Vantaca, an AI-first platform transforming community association management, has secured more than $300 million in a minority growth investment led by Cove Hill Partners, valuing the company at $1.25 billion. Existing investor JMI Equity also participated, reaffirming confidence in Vantaca’s leadership and long-term strategy.
The founding management team will continue to guide the company’s operations as it expands its presence nationwide.
The investment marks a significant milestone for Vantaca, which has been recognized on the Inc. 5000 list for five consecutive years. The company reported a 95% increase in revenue over the past year and now serves more than 500 management companies and six million households across the United States.
This funding underscores Vantaca’s growth in the rapidly evolving community association management software market and will accelerate its AI-driven modernization strategy.
Vantaca plans to use the capital to enhance several core initiatives. First, it will deepen its AI-driven capabilities to help community association management companies (CAMs) automate complex tasks, streamline operations, and scale efficiently. Second, the company plans to increase market adoption through enhanced go-to-market investments, targeting the fastest-growing management companies in the U.S. Lastly, Vantaca will expand its ecosystem to provide more value to homeowners, boards, vendors, and management firms by integrating comprehensive digital services into its platform.
At the core of Vantaca’s offering is its HOAi platform, which automates critical workflows across finance, budgeting, communications, and resident services. The company has already automated over one million tasks using agentic AI, saving management companies more than 100,000 hours of manual labor. These efficiencies are helping teams focus on strategic growth while delivering better experiences for the communities they serve.
Cove Hill Partners’ investment aligns with its philosophy of partnering with category-defining software companies. The firm brings deep expertise in scaling vertical software platforms through long-term, concentrated partnerships. And JMI Equity continues to back Vantaca following years of collaboration during its rapid expansion phase, further reinforcing confidence in its continued growth trajectory.
Advisors: Goodwin Procter advised Vantaca on legal matters, while William Blair served as the company’s exclusive financial advisor.
KEY QUOTES:
“This investment validates what our customers and industry partners already know, which is that Vantaca is defining the future of community management through AI-native automation and operational excellence. Leading investment firms recognized our unique position as the platform delivering true agentic AI capabilities that transform daily operations rather than just digitizing old processes. This partnership accelerates our mission to help management companies scale profitably while delivering exceptional homeowner experiences.”
— Ben Currin, CEO of Vantaca
“Vantaca represents the rare combination of market leadership, technological innovation, and exceptional execution that we believe defines category-winning companies. We believe their AI-first approach has sustainable competitive advantages and delivers significant value to customers. We’re excited to partner with the Vantaca team as they scale their platform, introduce new capabilities, and expand into new markets.”
— Jane Levy Vance, Co-Founder and Partner at Cove Hill Partners
“We’ve had the privilege of partnering with Vantaca over the past few years through a period of tremendous growth and execution. It’s rewarding to see the Company continue on this trajectory and we look forward to partnering with the team as they continue to accelerate innovation and extend their market share in the industry.”
— David Greenberg, Partner at JMI Equity
