About Venn Corp
Venn Corp is a company based in Vienna (United States) founded in 2012, and was acquired by Farragut Capital Partners in August 2013. Third-party logistics for construction projects and FFE are managed globally. Venn Corp has raised $400 thousand across 1 funding round from investors including Farragut Capital Partners. The company has 5 employees. Its chief executive, as recorded, is Michael Scotch.
Company details
Provider of third-party project logistics management for construction. This company manages the logistics of construction materials and fixtures, furniture, and equipment (FFE) globally. Services include transportation management, FFE coordination (procurement through installation and vendor payment), project inventory warehousing and management reporting, and transportation budgeting and cost analysis. They utilize a network of logistics service providers and offer access to all modes of transport. The company also integrates logistics planning with traditional project management services. Their services aim to ensure timely delivery of materials to construction sites, resulting in cost savings for project participants. An affiliate company manages shipments to specific destinations.
- Headquarters Vienna, United States
- Employees 5
- Stage Acquired
- Website venn-corp.com
- Social LinkedIn
- Acquired by Farragut Capital Partners (Aug 2013)
- Total Equity Funding$400K (USD)
in 1 rounds
- Latest Funding Round$400K (USD), Seed
Jun 2013
- Investors
- Employee Count5
- Acquired byFarragut Capital Partners
(Aug 2013)
Funding Insights of Venn Corp
Venn Corp has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in June 2013. 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 $400,000
- Total Rounds 1
- Last Round Seed β $400,000
- First Round $400,000
(Jun 2013)
All 1 funding rounds of Venn Corp 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 |
|---|---|---|---|---|---|
| Jun 2013 | $400,000 | Seed | β | β | β |
1 investors in total: 1 institutional.
Investors in Venn Corp
Venn Corp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Farragut Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Farragut Capital Partners is engaged in providing mezzanine and equity capital. | farragutcapitalpartners.com | Chevy Chase, United States |
Investor details for Venn Corp
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 Venn Corp
3 people are tracked at Venn Corp (3 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Michael Scotch | CEO | Leadership |
Christopher Smith | Vice President of Operations at Venn Corporation and Hawaiian Islands Forwarders | Leadership |
Ian Cantrell | Vice President of Business Development | Leadership |
Complete people profiles for Venn Corp
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 Venn Corp
3 dated milestones of Venn Corp across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Venn Corp is founded.
- Funding First funding round of $400K.
- Exit Acquired by Farragut Capital Partners.
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Frequently Asked Questions about Venn Corp
Venn Corp was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Venn Corp is headquartered in Vienna, United States.
Michael Scotch is the CEO of Venn Corp, as recorded in our data.
Venn Corp is a funded company, having raised a total of $400K across 1 funding round to date. The company's 1st funding round was a Seed of $400K, raised on Jun 2013.
Venn Corp has 5 employees.
Provider of third-party project logistics management for construction. This company manages the logistics of construction materials and fixtures, furniture, and equipment (FFE) globally. Services include transportation management, FFE coordination (procurement through installation and vendor payment), project inventory warehousing and management reporting, and transportation budgeting and cost analysis. They utilize a network of logistics service providers and offer access to all modes of transport. The company also integrates logistics planning with traditional project management services. Their services aim to ensure timely delivery of materials to construction sites, resulting in cost savings for project participants. An affiliate company manages shipments to specific destinations.
Venn Corp has 1 investor. Key investors include Farragut Capital Partners.
Yes. Venn Corp was acquired by Farragut Capital Partners in August 2013.
