Funding daily

Austin’s Freshest Unicorn Zenbusiness Gets $200 Million

What is ZenBusiness and what does it do?

ZenBusiness helps individuals launch businesses, manage back office operations and comply with regulations.

Who founded ZenBusiness?

It was founded by JC Glancy, Rafael Lopez, Ross Buhrdorf, Ryan Pitylak, Shanaz Hemmati.

How much has ZenBusiness raised?

A solid $200 million funding round, in an effort to bring the all remote company to its next critical level.

Who has invested in ZenBusiness?

Oak HC/FT, a Connecticut-based fund specialised in fintech, led the round. SoftBank Vision Fund 2, as well as earlier investors Cathay Innovation and Greycroft, were all involved in this funding round as well. 

What domain name does ZenBusiness operate on?

The company can be found on its exact brand match, ZenBusiness.com yet it seems Zen.com would have been the brand’s natural EBM. It already belongs to an European dematerialised bank registered in Lithuania. Adding a descriptive word is often a solution for when the exact brand match is not available but it comes with certain limitations and often leads to upgrades (e.g. TeslaMotors.com to Tesla.com) or complete rebrand, usually at a significant cost.

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ArnaudJRPB

Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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