Very Good Security

San Francisco, United States Founded: 2015 • Age: 11 yrs
Cloud-based data privacy and security management solutions are provided.
Annual revenue - Latest available
Total funding $103.5M 5 rounds
Employees 73 Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Very Good Security

Very Good Security is a company based in San Francisco (United States) founded in 2015 by Marshall Jones and Mahmoud Abdelkader. Very Good Security has raised $103.5 million across 5 funding rounds from investors including Visa, Vertex Ventures SG and Andreessen Horowitz. The company has 73 employees as of December 31, 2023. Very Good Security offers products and services including Card Management Platform, Network Tokens, and Account Updater. Very Good Security operates in a competitive market with competitors including Quantexa, TokenEx, Evervault, Eckoh and TrustCommerce, among others.

  • Headquarter San Francisco, United States
  • Employees 73 as on 31 Dec, 2023
  • Founders Marshall Jones, Mahmoud Abdelkader
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Very Good Security, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $103.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $60 M (USD), Series C

    Dec 18, 2020

  • Investors
    Visa

    & 7 more

  • Employee Count
    73

    as on Dec 31, 2023

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Products & Services of Very Good Security

Very Good Security offers a comprehensive portfolio of products and services, including Card Management Platform, Network Tokens, and Account Updater.

Product name locked
Category locked
Primary

Platform for secure card data storage and updates.

Product name locked
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Service for merchant-specific tokens to reduce fraud.

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Tool for updating card information to minimize failed payments.

People of Very Good Security

Headcount 200-500
Employee Profiles 69
Employee Profiles
People
Chuck Yu
CEO
People
Marshall Jones
CTO & Co-Founder
People
Tim Nguyen
General Counsel
People
Alay Desai
VP & GM, Platform

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Funding Insights of Very Good Security

Very Good Security has successfully raised a total of $103.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in December 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.

Investors in Very Good Security

Very Good Security has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Visa, Vertex Ventures SG and Andreessen Horowitz.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Venture capital fund focused on multiple sectors
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Investments are directed toward early-stage consumer-tech startups.
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Investor details for Very Good Security

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Investments & Acquisitions by Very Good Security

Investments
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Investment portfolio details for Very Good Security

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Financial Statements - Very Good Security

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Detailed financials for Very Good Security

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Very Good Security Comparisons

Very Good Security Primary company
Description
Cloud-based data privacy and security management solutions a...
Location
San Francisco, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
73
As of 2023
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Peer comparison for Very Good Security

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Competitors of Very Good Security

Very Good Security 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 Quantexa, TokenEx, Evervault, Eckoh and TrustCommerce, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered data and decision intelligence solutions are provided for businesses.
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Data security is delivered via tokenization for PCI compliance.
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Data encryption solution provider
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Secure customer contact and payment solutions
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Payment acceptance solutions are provided for diverse sectors including healthcare.
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Detailed competitors of Very Good Security

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Latest news on Very Good Security

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Complete news archive for Very Good Security

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Frequently Asked Questions about Very Good Security

Very Good Security was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Very Good Security is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Mahmoud Abdelkader is the current CEO of Very Good Security. They have also founded this company.

Very Good Security is a funded company, having raised a total of $103.5M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Very Good Security is 73.

Very Good Security was founded in 2015 and is headquartered in San Francisco, United States. Cloud-based platforms for data privacy and security are offered, supporting compliance and risk management in sectors like finance and hospitality. Key services encompass PCI compliance, API tokenization, payments orchestration, card issuance, network tokens, bank payments, and omni-channel loyalty systems. Operations focus on enabling secure data handling across various industries.

Very Good Security's top competitors include Quantexa, TokenEx and Evervault.

Very Good Security offers Card Management Platform, Network Tokens, and Account Updater.

Very Good Security has 8 investors. Key investors include Visa, Vertex Ventures SG, Andreessen Horowitz, Goldman Sachs Investment Partners, and SciFi VC.

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