Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

AI-Powered Fintech Startup Zeni Raises $34m in Series B Round

byNicholas Say
August 6, 2021
in News, Artificial Intelligence, Contributors, Finance, Trends

This article was originally published on Grit Daily and is reproduced with permission.

The Palo Alto and Pune-based Al-powered fintech startup Zeni has completed a Series B fundraising round and secured $34 million. It is an advanced fintech platform that allows companies to do all their financial tracking in one place.

Elevation Capital led the fund. Other investors included Neeraj Arora, Think Investments, Sierra Ventures, Saama Capital, Twin Ventures, Dragon Capital, Liquid 2 Ventures, and Amit Singhal.

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

Digital transformation continues increasing amid startups and small businesses turning to digitize and automate their business operations.

According to Snehal Shinde, Co-founder and Chief Product Officer at Zeni, “Startups and small businesses are fundamentally changing how they operate based on digital-first tools and services that are displacing the traditional, slow and human-intensive services across every category.”

Zeni, a bookkeeping and accounting platform, uses its AI-powered Zeni Dashboard to provide real-time insights and flux analysis of a company’s key financial metrics.

These tools include a Universal Search of transactions across a company’s entire finance stack, Spend and Income Trends for every customer and vendor in their ecosystem, and Cash In and Cash Out analysis, among others.

Zeni has posted 550 percent in revenue growth year-over-year. The startup currently serves more than 100 startup customers.

In addition to the investment, Ravi Adusumalli, founder of Elevation Capital, will also become a member of Zeni’s board.

“Our focus at Zeni is to make financial management as seamless as possible for our customers, which carries over to the minimalist, intuitive product experience within the Zeni Dashboard. Every feature we introduce has an explicit purpose based on our customers’ needs, and is meticulously crafted to allow startup founders to find the answers to their questions in the most direct, actionable way possible,” Shinde said.

With the new funds, the startup will expand its service by investing its employees in the US and India across product, technology, marketing, sales, and finance operations.

Tags: AIartificial intelligencefintechFundingstartup

Related Posts

Snapchat Memories limits free storage to 5 GB

Snapchat Memories limits free storage to 5 GB

October 6, 2025
OpenAI Sora 2 requires opt-in for Nintendo, Pokémon content

OpenAI Sora 2 requires opt-in for Nintendo, Pokémon content

October 6, 2025
OpenAI and Jony Ive developing new AI device, report details challenges

OpenAI and Jony Ive developing new AI device, report details challenges

October 6, 2025
Microsoft warns of critical vulnerability as Windows 10 support deadline nears

Microsoft warns of critical vulnerability as Windows 10 support deadline nears

October 6, 2025
OpenAI Agent Builder debuts with drag-and-drop workflows

OpenAI Agent Builder debuts with drag-and-drop workflows

October 6, 2025
Vivo X300 FE receives EEC certification

Vivo X300 FE receives EEC certification

October 6, 2025
Please login to join discussion

LATEST NEWS

Snapchat Memories limits free storage to 5 GB

OpenAI Sora 2 requires opt-in for Nintendo, Pokémon content

OpenAI and Jony Ive developing new AI device, report details challenges

Microsoft warns of critical vulnerability as Windows 10 support deadline nears

OpenAI Agent Builder debuts with drag-and-drop workflows

Vivo X300 FE receives EEC certification

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.