About Versive
Versive is a Technology company based in Waterloo (Canada) founded in 2012, and was acquired by eSentire in October 2018. Cyber threats are prioritized via AI-driven analytics platform by Versive. Versive has raised $78.97 million across 9 funding rounds from investors including Goldman Sachs, eSentire and Bank of America. The company has 135 employees. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Security Analytics and Threat Detection. Its legal entity is ESENTIRE AMERICA.
Company details
Versive was established in 2012 in Waterloo, Canada, as an AI and big-data analytics firm before shifting to cybersecurity in 2017. Machine-learning tools for detecting advanced persistent threats, insider risks, malicious domains, and data exfiltration are offered through its Versive Security Engine. This platform automates kill-chain analysis and campaign prioritization to support incident response and risk mitigation for organizations across sectors.
- Headquarters Waterloo, Canada
- Employees 135
- Stage Acquired
- SectorsTechnology
- Website versive.com
- Social X
- Acquired by eSentire (Oct 2018)
- Legal Name Esentire America
- Total Equity Funding$78.97M (USD)
in 9 rounds
- Latest Funding Round$12.7M (USD), Series C
Aug 2017
- InvestorsGoldman Sachs
& 10 more
- Employee Count135
- Acquired byeSentire
(Oct 2018)
Funding Insights of Versive
Versive has successfully raised a total of $78.97M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $12.7 million completed in August 2017. 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 $78.97M
- Total Rounds 9
- Last Round Series C โ $12.7M
- First Round $1.3M
(Jun 2012)
- Investors Count 10
All 9 funding rounds of Versive 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 |
|---|---|---|---|---|---|
| Aug 2017 | $12.7M | Series C | โ | โ | |
| Sep 2015 | $13.5M | Series B | โ | โ | โ |
| Oct 2014 | $13.61M | Series B | โ | Bank of America, Formation 8 | โ |
| May 2014 | $21M | Series B | โ | Formation 8 | |
| Jul 2013 | $7M | Series A | โ | โ | |
| Jul 2013 | $7.06M | Series A | โ | Bloomberg Beta, Vulcan Capital | |
| Nov 2012 | $1.5M | Seed | โ | โ | |
| Jun 2012 | $1.3M | Seed | โ | โ | |
| Jun 2012 | $1.3M | Seed | โ | Madrona Venture Group |
11 investors in total: 8 institutional and 3 angel.
Investors in Versive
Versive has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goldman Sachs, eSentire and Bank of America.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
VC Firm investing in the US | formation8.com | San Francisco, United States | ||
Private equity investments are backed by a single-family office firm. | capital.vulcan.com | Seattle, United States | ||
Corporate backed venture capital firm focused on multiple sectors | bloombergbeta.com | San Francisco, United States | ||
Tech companies are invested in by New York Life Ventures. | nylventures.com | New York, United States | ||
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
MM Mike McSherry | Angel investor, ex-CEO of Swype, active in tech startups | unknown_480aa7ad76ff494ca | ||
CK Cliff Kushler | Angel investor, co-inventor of T9 and Swype, tech innovator | unknown_dd236993b42e4f3e8 | ||
MI Mark Illing | unknown_e6e1f7ec2ef94920b |
Investor details for Versive
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.
Timeline of Versive
4 dated milestones of Versive across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Versive is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series C, of $12.7M.
- Exit Acquired by eSentire.
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Related news about Versive
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Frequently Asked Questions about Versive
Versive was founded in 2012.
Versive is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Versive is a funded company, having raised a total of $78.97M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 2012.
Versive has 135 employees.
Versive was established in 2012 in Waterloo, Canada, as an AI and big-data analytics firm before shifting to cybersecurity in 2017. Machine-learning tools for detecting advanced persistent threats, insider risks, malicious domains, and data exfiltration are offered through its Versive Security Engine. This platform automates kill-chain analysis and campaign prioritization to support incident response and risk mitigation for organizations across sectors.
Versive has 11 investors. Key investors include Goldman Sachs, eSentire, Bank of America, Madrona, and Formation 8.
Versive operates through Esentire America.
Yes. Versive was acquired by eSentire in October 2018.

