Breaking
Vendia raises $50.6M total funding led by NewView Capital and Lux Capital BMW, Delta Air Lines, and Fannie Mae are live customers on Vendia's platform Tim Wagner, creator of AWS Lambda, co-founded Vendia to solve enterprise data fragmentation Vendia named Gartner Cool Vendor in Cloud Computing, 2021 MCP Gateway launches - AI agents can now query and act on enterprise data in real time Series B closed May 2022 - $30M to scale multi-cloud data sharing infrastructure Vendia Share: serverless blockchain meets enterprise compliance - finally Vendia raises $50.6M total funding led by NewView Capital and Lux Capital BMW, Delta Air Lines, and Fannie Mae are live customers on Vendia's platform Tim Wagner, creator of AWS Lambda, co-founded Vendia to solve enterprise data fragmentation Vendia named Gartner Cool Vendor in Cloud Computing, 2021 MCP Gateway launches - AI agents can now query and act on enterprise data in real time Series B closed May 2022 - $30M to scale multi-cloud data sharing infrastructure Vendia Share: serverless blockchain meets enterprise compliance - finally
Vendia logo

San Francisco, CA

Company Profile  ·  AI Data Platform

Vendia

The infrastructure layer that makes your data trustworthy to everyone who needs it - without surrendering control to any of them.

Founded 2019 HQ San Francisco, CA Raised $50.6M Team ~93 people Stage Series B

A BMW rolls off the line. Who knows it?

Somewhere in Bavaria - or South Carolina, depending on the model - a vehicle completes final assembly. At that moment, roughly 15 different partner systems should know about it: the logistics company arranging transport, the dealer updating inventory, the finance arm booking a transaction, the supplier marking components as used. In practice, each of these parties has a different database, a different cloud vendor, and a different legal team enforcing different data residency rules. The vehicle's data fragments into 15 slightly different versions of the truth.

This is the problem Vendia was built to solve. Not in theory - BMW is an actual customer. And an investor.

$50.6M
Total Funding
~93
Employees
2019
Founded
3
Funding Rounds
"Every enterprise has data. Very few enterprises have data that other enterprises actually trust."
The founding insight behind Vendia's architecture

Data doesn't travel well across borders - company borders included

Every enterprise data strategy eventually collides with the same invisible wall: the edge of the organization. Your data warehouse is immaculate. Your governance policies are documented. Your pipelines run on schedule. And then a business partner asks for a data feed, and the whole elegant structure meets reality.

The usual options are not options: batch file transfers that are stale on arrival, custom point-to-point integrations that break when either party upgrades anything, or data lakes that require you to trust someone else's copy. Enterprise data sharing, for most of the 2010s, meant choosing which problem you wanted to have.

The deeper issue is trust architecture. Two companies sharing data need to agree not just on format and frequency, but on who can see what, who can change what, and who is accountable when something changes. That's a governance problem disguised as a technology problem - and most technology solutions ignored the disguise entirely.

"The problem isn't moving data. It's moving data while keeping everyone honest."
Core tension Vendia's founders identified at AWS

Two people who built the cloud's plumbing, decided to fix its leaks

Tim Wagner created AWS Lambda in 2014. That's not a marketing claim - he literally invented it. Lambda became the foundation of serverless computing and changed how a generation of developers thought about infrastructure. When he left AWS to start Vendia in 2019, he had a specific thesis: the same principles that made serverless compute powerful - no infrastructure to manage, pay only for what you use, scale automatically - could be applied to enterprise data sharing.

His co-founder Shruthi Rao ran blockchain services at AWS. She'd spent years watching enterprises try to use blockchain for data collaboration and mostly fail - not because the technology was wrong, but because the implementation was too complex. Her bet was that the right abstraction layer could make the useful parts of distributed ledger technology accessible without requiring a team of cryptographers.

Together they named the company after a Venn diagram. It's a small choice that reveals a lot about how they think: Vendia is the overlap between companies, clouds, and data - the intersection where trusted collaboration becomes possible.

Tim Wagner

CEO & Co-Founder

Creator of AWS Lambda and originator of serverless computing. Previously VP at Coinbase. Brought the "no infrastructure" philosophy to enterprise data sharing when he founded Vendia in 2019.

Shruthi Rao

CBO & Co-Founder

Former head of blockchain services at AWS. Watched enterprise blockchain pilots stumble on complexity. Co-founded Vendia to abstract that complexity into something companies would actually deploy.

Serverless infrastructure that treats data consistency as a first-class problem

Vendia's core product, Vendia Share, operates on a deceptively simple premise: what if every party in a multi-party data collaboration had access to the same record, updated in real time, with a tamperproof audit log of every change? The architecture underneath is genuinely sophisticated - distributed ledger technology, serverless compute on AWS and Azure, GraphQL APIs, fine-grained access control at the row and field level - but the proposition to customers is simple: stop arguing about whose copy of the data is correct.

More recently, Vendia pivoted its product narrative toward AI. The MCP Gateway, launched in 2025, is the company's bet on where enterprise AI is heading: toward agents that need to query, act on, and update real operational data - not a static training set. The gateway makes Vendia's governed data layer accessible to AI agents through the Model Context Protocol, with the same compliance controls that enterprise customers require.

Vendia Share

The flagship platform. Real-time, multi-party data sharing with immutable audit logs, serverless infrastructure, and fine-grained access control. Works across AWS and Azure.

