ZenBusiness, an Austin, Texas-based only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business, announced the close of a $200 million Series C funding round, valuing the company at $1.7 billion.
As the largest SaaS financing rounds out of Austin this year, ZenBusiness becomes the latest unicorn in Texas. The round was led by Oak HC/FT, with participation from SoftBank Vision Fund 2 and existing investors Cathay Innovation and Greycroft.
With this new round of funding, ZenBusiness will continue to invest in the products that help propel customer growth and manage ongoing success, including the ZenBusiness app that centralizes all services in one easy-to-use dashboard.
Company: ZenBusiness, Inc.
Raised: $200.0M
Round: Series C
Funding Month: November 2021
Lead Investors: Oak HC/FT
Additional Investors: SoftBank Vision Fund 2, Cathay Innovation, and Greycroft
Company Website: https://zenbusiness.com/
Software Category: One-stop guided platform for the entrepreneur’s journey
About the Company: ZenBusiness, a Public Benefit Corporation, is the only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business. Empowering the new generation of entrepreneurs, ZenBusiness provides innovative tools, fintech, and world-class educational resources to support millions of small businesses on their journey to success, all at an affordable and clear price. By giving entrepreneurs what they need worry-free services, frontline support, and an all-inclusive platform. ZenBusiness makes leaping building a better life as easy as possible, allowing business owners to achieve a state of Zen. Founded in 2017, ZenBusiness is based in Austin, Texas.
Source: https://www.businesswire.com/news/home/20211109005672/en/ZenBusiness-Raises-200M-in-Series-C-Funding-From-Oak-HCFT-and-SoftBank-Vision-Fund-2-to-Empower-Entrepreneurs-to-Create-Successful-Businesses