VBA Software
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VBA Software - overview
Established
2009
Location
-, WI, US
Primary Industry
Software
About
Based in Wisconsin, US, and founded in 2009, Virtual Benefits Administrator, also known as VBA Software, operates as a developer of healthcare administration software, specializing in providing cloud-based core administrative processing solutions for the healthcare sector. As of 2023, the company is led by its CEO, Michael Clayton. In August 2023, a consortium led by Spectrum Equity acquired a majority stake in VBA Software for USD 156 million. The company's solutions include VBASoftware, which helps businesses grow, automate tasks, and stay compliant with changing rules.
VBAGateway is a cloud-based portal for improved online experiences, letting customers connect and act. VBAnalytics provides insights. Other tools like VBAMobile, VBAVoice, VBA TotalEnrollment, and VBAPI are also available. The company's platform serves as the system for health plan tasks like creation, claims processing, billing, and more, giving clients vital information.
Current Investors
Spectrum Equity, Arthur Ventures
Primary Industry
Software
Sub Industries
Healthcare, Systems Management Software, Application Integration Software
Website
www.vbasoftware.com
Verticals
Cloud Computing, HealthTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
VBA Software - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | VBA Software | - |
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