A Wilmington-based software company is entering its next era of growth with the addition of new executive leadership roles.

Vantaca, an AI-first community association management software company that reached financial unicorn status last year, has hired two executive leaders, which signals the company’s “next era of hyper growth,” according to a press release. 

“As we enter the next era of Vantaca, we are very intentionally building a leadership team that matches the ambition and pace of our customers,” said CEO Ben Currin in an email to the Business Journal this week. “These hires are about helping us innovate faster, execute at a higher level, and continue raising the bar on what our customers can expect from their technology partner.” 

The new hires include chief revenue officer Will Cameron, who was previously an operating advisor at JMI Equity, a minority investor of Vantaca's, and chief product officer Trisha Price, formerly the chief product officer at Pendo.io.

Both Cameron and Price previously worked at nCino, a Wilmington-based banking software firm, with Cameron as the senior vice president of community and regional banking and Price as chief innovation officer, according to their LinkedIn profiles.

“This is about ensuring Vantaca stays ahead of where the industry is going and remains the most trusted operating platform for community management,” said Currin in the press release. 

Vantaca secured a $300 million minority growth investment from Boston-based private equity firm Cove Hill Partners in October — a $1.25 billion valuation established the Wilmington-based startup’s unicorn status.

In December, founder Dave Sweyer told the Business Journal that the new funding would be used “primarily to hire talented people” because “it takes a lot of talented people to continue to do what we do every day.” According to Sweyer, Vantaca has about 275 employees, and more than half are based in Wilmington. 

"Vantaca is at a unique inflection point," said Cameron in the press release. "The foundation they’ve built is incredibly strong, and I look forward to leveraging my experience to accelerate our growth and bring our transformative solutions to more management companies across the country."

In addition to hiring Cameron and Price, Vantaca is promoting Lauren Godwin to the role of Head of AI Enablement as part of a broader initiative campaign to embed AI across company operations, according to the press release. 

“We are deeply grateful for the trust our customers place in us,” said Currin, “and this is a clear investment in continuing to earn that trust as we grow the industry together.”

Correction: A previous version of this story incorrectly stated that JMI Equity was a former minority investor of Vantaca; JMI Equity is currently a minority investor of the company.