Vena Closes FY24 With Record-Setting Q4, Customer Growth, Product Innovation and Industry Recognition
16 April 2024 - 8:00PM
Business Wire
Company propels into FY25 unveiling Vena Copilot to
revolutionize how FP&A teams work
Vena, the Complete Planning platform loved by finance and
trusted by business, today announced it entered its fiscal year
2025 in February with momentum from a successful 2024. Notably, its
record-breaking fourth quarter saw increasing demand and innovative
strides with the launch of Vena Copilot, a gamechanger for FP&A
teams.
"Vena's exceptional performance in fiscal 2024 reflects the
unwavering dedication, agility and innovative spirit of our team,
as well as the enduring trust placed in us by our valued
customers," said Hunter Madeley, CEO of Vena.
Vena experienced significant customer and revenue growth over
its last fiscal year. Currently, more than 1,700 organizations
across diverse industries, such as banking and credit unions,
insurance, real estate, higher education, healthcare, professional
sports and more, rely on Vena to plan with confidence in an
ever-evolving economy.
Meg Bear, Controller at Turner Enterprises, and speaker at this
year’s Excelerate Finance 2024, highlighted the increased value and
agility their finance team is now driving for the business since
using Vena:
"We've hooked our train to an engine that's
going to allow us to change as we go. Not just as our business
evolves and the workforce evolves, but as the markets evolve and
our business lines change. The pandemic taught us all that nothing
is for sure, and we've got to be able to be responsive and pivot
more quickly. And that's one of the things that Vena has allowed us
to do."
Other highlights from Vena’s 2024 fourth quarter include:
- Strategic leadership changes to elevate the customer experience
and deliver industry-leading customer value, including an expanded
role for Tina Goulbourne as Chief Operating & Customer Officer,
and the addition of Ilene Landon as Vena’s Senior Vice President of
Professional Services.
- Industry-specific solutions launched: One for legal firms with
ProLytics Consulting Group (Vena for Legal by ProLytics) and for
franchises with Citrin Cooperman (Vena for Franchising by Citrin
Cooperman).
- Strategic partnership with Cloud Security Alliance (CSA) as a
Trusted Cloud Provider.
- Recognition from leading analyst firms, including Gartner’s
2023 Magic Quadrants for Financial Planning Software and for
Financial Close and Consolidation Solutions, Dresner Advisory
Services, The Hackett Group, Nucleus Research and Ventana
Research.
- An earned spot on the Team True North Roster of Canada’s
Top-Performing Tech Companies for the second consecutive year.
- 2023 TrustRadius Best Of Awards in three categories: Best
Feature Set, Best Relationship and Best Value for Price.
- Recognition as one of Greater Toronto’s Top Employers and
recertification as one of Canada’s Most Admired Corporate
Cultures.
- Acknowledgment of Vena’s recruiting practices by the Brandon
Hall Group for excellence in leadership development, diversity,
equity, inclusion and talent acquisition for the second consecutive
year.
Looking ahead, Vena is continuing to drive its commitment to
customer value and product innovation, including through this
year’s Excelerate Finance 2024 its annual flagship industry
conference for finance professionals and business leaders.
“It’s an exciting time at Vena as our Complete Planning platform
and robust community of finance and operations professionals
continue to evolve and leverage new technologies and capabilities.
The teams choosing Vena are achieving operational excellence and
unlocking the strategic potential of their organizations. Seeing
our customers doing amazing work with the platform is what excites
us most as we build value together,” added Madeley.
About Vena
Vena is the only Complete Planning platform natively integrated
with Microsoft 365. Vena streamlines financial and operational
planning, reporting and analysis processes, and provides advanced
analytics and modeling capabilities to help business, finance and
operations leaders make agile and more informed business decisions.
With Vena, you can leverage the power of Excel and AI-powered
insights in a unified, cloud-based platform that enhances
productivity, collaboration and insights. Over 1,700 of the world’s
leading companies rely on Vena to power their planning. For more
information, visit venasolutions.com.
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