Zenoti Unicorn
Cloud-based, all-in-one business management platform for salons, spas, medspas, and fitness businesses (appointments, POS, CRM, inventory, marketing), serving 30,000+ locations across 50+ countries. Founded in 2010 in Hyderabad — originally as "ManageMySpa" — by brothers Sudheer Koneru (CEO) and Dheeraj Koneru. The corporate parent, per Zenoti's own Terms and Conditions, is "Soham Inc, a Delaware Corporation" (d/b/a Zenoti); current global…
Zenoti: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 7 Jun 2021 | Series D | $80 Mn | TPG | source |
| 15 Dec 2020 | Series D | $160 Mn | Advent International Steadview Partners Sunley House Capital Tiger Global Management | source |
| 22 Aug 2019 | Venture Round | $20 Mn | Steadview Capital | source |
| 1 May 2019 | Series C | $50 Mn | Tiger Global Management Accel Norwest Venture Partners | source |
| 11 Aug 2016 | Series B | $15 Mn | Norwest Venture Partners Accel | source |
| 23 Jul 2015 | Series A | $6 Mn | Accel | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 9 Jun 2022 | Zenoti | Opensalon Pro | Up to $39 Mn | source |
| 14 Sep 2021 | Zenoti | SuperSalon | Undisclosed | source |
Recent Signals
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15 Dec 2020 · growth-traction
Zenoti reports 100% year-over-year growth in 2020, powering 12,000+ businesses in 50+ countries source
News on Zenoti
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Who founded Zenoti?
Zenoti was founded by Sudheer Koneru, Dheeraj Koneru in 2010.
How much funding has Zenoti raised?
Zenoti has raised $331 Mn across 6 tracked funding round(s), most recently on 2021-06-07. Figures are compiled from cited public sources.
Who are the investors in Zenoti?
Investors in Zenoti include TPG, Advent International, Steadview Partners, Sunley House Capital, Tiger Global Management, Steadview Capital.
What does Zenoti do?
Cloud-based, all-in-one business management platform for salons, spas, medspas, and fitness businesses (appointments, POS, CRM, inventory, marketing), serving 30,000+ locations across 50+ countries. Founded in 2010 in Hyderabad — originally as "ManageMySpa" — by brothers Sudheer Koneru (CEO) and Dheeraj Koneru. The corporate parent, per…
Where is Zenoti headquartered?
Zenoti is headquartered in Hyderabad, Telangana, India.
What is Zenoti's business model?
Zenoti's core value proposition centers on All-in-one cloud platform, AI-powered automation, Enterprise-grade reliability, Data-driven optimization.
How does Zenoti make money?
Zenoti's cited revenue streams include Tiered SaaS subscription, Membership & package tools that drive customer recurring revenue, Zenoti Payments.