About Vimly Benefit Solutions
Vimly Benefit Solutions is a Financial Services company based in Mukilteo (United States) founded in 1993, and was acquired by Rubicon Technology Partners in February 2024. It operates as a cloud-based administration of employee benefits is offered. It operates in the Financial Services, Technology, and Healthcare sectors. Vimly Benefit Solutions has raised $6.79 million across 3 funding rounds from investors including MK Capital and Rubicon Technology Partners. The company has 155 employees. Vimly Benefit Solutions has completed 1 acquisition, including Wired Quote. Its chief executive is Shannon Jurdana. Vimly Benefit Solutions offers products and services including SIMON Platform and OneBill. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Benefits Adminstration. Its legal entity is BENEFIT SOLUTIONS, INC. Its competitors include Alight, Swile, Wright Express, Businessolver and CollectiveHealth and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Founded in 1993 and headquartered in Mukilteo, United States, Vimly Benefit Solutions operates in the employee benefits sector. Cloud-based platforms are utilized for plan management, compliance, enrollment, and integrations. Services also encompass broker commissions and ancillary benefits. Products include private exchanges, health plans, and broker tools, supporting various organizational needs in benefits administration.
- Headquarters Mukilteo, United States
- Employees 155
- Stage Acquired
- SectorsFinancial ServicesTechnology Healthcare
- Phone•••• ••••
- Website vimly.com
- Social LinkedIn X Facebook
- Acquired by Rubicon Technology Partners (Feb 2024)
- Legal Name Benefit Solutions, Inc.
- Total Equity Funding$6.79M (USD)
in 3 rounds
- InvestorsMK Capital
& 1 more
- Employee Count155
- Investments & Acquisitions
- Acquired byRubicon Technology Partners
(Feb 2024)
Products & Services of Vimly Benefit Solutions
Vimly Benefit Solutions offers a comprehensive portfolio of products and services, including SIMON Platform and OneBill.
Cloud-based system for employee benefits enrollment and management services
Tool for consolidating billing and payment activities in benefits administration
Funding Insights of Vimly Benefit Solutions
Vimly Benefit Solutions has successfully raised a total of $6.79M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.79M
- Total Rounds 3
- First Round $3.75M
(Nov 2017)
- Investors Count 1
All 3 funding rounds of Vimly Benefit Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | – | Series B | – | MK Capital | – |
| Nov 2020 | $6.79M | Series B | – | – | – |
| Nov 2017 | $3.75M | Unspecified | – | – | – |
2 investors in total: 2 institutional.
Investors in Vimly Benefit Solutions
Vimly Benefit Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MK Capital and Rubicon Technology Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in software and technology companies with a focus on early and growth stages. | – | mkcapital.com | - | |
Enterprise software companies are supported through strategic private equity investments. | – | rubicontp.com | Boulder, United States |
Investor details for Vimly Benefit Solutions
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People of Vimly Benefit Solutions
10 people are tracked at Vimly Benefit Solutions (6 in leadership, 3 in board & advisors, 1 in team); the tracked headcount is 155.
| Name | Role | Group |
|---|---|---|
Shannon Jurdana | CEO & President | Leadership |
Joseph Carpinelli | Chief Financial Officer | Leadership |
Josh Desart | Vp, National Sales And Business Development | Leadership |
James Sommer | Director Of Finance/controller | Leadership |
J. Marc Palmer | Chief Commercial Officer | Leadership |
Tracy Puleo | National Sales Director | Leadership |
Maroun Nasard | Board Member | Board & advisors |
Keith Dorsey | Board Member | Board & advisors |
Mark Koulogeorge | Board Member | Board & advisors |
Don Leith | National Sales | Team |
Complete people profiles for Vimly Benefit Solutions
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Investments & Acquisitions by Vimly Benefit Solutions
Vimly Benefit Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wired Quote.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Platform offering quoting tool for insurance agents | wiredquote.com | Portland, United States | 2009 | Jul 2024 | •••• |
Complete acquisition details for Vimly Benefit Solutions
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Timeline of Vimly Benefit Solutions
5 dated milestones of Vimly Benefit Solutions across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Vimly Benefit Solutions is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Series B,.
- Exit Acquired by Rubicon Technology Partners.
- Acquisition Acquires Wired Quote.
Competitors of Vimly Benefit Solutions
Vimly Benefit Solutions has 9 listed competitors in our database, 7 of them funded. They include Alight, Swile, Wright Express, Businessolver and CollectiveHealth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alight.com | 2015 | Lincolnshire, United States | $8.75M | 9,874 | Cloud-based HRMS solutions are offered for enterprise HR management. | |
| vee.digital | 2016 | Sao Paulo, Brazil | – | – | A card-linked wallet is provided for employee financial management. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| businessolver.com | 1998 | West Des Moines, United States | $65.16M | 1,401 | Cloud-based employee benefits administration solutions are delivered. | |
| collectivehealth.com | 2013 | San Francisco, United States | $714M | 483 | Cloud-based self-insurance platform is offered to employers for employee sponsorship. | |
| healthequity.com | 2002 | Draper, United States | $15.28M | 3,126 | Health benefits and savings are managed through an app-based platform. | |
| goempyrean.com | 2006 | Houston, United States | $55.99M | 824 | Employee benefits administration and AI-driven recommendations are provided for enterprises. | |
| paytient.com | 2018 | Columbia, United States | $36.86M | 60 | Prepaid healthcare cards are provided to employees by employers. | |
| ease.com | 1994 | San Francisco, United States | $60M | 177 | Employee benefits administration is managed via a cloud-based platform. |
Detailed competitors of Vimly Benefit Solutions
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Web traffic of Vimly Benefit Solutions
The website of Vimly Benefit Solutions (vimly.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 17.3% vs previous month
Top companies in Insurance & Risk Management
10 companies that operate in the same segment as Vimly Benefit Solutions (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Related news about Vimly Benefit Solutions
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Frequently Asked Questions about Vimly Benefit Solutions
Vimly Benefit Solutions was founded in 1993 and raised its 1st funding round 24 years after it was founded.
Vimly Benefit Solutions is headquartered in Mukilteo, United States. It is registered at Mukilteo, Washington, United States.
Shannon Jurdana is the current CEO of Vimly Benefit Solutions.
Vimly Benefit Solutions is a funded company, having raised a total of $6.79M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $3.75M, raised on Nov 2017.
Vimly Benefit Solutions has 155 employees.
Founded in 1993 and headquartered in Mukilteo, United States, Vimly Benefit Solutions operates in the employee benefits sector. Cloud-based platforms are utilized for plan management, compliance, enrollment, and integrations. Services also encompass broker commissions and ancillary benefits. Products include private exchanges, health plans, and broker tools, supporting various organizational needs in benefits administration.
Vimly Benefit Solutions's top competitors include Alight, Wright Express and Businessolver.
Vimly Benefit Solutions offers SIMON Platform and OneBill.
Vimly Benefit Solutions has made 1 acquisition, including Wired Quote.
Vimly Benefit Solutions has 2 investors. Key investors include MK Capital, and Rubicon Technology Partners.
Vimly Benefit Solutions operates through Benefit Solutions, Inc..
Yes. Vimly Benefit Solutions was acquired by Rubicon Technology Partners in February 2024.