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How Vantaca Grew HOA Software to 500 Customers and 6M Homes

Ben Currin explains how Vantaca bootstrapped vertical software for community association managers, then took minority investment from JMI Equity and Cove Hill Partners.

Ben Currin · Vantaca

Published February 12, 2026
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What you’ll learn

Ben Currin, CEO of Vantaca, explains how a vertical software company for HOA and community association management firms grew from a few paying customers in 2018 to about 500 management companies. He describes bootstrapping to high single digit millions, taking a minority investment from JMI Equity in 2022 and growing more than 10x since, and the late 2024 HOAi acquisition that put AI agents into the product.

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Key moments

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Why boring verticals win

“these kind of not sexy vertical software markets were sneaky big, either had a payments component or a financial services component or had a big ecosystem around it.”
Watch at 03:28

What Vantaca sells to managers

“we sell to the community association management company. Those folks, we become the general ledger system of record for them and for all the communities that they manage”
Watch at 06:22

Early customers as advocates

“We were quickly selling to strangers, but what we were able to do is really show the results of our early customers”
Watch at 15:09

Why capital was the constraint

“every additional dollar we were able to put in the business, 5 or 10 more dollars come out within a pretty short period of time”
Watch at 16:44

Minority versus majority choice

“We saw a minimum of five plus x, so why would we wanna sell more of the business at the time than we had to?”
Watch at 18:38

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About the speaker

Ben Currin

CEO · Vantaca

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