Zenoti Receives $20M Investment from Steadview Capital

zenotiZenoti Software, a Bellevue, Wash.-based cloud platform for the spa, salon and med spa industry, secured $20m in funding.

Steadview Capital made the investment.

The company, which has previously raised capital from Tiger Global, Accel, and Avataar, intends to use the funds to expand its presence in the U.K. and bolster its global marketing efforts.

Led by Sudheer Koneru, CEO, Zenoti provides a cloud-based software solution for spa, salon and med spa for businesses of all sizes. Thousands of spas and salons in more than 50 countries use it to manage every aspect of their business. The integrated solution delivers online appointment bookings, mobile check in/check out, POS, CRM, employee management, inventory management, built-in marketing programs, and more.

Additionally, the company hired Guy Weismantel, a SaaS platform and technology industry veteran, to serve as Senior Vice President of Marketing.



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