Zenoti Receives $80 Million Investment from TPG to Further Revolutionize the Beauty, Wellness, and Fitness Industries

Funding Rounds

▤ Summary

Zenoti, a leading enterprise cloud platform for the beauty, wellness, and fitness industries, announced today it has raised an additional $80 million as an extension to its Series D funding round. Zenoti’s touchless and mobile solutions serve all aspects of consumer engagement, allowing for easy appointment scheduling, self-check-ins, automatic payments, and more. “We are privileged to have the trust, confidence and support of TPG as we continue our growth journey,” said Sudheer Koneru, CEO and Founder at Zenoti. The additional capital will enable the company to continue to expand its platform through forthcoming M&A, while also providing some liquidity to its employees for their commitment and hard work to the organization over the last decade. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.

$ Funding

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Amount $80.0M Total raised
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Date June 7, 2021 Announcement date
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Investors TPG Capital Lead investors
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Company http://www.zenoti.com Funded company

▥ Classifications

industries
Retail
applications
AI & Machine learning

◇ AskAI Classifications

Labels
SaaS Business Management Software Salon & Spa Software

▦ Linked Companies

Zenoti
$100M to $250M