Vendia

Vendia delivers a cloud-native platform for secure, real-time, decentralized data sharing. It enables enterprises to integrate and synchronize data across clouds, regions, and external parties with fine-grained access. Utilizing distributed ledger principles, it ensures data consistency and trust, solving complex multi-party challenges and powering artificial intelligence applications.

Founded by former Amazon Web Services executives Tim Wagner and Shruthi Rao, Vendia addresses fragmented enterprise data. Wagner, a pioneer of serverless computing and AWS Lambda leader, partnered with Rao to create a unified, consistent data plane for secure inter-organizational exchange. This collaboration was born from their insight into the critical need for streamlined data flow across disparate systems.

Vendia's platform serves businesses needing robust infrastructure for secure inter-company data exchange and collaborative workflows. The company envisions organizations fluidly sharing data, fostering innovation and efficiency within complex ecosystems. Its vision empowers clients to leverage data for advanced analytics and AI, while maintaining strict governance and control.

High-Level Overview

Vendia is a real-time data cloud company that builds a serverless platform combining blockchain, ledgers, smart APIs, and databases to enable secure, multi-party data sharing across clouds, applications, and organizations.[1][3][4][7] It serves enterprises in sectors like automotive, food & beverage, travel, nonprofits, healthcare, and technology, solving data silos that hinder real-time integration, AI/ML inferencing, supply chain tracking, contract settlements, and compliance.[1][5][6][7] Vendia's platform frees data from traditional apps, stores, and silos, delivering governance, no-code integrations, and AI-ready insights to accelerate innovation and reduce operational overhead, with reported benefits like reduced costs, faster production times, and instant reconciliations.[1][7]

The company has shown strong growth momentum, raising a $15.5M Series A in early 2021 and a $30M Series B led by NewView Capital, employing around 805 people, and expanding to multi-cloud support (AWS, upcoming Azure and GCP).[1][4][5] Customers leverage it for unifying customer data, optimizing processes, and productizing data for new revenue streams.[2][3][7]

Origin Story

Vendia was co-founded by Rao, the inventor of the serverless movement and creator of AWS Lambda, alongside Tim, emerging from the need to address enterprise data sharing challenges that traditional ERP, rigid APIs, custom integrations, and early blockchain failed to solve due to scalability and performance issues.[1][4][5] The idea crystallized as a "Blockchain v2.0" for cloud-native environments, enabling serverless, distributed data and code sharing as easily as creating a database table, with proof-of-concepts in days and deployments in weeks.[4][5]

Early traction built on the founders' expertise in industry-changing services like AWS Lambda, targeting non-fintech sectors like automotive, airlines, travel, and food & beverage for use cases such as three-way matching and real-time logistics.[1][5] Pivotal moments include the 2021 Series A announcement alongside Vendia Share launch, and Series B funding, positioning it as a multi-cloud serverless distributed application platform.[4][5]

Core Differentiators

• Serverless Blockchain & Real-Time Data Cloud: Combines distributed ledgers, smart APIs, databases, and access controls for secure, scalable data sharing across apps, clouds, geographies, and tech stacks—deployable in weeks with no operational overhead, unlike legacy solutions.[1][3][4][7]
• No-Code Integration & AI-Readiness: Pre-built connectors, flexible transformations, and harmonization break silos for instant AI pilots to production, unifying data for inferencing without ETL pipelines.[2][3][7]
• Governance & Compliance: Granular control at record/file/field level, full auditability, and standards compliance for multi-party collaboration, reducing risks in supply chains, settlements, and healthcare.[1][6][7]
• Developer & Enterprise Experience: Simplifies multi-region/multi-account apps; enables data productization for revenue; spans sectors with tailored solutions like supply chain visibility and process automation.[2][3][5][7]

Role in the Broader Tech Landscape

Vendia rides the wave of data democratization and AI-driven enterprises, where exploding data volumes from SaaS, databases, and workflows demand real-time, secure sharing amid silos and compliance hurdles.[3][7] Timing aligns with multi-cloud adoption, serverless maturity, and AI's need for unified, governed data—addressing blockchain's past failures while enhancing cloud-native microservices.[4][5] Market forces like supply chain disruptions, regulatory pressures (e.g., privacy in healthcare), and AI/ML growth favor its platform, powering outcomes from logistics to financial settlements.[1][6][7]

It influences the ecosystem by enabling collective data intelligence, fostering innovation in non-fintech industries, and partnering with giants like SAP, while paving the way for data marketplaces and agentic AI with auditable controls.[5][7][9]

Quick Take & Future Outlook

Vendia is poised to dominate enterprise data agility as AI agents proliferate, with multi-cloud expansion (Azure/GCP imminent, on-prem next) and virtual data links unlocking broader workloads.[5][7] Trends like data productization, privacy-first sharing, and automated governance will propel growth, potentially evolving it into a core infrastructure layer for AI ecosystems. Its serverless blockchain roots position it to scale influence, turning data from cost center to revenue engine—freeing enterprises to innovate just as its founders revolutionized compute.