About Venminder
Venminder is a Financial Services company based in Elizabethtown (United States) founded in 2001 by Dana Bowers, and was acquired by Ncontracts in September 2024. It operates as a vendor risk management solutions are delivered through a cloud-based platform. It operates in the Financial Services and Technology sectors. Venminder has raised $45.61 million across 5 funding rounds from investors including Ncontracts, Bain Capital Ventures and MissionOG. Its chief executive is James Hyde. Its website venminder.com draws about 33 thousand monthly visits. Venminder offers products and services including TPRM Software, Vendiligence, and Venmonitor. Its focus areas include Enterprise Applications, GRC Software, Risk Management and Third Party Risk. Its legal entity is VENMINDER, INC. Its competitors include Kyriba, ProcessUnity, CyberGRX, ObserveIT and ISN Software Corporation and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Founded in 2001 and based in Elizabethtown, United States, Venminder operates in the financial services sector, focusing on compliance and risk management. A cloud-based platform is provided to handle third-party vendor risks, including intrinsic risk assessments, document collection, and full lifecycle management from onboarding to ongoing monitoring. Services encompass control evaluations, due diligence processes, and documentation tracking for businesses managing external partners.
- Headquarters Elizabethtown, United States
- Founders Dana Bowers
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website venminder.com
- Social LinkedIn X Facebook YouTube
- Acquired by Ncontracts (Sep 2024)
- Legal Name Venminder, Inc.
- Total Equity Funding$45.61M (USD)
in 5 rounds
- Latest Funding Round$33M (USD), Series C
Nov 2020
- InvestorsNcontracts
& 3 more
- Acquired byNcontracts
(Sep 2024)
Products & Services of Venminder
Venminder offers a comprehensive portfolio of products and services, including TPRM Software, Vendiligence, and Venmonitor.
Platform for managing vendor onboarding and offboarding processes.
Service for outsourced due diligence and risk ratings on vendors.
Tool for real-time risk intelligence in cybersecurity and business health.
Apps and channels of Venminder
its YouTube channel Venminder has 1.86K subscribers and 30 videos.
Videos from Venminder
The most watched videos on Venminder's YouTube channel, Venminder (1.86K subscribers). Click a video to play it here.
More on Venminder.
Funding Insights of Venminder
Venminder has successfully raised a total of $45.61M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in November 2020. 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 $45.61M
- Total Rounds 5
- Last Round Series C — $33M
- First Round $1.31M
(Oct 2012)
- Investors Count 3
All 5 funding rounds of Venminder with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $33M | Series C | – | Silversmith | |
| Jul 2018 | $5M | Series B | – | MissionOG | |
| Dec 2015 | $4M | Series B | – | – | – |
| Apr 2013 | $2.3M | Series A | – | – | |
| Oct 2012 | $1.31M | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Venminder
Venminder has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Ncontracts, Bain Capital Ventures and MissionOG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | – | baincapitalventures.com | Boston, United States | |
Growth-stage US companies are invested in by MissionOG. | – | missionog.com | Philadelphia, United States | |
Venture capital firm investing in technology and healthcare sectors | – | silversmith.com | Boston, United States | |
Integrated risk and compliance solutions are offered for financial institutions. | 2009 | ncontracts.com | Brentwood, United States |
Investor details for Venminder
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Venminder
28 people are tracked at Venminder (6 in leadership, 3 in board & advisors, 19 in team).
| Name | Role | Group |
|---|---|---|
Dana Bowers | Founder | Leadership |
James Hyde | CEO | Leadership |
John Daugherty | Director Of Sales Solutions | Leadership |
Dennis Moore | Senior Director Account Management | Leadership |
Cindy Horn | Chief Operations Officer | Leadership |
Wendy Kotkosky | Senior Executive Director, Sales | Leadership |
Bill Ready | Board Member | Board & advisors |
Todd MacLean | Board Member | Board & advisors |
Brian Smith | Board Member | Board & advisors |
Chasity Crowe | Senior Customer Success Manager | Team |
Bryanna Johnson | Supervisor, Customer Success | Team |
Robert Richards | Sales Development Specialist | Team |
Jess McPheron | Senior Product Manager | Team |
Dan Turner | Senior Product Designer | Team |
James Stopinski | Product Designer, Sr. | Team |
Aaron Nicely | Product Manager | Team |
Eileen Legler | Business Development | Team |
Andrea Wheeler-Thomas | Senior Customer Success Manager | Team |
Joshua Holly | Customer Success Manager | Team |
Karin Jacobson | Manager, Customer Success | Team |
8 more people are available in the full profile.
Complete people profiles for Venminder
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Venminder
4 dated milestones of Venminder across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Venminder is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series C, of $33.0M.
- Exit Acquired by Ncontracts.
Competitors of Venminder
Venminder has 9 listed competitors in our database, 7 of them funded. They include Kyriba, ProcessUnity, CyberGRX, ObserveIT and ISN Software Corporation, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| processunity.com | 2003 | Concord, United States | $69.07M | 214 | Vendor risk management solutions for businesses & financial institutions | |
| cybergrx.com | 2015 | Denver, United States | $99M | 141 | Cloud-based risk assessment and management solutions are provided for enterprises. | |
| observeit.com | 2006 | Boston, United States | $69M | 79 | Insider threats are detected and managed via user behavior analytics. | |
| isnetworld.com | 2001 | Dallas, United States | – | 463 | Contractors and suppliers are managed via an online platform. | |
| prevalent.net | 2004 | Warren, United States | $98.22M | 51 | Vendor risk management solution provider | |
| mitratech.com | 1987 | Austin, United States | – | 245 | Provider of solutions for third party risk management to banks | |
| middesk.com | 2018 | San Francisco, United States | $77M | – | Risk management solutions for financial institutions are offered. | |
| accesspay.com | 2012 | Manchester, United Kingdom | $44.42M | 74 | Cloud based payment automation and cash management solutions for businesses |
Detailed competitors of Venminder
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Venminder
The website of Venminder (venminder.com) receives about 32.5K visits a month.
- Monthly visits32.5K
▲ 8.5% vs previous month
Websites whose visitors overlap most with Venminder. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ncontracts.com | 100% | 39.3K | #799,379 | View details | |
| garp.org | 100% | – | #97,651 | View details | |
| crowe.com | 100% | 527.3K | #124,393 | View details | |
| hallorancg.com | 53% | 3.8K | #5,518,970 | View details |
Top companies in Regulatory & Compliance Tech
10 companies that operate in the same segment as Venminder (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 545.02 M | USD 161.29 M | 886 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | 815 | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Related news about Venminder
Complete news archive for Venminder
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about Venminder
Venminder was founded in 2001 and raised its 1st funding round 11 years after it was founded.
Venminder is headquartered in Elizabethtown, United States. It is registered at Elizabethtown, Kentucky, United States.
James Hyde is the current CEO of Venminder.
Venminder is a funded company, having raised a total of $45.61M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.31M, raised on Oct 2012.
Founded in 2001 and based in Elizabethtown, United States, Venminder operates in the financial services sector, focusing on compliance and risk management. A cloud-based platform is provided to handle third-party vendor risks, including intrinsic risk assessments, document collection, and full lifecycle management from onboarding to ongoing monitoring. Services encompass control evaluations, due diligence processes, and documentation tracking for businesses managing external partners.
Venminder offers TPRM Software, Vendiligence, and Venmonitor.
Venminder has 4 investors. Key investors include Ncontracts, Bain Capital Ventures, MissionOG, and Silversmith.
Venminder operates through Venminder, Inc..
Yes. Venminder was acquired by Ncontracts in September 2024.