Zenoti
Facts
- HQ
- Seattle
- Sectors
- SaaS, Beauty, Health & Wellness, Enterprise Software
- Stage
- Series E+
Seattle AI Startup heyLibby, Co-Founded by Spencer Rascoff, Raises $4.5M to Automate Customer Service for Gyms and Salons
Seattle-based AI startup heyLibby, now renamed Replify, raised $4.5 million in seed funding to help health and wellness businesses like gyms and tanning salons automate customer communications. Founded by Tony Small, Anna Rodriguez, and Spencer Rascoff, the company currently serves U.S. clients with plans for international expansion.
Seattle Startup Rhodium Raises $2 Million to Revolutionize Marketing for Medical Spas and Beauty Brands with AI
Seattle startup Rhodium, founded by former Petabyte executives, has raised $2 million to provide AI-driven marketing software for medical spas and beauty brands. The company combines machine learning with merged direct-to-consumer brands to enhance customer engagement and revenue.
GeekWire updates Seattle list as Highspot raises $248M at $3.5B; SeekOut and Icertis added to 16 local unicorns
GeekWire updated its list of Seattle-area 'unicorn' startups (privately held companies valued at $1B+) after additions and a valuation change for Icertis, noting recent entrants like SeekOut and Highspot, which raised $248 million at a $3.5 billion valuation. The article highlights that the Seattle cohort includes 16 unicorns, none led by a female or Black CEO, and that many CEOs have Microsoft backgrounds amid a global surge in unicorns and venture funding.
SeekOut raises $115M, valuation tops $1B to expand recruiting and internal-employee products
Seattle startup SeekOut raised $115 million to push its valuation past $1 billion, becoming a unicorn, and will use the funds to expand recruiting and internal-employee products. Its recruiting platform, used by over 1,000 companies, aggregates data on 700+ million candidates, has built-in diversity filters, and reports ARR of $25–$50 million after tripling in nine months.
Karat raises $110M Series C at $1.1B valuation to scale remote technical interviewing
Karat, a Seattle startup that runs technical interviews through a vetted network of interviewers, raised $110 million in a Series C at a $1.1 billion valuation while more than doubling revenue and customers year-over-year.
Zenoti acquires SuperSalon; CEO Raj Mahajan to become SVP, 30 employees added to 800-person team
Seattle-area startup Zenoti has acquired salon and spa software maker SuperSalon; terms were not disclosed, SuperSalon CEO Raj Mahajan will join Zenoti as SVP of corporate development and 30 employees will be added to Zenoti’s ~800-person headcount.
Fabric raises $100M Series B at $850M valuation as revenue jumps 800% and headcount hits 161
Seattle e-commerce startup Fabric raised $100 million in a Series B that values the four-year-old company at $850 million after reporting revenue growth of more than 800% year-over-year and expanding headcount to 161.
Seattle startups raise record $3.1B in H1 2021, producing 12 local unicorns as Auth0 exits for $6.5B
Seattle-area startups raised a record $3.1 billion across 205 deals in H1 2021, driven by mega-rounds that produced at least 12 local unicorns and broader Pacific Northwest tech funding topping $5 billion. National VC activity and IPO/M&A dollar volumes are also surpassing prior records, with major exits like Auth0’s $6.5 billion acquisition by Okta highlighting regional maturation.
Amperity raises $100M Series D, becomes Seattle’s newest unicorn with $187M total funding
Seattle-based marketing startup Amperity raised $100 million in a Series D round, valuing it above $1 billion and bringing its total funding to $187 million. The company’s customer data platform helps brands like Alaska Airlines, Kroger and Starbucks unify fragmented first-party customer data to improve targeted marketing amid cookie restrictions and rising digital adoption.
Seattle Tech CEOs — Icertis, Syndio, Qumulo, Remitly, Outreach, Convoy, Zenoti, Skilljar — Share First-Job Lessons That Shaped Their Careers
Seattle-area tech startup CEOs shared lessons from their first jobs—ranging from car washing to programming—highlighting practical skills, work ethic, and enduring lessons that shaped their leadership and product thinking.
