , Thinkfoodthinklife |
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| Sep, 2012 | Amount | Seed - Venga | Valuation | Piedmont Investment Advisors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Venga
Venga has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Booking, Militello y Cia and Thinkfoodthinklife. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Venga
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Venga
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Venga Comparisons
Competitors of Venga
Venga operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, Paytronix and Tillster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Restaurant operations are managed via a cloud-based platform.
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Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Cloud-based loyalty solutions for restaurants and stores are provided.
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SaaS solutions for restaurant online ordering and analytics are offered.
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Provider of cloud-based POS software solutions for businesses and service providers
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Venga
Frequently Asked Questions about Venga
When was Venga founded?
Venga was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Is Venga a funded company?
Venga is a funded company, having raised a total of $1.85M across 2 funding rounds to date. The company's 1st funding round was a Seed of $845.66K, raised on Sep 17, 2012.
How many employees does Venga have?
As of Dec 31, 2022, the latest employee count at Venga is 22.
What does Venga do?
Venga was founded in 2010 as a provider of customer engagement and loyalty solutions within the restaurant sector. The platform is integrated with OpenTable reservation systems and point-of-sale tools to build customer profiles. These profiles incorporate guest preferences, spending history, and aggregated feedback from various sources. Personalized experiences, targeted marketing, optional loyalty programs, and trend analysis based on customer data are facilitated through the system.
Who are Venga's investors?
Venga has 5 investors. Key investors include Booking, Militello y Cia, Thinkfoodthinklife, Big Red Removals, and Piedmont Investment Advisors.
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