Very Good Security

Very Good Security, founded in 2015, works to eliminate the risk of storing sensitive data by replacing real information - credit card numbers, social security numbers and the like - with secure, format-preserving tokens that applications can use as though they were the original data. The company positions itself as a leader in payment tokenization and operates globally, serving customers including Fortune 500 companies across financial services, fintech, e-commerce and payments. It is backed by Andreessen Horowitz.

The company's core offering is the VGS Zero Data Platform, a suite for securing sensitive data and payments through format-preserving tokens, which holds more than 3 billion tokens globally. Within the platform sit a Card Management Platform, a PCI-compliant Vault for storing sensitive payment data, a Network Tokens solution, Account Updater for keeping stored card and account information current, and Card Attributes for card data enrichment.

The technical work spans payment and format-preserving tokenization, data security, APIs, mobile SDKs, data orchestration, PCI compliance and network tokens, with current focus areas extending to agentic commerce and AI agent transactions. The company describes its mission as removing sensitive data storage as a point of failure.