About Zylo
Zylo is a company based in Indianapolis (United States) founded in 2015 by Cory Wheeler, Ben Pippenger, and Eric Christopher.. Zylo has raised $72.19 million across 6 funding rounds from investors including Slack, Coupa and Bessemer Venture Partners. The company has 1 employees as of March 28, 2024. Zylo offers products and services including Zylo Discover, SaaS Manager, and Savings Center. Zylo operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Apptio and Flexera, among others.
- Headquarter Indianapolis, United States
- Employees 1 as on 28 Mar, 2024
- Founders Cory Wheeler, Ben Pippenger, Eric Christopher
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Zylo Porter Private Limited
- Date of Incorporation 19 Nov, 2020
- Jurisdiction Lucknow, Uttar Pradesh, India
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Annual Revenue
$225.86 (USD)0as on Mar 31, 2021
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Net Profit
$-55.21 (USD)0as on Mar 31, 2021
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EBITDA
$-201.7 (USD)0as on Mar 31, 2021
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Total Equity Funding
$72.19 M (USD)
in 6 rounds
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Latest Funding Round
$5 M (USD), Series C
Feb 16, 2023
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Investors
Slack
& 12 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of Zylo
Zylo offers a comprehensive portfolio of products and services, including Zylo Discover, SaaS Manager, and Savings Center. 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.
AI tool for categorizing and inventorying SaaS applications to reduce risks.
Platform for tracking entitlements and optimizing software usage efficiently.
Tool for analyzing benchmarks and driving savings in SaaS spending.
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Funding Insights of Zylo
Zylo has successfully raised a total of $72.19M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in February 2023. 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 6
- Last Round Series C — $5.0M
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First Round
First Round
(08 Jul 2016)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - Zylo | Valuation | MassMutual Ventures |
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| Nov, 2022 | Amount | Series C - Zylo | Valuation | Baird Capital | |
| Sep, 2019 | Amount | Series B - Zylo | Valuation | Menlo Ventures |
| 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 Zylo
Zylo has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Slack, Coupa and Bessemer Venture Partners. 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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Corporate-backed venture capital fund
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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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 Zylo
| 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 - Zylo
| 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 |
Zylo Comparisons
Competitors of Zylo
Zylo 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 Coupa, Sage Group, Tipalti, Apptio and Flexera, 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 |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud spending is managed for enterprises through a specialized platform.
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| domain | founded_year | HQ Location |
Cloud management solutions are delivered via an online IT platform.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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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 Zylo
Frequently Asked Questions about Zylo
When was Zylo founded?
Zylo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Zylo located?
Zylo is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of Zylo?
Eric Christopher is the current CEO of Zylo. They have also founded this company.
Is Zylo a funded company?
Zylo is a funded company, having raised a total of $72.19M across 6 funding rounds to date. The company's 1st funding round was a Series B of $22.5M, raised on Jul 08, 2016.
How many employees does Zylo have?
As of Mar 28, 2024, the latest employee count at Zylo is 1.
What is the annual revenue of Zylo?
Annual revenue of Zylo is $225.86 as on Mar 31, 2021.
What does Zylo do?
Zylo was founded in 2015 in Indianapolis, United States, and operates in the software-as-a-service (SaaS) management sector. Solutions are offered for discovering SaaS applications, optimizing spending, enforcing governance, and managing vendors. Customer support is extended through these services to control expenditures, maintain compliance, and improve employee productivity across various organizations.
Who are the top competitors of Zylo?
Zylo's top competitors include Coupa, Sage Group and Airbase.
What products or services does Zylo offer?
Zylo offers Zylo Discover, SaaS Manager, and Savings Center.
Who are Zylo's investors?
Zylo has 13 investors. Key investors include Slack, Coupa, Bessemer Venture Partners, MassMutual Ventures, and Baird Capital.
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