ZenReach raises $30M in Series B

What does ZenReach do?

ZenReach, is a company which marketing for the offline businesses. The company provides Wi-Fi hardware to top restaurants, arenas,  bars/nightclubs and retailers in every city  in the country for seamlessly building their consumer lists, running segmented automated marketing campaigns, and providing real insight into whether consumers return after receiving a message – calculating ‘walk-through rate. On an average their customers capture five time more the number of customer profile they received prior to this company. Even better is the fact that 1/3^rd of them lost customers return within a week of receiving an email or text message. The company does not just show the click through rates. It shows how many customers walked back through the door making this company the most automated, loved and ROI maximizing marketing and CRM solution.

What does ZenReach was funded?

The company raised $30M in Series B on July 19, 2016 from SoftTech VC, SV Angel, Bain Capital Ventures, First Round,  8VC, Danhua Capital, and Founders Fund.

Previous funding

Undisclosed amount  in undisclosed round on June 1, 2012 from Founder Collective and Scott Becker

$4M on July 1, 2013 from Founder Collective

$16Min Series A on March 1, 2015 from Bain Capital Ventures, Danhua Capital and Formation 8.

What is next for ZenReach?

The company has officially emerged from the stealth mode, and added PayPal co-founder and Facebook investor Peter Thiel to its board of directors. The company has been in stealth mode for past 3 years but it has grown to a staff of 150 and raised a total of $150 M in 3 funding rounds.

More about ZenReach

ZenReach was founded in 2013 by Kai Umezawa, Tom O’Brien and Jack Abraham. It has its headquarters in San Francisco, California. This company used Wi-Fi for helping merchants finding out how many times a customer returns to a store.