0%

est. 2Y upside i

FinTechSeries A

Venn (fkn Vault) is streamlining Canadian business banking. Built by Canadians for Canadians, Venn offers a full-service banking platform designed to empower businesses with fast, easy, and affordable solutions. In just under five minutes, you can open an account and start managing your finances - all without ever stepping foot in a branch.

Rank

#2195

Sector

Fintech

Est. Liquidity

~5Y

Data Quality

Data: Low

Venn is a hypergrowth fintech but lacks a disclosed valuation, making equity upside impossible to quantify.

Last updated: July 3, 2026

Bull (20%)0%

If Venn sustains hypergrowth and achieves an IPO window in 2 years, multiple could expand to 20x+ revenue. With projected revenue of $69.7M, market cap could exceed $1.4B, but entry valuation unknown.

Base (45%)0%

Base case assumes growth moderates and multiple compresses toward 10x revenue, implying ~$700M market cap. Upside depends on entry valuation, which is missing.

Bear (35%)-100%

If incumbent banks or competitors stifle growth, valuation could compress below $50M, making common stock worthless after $19M preference stack. -100% return.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

30600%

Total preferred funding of $19M could create a significant overhang; common stock only recovers above that threshold.

Dilution Risk

high

With $19M raised and $6.2M revenue, funding intensity is 306%; likely additional raises will dilute early employees significantly.

Secondary Liquidity

none

No secondary market activity reported; liquidity is tied to an exit event.

Engineering — 3 roles

Product — 3 roles

Operations — 2 roles

Growth — 1 role

Marketing — 1 role

Sales — 1 role

View all 11 open roles at Venn →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Venn's data — designed to show you've done your homework.

  • 1

    “What is the current 409A valuation per share?”

  • 2

    “How does Venn plan to achieve profitability given high competition from banks?”

  • 3

    “What is the expected timeline to the next funding round and potential IPO?”

Community

Valuation Sentiment

Our model estimates 0% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.