Vantaca Receives Strategic Growth Investment to from JMI Equity to Fuel Innovation
Today we announced a strategic investment from JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies. While this is exciting news for our employees, it should be even more exciting for our customers. With this investment, we will pick up the pace on product innovation, hire more experts and do more to keep our customer satisfaction high. You can read the press release here <link to PR newswire press release>
But while this investment will help us continue on the path we started 5+ years ago, it will not change our core focus or philosophy. We maintain existing ownership and leadership, and as Ben Currin, Vantaca CEO, said. “We patiently waited for the right time, with the right partner, to take on an investment with a very specific set of parameters. In JMI, we have found long-term partners who believe in investing in the community management industry for the long haul. We are aligned on a shared outlook and support of Vantaca’s vision to positively impact the community management industry through innovation, partnership, and collaboration.”
These are exciting times at Vantaca. We’ve hired almost 60 new employees this year alone (and we are not done!) to build more product and support our customers. We are hosting our Vantaca Vision user conference later this year. And some great new products and feature sets in the pipeline. With this investment we are just getting started on engaging and empowering both clients and homeowners in a way that hasn’t been done before. We’re here to makes lives simpler, and in doing so, protect and preserve the value of our communities across the globe.
Read the full press release here.