FundedIQ
Financial Services

Virtual Benefits Administrator: Funding, Investors & Team (Sep 2026)

Virtual Benefits Administrator is an IT company specializing in developing software products for the insurance and healthcare industries.

vbasoftware.com LinkedIn Germantown, United States 101-250 employees
Total raised
$156M
Rounds
1
Latest
Undisclosed round
Aug 2023

Virtual Benefits Administrator has raised $156M across 1 funding round on record, the most recent an undisclosed round of $156M announced in Aug 2023.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Virtual Benefits Administrator Company Profile and Key Stats

Total funding raised
$156M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$156M in Aug 2023
Employees
101-250
reported band
Headquarters
Germantown, United States

Latest funding round on record: Aug 2023.

Virtual Benefits Administrator Funding Rounds

Date
Round
Amount
Undisclosed round
$156M

Virtual Benefits Administrator Founders and Leadership Team

Name
Role
Contact
Tom Witter
Founder
Locked

Contact details for the Virtual Benefits Administrator team: 1 of 1 has an email address on file.

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Virtual Benefits Administrator Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Virtual Benefits Administrator's latest round of $156M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Virtual Benefits Administrator Funding FAQs

What does Virtual Benefits Administrator do?

Virtual Benefits Administrator is an IT company specializing in developing software products for the insurance and healthcare industries.

How much funding has Virtual Benefits Administrator raised?

Virtual Benefits Administrator has raised $156M across 1 round on record. The most recent is an undisclosed round of $156M announced in Aug 2023.

When did Virtual Benefits Administrator last raise funding?

Virtual Benefits Administrator's most recent funding round on record is an undisclosed round of $156M, announced in Aug 2023.

Who founded Virtual Benefits Administrator?

FundedIQ lists Tom Witter (Founder) at Virtual Benefits Administrator.

Where is Virtual Benefits Administrator headquartered?

Virtual Benefits Administrator is based in Germantown, Wisconsin, United States.

How many employees does Virtual Benefits Administrator have?

Virtual Benefits Administrator is in the 101-250 employee band.

How does Virtual Benefits Administrator's funding compare to other Financial Services startups?

Virtual Benefits Administrator's latest round of $156M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Virtual Benefits Administrator Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Virtual Benefits Administrator is left off this page rather than filled in.

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