About Zeni Tech
Zeni Tech is a Technology company based in Palo Alto (United States) founded in 2019 by Swapnil Shinde and Snehal Shinde. AI-powered bookkeeping and financial services for startups are provided. Zeni Tech has raised $47.5 million across 2 funding rounds from investors including SVB, Saama Capital and Neeraj Arora. The company has 206 employees. Its chief executive, as recorded, is Swapnil Shinde. Its website zeni.ai draws about 96 thousand monthly visits. Its Indian entity Zeniai Private Limited reported revenue of ₹63.53 Cr. Zeni Tech offers products and services including AI Bookkeeping, AI Bill Pay, AI Reimbursements, AI Business Checking, and AI Business Credit Card. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its competitors include BlackLine, Wolters Kluwer and Digits; 2 of its 3 listed competitors have raised funding.
Company details
Zeni Tech was founded in 2019 in Palo Alto, United States, within the fintech sector. Automated bookkeeping, bill pay, and reimbursement solutions are offered to startups, alongside integration with existing accounting software for real-time financial insights. Fractional CFO, tax, and payroll support is managed by a team of financial experts. Operations are streamlined across these integrated services to handle routine financial tasks.
- Headquarters Palo Alto, United States
- Employees 206
- Founders Swapnil Shinde, Snehal Shinde
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website zeni.ai
- Social LinkedIn X Facebook
- Legal Name Zeniai Private Limited
- Date of Incorporation 11 Jul, 2019
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹63.53 Cr
FY 2024 · +35% YoY
- Indian entity net profit₹6.92 Cr
FY 2024 · 11% margin
- Indian entity EBITDA₹10.32 Cr
FY 2024 · 16% margin
- Total Equity Funding$47.5M (USD)
in 2 rounds
- Latest Funding Round$34M (USD), Series B
Aug 2021
- InvestorsSVB
& 10 more
- Employee Count206
Associated legal entities of Zeni Tech
Zeni Tech operates through Zeniai Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zeniai Private Limited CIN U72900PN2019PTC185375 | Active | 11 Jul 2019 | Pune, Maharashtra | ₹63.5 Cr | 206 | 2 | View details |
Products & Services of Zeni Tech
Zeni Tech offers a comprehensive portfolio of products and services, including AI Bookkeeping, AI Bill Pay, AI Reimbursements, AI Business Checking, and AI Business Credit Card.
Automates financial record-keeping for accurate business insights.
Facilitates fast vendor payments with AI-powered processing.
Handles employee reimbursements quickly and efficiently.
Provides AI-enhanced checking accounts for transaction management.
Offers credit cards with automated expense tracking and rewards.
Funding Insights of Zeni Tech
Zeni Tech has successfully raised a total of $47.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47.5M
- Total Rounds 2
- Last Round Series B — $34M
- First Round $13.5M
(Mar 2021)
- Investors Count 11
All 2 funding rounds of Zeni Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $34M | Series B | – | Elevation Capital | |
| Mar 2021 | $13.5M | Series A | – | Saama Capital |
11 investors in total: 9 institutional and 2 angel.
Investors in Zeni Tech
Zeni Tech has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include SVB, Saama Capital and Neeraj Arora.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | sierraventures.com | |||
Investments in AI-based seed and Series A startups are targeted. | twin.vc | San Francisco, United States | ||
Venture capital fund focused on seed-stage investment in multiple sectors | liquid2.vc | San Francisco, United States | ||
Dragon Capital is focused on investment opportunities in Vietnam. | 1994 | dragoncapital.com | Ho Chi Minh City, Vietnam | |
Investment Firm | thinkinvestments.com | San Francisco, United States | ||
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India | ||
Venture capital investments and partnerships in diverse sectors. | 2012 | saama.vc | Bengaluru, India | |
Early-stage founders are supported through impactful venture capital investments. | fireboltventures.com | Palo Alto, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
NA Neeraj Arora | Former WhatsApp CBO, angel investor, key in WhatsApp-Facebook deal | unknown_8adcc472a9e547988 |
Investor details for Zeni Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Zeniai Private Limited (Zeni Tech)
Zeniai Private Limited is the primary company behind Zeni Tech. The board of Zeniai Private Limited currently have 2 directors; the longest-serving is Mangesh Mahendra Garud, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mangesh Mahendra Garud DIN 07295645 | Director | 10 Jul 2020 | 6 yrs 3 mo | Zeniai Private Limited |
| Rahul Mayekar DIN 08805458 | Director | 11 Aug 2020 | 6 yrs 2 mo | Zeniai Private Limited |
People of Zeni Tech
47 people are tracked at Zeni Tech (17 in leadership, 30 in team); the tracked headcount is 206.
