Vimly Benefit Solutions, an HRIS SaaS platform, recently received a strategic majority investment from Rubicon Technology Partners. Vimly’s technology works to simplify and automate the entire benefits administration process for carriers, consultants, employers and employees.
When Vimly was founded in 1993, the company served small to mid-sized businesses through association health plans and multi-employer trusts. Over the years, the company has evolved into a benefits technology company offering solutions for streamlining benefits acquisition and ongoing administration.
The company plans to enhance its cloud-based platform, SIMON, and expand its offerings. Its investment of an undisclosed amount enables Vimly to accelerate growth through go-to-market expansion, product innovation and acquisitions.