Zenoti revenue hit $41 million in 2023
Zenoti valuation more than $1.5 billion
Zenoti team size is 621 employees
Zenoti
15395 SE 30th Pl. Bellevue, Wa, United States
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.
2010
Founded
$41M
2022 Revenue
YOY
$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
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 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
| DISTRIBUTION | QTY |
|---|---|
| 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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Churn
Zenoti has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Zenoti
Monthly Revenue
$3.4M
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
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Rule of 40
0
Zenoti Board of Directors
| Name | Position |
|---|---|
| Sudheer Koneru | Board Member |
| Dheeraj Koneru | Board Member |
| Anand Arvind | Board Member |
Zenoti Executives
| Name | Position |
|---|
Zenoti Employees
| Name | Position |
|---|---|
| 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