Zenoti, a Bellevue, WA-based enterprise cloud platform for the beauty and wellness industry, closed a $50m Series C funding.
The round was led by Tiger Global Management with participation from Norwest Venture Partners and Accel.
The company, which has raised a total of $71m to date, intends to use the funds to expand into both existing and new geographies and to continue hiring talent.
Led by Sudheer Koneru, CEO, Zenoti provides a cloud enterprise platform for the beauty and wellness industry to thousands of salon and spa customers spanning 44 countries.
Its technology leverages A.I., predictive analytics and mobile solutions to attract, engage and retain customers, eliminating long front desk lines, omni-channel booking and contactless payments for seamless check-outs.
The solution includes a rich suite of capabilities that support front desk operations with mobile payments, A.I. driven booking capabilities and communication tools while back office operations are supported with reporting and analytics, inventory management, marketing, and employee management capabilities.
The company serves brands including Waxing the City, Massage Heights, Mario Tricoci, Prose Boutiques, Sono Bello and Rudy’s Barbershop, MGM Resorts and Taj Hotels.
FinSMEs
01/05/2019