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Venture Capital News: Zenoti Raises $50M Series C Financing

2023-10-24
BELLEVUE, WA, Zenoti, the leading enterprise cloud platform for the beauty and wellness industry, has closed a $50 million Series C funding round.
The round was led by Tiger Global Management with participation from Norwest Venture Partners and Accel. Already the leading software choice for salon and spa chains, Zenoti has thousands of customers spanning 44 countries. This investment positions Zenoti 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 today's funding, Zenoti has raised a total of $71 million.

Zenoti provides an all-in-one, enterprise cloud-based software solution for the beauty and wellness industry including salons, spas and med spas. The Zenoti platform is engineered for reliability and scale, harnessing the power of enterprise-level technology for thousands of businesses of all sizes in over 40 countries. Zenoti is redefining the industry's customer experience and improving operational efficiency while simultaneously improving customer retention and spending. Zenoti allows users to seamlessly manage every aspect of the business in a comprehensive mobile solution: appointment bookings, POS, CRM, employee management, inventory management, marketing automation, analytics and more.
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