ZenBusiness, an Austin, TX-based online platform to create and run small businesses, closed a $15m Series A venture capital financing.
The round was led by Greycroft, with participation from Lerer Hippeau, and Revolution’s Rise of the Rest Seed Fund and new investors Rosecliff Venture Partners, Interlock Partners, and Recruit Strategic Partners (RSP).
The company intends to use the funds to further expand its presence and continue to build out the platform and community features.
Led by Ross Buhrdorf, CEO, ZenBusiness provides a leverages Machine Learning (ML) and automation online platform that gives everything needed to start a company as an LLC or Corporation, and operate it over time through a wide array of business services including accounting, taxes, banking, lending and credit, website, domain, and email.
Since its public launch in early 2018, the company has served thousands of small businesses via its platform.
ZenBusiness is a Public Benefit Corporation.