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Zenbusiness Raises $200M In Series C Funding From Oak Hc/Ft And Softbank Vision Fund 2 To Empower Entrepreneurs To Create Successful Businesses

Nov 09, 2021•over 3 years ago

Amount Raised

$200 Million

Round Type

series c

Austin

Description

ZenBusiness, the only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business, today announced the close of a $200 million Series C funding round, valuing the company at $1.7 billion. As the largest SaaS financing round out of Austin this year, ZenBusiness becomes the latest unicorn in Texas. The funding round was led by Oak HC/FT, with backing from SoftBank Vision Fund 2, and existing investors Cathay Innovation and Greycroft.

Company Information

Company

Zen Business

Location

Austin, Texas, United States

About

ZenBusiness, a Public Benefit Corporation, is the only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business. Empowering the new generation of entrepreneurs, ZenBusiness provides innovative tools, fintech, and world-class educational resources to support millions of small businesses on their journey to success -- all at an affordable and clear price. By giving entrepreneurs what they need -- worry-free services, frontline support, and an all-inclusive platform -- ZenBusiness makes taking the leap towards building a better life as easy 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 @zenbusinessinc 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