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. The company has 38 active competitors, including 9 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.
- Website
- www.verygoodsecurity.com/
- 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
Investors
Ranked
1st among 38 active competitors
Employee Count
458 as on Apr 30, 2026
Legal entities associated with Very Good Security
Very Good Security is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Very Good Security, Inc. CIN: 811237915 , United States, Active | Dec 31, 2014 | - | 74 (As on Dec 31, 2024) | - |
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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 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Very Good Security:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 18, 2020 | 9870719 | Series C | 4270281 | 5636128 | 7034366 | 3820158 |
Jan 15, 2020 | 2282458 | Series B | 9842602 | 7588973 | 6796542 | 1213683 |
Oct 24, 2019 | 2738876 | Series B | 4316309 | 7843148 |
View details of Very Good Security's funding rounds and investors
Very Good Security's founders and board of directors
Founder? Claim ProfileThe 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:
- Mahmoud Abdelkader: Co-Founder & CEO of Very Good Security and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Marshall Jones: Co-Founder of Very Good Security.
View details of Very Good Security's Founder profiles and Board Members
Very Good Security's employee count trend
Very Good Security has 458 employees as of Apr 26. Here is Very Good Security's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Very Good Security 2015, San Francisco (United States), Series C | Cloud based data privacy and security management solutions | $104M | 70/100 | |
2nd | Quantexa 2016, London (United Kingdom), Series F | Developer of decision intelligence software for data analysis and management | $546M | 65/100 | |
3rd | Data encryption solution provider | $46M | 59/100 | ||
4th | Paymentology 2015, London (United Kingdom), Series A | Provider of payment solutions including card issuing and processing services | $175M | 57/100 | |
5th | SafeNet 1983, Belcamp (United States), Acquired | Cybersecurity solutions provider protecting applications, data, identities, and software | $139M | 52/100 | |
6th | TrustCommerce 1999, Santa Ana (United States), Acquired | Provider of payment acceptance solutions | - | 50/100 | |
7th | Provider of digital payment solutions including tokenization, mobile wallets, and provisioning | $5.2M | 49/100 | ||
8th | Eckoh 1997, Hemel Hempstead (United Kingdom), Acquired | Secure customer contact and payment solutions | - | 47/100 | |
9th | Provider of payments security and compliance solutions | - | 43/100 | ||
10th | TokenEx 2010, Tulsa (United States), Series B | Provider of payment orchestration platform and tokenization and risk management services | $100M | 43/100 |
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
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.
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VGS Announces Agent Connect: AI-Driven Commerce EventGlobal Fintech Series•Jan 29, 2026•Very Good Security
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VGS Celebrates A Decade of Payments Innovation and 5 Billion Tokens StoredBusiness Wire•Jun 17, 2025•Very Good Security
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accesso® Acquires VGS, Re-Introduces VGS Platform as accesso Horizon(SM)PR Newswire•Jun 20, 2023•Accesso, VGS, Very Good Security
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Very Good Security Surpasses Half a Billion Sensitive Data Transactions Per MonthBusiness Wire•Dec 21, 2021•Very Good Security
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Very Good Security (VGS) Joins AWS ISV Accelerate ProgramBusiness Wire•Dec 07, 2021•Very Good Security, Amazon Web Services
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Very Good Security Launches Payment Optimization SuiteGlobal Fintech Series•Oct 27, 2021•Very Good Security
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Very Good Security (VGS) Hires Chandar Venkataraman as Chief Product OfficerBusiness Wire•Sep 02, 2021•Very Good Security, Mattermost
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