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Best CEOs of Small and Midsize Companies, Ranked by Employees of Color

Best CEOs of Small and Midsize Companies, Ranked by Employees of Color
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Vena Raises $300 Million in Series C Funding To Transform How Businesses Plan To Grow

Vena Raises $300 Million in Series C Funding To Transform How Businesses Plan To Grow
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TORONTO, April 27, 2021 /PRNewswire/
Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has raised $300 million in Series C funding. The minority round is one of the largest for a Canadian tech company and is led by
Vista Equity Partners ( Vista ), a leading global investment firm that exclusively invests in enterprise software, data and technology-enabled businesses. Vena will use the funds to accelerate growth and continue to provide a market-leading customer experience.
Vena is a cloud-native platform that leverages the familiarity and flexibility of an Excel interface within the Vena Growth Engine the technology and methodology businesses use to streamline finance processes, connect teams, drive decision making and plan with confidence for today and tomorrow. With this round, ....

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Vena raises $300 million from Vista Equity Partners

Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners.
The Series C round gives Vista a minority stake in the Toronto-based company. Vena stated plans to use the funds to accelerate growth.
Vena, founded in 2011, provides cloud-based financial planning and analysis (FP&A) to medium and large-sized companies. Its technology aids in the management of budgeting, forecasting and business planning. The startup currently has more than 900 customers.
The Series C financing follows $25 million USD in growth capital financing Vena secured in September from CIBC Innovation Banking. At the time, it was noted that the loan was meant to support the startup amid the COVID-19 pandemic, with Vena CFO Darrell Cox calling the facility a “very low-cost buffer in uncertain times.” ....

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Private equity firm led by key figure in U.S. tax evasion case makes $300-million investment in Toronto's Vena Solutions

Private equity firm led by key figure in U.S. tax evasion case makes $300-million investment in Toronto's Vena Solutions
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Vista Equity takes minority stake in Canada's Vena with $242M investment – TechCrunch

Vista Equity takes minority stake in Canada’s Vena with $242M investment
Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners.
As part of the financing, Vista Equity is taking a minority stake in the company. The round follows $25 million in financing from CIBC Innovation Banking last September, and brings Vena’s total raised since its 2011 inception to over $363 million.
Vena declined to provide any financial metrics or the valuation at which the new capital was raised, saying only that its “consistent growth and…strong customer retention and satisfaction metrics created real demand” as it considered raising its C round. ....

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