BREAKING VIA closes $28M Series B led by Bosch Ventures, March 2025 18 patents. 20 global utilities. One Department of Defense. COLIN GOUNDEN Two exits before he ever touched clean energy "Inquire more, advocate less" VIA Data you can use without ever revealing it BREAKING VIA closes $28M Series B led by Bosch Ventures, March 2025 18 patents. 20 global utilities. One Department of Defense. COLIN GOUNDEN Two exits before he ever touched clean energy "Inquire more, advocate less" VIA Data you can use without ever revealing it
Colin Gounden, co-founder and CEO of VIA
Colin Gounden, photographed for VIA. The biochemist who decided trust was a math problem.
PERSONFounder·Executive·Operator

Colin Gounden

He showed up at a bank at 7:30 a.m. with no appointment and left having cut a 45-day payment to 7. Three decades later, the same nerve runs a company the Pentagon trusts with its secrets.

$28M
Series B, 2025
18
Issued patents
~20
Global utilities
2
Companies sold
The Story So Far

A company that lets you use data without ever seeing it.

Today Colin Gounden runs VIA, a company in Somerville, Massachusetts that sells something close to a paradox: software that lets organizations share and compute on each other's data without any of them revealing what they hold. Quantum-resistant encryption. Passwordless logins. A zero-trust architecture with product names that sound borrowed from a thriller - GHOST, Quantum Transfer, SLAM AI, VIA Wallet. The customers are not hobbyists. They are roughly twenty of the world's largest utilities and the United States Department of Defense.

In March 2025, Bosch Ventures led a $28M Series B into the company, joined by BMW i Ventures, MassMutual Ventures, Sentinel Global and the existing backer Westly Group. Gounden's framing of the moment was blunt: cyber experts at the Department of Defense and across global enterprise had concluded that decentralized, passwordless, quantum-resistant tools were no longer a luxury but the only viable option. VIA had spent years building for a future most people hadn't priced in yet.

That gap - between what exists and what's evenly distributed - is the through-line of his career. He likes a line from the forecaster Paul Saffo: the future is already here, it's just unevenly distributed. Gounden treats it less as a slogan than as a business model. Find the place where the solution already lives, then carry it somewhere it doesn't.

Before the energy, the molecules

He didn't arrive here in a straight line. Gounden studied biochemistry and molecular biology at Harvard, then quietly stacked computer science courses on the side. He has described his thirty-plus years since as a deliberate switching of lanes: software programmer, private equity partner, drug company board director, IBM employee. The connective tissue isn't an industry. It's a temperament - the willingness to be the only person in the room betting on the unfashionable answer.

In 1996, running an early technology services firm, his team chose internet TCP/IP while customers were demanding Novell and Windows. Peers told them to conform. They didn't. The company - with clients including Royal Dutch/Shell - later sold for roughly $97M to $98M in 1999. The lesson stuck harder than the money: popularity is not proof.

Grail, and the art of building fast

His next act was Grail Research, founded in 2006 with a single employee. By the time he sold it in 2009, it had become a business intelligence and analytics firm with more than 300 full-time people spread across North America, Europe, Africa, the Middle East, India and China. Along the way he was the first investor and co-founder of five MIT spinouts, two of which turned a profit in their first year, and a partner and elected board director at a top global strategy and private equity firm. Wall Street Journal, BusinessWeek and the Financial Times took notice. He still guest-lectures at Harvard Business School.

Why VIA builds where nobody's looking

VIA started in clean energy. Gounden co-founded it in 2016 with Kate Ravanis and steered it into the business of trusted analytics for utilities - the early product was the blockchain-based Trusted Analytics Chain. The mission he repeats is unglamorous and specific: make communities cleaner, safer, and more equitable. The proof is in where the company spends its attention. Instead of chasing the usual coastal tech corridors, VIA invests in markets like Georgia, Oklahoma and Mississippi. The bet is that the most useful technology should show up first in the places that get it last.

The product itself came from listening rather than pitching. In Switzerland, meeting with commercial real estate companies, Gounden learned that tenants flatly refused to share their energy data with the building's owner. No amount of selling would change that. But a tenant might share an answer without sharing the underlying numbers - which is exactly what zero-knowledge proofs allow. The refusal wasn't an objection to overcome. It was the product spec.

