Wilmington, North Carolina, United States
Vantaca is a vertical SaaS platform built for professional community association management companies, the firms that operate homeowner associations, condominium buildings, and similar communities across the United States. Founded in late 2017 by Dave Sawyer, an industry veteran who ran his own HOA management company, and joined in early 2018 by Ben Currin, a former U.S. Navy nuclear submarine officer, the company grew entirely on customer revenue for roughly five years before taking its first outside capital. The business started with low six-figure revenue in 2018 and crossed one million dollars in 2019. By 2022, when Vantaca closed a minority investment from JMI Equity, annual recurring revenue had reached high single-digit millions, all bootstrapped. The company has grown more than 10 times since that round, putting 2026 ARR at approximately 50 million dollars. A second minority recapitalization, led by Cove Hill Partners, closed in late 2024 alongside the acqui-hire of HoAI, a Y Combinator-backed AI agent company. Today Vantaca serves roughly 500 professional community association management companies whose portfolios collectively encompass 50,000 communities and more than 6 million homes. The platform functions as the general ledger system of record, the system of work for vendor coordination and dues collection, and the homeowner-facing engagement layer. SaaS subscription revenue, priced in line with the industry standard of roughly 50 cents to 1.50 dollars per door per month, accounts for more than 60 percent of total revenue, with payments, treasury services, and AI-powered products making up the remainder.
- Revenue
- $85M
- Customers
- 500
- Year founded
- 2015
- Team size
- 186
