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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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