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HomeFinTechVenn: Raises $60M in Series B Funding

Venn: Raises $60M in Series B Funding

Venn Raises $60M in Series B Funding

  • Venn, a NYC based platform and experience company focused entirely on neighborhoods, closed a $60M Series B round
  • The round, which brought total funding raised to date to $100M, following the close of its $40M Series A round in 2019, was led by Group 11
  • The company intends to use the funds to make investment in recruitment, new business, and US operations
  • This will include filling dozens of new research and development positions across Venn’s international product engineering team
  • The company is a platform and experience company focused entirely on neighborhoods
  • The platform operates in neighborhoods from Brooklyn to Tel Aviv, Kansas City, and Berlin, with thousands of units under management for dozens of partners
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