When was Venminder founded?

Venminder was founded in 2001 and raised its 1st funding round 11 years after it was founded.

Where is Venminder located?

Venminder is headquartered in Elizabethtown, United States. It is registered at Elizabethtown, Kentucky.

How many employees does Venminder have?

As of Dec 31, 2022, Venminder has 184 employees, reflecting a 36% year-over-year growth in headcount.

Is Venminder a funded company?

Venminder is a funded company, having raised a total of $45.6M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 12, 2012.

When was the latest funding round of Venminder?

Venminder's latest funding was a $***** Series C round on Nov 10, 2020, with participation from 3 investors. Its primary sector is Banking Tech. In United States, the Banking Tech sector has seen $204M in funding in 2026 to date.

Where does Venminder rank among its competitors?

Venminder ranks 27th amongst 552 active competitors, of which 110 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Simetrik, which secured $30M in Jun, 2025.

Who are the top competitors of Venminder?

Venminder's top competitors include Sedgwick, AuditBoard and RapidRatings. Among them, Simetrik secured the most recent funding round in June, 2025.

Venminder - 2026 Company Profile, Team, Funding & Competitors

Venminder is an acquired company based in Elizabethtown (United States), founded in 2001 by Dana Bowers. It operates as a Provider of third-party risk management software and due diligence solutions. Venminder has raised $45.6M in funding from MissionOG and Silversmith. The company has 552 active competitors, including 110 funded and 99 that have exited. Its top competitors include companies like Sedgwick, AuditBoard and RapidRatings.

Company Details

Provider of third-party risk management software and due diligence solutions. The company offers a platform to manage vendor lifecycles, including onboarding, ongoing management, and offboarding. It provides outsourced vendor control assessments with risk ratings and reviews. The company delivers continuous risk intelligence data monitoring cybersecurity, business health, financial viability, and privacy.

Website: www.venminder.com/
Social
Email ID: *****@venminder.com
Phone Number: +1 **********
Registered Address: Elizabethtown, Kentucky

Key Metrics

Founded Year

2001

Location

Elizabethtown, United States

Stage

Acquired

Total Funding

$45.6M in 5 rounds

Latest Funding Round

Series C, Nov 10, 2020, $*****

Investors

MissionOG & 2 more

Ranked

27^th among 552 active competitors

Employee Count

184 as on Dec 31, 2022

Similar Companies

Sedgwick & 196 more

Exit Details

Acquired by Ncontracts (Sep 04, 2024)

View Venminder's full profile

Venminder is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VENMINDER, INC. CIN: 743054806 , United States, Active	Dec 26, 999	-	149 (As on Dec 31, 2024)	-

Venminder got acquired by Ncontracts on Sep 04, 2024. It was facilitated by William Blair and Choate.

Click here to take a look at Venminder's acquisition in detail

Venminder has raised a total funding of $45.6M over 5 rounds. Its first funding round was on Oct 12, 2012. Its latest funding round was a Series C round on Nov 10, 2020 for $*****. 3 investors participated in its latest round. Venminder has 3 institutional investors.

Here is the list of recent funding rounds of Venminder:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 10, 2020	5370607	Series C	9359400	4276311	9801158	6860237
Jul 18, 2018	3364816	Series B	4233767	3626026	2159408	Bain Capital Ventures
Dec 19, 2015	3594753	Series B	2322265	2818313	4147914	4061123

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View details of Venminder's funding rounds and investors

The founders of Venminder is Dana Bowers. James Hyde is the CEO of Venminder.

Here are the details of Venminder's key team members:

Dana Bowers: Chief Solutions Architect, Founder and Board of Directors of Venminder.
Contact Info: 1 email address
James Hyde: CEO of Venminder.
Contact Info: 1 email address

View details of Venminder's Founder profiles and Board Members

Venminder's employee count trend

Venminder has 184 employees as of Dec 22. The total employee count is 35.0% more than what it was in Dec 21. Here is Venminder's employee count trend over the years:

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Top competitors of Venminder include Sedgwick, AuditBoard and RapidRatings. Here is the list of Top 10 competitors of Venminder, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	Stone Point Capital, Altas & 10 others	78/100
2nd	AuditBoard 2014, Cerritos (United States), Acquired	Provider of audit, compliance, and risk management software platform	$43.6M	Vebu, DFIN & 5 others	72/100
3rd	RapidRatings 2002, New York City (United States), Series C	Cloud-based solution for vendor risk management	$255M	Spectrum Equity, FTV Capital & 3 others	69/100
4th	Model N 1999, San Mateo (United States), Acquired	Provider of cloud-based software for revenue management and compliance solutions	$37M	Meritech, Sprout Capital Partners & 6 others	68/100
5th	Mitratech 1987, Austin (United States), Acquired	Provider of solutions for third party risk management to banks	-	Ontario Teachers' Pension Plan, Vista Equity Partners ... & 5 others	67/100
6th	Certa 2013, Saratoga (United States), Series B	Provider of a third-party risk and compliance management software platform	$50.6M	Fin Capital, Point72 Ventures & 16 others	67/100
7th	The Demex Group 2019, Washington, DC (United States), Series A	Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers	$28.4M	Anthemis Group, Blue Bear Capital & 5 others	65/100
8th	AccessPay 2012, Manchester (United Kingdom), Series B	Cloud based payment automation and cash management solutions for businesses	$44.4M	True Ventures, Beringea & 10 others	65/100
9th	Simetrik 2008, Bogota (Colombia), Series B	Provider of a platform for financial reconciliation, automation, and regulatory reporting	$114M	Goldman Sachs, FinTech Collective & 25 others	64/100
10th	Access Fintech 2016, New York City (United States), Series C	Risk management solutions for financial institutions	$97.5M	BNY Mellon, Goldman Sachs & 12 others	63/100
27th	Venminder 2001, Elizabethtown (United States), Acquired	Provider of third-party risk management software and due diligence solutions	$45.6M	Silversmith, Bain Capital Ventures & 1 others	56/100