Avendus Advises Zenoti on Its Usd 50 MN Series C Fundraise Led by Tiger Global Management

The beauty and wellness markets are large and growing. Zenoti is improving productivity for many salon and spa operators, and we are excited to partner with Sudheer and his team as they continue innovating,

Tiger Global’s investment in Zenoti is the validation of our achievements to date in becoming the backbone for the beauty and wellness service industry. We are pleased to be in the company of other category-defining companies in Tiger Global’s portfolio and thankful for the ardent support from Norwest and Accel throughout our journey,

With the momentum of more than 100% growth in the past year and being on target to achieve 130% growth in 2019, we’re excited to be leading the transition of this industry to the cloud. We’re energized that this funding will allow us to keep technology innovation at the
forefront for our industry.

Zenoti is a world-class vertical software company which has been able to transform and prove its business value to customers across various markets in America, Asia and Europe. It’s the first enterprise-class cloud solution capable of running the multi-location businesses in beauty and wellness industry providing a superset of features as compared to existing solutions.

The company is proud to serve the unmet needs of the industry and support successful brands including Waxing the City, Massage Heights, Mario Tricoci, Prose Boutiques, Sono Bello and Rudy's Barbershop, and to have recently expanded into the resort space adding MGM Resorts and Taj Hotels to its customer mix.