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Zenoti revenue hit $41 million in 2023

Zenoti valuation more than $1.5 billion

Zenoti team size is 621 employees


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Zenoti

15395 SE 30th Pl. Bellevue, Wa, United States

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How Zenoti hit $41M Revenue with 12K customers in 2023.

Zenoti is a cloud-based software platform designed to help spas, salons, and fitness studios manage their operations more efficiently. It offers a range of features such as appointment scheduling, customer management, staff management, inventory management, marketing automation, and analytics. Zenoti's goal is to help businesses improve their customer experience, increase revenue, and streamline their operations through the use of technology. The company was founded in 2010 and is headquartered in Bellevue, Washington, with additional offices in India, the United Kingdom, and the United Arab Emirates.

Founded

2010

Founded

Revenue

$41M

2022 Revenue

YOY
-----

YOY

Funding

$331M

Funding


Zenoti Revenue

In 2022, Zenoti revenue run rate hit $41M in revenue.

  • 2020

    Zenoti hit $41M in revenue in 2020

  • 2010

    Zenoti launched in 2010 with $0 revenue

$41M

Zenoti Funding History

  • 2021 Series D

    Zenoti raised a Series D of $80M at a $1.5B valuation in June 2021

  • 2020 Series D

    Zenoti raised a Series D of $160M at a $840M valuation in December 2020

  • 2019 Venture Round

    Zenoti raised a Venture Round of $20M

  • 2019 Series C

    Zenoti raised a Series C of $50M

  • 2016 Series B

    Zenoti raised a Series B of $15M

  • 2015 Series A

    Zenoti raised a Series A of $6M

FUNDING DATEROUNDAMOUNTVALUATION
06/07/2021 Series D $80M $1.5B
12/15/2020 Series D $160M $840M
08/22/2019 Venture Round $20M
05/01/2019 Series C $50M
08/11/2016 Series B $15M
07/27/2015 Series A $6M

Team

Zenoti has 621 total employees and 82 sales reps that carry a quota. They have 12000 customers an engineering team of 113 and a marketing team of 14

2017201820202021-33▼60▲39▲
DISTRIBUTIONQTY
Total team size
621
Engineer
113(18%)
Sales
82(13%)
Marketing
14(2%)

CEO/Founder

Sudheer Koneru

Before Sudheer co-founded Zenoti, he led a large part of the team that developed the Windows operating system and founded an enterprise software company (now SumTotal), which he helped grow to $100 million. Ready for a “break,” Sudheer turned his attention to wellness and eventually launched a successful chain of health clubs, spas and salons. Not surprisingly, Sudheer wasn’t satisfied with any software for his new business — and so Zenoti was born. Sudheer is an avid runner and student of yoga, which helps him keep his zen.

Q&A

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Customers

Zenoti has 12K customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

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$0$0024681012
$0$0024681012

Churn

Zenoti has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Zenoti

Monthly Revenue

$3.4M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Zenoti Board of Directors

NamePosition
Sudheer KoneruBoard Member
Dheeraj KoneruBoard Member
Anand ArvindBoard Member

Zenoti Executives

NamePosition

Zenoti Employees

NamePosition
Sudheer Koneru Board Member
Dheeraj Koneru Board Member
Anand Arvind Board Member

Frequently Asked Questions about Zenoti

When was Zenoti founded?

Zenoti was founded in 2010.

How much revenue does Zenoti generate?

Zenoti generates $41M in revenue.

Who is the CEO of Zenoti?

The CEO of Zenoti is Sudheer Koneru.

How much funding does Zenoti have?

Zenoti raised $331M.

How many employees does Zenoti have?

Zenoti has 621 employees.

Where is Zenoti headquarters?

Zenoti is headquartered in United States