| Name | Role | Group |
|---|---|---|
Swapnil Shinde | Co-Founder & CEO | Leadership |
Snehal Shinde | Co-Founder & CPO | Leadership |
Ben Ashworth | VP of Marketing | Leadership |
Scott Whitehead | VP of Strategy & Partnerships | Leadership |
Natalia Goncharova | Controller, CFO Advisory Services | Leadership |
Svitlana Grankovska | Fractional Cfo, Head Of CFO Advisory Practice | Leadership |
Nihar N. | Sr Director, Product | Leadership |
Ca Monika Singla | Associate Director | Leadership |
Aidan Lilani | Head Of Partnerships | Leadership |
Yoshiko Araki | Director Of Marketing | Leadership |
Shawn Averett | Director Of Demand Generation | Leadership |
| VP, Operations (India) | Leadership | |
Varun Sharma | Associate Director Of Operations | Leadership |
Sara Love | Head Of People | Leadership |
Shishir Shroff | Senior Director Of Product Management | Leadership |
| Vice President Of Design, Founding Member | Leadership | |
Jennifer Lebrun | Director Of Business Development | Leadership |
Mason Charlesworth | BDR - Team Lead | Team |
Greeshma Polkam | Sr. Product Manager | Team |
Harpreet Singh | Assistant Team Lead | Team |
27 more people are available in the full profile.
Complete people profiles for Zeni Tech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Zeni Tech
Figures of Zeniai Private Limited, the primary company behind Zeni Tech, for FY 2024. Revenue was ₹63.53 Cr (+35% year on year). Net profit was ₹6.92 Cr (11% margin). EBITDA was ₹10.32 Cr (16% margin). Revenue has grown at a compounded annual rate of +103% over three years.
- ₹63.53 CrRevenue · FY 2024 · +35% YoY
- ₹6.92 CrNet profit · 11% margin
- ₹10.32 CrEBITDA · 16% margin
- ₹10,000Paid-up capital
- 206Employees (provident fund records)
- +103%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zeniai Private Limited are on its company page.
Detailed financial statements for Zeni Tech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Zeni Tech
3 dated milestones of Zeni Tech across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Zeni Tech is founded.
- Funding First funding round of $13.5M.
- Funding Latest funding round, Series B, of $34.0M.
Competitors of Zeni Tech
Zeni Tech has 3 listed competitors in our database, 2 of them funded. They include BlackLine, Wolters Kluwer and Digits.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackline.com | 2001 | Los Angeles, United States | $200M | 1,042 | AI-based accounting processes are automated for businesses. | |
| wolterskluwer.com | 1836 | United States | 16 | Enterprise legal processes are managed via an AI-powered platform. | ||
| digits.com | 1995 | San Francisco, United States | $97.5M | 26 | SMS-based customer authentication and verification services are provided across platforms. |
Detailed competitors of Zeni Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Zeni Tech
The website of Zeni Tech (zeni.ai) receives about 95.8K visits a month.
- Monthly visits95.8K
▲ 11.5% vs previous month
Websites whose visitors overlap most with Zeni Tech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| docyt.com | 100% | 18.1K | #1,084,354 | View details | |
| vic.ai | 93% | 104.1K | #375,834 | View details | |
| cred.ai | 91% | 46.8K | #597,720 | View details | |
| kruzeconsulting.com | 90% | #641,561 | View details | ||
| finaloop.com | 90% | 77.5K | #325,053 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zeni Tech
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- 40 similar websites
- Audience overlap
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Zeni Tech (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Zeni Tech
Complete news archive for Zeni Tech
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Frequently Asked Questions about Zeni Tech
Zeni Tech was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Zeni Tech is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Swapnil Shinde is the CEO of Zeni Tech, as recorded in our data. They have also founded this company.
Zeni Tech is a funded company, having raised a total of $47.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13.5M, raised on Mar 2021.
Zeni Tech has 206 employees.
The primary company behind Zeni Tech, Zeniai Private Limited, reported revenue of ₹63.53 Cr for FY 2024, up 35% year on year.
Zeni Tech was founded in 2019 in Palo Alto, United States, within the fintech sector. Automated bookkeeping, bill pay, and reimbursement solutions are offered to startups, alongside integration with existing accounting software for real-time financial insights. Fractional CFO, tax, and payroll support is managed by a team of financial experts. Operations are streamlined across these integrated services to handle routine financial tasks.
Zeni Tech's top competitors include BlackLine, Digits and Wolters Kluwer.
Zeni Tech offers AI Bookkeeping, AI Bill Pay, AI Reimbursements, AI Business Checking, and AI Business Credit Card.
Zeni Tech has 11 investors. Key investors include SVB, Saama Capital, Neeraj Arora, Sierra Ventures, and Twin Ventures.
Zeni Tech operates through Zeniai Private Limited.
The legal entities of Zeni Tech currently have 2 directors, including Rahul Mayekar, Mangesh Mahendra Garud.