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Very Good Security - About the company

Very Good Security is a series C company based in San Francisco (United States), founded in 2015 by Mahmoud Abdelkader and Marshall Jones. It operates as a Cloud based data privacy and security management solutions. Very Good Security has raised $104M in funding from investors like Vertex Ventures, Visa and Andreessen Horowitz, with a current valuation of $*****. The company has 43 active competitors, including 11 funded and 8 that have exited. Its top competitors include companies like Quantexa, Evervault and Paymentology.

Company Details

Cloud based data privacy and security management solutions. The platform provides solutions such as PCI compliance, API tokenization, payments orchestrations, card issuances, card attributes, network tokens, bank payments, omni-channel loyalty, and more. It caters to various industries such as restaurants, financial institutions, and more.
Social
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Email ID
*****@verygoodsecurity.com
Registered Address
San Francisco, California
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series C
Total Funding
$104M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 18, 2020
Ranked
Employee Count
503 as on Sep 30, 2026
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Very Good Security's funding and investors

Very Good Security has raised a total funding of $104M over 5 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Dec 18, 2020 for $*****. 4 investors participated in its latest round. Very Good Security has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Very Good Security:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 18, 2020
3680879
Series C
7811796
4482782
4568565
9403776
Jan 15, 2020
7732102
Series B
2758021
3571755
9349346
8505186
Oct 24, 2019
6305640
Series B
7397182
7720488
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Very Good Security's founders and board of directors

Founder? Claim Profile
The founders of Very Good Security are Mahmoud Abdelkader and Marshall Jones. Mahmoud Abdelkader is the CEO of Very Good Security.
Here are the details of Very Good Security's key team members:

Very Good Security's employee count trend

Very Good Security has 503 employees as of Sep 26. Here is Very Good Security's employee count trend over the years:
Employee count trend for Very Good Security
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Very Good Security's Competitors and alternates

Top competitors of Very Good Security include Quantexa, Evervault and Paymentology. Here is the list of Top 10 competitors of Very Good Security, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Very Good Security
Very Good Security
2015, San Francisco (United States), Series C
Cloud based data privacy and security management solutions
$104M
70/100
2nd
Logo for Quantexa
Quantexa
2016, London (United Kingdom), Series F
Developer of decision intelligence software for data analysis and management
$545M
63/100
3rd
Logo for Evervault
Evervault
2019, Dublin (Ireland), Series B
Data encryption solution provider
$46M
59/100
4th
Logo for Paymentology
Paymentology
2015, London (United Kingdom), Series A
Provider of payment solutions including card issuing and processing services
$175M
57/100
5th
Logo for SafeNet
SafeNet
1983, Belcamp (United States), Acquired
Cybersecurity solutions provider protecting applications, data, identities, and software
$139M
52/100
6th
Logo for TrustCommerce
TrustCommerce
1999, Santa Ana (United States), Acquired
Provider of payment acceptance solutions
-
50/100
7th
Logo for Eckoh
Eckoh
1997, Hemel Hempstead (United Kingdom), Acquired
Secure customer contact and payment solutions
-
47/100
8th
Logo for Protegrity
Protegrity
1996, Stamford (United States), Unfunded
Secure gateway and tokenization based data security solution for businesses
-
-
41/100
9th
Logo for TokenEx
TokenEx
2010, Tulsa (United States), Series B
Provider of payment orchestration platform and tokenization and risk management services
$100M
40/100
10th
Logo for MeaWallet
MeaWallet
2013, Sandvika (Norway), Acquired
Provider of digital payment solutions including tokenization, mobile wallets, and provisioning
$5.2M
37/100
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Looking for more details on Very Good Security's competitors? Click here to see the top ones

Very Good Security's Investments and acquisitions

Very Good Security has made no investments or acquisitions yet.

Reports related to Very Good Security

Here is the latest report on Very Good Security's sector:

News related to Very Good Security

lockFilter this list
Media has covered Very Good Security for a total of 4 events in the last 1 year, 4 of them have been about company updates.
•
VGS Announces Agent Connect: AI-Driven Commerce EventGlobal Fintech Series•Jan 29, 2026•Very Good Security
•
•
Plaid taps VGS for tokenizationFinextra•May 17, 2022•Plaid, Very Good Security, Automata Network
•
Very Good Security (VGS) Joins AWS ISV Accelerate ProgramBusiness Wire•Dec 07, 2021•Very Good Security, Amazon Web Services
•
Very Good Security Launches Payment Optimization SuiteGlobal Fintech Series•Oct 27, 2021•Very Good Security
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