Vendia is a blockchain-based platform that enables businesses to share code and data with partners across applications, platforms and clouds, offering an immutable serverless ledger for data accuracy, provenance and traceability. Developers supply a JSON schema and receive a GraphQL API, with the blockchain layer largely abstracted from users. The company has added customers including BMW, Aerotrax and Slalom and has focused on financial services, travel and hospitality verticals to date. Vendia currently supports AWS, recently launched Azure support, and lists Google Cloud Platform on its roadmap while expanding connections to more services. The company launched a CRM data-sharing product line and is investing in its file-sharing capabilities in response to customer traction. Vendia has about 100 employees and plans to use the new funding to double headcount by the end of the year. Vendia offers a serverless, distributed platform that makes sharing real-time data and code across accounts, regions, clouds, and organizations straightforward and well-governed. The company launched Vendia Share with a free developer tier to let teams build multi-region, multi-account, multi-owner distributed applications on AWS quickly, with autogenerated GraphQL APIs, fine-grained authorization, and integrations for AWS services like Lambda, SQS, and S3. Customers named in the article include BMW, Best Friends Animal Society, United Natural Foods, Inc., and a leading travel-industry company, with use cases spanning supply chains, logistics tracking, financial settlements, and ML/Edge/IoT data sharing. Vendia emphasizes easy proof-of-value (a one-week pilot) and schema-driven development to turn custom data models into production multi-party solutions. The company was founded by Dr. Tim Wagner and Shruthi Rao and is based in San Francisco. With the Series A, Vendia is accelerating go-to-market efforts, opening new sales channels, growing engineering teams, and planning platform expansion to Microsoft Azure and Google Cloud. Vendia was founded by Tim Wagner (inventor of AWS Lambda) and Shruthi Rao (former head of blockchain at AWS) to combine serverless and distributed-ledger ideas into a multicloud serverless platform. Its first product, Vendia Share, lets businesses share data with partners and across clouds in real time while preserving control, provenance tracking, and tamper-proofing. The company positions Vendia Share as a virtual data lake for large datasets that need controlled sharing with third parties. Vendia is already working with a handful of design partners across multiple industries to test the product. The startup raised a $5.1M seed round and plans to use the funding to expand its engineering team and build out tooling. The company completed most of the round after the coronavirus pandemic took hold in the U.S.

Total raised

$51M

Funding rounds

3

Latest round

Series B

Latest activity

May 2022