Zeni, a Palo Alto, CA-based AI-powered finance concierge startup, raised $34 Million in Series B funding. The round was led by, Elevation Capital with participation from new investors Think Investments and Neeraj Arora and existing investors Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital, and Liquid 2 Ventures.
The company will use the funds to bring its intelligent bookkeeping and accounting platform and services to more customers by investing in its team in the U.S. and India across product, technology, marketing, sales, and finance operations.
Company: Zeni Inc.
Raised: $34.0M
Round: Series B
Funding Month: August 2021
Lead Investors: Elevation Capital
Additional Investors: Think Investments, Neeraj Arora, Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital, and Liquid 2 Ventures
Company Website: https://www.zeni.ai/
Software Category: FinTech>AI
About the Company: Founded by Swapnil Shinde and Snehal Shinde, Zeni is a bookkeeping and accounting platform that provides real-time insights and flux analysis of a company’s key financial metrics via its AI-powered Zeni Dashboard, including Cash In and Cash Out analysis, Universal Search of transactions across a startup’s entire finance stack, Spend and Income Trends for every customer and vendor in their ecosystem, and more.
Source: https://www.finsmes.com/2021/08/zeni-raises-34m-in-series-b-funding.html