About Zimit
Zimit is a Technology company based in Boca Raton (United States) founded in 2015 by Ali Safadic and James Cramer, and was acquired by Workday in September 2021. CPQ software platform is delivered to enterprises for quote management. Zimit has raised $3.22 million across 3 funding rounds from investors including Workday. Its chief executive, as recorded, is Ali Safadic. Its focus areas include Enterprise Applications, Sales Force Automation, Configure Price Quote and Suite. Its competitors include Conga, PandaDoc and PROS Holdings; 2 of its 3 listed competitors have raised funding.
Company details
Platform offering CPQ software to enterprises. It offers a web interface that allows adding resources, products, managed services, adjusts timelines, adds discounts, and switch pricing models. Its offerings include a solution catalog, quote analytics, and more. It can integrate with CRM, PSA, HR, Time Collection, and ERP applications. It has clients such as Dell, Siemens, Workday, etc.
Apps and channels of Zimit
its YouTube channel Workday has 33.7K subscribers and 30 videos.
Videos from Zimit
The most watched videos on Zimit's YouTube channel, Workday (33.7K subscribers). Click a video to play it here.
More on Workday.
Funding Insights of Zimit
Zimit has successfully raised a total of $3.22M across 3 strategic funding rounds. 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 $3.22M
- Total Rounds 3
- First Round $2M
(Aug 2019)
All 3 funding rounds of Zimit 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 |
|---|---|---|---|---|---|
| Jun 2021 | $1.22M | Seed | – | – | – |
| Jun 2021 | Debt – Conventional | – | – | – | |
| Aug 2019 | $2M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Zimit
Zimit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Workday.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based HR and financial software is delivered to enterprises. | 2005 | workday.com | Pleasanton, United States |
Investor details for Zimit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of Zimit
26 people are tracked at Zimit (3 in leadership, 23 in team).
| Name | Role | Group |
|---|---|---|
Ali Safadic | Co-Founder & Co-CEO | Leadership |
James Cramer | Co-Founder & Co-CEO | Leadership |
Shay Krauss | Director Of Engineering | Leadership |
Roman Droga | Javascript Software Engineer | Team |
Krishna Kishore Gangisetty | Integration Manager | Team |
Alex Stepchenkov | Developer | Team |
Elizaveta Slepenkova | QA Engineer | Team |
Igor Chisacov | Software Quality Assurance Engineer | Team |
Michael Band | Senior Software Engineer | Team |
Serhii Didenko 🇺🇦 | Full Stack Developer Node Js Angular | Team |
Dmitry Kalenyuk | Team Lead/senior Software Engineer | Team |
Andrey Sozutov | Full Stack Software Engineer | Team |
Alan Lin | Solutions Architect | Team |
Anton Yurov | Full Stack Engineer | Team |
Jesus Sanchez | Software Engineer | Team |
Sergey Nazarenko | Project Delivery Manager | Team |
Alexey Ilchenko | Javascript Developer | Team |
Michael Rante | CPQ Architect | Team |
Stanislav Pipa | Senior Full Stack Software Engineer | Team |
Scott Parkhill Pmp | Senior Solutions Architect | Team |
6 more people are available in the full profile.
Complete people profiles for Zimit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Zimit
4 dated milestones of Zimit across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Zimit is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Debt – Conventional,.
- Exit Acquired by Workday.
Competitors of Zimit
Zimit has 3 listed competitors in our database, 2 of them funded. They include Conga, PandaDoc and PROS Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| conga.com | 2006 | Broomfield, United States | $140.09M | 266 | Contract lifecycle management is facilitated via a cloud-based platform. | |
| pandadoc.com | 2011 | San Francisco, United States | $61.93M | 181 | Document workflows are automated and managed for sales teams. | |
| pros.com | 1985 | Houston, United States | 1,486 | Cloud-based CPQ and revenue optimization solutions are offered. |
Detailed competitors of Zimit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Sales Force Automation
3 companies that operate in the same segment as Zimit (Sales Force Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Sales prospecting and engagement tools are offered to enterprises. | 2011 | Atlanta, Georgia, United States | USD 246.48 M | 1,121 |
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Related news about Zimit
Complete news archive for Zimit
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Frequently Asked Questions about Zimit
Zimit was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Zimit is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
Ali Safadic is the CEO of Zimit, as recorded in our data. They have also founded this company.
Zimit is a funded company, having raised a total of $3.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 2019.
Platform offering CPQ software to enterprises. It offers a web interface that allows adding resources, products, managed services, adjusts timelines, adds discounts, and switch pricing models. Its offerings include a solution catalog, quote analytics, and more. It can integrate with CRM, PSA, HR, Time Collection, and ERP applications. It has clients such as Dell, Siemens, Workday, etc.
Zimit's top competitors include Conga, PandaDoc and PROS Holdings.
Zimit has 1 investor. Key investors include Workday.
Yes. Zimit was acquired by Workday in September 2021.