Tech Company Financing Transactions
VBA Funding Round
VBA, based in Irvine, secured $156 million from Spectrum Equity and Arthur Ventures.
Transaction Overview
Company Name
Announced On
8/15/2023
Transaction Type
Venture Equity
Amount
$156,000,000
Round
Undisclosed
Investors
Spectrum Equity (Lead Investor) (Jeff Haywood)
Proceeds Purpose
Leader in cloud-based benefits software takes on growth partner to meet surging payer demand for next-gen core administrative processing, user engagement and reporting solutions
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2400 Main Street #200
Irvine, CA 92614
USA
Irvine, CA 92614
USA
Phone
Website
Email Address
Overview
We are a national enrollment firm providing enrollment planning and fulfillment, technology solutions, and additional services to companies from 50 to 10,000+. Our internal team of benefit counselors provide onsite and call center education and enrollment of core, ancillary and voluntary benefits. VBA provides premier enrollment solutions on a national scale. We help brokers from coast to coast provide enrollment, technology solutions, and ongoing services to their clients.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Carlos Mendez
VP - Operations
Jennifer Karsting
VP - Sales
Jennifer Lococo
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About Our Venture Capital Transactions Database
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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