Ben Gilbert of PSL and 'Acquired' on the red-hot market for IPOs, VC and acquisitions
Another day, another deal. Keeping up with the flurry of acquisitions, IPOs, SPACs and venture capital these days is no easy task. In fact, IPO dollar volume for 2021 has already reached $171 billion, surpassing the record totals of last year. Same goes for mergers and acquisitions, with record levels of deal activity tracked for 2021. The money is certainly flowing. Washington state now boasts 11 "unicorns" — privately held companies boasting valuations of $1 billion or more. Many of them — such as Highspot, Zenoti and Outreach — have raised venture capital rounds of $150 million or more in…
Zenoti raises $80M extension from TPG Capital, total funding $330M and valuation near $1.5B after December Series D
Zenoti raised an $80 million extension to its December Series D led by TPG Capital, bringing total funding to $330 million and valuing the company near $1.5 billion; the enterprise software serves over 12,000 spas, salons and wellness businesses across 50 countries. The company, founded by Sudheer and Dheeraj Koneru, charges per-store subscriptions, has a growing payments arm, saw revenue double in 2020, expects 120% growth in 2021, and plans expansion into pet grooming and fitness.
Icertis raises $80M Series F led by B Capital, valuation jumps to $2.8B; total funding $280M
Seattle-area contract-management software company Icertis raised an $80 million Series F, boosting its valuation to $2.8 billion and bringing total funding to $280 million as it reports revenue north of $100 million and 1,400 employees worldwide.
Highspot raises $200M Series E at $2.3B valuation, becoming Seattle’s newest unicorn
Highspot, a nine-year-old Seattle enterprise sales enablement startup, raised a $200 million Series E at a $2.3 billion valuation, becoming the city’s newest unicorn. The company says ARR grew 900% over three years and its platform uses AI to optimize sales conversations for customers like Hootsuite, Twitter, Siemens and Workday.
U.S. Startups Raised Record $156.2B in 2020; Pacific Northwest Logged $946M in Q4 Across 54 Deals
U.S. startups set a new annual VC funding record in 2020 with $156.2 billion raised, driven by digital acceleration during the pandemic and a surge in mega-deals; Q4 saw $946 million invested across 54 Pacific Northwest deals. VC fundraises also hit records and IPO activity boosted exit values, suggesting continued momentum into 2021 as investors hold dry powder.
Stalking Seattle's unicorns
Seattle's tech community just reached a new milestone: 10 unicorns, privately held companies valued at more than $1 billion. Their characteristics say a lot about the direction and state of the tech industry in the region, both positive and negative. Read more: Seattle area boasts 10 fast-growing unicorns: Can you name the billion-dollar startups? Joining us as a guest commentator this week: Heather Redman, co-founder and managing partner of Flying Fish Partners, a Seattle-based venture capital firm that focuses its investments on machine learning and artificial intelligence. Also up for discussion: the challenges of running a big tech hub like…
Seattle Reaches 10 Unicorns Worth $1B+, Mostly Enterprise Software Firms with Microsoft Links
Seattle now has 10 unicorn startups valued at $1 billion or more, many concentrated in enterprise software/cloud computing and driven by rapid digital transformation and strong revenue run rates. Most have immigrant founders and Microsoft ties, but none have female co-founders or CEOs.
Zenoti raises $160M Series D, reaches $1B valuation to expand enterprise software for 12,000+ salons, spas and wellness businesses
Bellevue-based Zenoti raised $160 million in a Series D that values the company at $1 billion; its enterprise software serves over 12,000 spas, salons and wellness businesses and has doubled revenue this year.
Zenoti lays off ~17 employees (3.5% of 500) as COVID-19 pressures beauty industry, says CEO Sudheer Koneru
Seattle-based Zenoti cut 3.5% of its 500-person global staff (about 17 employees) as the COVID-19 outbreak disrupts the beauty and wellness industry, though CEO Sudheer Koneru says financial impact has been minimal and larger clients continue driving revenue through digital tools like gift cards and online retail.
Secret Startup Ingredient: Microsoft
Would you have guessed that nearly 25 percent of the Seattle region's top tech startups are led by CEOs with backgrounds at Microsoft? That was the surprising result of our analysis of the GeekWire 200, our index of the top privately held tech companies in the Pacific Northwest. And fundings for the region's startups bucked the national trend, as reflected in data from our new startup deal tracker. Nintendo unveiled a new iteration of its Switch game console; former Microsoft CEO Steve Ballmer pulled off what might be his greatest deal ever; and an Amazon employee showed the potential of…
GeekWire 200 November Update: DocuSign Tops as Textio Rises 23 Spots and Morningstar Acquires PitchBook for $180M
The November update of the GeekWire 200 highlights Pacific Northwest startups leveraging recent large funding rounds to expand products and staff, with DocuSign leading the list. Notable moves include Textio jumping 23 spots to number 176 and Avvo advancing into the seventh spot, while PitchBook was acquired by Morningstar for $180 million.
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Sudheer Koneru Executive, CEO
