Zeni
Zeni is an AI-powered bookkeeping software supported by a dedicated finance team, offering a comprehensive suite of financial tools and services. The platform aims to automate financial operations, saving businesses up to 70 hours per month and enhancing accuracy. Zeni provides AI Bookkeeping, AI Bill Pay, AI Reimbursements, AI Business Checking Accounts, and AI Business Credit Cards. They also offer Fractional CFO services, Tax Accountant support, and Payroll services. Zeni targets early- to growth-stage technology startups in the United States, emphasizing real-time financial insights and high-velocity decision-making through a blend of AI and human expertise.
Zeni
Zeni is an AI-powered bookkeeping software supported by a dedicated finance team, offering a comprehensive suite of financial tools and services. The platform aims to automate financial operations, saving businesses up to 70 hours per month and enhancing accuracy. Zeni provides AI Bookkeeping, AI Bill Pay, AI Reimbursements, AI Business Checking Accounts, and AI Business Credit Cards. They also offer Fractional CFO services, Tax Accountant support, and Payroll services. Zeni targets early- to growth-stage technology startups in the United States, emphasizing real-time financial insights and high-velocity decision-making through a blend of AI and human expertise.
TL;DR
Founded: 2019
Founders: Swapnil Shinde (CEO) & Snehal Shinde (CPO)
Product: AI-powered bookkeeping and finance operations platform backed by a dedicated finance team
Funding (total): 47.5M USD (Series B $34M, Aug 4, 2021)
Headcount: 361 employees
Compliance: SOC 2 Type II
Company Overview
Problem Domain
Bookkeeping and finance operations automation for early- to growth-stage technology startups.
Founded
2019
Industry
Fintech / Accounting software
Funding Track Record
13,500,000 USD
Combined seed and Series A funding reported as $13.5M prior to Series B.
34,000,000 USD
Series B announced Aug 4, 2021; brought total raised to $47.5M.
Investor Signal
“Backed by institutional VCs and angels, including Series B lead Elevation Capital and Series A lead Saama Capital; other named investors include Think Investments, Neeraj Arora, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital, Liquid 2 Ventures, SVB Financial Group, Firebolt Ventures, and angels such as Manish Chandra, Gokul Rajaram, Ed Lu, Nickhil Jakatdar, Kunal Shah, and Anupam Mittal.”