VEDA raises €17M in private equity funding to expand internationally and develop buy-and-build strategy
VEDA raises €17M in private equity funding to expand internationally and develop buy-and-build strategy
05/15/24, 11:14 AM
Location
madisonMoney raised
€17 million
Investors
Cibc Innovation Banking
HRtech VEDA has secured €17M in private equity funding from CIBC Innovation Banking. The funding will be used for international expansion primarily in the DACH region and the UK, as well as to develop its buy-and-build strategy by acquiring payroll software companies and payroll services and exploring new international markets such as Benelux and the Nordics.
Company Info
Location
madison, wisconsin, united states
Additional Info
Veda saves healthcare companies millions annually by automating complex data processes. Our systems enable customers and partners to harness the power of their own data—process, validate and generate meaningful answers that make healthcare more efficient and accessible. Veda enables organizations to dramatically reduce overhead costs by automating complex business rules for data extraction, transformation, and loading (ETL); creating a simplified and streamlined experience for everyone—from the data entry specialist to the end customer. The company is headquartered in Madison, WI. To learn more about veda, visit vedadata.com and follow us on LinkedIn and Twitter.