About Very Good Security
Very Good Security is a Financial Services company based in San Francisco (United States) founded in 2015 by Marshall Jones and Mahmoud Abdelkader. It operates as a cloud-based data privacy and security management solutions are provided. 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. Its chief executive is Mahmoud Abdelkader. Its website verygoodsecurity.com draws about 17 thousand monthly visits. Very Good Security offers products and services including Card Management Platform, Network Tokens, and Account Updater. Its focus areas include FinTech, Payments, Enablers and Payment Security. Its legal entity is VERY GOOD SECURITY, INC. Its competitors include Quantexa, TokenEx, Evervault, Eckoh and TrustCommerce and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Employees 73
- Founders Marshall Jones, Mahmoud Abdelkader
- SectorsFinancial Services
- Email••••••••
- Website verygoodsecurity.com
- Social LinkedIn X Facebook
- Legal Name Very Good Security, Inc.
- Total Equity Funding$103.5M (USD)
in 5 rounds
- Latest Funding Round$60M (USD), Series C
Dec 2020
- InvestorsVisa
& 7 more
- Employee Count73
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.
Platform for secure card data storage and updates.
Service for merchant-specific tokens to reduce fraud.
Tool for updating card information to minimize failed payments.
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.
- Total Funding $103.5M
- Total Rounds 5
- Last Round Series C — $60M
- Investors Count 8
All 5 funding rounds of Very Good Security 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 |
|---|---|---|---|---|---|
| Dec 2020 | $60M | Series C | – | Vertex Ventures | |
| Jan 2020 | – | Series B | – | Visa | – |
| Oct 2019 | $35M | Series B | – | Goldman Sachs Investment Partners | |
| Aug 2018 | $8.5M | Series A | – | a16z | |
| Jun 2016 | – | Seed | – | Vertex Ventures | – |
8 investors in total: 7 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | – | a16z.com | - | |
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Investments are directed toward early-stage consumer-tech startups. | – | scifi.vc | San Francisco, United States | |
Tech focused early stage VC firm investing in the US | – | nyca.com | New York, United States | |
Early-stage tech investments are made primarily in US companies. | – | slow.co | New York, United States | |
Digital payment solutions are offered to individuals and businesses. | 1958 | visa.com | San Francisco, United States | |
Investments are made in technology-based businesses by this VC firm. | – | gsipventures.com | New York, United States | |
ML Max Levchin | Co-founder of PayPal, Affirm CEO, prominent tech investor | – | unknown_deefb5eaa32d4a669 | - |
Investor details for Very Good Security
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Very Good Security
70 people are tracked at Very Good Security (19 in leadership, 51 in team); the tracked headcount is 73.
| Name | Role | Group |
|---|---|---|
Marshall Jones | Co-Founder | Leadership |
Mahmoud Abdelkader | Co-Founder & CEO | Leadership |
Chuck Yu | CEO | Leadership |
Alay Desai | VP & GM, Platform | Leadership |
Jeff Lambert | VP, Revenue | Leadership |
Derek Johnson | VP, People | Leadership |
Arthur Bedel | Global Director, Revenue | Leadership |
Andrew Johnson | VP, Infrastructure | Leadership |
Daniel Ben-Atar | Head Of Data & Revenue Operations | Leadership |
Travis Mottershead | Sr. Director Of Product Delivery | Leadership |
Ajay Pandit | Senior Director, Platform Engineering | Leadership |
Raj Balaebail | Director Of Engineering, Engineering Enablement | Leadership |
Roger Sy | Director Of Software Engineering | Leadership |
Stuart Cianos | Sr. Director Of Security And Compliance (ciso) | Leadership |
Jim D. | Director Of Infrastructure | Leadership |
Arvind Santhanaraman | Head Of Payment Products | Leadership |
Cory Ruthsatz | People Partner | Leadership |
Khyati S. | Senior Director, Marketing | Leadership |
Brittany Kay Eden | Head Of Marketing | Leadership |
Tim Nguyen | General Counsel | Team |
50 more people are available in the full profile.
Complete people profiles for Very Good Security
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Very Good Security
3 dated milestones of Very Good Security across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Very Good Security is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $60.0M.
Competitors of Very Good Security
Very Good Security has 7 listed competitors in our database, 3 of them funded. They include Quantexa, TokenEx, Evervault, Eckoh and TrustCommerce, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantexa.com | 2016 | London, United Kingdom | $545.02M | 552 | AI-powered data and decision intelligence solutions are provided for businesses. | |
| tokenex.com | 2010 | Tulsa, United States | $100.5M | 66 | Data security is delivered via tokenization for PCI compliance. | |
| evervault.com | 2019 | Dublin, Ireland | $22.2M | – | Data encryption solution provider | |
| eckoh.com | 1997 | Hemel Hempstead, United Kingdom | – | 191 | Secure customer contact and payment solutions | |
| trustcommerce.com | 1999 | Santa Ana, United States | – | – | Payment acceptance solutions are provided for diverse sectors including healthcare. | |
| protegrity.com | 1996 | Stamford, United States | – | 136 | Protegrity delivers advanced data security and protection services for various industries worldwide. | |
| bellid.com | 1993 | Rotterdam, Netherlands | – | – | Provider of tokenized payment security and mobile payment solutions |
Detailed competitors of Very Good Security
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Very Good Security
The website of Very Good Security (verygoodsecurity.com) receives about 16.8K visits a month.
- Monthly visits16.8K
▼ 0.8% vs previous month
Websites whose visitors overlap most with Very Good Security. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spreedly.com | 100% | 89.1K | #442,725 | View details | |
| google.com | 62% | 85.8B | #1 | View details | |
| linkedin.com | 58% | 1.9B | #18 | View details | |
| a11y-collective.com | 50% | – | #694,988 | View details | |
| cartpanda.com | 50% | 925.5K | #48,226 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Very Good Security
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- 13 similar websites
- Audience overlap
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Very Good Security (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Very Good Security
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.
Very Good Security has 73 employees.
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 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.
Very Good Security operates through Very Good Security, Inc..