Very Good Security

Very Good Security (operating at verygoodsecurity.com) is a payment tokenization and credential management platform engineered for secure data protection in high-stakes financial transactions. Founded in 2015 and headquartered in San Francisco, Very Good Security specializes in eliminating exposure to sensitive payment and identity data—a critical gap in traditional systems where raw cardholder information remains vulnerable. Under the hood, the company’s **VGS Vault** leverages proprietary tokenization technology, replacing sensitive data with unique, non-sensitive tokens that retain functionality without compromising security. This allows Fortune 500 merchants, fintechs, and banks to process transactions, authenticate users, and manage credentials without ever handling or storing actual card numbers or PII. The result is a zero-data approach that balances compliance (e.g., PCI DSS) with operational efficiency, reducing fraud risks while enabling seamless integrations. Backed by a $104M funding round spanning five rounds—including a $60M Series C led by Vertex Ventures US—the platform is trusted by global enterprises to future-proof their payment ecosystems against evolving cyber threats.