Transactions

VIMLY BENEFIT SOLUTIONS, A LEADING HRIS BENTECH SOFTWARE PLATFORM FOR ENROLLMENT AND BILLING, COMPLETES A GROWTH CAPITAL RAISE

Vimly Benefit Solutions (“Vimly”), one of the leading HRIS BenTech platforms that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round. The raise was led by MK Capital, an experienced software and cloud services technology investor.

Vimly will use the fresh round of investment capital to accelerate growth, enhance its existing platform, and extend the breadth of its product offering to support its growing customer base. Vimly’s OneBill product is a category leader in the benefits technology space, consolidating and managing interactions across all benefits and carriers. Vimly’s platform offers the power of automation and simplicity. Shannon Jurdana, President and CEO of Vimly, said this, “Vimly has quietly solved the most complicated billing problems in the market for many years. Our platform already powers major insurance companies, third-party administrators, association health plans, and PEOs. This platform, together with our people and commitment to drive automation, innovation, and efficiency, is enabling us to achieve our mission of simplifying the complexities of workforce and benefits administration for our customers and partners.”