Zenoti Raises $15M

What does Zenoti do?

Zenoti, is a leading cloud based management platform. It is a software as a service platform for spas, salons and medi-spas. The clients are able to manage all business operations and go mobile and online. The company is altering the salon and spa owners expectation of what can be done by a software. The system supports the huge enterprise chains with the tools for expanding the network while hiking outlet level performance. SMBs benefit from all in one system which helps them in marketing and growing their business while managing the operations. The company is filling a void for mid to large wellness chains by chronic challenge solving which come with rapid growth. Enterprise brands are beginning to understand this company’s technology which affords efficiencies and the seamless ability in protecting their brand identities and customer experiences. Other players in the market are not addressing the requirement for managing a brand’s distributes operations or provide an integrated view of business performance across many locations.

How much Zenoti was funded?

The company raised $15M in Series B on August 11, 2016 from Accel and Norwest Venture Partners – NVP

Previous funding

$6M in Series A on July 27, 2015 from Accel

What is next for Zenoti?

Zenoti plans to use the latest funding raised for expanding its market share, driving product innovation and helping with talent acquisition. The company is growing rapidly in the salon, spa and media spa areas. It will use part of the funding raised for accelerating growth with expansion into the yoga and fitness space.

More about Zenoti

Zenoti was founded in 2010 by Dheeraj Koneru, Saritha Katikaneni, Sudheer Koneru and Anand Arvind. It has its headquarters in Mercer Island, Washington. The company was launched for providing an all in one business management solution for the salon and spa industry, plagued by a lack of robust software for supporting the total business eco-system of operational tasks.