Vena Solutions Receives Syndicated Debt Facility

Vena Solutions, an Albany, NY and Toronto, Canada-based provider of a Financial Planning and Analysis (FP&A) platform purpose-built to leverage the Microsoft technology ecosystem, received a syndicated debt facility whose Lead Arranger and Administrative Agent was CIBC Innovation Banking.

The amount of the deal was not disclosed.

The company intends to use the funds to pursue new channels for growth.

Led by Hunter Madeley, CEO, Vena is an agentic AI-powered FP&A platform purpose-built to harness the power of the Microsoft technology ecosystem for finance teams everywhere. The company amplifies Microsoft’s productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world’s leading companies use its solution to power their planning.

The company, which surpassed US$100 million in annual recurring revenue (ARR), continues to advance its product roadmap and deepen its integration within the Microsoft ecosystem. This includes enhancing its AI-powered Complete Planning platform leveraging Microsoft Azure’s generative AI technology to help FP&A teams and their collaborators increase productivity, drive operational excellence and make better, faster decisions.

Existing investors include Vista Equity Partners, JMI Equity and Centana Growth Partners.

FinSMEs

17/04/2025