About Zenwork
Zenwork is a Technology company based in Fayetteville (United States) founded in 2002. Cloud-based solutions for financial compliance and tax filing are provided. Zenwork has raised $163 million across 1 funding round from investors including Spectrum Equity. Its website zenwork.com draws about 792 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include TaxAct, Anrok and Drake Software; 2 of its 3 listed competitors have raised funding.
Company details
Zenwork was founded in 2002 and is headquartered in Fayetteville, United States. Operations focus on the financial technology sector, where cloud-based platforms for compliance and tax filing are developed and maintained. Specific products include Enterprise 1099, designed for large-scale enterprise compliance needs, and SMB1099, tailored for small and medium-sized business tax requirements. Assistance services for tax filing processes are also extended to clients.
- Headquarters Fayetteville, United States
- SectorsTechnology
- Website category Finance · Accounting and Auditing
- Email••••••••
- Website zenwork.com
- Social LinkedIn X Facebook
- Total Equity Funding$163M (USD)
in 1 rounds
- Latest Funding Round$163M (USD), Private Equity Round
Nov 2021
- Investors
Associated legal entities of Zenwork
Zenwork is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trst Global Llp CIN AAV-6944 | Active | 03 Feb 2021 | Hyderabad, Telangana | 2 | View details | ||
| Zenwork Labs India Private Limited CIN U72200TG2014PTC094916 | Active | 21 Jul 2014 | Hyderabad, Telangana | ₹5.1 Cr | 2 | View details |
Funding Insights of Zenwork
Zenwork has successfully raised a total of $163M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $163 million completed in November 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 $163M
- Total Rounds 1
- Last Round Private Equity Round — $163M
- First Round $163M
(Nov 2021)
- Investors Count 1
All 1 funding rounds of Zenwork 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 |
|---|---|---|---|---|---|
| Nov 2021 | $163M | Private Equity Round | – | Spectrum Equity | – |
1 investors in total: 1 institutional.
Investors in Zenwork
Zenwork has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Spectrum Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity investments and partnerships in finance and related sectors. | spectrumequity.com |
Investor details for Zenwork
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zenwork
The boards of the 2 registered companies of Zenwork currently have 3 directors; the longest-serving is Rekharai Singh, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rekharai Singh DIN 06928394 | Director | 21 Jul 2014 | 12 yrs 3 mo | Zenwork Labs India Private Limited |
| Sanjeev Kumar Singh DIN 06930118 | Designated Partner | 03 Feb 2021 | 5 yrs 8 mo | Trst Global Llp, Zenwork Labs India Private Limited |
| Chandralekha Singh DIN 10703993 | Designated Partner | 08 Nov 2023 | 2 yrs 11 mo | Trst Global Llp |
People of Zenwork
58 people are tracked at Zenwork (13 in leadership, 3 in board & advisors, 42 in team).
| Name | Role | Group |
|---|---|---|
Rekha Singh | Co-Founder & CTO | Leadership |
Dev Dave | Growth Marketing Director | Leadership |
William McNamara | CFO | Leadership |
Edward Pratt | COO | Leadership |
| Founder & CEO | Leadership | |
Raj Rai | Head of Operations | Leadership |
Nicholas Bondurant | Product Director | Leadership |
Pranav Kumar | VP, Growth Marketing | Leadership |
Jeffrey Cronin | Chief Strategy Officer | Leadership |
Naina Malviya | Chief Of Staff And Head Of AI Initiatives | Leadership |
Seth Givens | Human Resource And Operations Director | Leadership |
Wendy Hardin | VP Of Sales | Leadership |
Saurabh Kumar | Vice President Of Engineering | Leadership |
Adam Margolin | Board Member | Board & advisors |
Cameron Ghorbani | Board Member | Board & advisors |
Brian Provost | Board Member | Board & advisors |
Venu Singam | Digital Marketing Manager | Team |
Harsha Vardhan Kuchibhotla | Senior Manager - Account Based Marketing | Team |
Nagasaipavankumar Chintakrinda | Software Developer | Team |
Venus Vineeth Pais | Senior Business Analyst | Team |
38 more people are available in the full profile.
Complete people profiles for Zenwork
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
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Financials of Zenwork
Figures of Zenwork Labs India Private Limited, the primary company behind Zenwork, for FY 2021. Revenue was ₹5.15 Cr (+4% year on year). Net profit was ₹25.4 Lakh (5% margin). EBITDA was ₹49.7 Lakh (10% margin). Revenue has grown at a compounded annual rate of +32% over three years and +34% over five years.
- ₹5.15 CrRevenue · FY 2021 · +4% YoY
- ₹25.4 LakhNet profit · 5% margin
- ₹49.7 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- +32%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zenwork Labs India Private Limited are on its company page.
Detailed financial statements for Zenwork
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Zenwork
2 dated milestones of Zenwork across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Zenwork is founded.
- Funding First funding round of $163.0M.
Competitors of Zenwork
Zenwork has 3 listed competitors in our database, 2 of them funded. They include TaxAct, Anrok and Drake Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| taxact.com | 1998 | Dallas, United States | $85M | 133 | Tax filing software is offered for individuals and businesses. | |
| anrok.com | 2020 | San Francisco, United States | $113.6M | Cloud-based sales tax compliance solution that automates tax calculation and filing for software-as-a-service companies, enabling them to focus on growth while ensuring compliance with global tax regulations | ||
| drakesoftware.com | 1976 | Knoxville, United States | Professional tax preparation software is developed for tax professionals. |
Detailed competitors of Zenwork
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Zenwork
The website of Zenwork (zenwork.com) receives about 791.9K visits a month and ranks #717,189 among all websites worldwide, #1,791 in Accounting and Auditing.
- Monthly visits791.9K
▲ 1850.4% vs previous month
- Unique visitors20.6K
per month
- Global rank#717,189
among all websites
- Category rank#1,791
Finance · Accounting and Auditing
- Bounce rate38%
- Pages per visit2.4
- Average visit34 sec
- DevicesDesktop 52% · Mobile 48%
Websites whose visitors overlap most with Zenwork. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hrblock.com | 100% | 24.9M | #7,311 | View details | |
journalofaccountancy.com | journalofaccountancy.com | 91% | #268,210 | – | |
| taxact.com | 85% | 4.2M | #33,613 | View details | |
| track1099.com | 70% | 1.2M | #34,907 | View details | |
| bankofamerica.com | 69% | 113.9M | #258 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Zenwork
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Zenwork (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 Zenwork
Complete news archive for Zenwork
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Frequently Asked Questions about Zenwork
Zenwork was founded in 2002 and raised its 1st funding round 19 years after it was founded.
Zenwork is headquartered in Fayetteville, United States.
Zenwork is a funded company, having raised a total of $163M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $163M, raised on Nov 2021.
Zenwork was founded in 2002 and is headquartered in Fayetteville, United States. Operations focus on the financial technology sector, where cloud-based platforms for compliance and tax filing are developed and maintained. Specific products include Enterprise 1099, designed for large-scale enterprise compliance needs, and SMB1099, tailored for small and medium-sized business tax requirements. Assistance services for tax filing processes are also extended to clients.
Zenwork's top competitors include Anrok, TaxAct and Drake Software.
Zenwork has 1 investor. Key investors include Spectrum Equity.
Zenwork is associated with 2 legal entities: Trst Global Llp, Zenwork Labs India Private Limited.
The legal entities of Zenwork currently have 3 directors, including Sanjeev Kumar Singh, Chandralekha Singh, Rekharai Singh.
The website of Zenwork receives about 792 thousand visits a month and ranks #717,189 among all websites worldwide.