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Zenoti Raises $160M in Series D Funding - Vimarsana News

Zenoti Raises $160M in Series D Funding

Zenoti, a Bellevue, WA-based enterprise cloud platform for the beauty and wellness industry, closed a $160m Series D funding round at over a $1 billion valuation. The round was led by Advent International, through Advent Tech and Sunley House Capital, an affiliate of Advent. Tiger Global and Steadview Partners also participated in the round. To date, Zenoti has raised a total of approximately $250m. The company intends to use the funds to continue scaling operations, support research and development and to accelerate further A.I. innovations, including advanced algorithms leveraging its ente...

Zenoti enters unicorn club with $160 million fundraise [Mint, New Delhi] - Vimarsana News

Zenoti enters unicorn club with $160 million fundraise [Mint, New Delhi]

Zenoti enters unicorn club with $160 million fundraise [Mint, New Delhi] Dec. 15—Bellevue- and Hyderabad-based software-as-a-service (SaaS) firm Zenoti has raised $160 million as part of its Series D round led by private equity firm Advent International, through Advent Tech and affiliate Sunley House Capital, at a valuation of more than $1 billion. Existing investors Tiger Global and Steadview Partners also participated in the round. With this, Zenoti, founded in 2010 by Sudheer Koneru, a person of Indian origin, joins other Indian SaaS unicorns such as Zoho, Freshworks, Druva, and Icertis....

Zenoti Raises $160 Million in Series D Funding Round Led by Advent International, Surpassing $1B Unicorn Valuation - Vimarsana News

Zenoti Raises $160 Million in Series D Funding Round Led by Advent International, Surpassing $1B Unicorn Valuation

Zenoti Raises $160 Million in Series D Funding Round Led by Advent International, Surpassing $1B Unicorn Valuation Share Article Business well-positioned to continue disrupting the beauty and wellness industry with cloud-based software solutions worldwide. Funds to support continued scaling of operations, research and development, including innovations in A.I., as well as M&A. Feel Good. Find Great. “Zenoti remains committed to helping businesses find their greatness and achieve better business performance including higher revenues and increased operating margins, while enabling our indust...

Source: prweb.com
[Funding alert] Zenoti enters unicorn club with $160M Series D investment led by Advent International - Vimarsana News

[Funding alert] Zenoti enters unicorn club with $160M Series D investment led by Advent International

[Funding alert] Zenoti enters unicorn club with $160M Series D investment led by Advent International Hyderabad and Bellevue-based Zenoti, an enterprise cloud platform for the beauty and wellness industry, will use the funds to support continued scaling of operations, R&D, and pursue growth opportunities. 0 claps Bellevue-based enterprise cloud platform for the beauty and wellness industry, announced that it had raised a $160 million Series D funding round at over a $1 billion valuation. The round was led by the global private equity investor Advent International, through Advent Tech and ...