About Zenly
Zenly is a company based in Paris (France) founded in 2011 was acquired by Snapchat in June 2017. It operates as a Freemium. Zenly has raised $33.7 million across 2 funding rounds from investors including Snapchat, Idinvest Partners and Benchmark. Zenly offers products and services including Zenly. Zenly operates in a competitive market with competitors including Polymate, TipShout, Seetymood, Kawaa and Mobiluck, among others.
- Headquarter Paris, France
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Sectors
TelecommunicationsMedia & Entertainment
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Phone
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Website
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Social
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Products & Services of Zenly
Zenly offers a comprehensive portfolio of products and services, including Zenly. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Location sharing is facilitated through this mobile application.
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Funding Insights of Zenly
Zenly has successfully raised a total of $33.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $22.5 million completed in September 2016. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $22.5M
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First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series B - Zenly | Valuation | Benchmark , Idinvest Partners | |
| Jun, 2015 | Amount | Series A - Zenly | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zenly
Zenly has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Snapchat, Idinvest Partners and Benchmark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zenly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zenly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zenly Comparisons
Competitors of Zenly
Zenly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polymate, TipShout, Seetymood, Kawaa and Mobiluck, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Geolocated social platform rewarding users for content sharing and interactions.
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Provides curated addresses for trips including restaurants, hotels, and places to see.
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Geolocation-tagged videos are shared through an app-based platform.
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Community platform to organize offline meetups
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A location-based social platform designed to connect users with friends and nearby events.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zenly
Frequently Asked Questions about Zenly
When was Zenly founded?
Zenly was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Zenly located?
Zenly is headquartered in Paris, France.
Is Zenly a funded company?
Zenly is a funded company, having raised a total of $33.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11.2M, raised on Jun 01, 2015.
What does Zenly do?
Location sharing services are provided by Zenly through a mobile app. The application operates in the social networking sector, allowing users to connect and share their real-time locations. Solutions are focused on enhancing user interaction within personal and social contexts.
Who are the top competitors of Zenly?
What products or services does Zenly offer?
Zenly offers Zenly.
Who are Zenly's investors?
Zenly has 6 investors. Key investors include Snapchat, Idinvest Partners, Benchmark, Xavier Niel, and Jerry Murdock.