What is Zenoti?
Founded in 2010 and headquartered in Washington, Zenoti offers a comprehensive, cloud-native platform designed to streamline operations for spas, salons, med spas, and fitness studios. By integrating critical business functions—including appointment scheduling, automated billing, inventory management, and advanced marketing analytics—Zenoti provides a unified digital infrastructure that empowers service-based businesses to optimize efficiency and enhance customer engagement. The company has established itself as a vital technology partner for businesses of all sizes, facilitating digital transformation within the fragmented wellness sector through its highly configurable reporting and operational tools.
How much funding has Zenoti raised?
Zenoti has raised a total of $381.4M across 7 funding rounds:
Series A
$6M
Series C
$50M
Other Financing Round
$20M
Series B
$15M
Debt
$350K
Series D
$240M
Series C
$50M
Series A (2016): $6M with participation from Accel Partners and Norwest Venture Partners
Series C (2019): $50M led by TriplePoint Venture Growth BDC
Other Financing Round (2019): $20M supported by Steadview Capital
Series B (2020): $15M featuring Accel, Norwest Venture Partners, Steadview Capital, and TriplePoint Venture Growth BDC
Debt (2020): $350K backed by PPP
Series D (2021): $240M with participation from TPG, Steadview Capital, Tiger Global, and Advent
Series C (2023): $50M led by Tiger Global Management, Norwest Venture Partners, and Accel
Key Investors in Zenoti
TPG
TPG is a global alternative asset management firm founded in 1992 with investment strategies spanning private equity, growth equity, impact investing, real estate, market solutions and credit.
Steadview Capital
Steadview Capital partners with visionary founders to build generational companies in the US and India, focusing on both public and private markets with an integrated investing framework.
Norwest Venture Partners
Founded in 1961, Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm headquartered in Palo Alto, California.
What's next for Zenoti?
Following its latest major strategic investment, Zenoti is well-positioned to accelerate its product innovation and expand its footprint in key international markets. The company's focus remains on deepening its enterprise capabilities, likely through enhanced AI-driven insights and broader ecosystem integrations. As Zenoti matures, the influx of capital will support the scaling of its sales and engineering teams, ensuring the platform remains the industry standard for wellness and fitness management. Investors are clearly betting on the company's ability to consolidate its leadership position and drive long-term value in the rapidly digitizing beauty and wellness economy.
See full Zenoti company page
