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February 21, 2024
Seattle-based Vimly Benefit Solutions has secured a strategic majority investment from Rubicon Technology Partners, a private equity firm based in Boulder, Colo. that is focused exclusively on investing in and growing software companies. The investment will accelerate growth through go-to-market expansion, product innovation, and the pursuit of acquisition opportunities. Founded in 1993, Vimly is a benefits technology company, serving third-party administrators, general agents, brokers, employers and employees. Ziegler, a specialty investment bank, served as exclusive financial advisor to Vimly on the transaction.