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Zenoti Funding: Zenoti raises $160 million in funding, enters unicorn club

We ll soon meet in your inbox. Please wait. Zenoti said its software powers over 12,000 businesses across 50 countries, offering mobile-first solutions for appointment scheduling, self-check-in, payments, employee management and even inventory tracking. The company said it has seen strong growth during 2020, pushed by businesses upgrading their software during the Covid-19 pandemic. “We got really good traction in the US. This year we’ve grown by more than 100% and feel that next year also we’re on track to grow by at least 100%. Our actual board commitment is something like 120% growth for next year,” said Sudheer Koneru, founder and CEO at Zenoti, without commenting on the firm’s revenue.

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 industry to set new standards for the consumer experience,” said Sudheer Koneru, CEO at Zenoti. BELLEVUE, Wash. (PRWEB) December 15, 2020

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