Virtus Convertible & Income Fund Secures Latest Funding Round

Virtus Convertible & Income Fund secured an undisclosed amount in its latest Series A, adding another data point to the Enterprise Software & SaaS funding market.

Virtus Convertible & Income Fund Raises an undisclosed amount in Funding

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares - Busines is a enterprise software company that announced a Series A round.

Investors Behind the Funding

The round was backed by undisclosed investors. Funding Intelligence tracks this investor activity alongside sector momentum, co-investor patterns, and recent comparable raises.

Company Profile and Market Context

Virtus Convertible & Income Fund operates in Enterprise Software & SaaS. Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares - Busines's raise fits ongoing investor demand for enterprise software platforms that can improve efficiency and growth with leaner operating models.

Strategic Use of Funds

The company is expected to use the new capital to expand its platform, support customers, and continue scaling in Enterprise Software & SaaS.

Looking Ahead

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares - Business Wire

Source reference: original announcement/article.