Welcoming SaaS and M&A Expert Bob Bies as CFO
Our VTS team is excited to welcome seasoned finance executive Bob Bies as our Chief Financial Officer (CFO). Bob will oversee our financial operations and corporate development as we go through our next stage of growth. He brings with him over 20 years of CFO experience in venture, private equity, public technology, and software/SaaS companies. He also has a proven track record in successfully scaling high-growth internet data technology companies.
Bob joins VTS from Syncsort where he served as CFO for over two years and was responsible for accounting and finance, corporate development, financial planning and analysis, and human resources. Notably, he led the acquisition and subsequent integration of 13 software companies, resulting in significant synergies and driving a fourfold increase in revenue. Most recently, Bob led the company to a $1.3 billion exit.
This appointment comes at a pivotal moment for our company as we recently announced a $90M Series D fundraising round led by Brookfield Ventures. This funding is believed to be the largest venture investment in the history of commercial real estate software and resulted in us achieving unicorn status. Later this year, we will also launch commercial real estate’s first end-to-end leasing marketplace — Truva.
What Nick Romito, our Co-Founder and CEO had to say:
“I’m thrilled to welcome Bob to our team. He’s a seasoned technology CFO with invaluable experience in scaling high-growth technology businesses and an impressive track record in driving revenue growth. Bob is the ideal person to help lead VTS as we enter a new phase of rapid growth, fueled by our recent fundraise."
What Bob Bies, our freshly appointed CFO had to say:
“I’ve followed VTS for many years and am delighted to be joining Nick and the talented team at this pivotal time for the company. The commercial real estate industry is in the midst of profound transformation and VTS is undeniably leading the charge. With a fast-growing and supportive customer base, a world-class team, and a market-leading product, the company has an enviable opportunity for tremendous growth and I’m incredibly excited to help make it a reality.”
Welcome to the team Bob!