MCP Gateway

AI-ready data gateway. Connects APIs, file storage, and MCP servers into a single governed layer. Lets AI agents query and act on enterprise data without bypassing compliance rules.

IceBlock

Accelerated analytical data sharing using Apache Iceberg format. Built for analytics teams that need real-time data distribution, not batch exports.

Analytical Data Sharing

SQL-powered derived data with cross-platform queries. Generally available as of May 2025, with row-level security added June 2025.

"Vendia is what Dropbox would look like if it had been designed for enterprise compliance from day one."
A fair summary of the product philosophy

Five years from stealth to AI infrastructure

Vendia - Company Timeline

2019 Founded - Tim Wagner and Shruthi Rao leave AWS to build multi-party data infrastructure. Named after the Venn diagram.
Jul 2020 Seed Round - $5.1M - Exits stealth with initial funding. Vendia Share enters early access.
Feb 2021 Series A - $15.5M - Canvas Ventures leads. BMW i Ventures joins as strategic investor and customer.
Jun 2021 Gartner Cool Vendor - Named 2021 Cool Vendor in Cloud Computing. Delta Air Lines, Fannie Mae come on as customers.
May 2022 Series B - $30M - NewView Capital and Lux Capital lead. Total funding reaches $50.6M.
2023-24 Gartner Hype Cycle appearances - Featured in Data and Analytics and Revenue and Sales Technology reports.
2025 AI pivot - MCP Gateway launches. IceBlock and Analytical Data Sharing go GA. Row-level security added.

When BMW invests and deploys, you take the pitch seriously

Vendia's customer list reads like a stress test of the product's claims: BMW (automotive supply chain with 15+ partner handshakes per vehicle), Delta Air Lines (travel industry with complex partner data dependencies), Fannie Mae (financial services with strict regulatory requirements), Allianz and Resolution Life (insurance, where data accuracy and auditability are existential). These are not pilot customers. They are production deployments in industries where data errors have legal consequences.

The BMW relationship is particularly instructive. BMW i Ventures invested in Vendia's Series A, which is the kind of arrangement that happens when an enterprise customer decides a vendor's technology is genuinely valuable - not just useful for a pilot, but worth betting on. BMW uses Vendia to track vehicle DNA and parts lineage across its manufacturing partner network, ensuring every component has a tamperproof audit trail from supplier to showroom floor.

BMW Delta Air Lines Fannie Mae Allianz Resolution Life

Vendia Funding by Round

Seed
$5.1M
Series A
$15.5M
Series B
$30M

Total: $50.6M across 3 rounds (2020-2022) - Source: Crunchbase, company announcements

"It's one thing to have BMW as a customer. It's another to have BMW as an investor. Vendia has both - and that's the tell."
On the BMW i Ventures relationship

$50.6M to rebuild how enterprises share data

Series B

$30M

May 2022

Led by NewView Capital. Participants: Lux Capital, Neythri Futures Fund, Operator Partners, Neotribe Ventures, Aspenwood Ventures, Sorenson Capital, Canvas Ventures, BMW i Ventures.

Series A

$15.5M

February 2021

Led by Canvas Ventures. Participants: BMW i Ventures, Sorenson Capital, Neotribe Ventures.

Seed

$5.1M

July 2020

Canvas Ventures, Sorenson Capital, and seed investors.

Data fragmentation is the hidden tax on every multi-party business

The case for Vendia is not just that enterprise data sharing is inconvenient - it's that the current state actively prevents useful things from happening. Supply chains can't update partners in real time because no shared source of truth exists. AI models trained on siloed data make worse decisions than models that see the full picture. Compliance audits that should take hours take weeks because every party has a different log. Fraud in financial networks persists because reconciliation happens after the fact.

Vendia's argument is that the solution to these problems is not better ETL pipelines or fancier data warehouses - it's a trust layer that sits between organizations and makes shared data as reliable as local data. The AI angle, which the company leaned into aggressively in 2025, amplifies this: AI agents are only as useful as the data they operate on, and an agent that can't trust its data source will make confident mistakes.

There is a competitive market forming around this idea: data clean rooms, data marketplaces, and various forms of federated data architectures are all adjacent plays. What Vendia has is a head start, enterprise deployments at scale, and a founding team with the credentials to have the hard technical conversations with Fortune 500 data teams.

data-sharing multi-cloud serverless ai-data-platform data-governance b2b blockchain real-time enterprise compliance financial-services supply-chain healthcare data-mesh mcp

That BMW rolling off the line - it now has one version of the truth

The vehicle's production record propagates to all 15 partner systems the moment it's created. Each partner sees exactly the data they're authorized to see, nothing more. Every change is logged. Every party works from the same record. Nobody has to reconcile spreadsheets on a Friday afternoon.

That's the boring version of the Vendia story, and boring is exactly the point. Infrastructure that works doesn't make news - it just quietly removes the friction that was slowing everything down. The company's founders built serverless computing and enterprise blockchain at AWS. Now they're building the data trust layer for the multi-cloud era.

Whether the MCP Gateway becomes the AI data infrastructure story of the decade depends on things Vendia doesn't fully control: how fast enterprise AI adoption accelerates, how many competitors arrive in the governed data sharing space, whether the $50.6M they've raised is enough runway to reach the customers who haven't yet realized they have the problem Vendia solves.

But the customers they have are real, the problem is real, and the founders have done this before. That's a reasonable starting point.

"Vendia is named after a Venn diagram. It's the infrastructure that lives in the overlap - where data, companies, and clouds finally agree."
The founding metaphor, still accurate five years later