# Viva Benefits

Growing returns for landlords, well-being and wealth for renters.

- Canonical URL: https://wefunder.com/viva
- Entity ID: wefunder:company:145410
- Last updated: 2026-06-02T05:01:42Z
- Generated at: 2026-06-03T22:02:47Z

## Quick facts
- Renters access benefits like health, education, & financial wellness, incl. free cash to buy a home.
- Landlords, who own apartment portfolios worth billions, use Viva rewards to boost profits by 9%.
- Founded by the former CEO of TeacherTalent, a Techstars co. (Acquired 2018).

## Active fundraises
- wefunder:fundraise:100725: 4(a)(6) successful (USD)
- wefunder:fundraise:100726: 4(a)(6) successful (USD)

## FAQ
1. **Is it a QSBS(https://www.investopedia.com/terms/q/qsbs-qualified-small-business-stock.asp) ?**
   - Yes - the investment is in preferred shares that should meet the standard described. However, you should consult a tax professional for tax advice.
2. **Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?**
   - (a) Our net burn, after accounting for revenue is $35k/mo. (b) COH is about $1.5m (c) We closed $1.7m+ in pre-seed fundraising in Q4.23, led by Chingona Ventures, and including the investors featured on the slides in the Overview and Updates sections
3. **Can we get an update on the business? Thanks.**
   - Hi David,Yes, of course.As well, I will make sure you are receiving our regular email updates.Here is a summary:Viva Benefits helps apartment owners achieve a 9%+ net income (NOI) boost from improved renter stability, satisfaction, & retention. We achieve this outcome by helping owners offer renters access to benefits like: 24/7 telehealth, 4% high-yield savings, credit building & home-buying tools.Today Viva serves 50k+ residents across all partners and will hit $1M ARR this quarter ...

## Team
- Michael Barnes (founder)
- José Moreno (Director of Partnerships)

## Recent posts
- Viva now offers expanded benefits to renters, including: health, education, & financial wellness! (2024-04-02T13:08:24Z)
- Viva now has 10,000+ families in network (50%+ growth) (2024-04-02T12:54:33Z)
- Viva now has 5,000+ families in network (53%+ growth) (2024-01-30T16:22:33Z)
- We have closed $1.7m in new funding. (2024-01-30T16:18:45Z)

## Q&A
- Q: Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?
  - A: (a) Our net burn, after accounting for revenue is $35k/mo. (b) COH is about $1.5m (c) We closed $1.7m+ in pre-seed fundraising in Q4.23, led by Chingona Ventures, and including the investors featured on the slides in the Overview and Updates sections
- Q: Is it a QSBS(https://www.investopedia.com/terms/q/qsbs-qualified-small-business-stock.asp) ?
  - A: Yes - the investment is in preferred shares that should meet the standard described. However, you should consult a tax professional for tax advice.
- Q: Can we get an update on the business? Thanks.
  - A: Hi David,Yes, of course.As well, I will make sure you are receiving our regular email updates.Here is a summary:Viva Benefits helps apartment owners achieve a 9%+ net income (NOI) boost from improved renter stability, satisfaction, & retention. We achieve this outcome by helping owners offer renters access to benefits like: 24/7 telehealth, 4% high-yield savings, credit building & home-buying tools.Today Viva serves 50k+ residents across all partners and will hit $1M ARR this quarter with 0% contract churn since 2023.Viva Benefits clients see resident renewals increasing by up to 24 points in just 6 months. Customer Testimonial: Keaton Graham: Villas de Solamar Apartments in Dallas, TX saw retention increase from 41% (2024) to 65% (2025) after launch which saved the property $200,000 in 2025, and generated an 11.6% NOI improvement by EOY, thereby increasing the asset value by $3.7M.