Vena Strengths, Domain Expertise, and Key Differentiators
Vena provides a comprehensive planning platform that seamlessly integrates with Microsoft 365, allowing teams to align their planning processes with their strategic thinking. It streamlines financial and operational planning, reporting, and analysis, offering advanced analytics and modeling tools to help business, finance, and operations leaders make informed decisions. By combining Excel with AI-powered insights, Vena enhances collaboration, scalability, and security within a unified, cloud-based platform.
Vena Recent Developments
In early 2025, Vena introduced several enhancements to its platform, including native Ad Hoc expereince with Drill Functions such as Drill Saves and Drill Transactions to allow deeper data exploration, Template Studio to simplify template creation and provide a library of pre-designed template options and management, and two purpose built agentic AI tools, Vena Reporting Agent and Vena Analytics Agent. Additionally, Vena launched an integration with Microsoft PowerPoint, enabling users to interact with and present financial and operational data directly within PowerPoint and Export API to seamlessly connect Vena’s planning platform to customers broader data ecosystems. These updates reflect Vena's focus on enhancing its platform’s capabilities, particularly through AI integration, improved user experience, and seamless compatibility with Microsoft tools.
Vena Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Vena applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Vena and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Vena Platform customers.
Vena Overview
2 Fraser Avenue, Suite 200
Toronto, ON, M6K 1Y6, Canada
1 416-207-1770
https://www.venasolutions.com/
Ownership: - Vista Equity Partners, JMI Equity, Difference Capital, Klass Capital, CIBC and Centana Growth Partners
Number of Employees: 843
Functional Markets: EPM, ERP Financial, HCM, SPM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Vena Key Enterprise and Cloud Applications
Vena Platform
Vena Revenues, $M:
Type/Year | 2023 | 2024 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Vena Revenue Breakdown By Type, $M:
Vena Enterprise Applications Revenues By Functional Markets, $M:
Vena Enterprise Applications Revenues By Verticals, $M:
Vena Revenues By Region, $M
Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Vena Direct vs Indirect sales
Type | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Vena Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Vena Customers
No. of Vena Customers: 1996
No. of Vena Enterprise Applications Customers: 1996
No. of Vena Cloud Customers: 1996
No. of Vena Cloud Subscribers: 85,000+ licensed users
Vena Solutions serves over 1,900 organizations across industries like healthcare, retail, finance, energy, manufacturing, and higher education. Its clients range from small businesses to large enterprises. Notable customers include the Kansas City Chiefs, FirstService Residential, Capstone Infrastructure, and Tanger Outlets. In 2024, Vena added over 460 new customers and continues to grow as demand for its planning platform increases.
Vena Market Opportunities, M&A and Geo Expansions
In February 2025, Vena's Complete Planning platform became available in the Microsoft Azure Marketplace. This move enhances Vena's accessibility, allowing customers to leverage Azure's scalability and reliability, and take advantage of their Microsoft Azure Consumption Commitments (MACC) for additional cost benefits.
Vena Risks and Challenges
A potention risk for Vena Solutions is dependency on Microsoft integrations. While Vena’s strong integration with Microsoft products like Excel, Power BI, and Dynamics 365 is a key selling point, any changes in Microsoft’s product offerings, pricing, or policies could affect Vena’s ability to deliver seamless experiences. This could potentially disrupt its customer base or require significant adjustments to its platform, leading to increased costs or reduced functionality.
Vena Ecosystem, Partners, Resellers and SI
Vena Solutions established a network of partnerships with companies in the financial planning and analysis sector. Its partner network includes consultancies, system integrators, and resellers that help extend Vena's reach and deliver tailored solutions. Key partners include Microsoft, with integrations into Microsoft 365, Power BI, and Azure, as well as Deloitte, KPMG, and Finext, which support the implementation and use of Vena’s platform. This ecosystem allows Vena to offer scalable solutions for a range of client needs.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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