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ZenBusiness Secures $55M in Series B Funding to Accelerate the Micro Business Renaissance that Emerged as a Response to the Pandemic

Nov 19, 2020•almost 5 years ago

Amount Raised

$55 Million

Round Type

series b

Austin

Description

ZenBusiness, which provides a one-stop-shop for budding entrepreneurs to start, run, and grow their own successful micro businesses, today announced the close of a $55 million Series B funding round. The round, led by global venture fund Cathay Innovation, will enable ZenBusiness to invest in its customers by offering an expanded suite of world-class services and an innovative all-inclusive digital platform that makes creating, building and running a business simple.

Company Information

Company

Zen Business

Location

Austin, Texas, United States

About

About ZenBusiness ZenBusiness, a Public Benefit Corporation, is a one-stop digital platform with the mission to make starting, running and growing a new business simple and accessible. Empowering the new generation of entrepreneurs, ZenBusiness provides innovative technology and world-class educational resources to support millions of micro businesses on their journey to success -- all at an affordable and clear price. By giving small businesses what they need -- worry-free services, frontline support and an all-inclusive platform -- ZenBusiness makes taking the leap towards building a better life as simple as possible, allowing business owners to achieve a state of zen. Founded in 2017, ZenBusiness is based in Austin, Texas. Visit www.ZenBusiness.com and follow @zenbusinessPBC for more information.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech