Thursday, December 26

Tag: Steadview Capital

Zenoti raises $20 million from Steadview Capital
27Aug By AnkitaNo Comments
FUNDING

Zenoti raises $20 million from Steadview Capital

Zenoti Software, the leading cloud-based platform for the spa, salon and med spa industry secured $20 million in funding from Steadview Capital. On the heels of its recent $50 million Series C round, Zenoti intends this additional funding to expand the company's presence in the U.K. and bolster its global marketing efforts. The company has previously raised capital from Tiger Global, Accel, and Avataar investment firms. Additionally, the company announced that it has hired Guy Weismantel, a SaaS platform and technology industry veteran, to serve as Senior Vice President of Marketing.  "Zenoti is realizing our vision of service entrepreneurs, addressing the most common pain points for business owners in the fast growing beauty and wellness industry with a cloud-based platform tha...
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1Dec By Gauri SinghNo Comments
FUNDING

On-demand Home Services Firm UrbanClap Raises $50 Million

India’s on demand home services marketplace UrbanClap has secured funds amounting to $50 million in a fresh funding round. This round was led by Hong Kong-based hedge fund Steadview Capital along with existing investor Vy Capital. With this round, the valuation of the company will more than double to $480 million. UrbanClap which also counts Accel, SAIF Partners, Bessemer Venture Partners and Ratan Tata amongst its investors, was last valued at $200 million when it raised capital in 2017. The funds so raised will be used by the company to accelerate the onboarding of both customer and service partners, build stronger teams across product and technology, build training capabilities as also enhance its supply chain of consumables. “The core of our business which is beauty, cleaning an...
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