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Zenoti raises US$50m in Series C funding
By Jane Kitchen 09 May 2019
Zenoti CEO & co-founder Sudheer Koneru says the company is on target to achieve 130% growth in 2019
Enterprise cloud platform Zenoti has closed a US$50m Series C funding round led by Tiger Global Management, with participation from Norwest Venture Partners and Accel.
A software company specialising in salon and spa chains, Zenoti has customers in 44 countries.
The company said the investment positions them to “accelerate the pace of innovation to reshape the industry, to expand into both existing and new geographies and to continue hiring top talent”.
With this latest funding, Zenoti has raised a total of US$71m.
"The beauty and wellness markets are large and growing. Zenoti is improving productivity for many salon and spa operators, and we are excited to partner with Sudheer and his team as they continue innovating,” said Shleifer.
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