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Zeni

420 Florence St, Suite 300, Palo Alto, CA, 94301, United States

Overview

Zeni offers an AI-powered finance concierge platform that delivers bookkeeping, accounting, tax, and CFO services with real-time insights via the Zeni Dashboard. Customers can view cash in/out, operating expenses, taxes, projections, search transactions, and download customized financial slices. The service is sold for a flat monthly fee starting at $299 per month. Zeni reports it now manages more than $500 million in funds monthly (up from $200M at its prior round) and has seen 550% year-over-year revenue growth while growing its customer base 375%. Its customers range from pre-revenue startups to businesses generating more than $100 million in annual revenue. The company plans to scale its bookkeeping and accounting functions and accelerate hiring—especially in engineering, sales, and finance—with an expectation to double or triple the finance team over the next year. Zeni offers an AI-powered finance concierge that combines automated intelligence with a team of certified finance experts to handle startups’ bookkeeping, accounting, taxes, and CFO functions for a flat monthly fee. The company provides daily bookkeeping, bill pay and invoicing, expense management, payroll administration, financial projections and FP&A support, monthly financial statements, and real-time reporting via the Zeni Dashboard. Zeni launched nationwide in the U.S. and emphasizes real-time visibility for founders, including metrics such as burn rate, operating expenses, cash/card balance, and revenue by product. Since onboarding its first paid customers in January 2020, Zeni manages more than $200 million in funds every month across more than 100 startup customers. The company processed over $300 million in transactions in its first year and is on track to process $1 billion in transactions in the next 12 months. Zeni was founded by twin brothers Swapnil and Snehal Shinde, who previously sold their prior startup Mezi to American Express in 2018.

Total raised
$48M
Funding rounds
2
Latest round
Series B
Latest activity
Aug 2021

Industries

  • Accounting
  • Artificial Intelligence (AI)
  • Banking
  • Bookkeeping and Payroll
  • Credit Cards
  • Finance
  • Financial Services
  • FinTech
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Recent funding

  1. Series B

    Aug 2021

    $34M

  2. Series A

    Mar 2021

    $14M

Team

  • Swapnil Shinde

    CEO and Co-Founder

    LinkedIn
  • Snehal Shinde

    Chief Product Officer and Co-Founder

    LinkedIn
  • Sandeep Mane

    Head of Data Science

  • Rahul Mayekar

    Head of Design

    LinkedIn