Vimly Benefit Solutions, a Seattle, WA-based benefits administration company, received an investment from Rubicon Technology Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate growth and product innovation in the benefits administration space.
Led by CEO Shannon Jurdana, Vimly Benefit Solutions provides an HRIS SaaS platform that delivers a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees. Founded in 1993, Vimly is solving some of the most difficult challenges in the industry: complex enrollment, consolidated billing, and platform integrations.
Commenting on the news, Shannon Jurdana said: “We stand at a significant crossroads today to celebrate our past and boldly step into the next phase of innovation and growth for Vimly. As we continue to enhance our platform, SIMON®, and expand our offerings, our focus remains steadfast on delivering unparalleled value to our clients and business partners. I am thrilled that we have found a like-minded partner in Rubicon who sees the incredible value Vimly delivers today, and the immense opportunity that lies ahead.”