Vendia

Data collaboration and sharing platform

San Francisco, California, United States

About Vendia

Vendia provides a platform for data collaboration and sharing that allows multiple parties or systems to share data in real-time. The platform uses patented distributed ledger technology, which ensures that the data is decentralized and secure, giving users a consistent view of the information being shared. Vendia's service addresses challenges like data traceability and reconciliation, making it easier for clients to make informed decisions quickly. Unlike many competitors, Vendia offers a subscription-based model with pricing tailored to different organization sizes, ensuring that both startups and large enterprises can benefit from its services. The goal of Vendia is to enhance operational efficiency and reduce costs for its clients by automating data reconciliation and providing a single source of truth for data.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$50.6MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees

Risks

Emerging blockchain-based platforms increase competition for Vendia.
Data privacy concerns and regulatory scrutiny could impact Vendia's operations.
Economic downturns in key industries may affect Vendia's client budgets.

Differentiation

Vendia combines smart APIs, databases, and distributed ledger technology in one platform.
The platform offers real-time, trusted, and harmonized data sharing capabilities.
Vendia provides a single source of truth for data, enhancing decision-making and efficiency.

Upsides

Increased demand for real-time data sharing in the automotive industry benefits Vendia.
Growing interest in distributed ledger technology boosts Vendia's market relevance.
Partnerships with major companies like Delta enhance Vendia's credibility and reach.