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How Much Did Zenoti Raise? Headquarters, Funding & Key Investors

Zenoti has raised a total of $331 million across several rounds, reaching a $1.5 billion valuation as of June 2021. The company’s latest Series D round, held in June 2021, secured $80 million from TPG, following a $160 million round in December 2020 led by Advent International, Steadview, and Tiger Global Management. Founded in 2010 in Bellevue, Washington, Zenoti provides an all-in-one SaaS platform for salons, spas, and wellness businesses, helping manage scheduling, billing, marketing, analytics, and operations for over 15,000 global customers.

    Zenoti is a global SaaS company offering management software for salons, spas, fitness centers, and medical spas, empowering businesses to automate and scale their daily operations. The platform covers everything from appointment booking and billing to inventory, marketing, CRM, and business analytics. With a cloud-based architecture, Zenoti delivers enterprise-grade tools tailored to the beauty and wellness sector. Its all-in-one dashboard enables data-driven decision-making, enhances client experiences, and drives efficiency across thousands of locations worldwide.

    What Is Zenoti and What Does It Do?

    Zenoti, founded in 2010 by Anand Arvind, Saritha Katikaneni, and Sunil Kumar, is a Bellevue-based (United States) provider of enterprise-grade management software for the beauty, wellness, and fitness industries.

    Zenoti employs 817 people and Zenoti’s software enables businesses to manage bookings, billing, employee schedules, payments, marketing campaigns, and customer engagement through a unified cloud platform. 

    Zenoti’s advanced analytics and business intelligence tools help clients optimize performance and deliver consistent customer experiences at scale, making it a leader in beauty-tech and wellness management software.

    How Much Funding Has Zenoti Raised?

    1. Series D
      Amount Raised: $80 million
      Date: June 2021
      Lead Investors: TPG
      • Motivation: To enhance product innovation, expand AI-driven analytics, and fuel international expansion.
    2. Series D
      Amount Raised: $160 million
      Date: December 2020
      Lead Investors: Advent International, Steadview, Tiger Global Management
      Motivation: To scale customer support and strengthen the platform’s market presence in North America and Europe.
    3. Series C
      Amount Raised: $20 million
      Date: August 2019
      Lead Investors: Steadview
      Motivation: To accelerate growth and strengthen Zenoti’s enterprise client base.

    Total Funding Raised: $331 Million

    Current Valuation: $1.5 Billion (as of June 2021)

    Latest Funding Date: June 2021

    Key Investors

    1. Tiger Global Management
      Details: A global investment firm focused on internet, software, and fintech ventures.
      Investment Focus Areas: SaaS, enterprise software, e-commerce, and marketplaces.
      Notable Investments: Stripe, Flipkart, and Zenoti.
    2. Steadview Capital
      Details: A global investment firm that backs technology-driven companies across Asia and North America.
      Investment Focus Areas: Technology, consumer, and software growth companies.
      Notable Investments: Zenoti, Ola, and Freshworks.
    3. Advent International
      Details: One of the largest global private equity firms investing across multiple sectors.
      Investment Focus Areas: Software, technology, and enterprise services.
      Notable Investments: Zenoti, Conservice, and Thrasio.
    4. TPG
      Details: A global private equity firm with a strong focus on high-growth technology and SaaS businesses.
      Investment Focus Areas: Software, digital infrastructure, and enterprise tech.
      Notable Investments: Uber, Spotify, and Zenoti.

    Where Is Zenoti’s Headquarters?

    Zenoti’s headquarters is located in Bellevue, Washington (United States) a hub for software innovation and cloud technology. The city’s proximity to Seattle provides Zenoti access to world-class engineering talent and a robust SaaS ecosystem, enabling the company to lead in the beauty and wellness management software space.

    What’s Next for Zenoti?

    Zenoti plans to expand its product capabilities by integrating AI-driven personalization, predictive analytics, and automation tools to improve operational efficiency for clients. The company is focusing on global expansion, especially in Europe and Asia, while strengthening partnerships with franchise-based beauty and fitness brands. With robust investor backing and a growing customer base, Zenoti aims to solidify its leadership in the beauty-tech SaaS industry, delivering smarter, data-powered business solutions worldwide.

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