That instinct has a name in his vocabulary: inquire more, advocate less. He learned, conversation after conversation, that the higher-impact solution tends to be hiding inside what the customer won't do, not inside what you came to sell. It is an unusual creed for a founder, most of whom are wired to push.

How he measures a good year

Ask Gounden how he weighs a job and he won't lead with money. He talks about "emotional income" - loving the work - and "learning income" - the pull of a new problem. VIA's stated value is almost defiantly simple: Love in = Love out. He extends the same logic to the unglamorous mechanics of how things actually get done. One of his favorite observations: emails are answered in the order in which someone likes you, not the order in which they were received. Relationships are the real protocol. The rest is overhead.

He credits his co-founder Kate Ravanis as a moral compass, and notes - with evident pride rather than envy - that she is the protagonist of three separate Harvard Business School case studies about VIA's founding. For a man who has sold two companies and sat on multiple boards, it's a telling thing to brag about someone else's case studies, not his own.

"Emails are answered in the order in which someone likes you, not the order in which they were received."
- Colin Gounden, on how things actually move
The Lanes He Switched

Three decades, one stubborn streak.

'90s
Starts at IBM, working with utilities across Europe and North America. The energy world gets into his bloodstream early.
1996
Co-founds a technology services firm and bets on internet TCP/IP while customers demand Novell and Windows. Holds the line.
1999
Sells that firm - clients including Royal Dutch/Shell - for roughly $97-98M.
2006
Founds Grail Research with one employee.
2009
Sells Grail after growing it to 300+ people across four continents.
2016
Co-founds VIA with Kate Ravanis. Builds the Trusted Analytics Chain for utilities.
2020
The Westly Group leads a $7M investment, opening doors across the power sector.
2025
$28M Series B led by Bosch Ventures, with BMW i Ventures, MassMutual Ventures and Sentinel Global.
"Inquire more, advocate less."
THE FOUR WORDS BEHIND THE PRODUCT
"Love in = Love out."
VIA'S STATED VALUE, IN FULL
Don't bend to peer pressure.
LEARNED IN A PARIS OFFICE ARGUMENT ABOUT OTTAWA
Necessity is the mother of invention.
LEARNED MEETING PAYROLL IN HIS TWENTIES
Five True Stories

The details that do the explaining.

01

The 7:30 a.m. ambush

Broke and twenty-something, he walked into a bank CIO's office with no appointment, waited him out, got a stalled contract signed, and talked the payment terms down from 45 days to 7. Desperation as negotiation strategy.

02

The Ottawa lesson

A Paris colleague mocked his answer that Ottawa is Canada's capital. He was right; the room was wrong. He filed away a rule that has held up across three decades: consensus is not the same thing as truth.

03

The Swiss refusal

Tenants told him flat-out they would never hand their energy data to a building owner. Most founders hear an objection. He heard a product spec - and the case for zero-knowledge proofs.

04

The free upgrade

He swapped jokes with an airline check-in agent. Later, his flight canceled, that same agent quietly pulled him aside and put him in first class. Proof, he'd say, that relationships are the real currency.

05

The unfashionable protocol

In 1996, betting on TCP/IP while everyone wanted Novell felt reckless. The company sold for around $98M. The payoff wasn't the price. It was confirmation that being early and alone is survivable.

06

Building in flyover country

VIA puts its chips on Georgia, Oklahoma and Mississippi instead of the coasts. The thesis: the most useful technology should arrive first in the places usually served last.

The Arsenal

Products that read like a spy novel.

GHOST
Decentralized protection for data and identity.
QUANTUM TRANSFER
Moving information under quantum-resistant encryption.
SLAM AI
AI built for VIA's privacy-preserving stack.
VIA WALLET
A secure, passwordless digital wallet.
VIA ZTF
Zero-trust framework for governments and enterprise.
TRUSTED ANALYTICS CHAIN
The blockchain platform that started it all in energy.
The Temperament

How people describe him.

resilient relationship-driven independent-minded mission-oriented curious kind to the front desk early, often alone
Watch & Listen

Colin, unedited.

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Sources: VIA / solvewithvia.com · Authority Magazine · Crunchbase · TheOrg · public interviews. Facts only where verifiable.