Fundraising Fox

Zenoti

Unicorn · $1B

Bellevue, US · Founded 2010 · 1,160 employees on LinkedIn · 9 known investors

Zenoti provides cloud-based software for managing operations at salons, spas, medspas, and fitness businesses in the beauty and wellness industry. The platform supports over 30,000 businesses worldwide with tools for scheduling, implementation, customer success, and operations.

Also known as ManageMySpa

Founders & leadership

Zenoti was founded in 2010 by Sudheer Koneru, Dheeraj Koneru, and Anand Arvind.

SKSudheer Koneru
Sudheer KoneruinFounder & CEOFounder and CEO of Zenoti, which provides cloud-based operations software for salons, spas, medspas, and fitness businesses in the beauty and wellness industry.
DKDheeraj Koneru
Dheeraj KoneruinCo-founder
AAAnand Arvind
Anand ArvindinCo-founder & Chief Product OfficerCo-founder and Chief Product Officer of Zenoti, which builds cloud-based software for beauty and wellness businesses such as salons, spas, medspas, and fitness studios. He currently focuses on applying AI within the Zenoti product and across the company.
NSNeal Singh
Neal SinghinChief Operating Officer
ATAmita Tomkoria
Amita TomkoriainHead of Global Finance
SKSunil Koneru
Sunil KoneruinHead of Professional Services & Customer Experience
MBMatt Baer
Matt BaerinHead of Global Sales & Strategic Partnerships
ADAnna Duke
Anna DukeinHead of ANZ Operations
SKSachin Kamat
Sachin KamatinHead of India, Middle East & South Asia

Investors · 9

Also in the syndicate · 3

Steadview PartnersSunley House CapitalTiger Global

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series DDec 2020
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Zenoti provides an all-in-one, cloud-based management platform for the beauty, wellness and fitness industry, covering salons, spas, medspas, barbershops and fitness centers. The core product spans online and social booking, point of sale and kiosk checkout, memberships, packages and gift cards, loyalty and referral programs, CRM, employee scheduling, payroll, tipping and commissions, inventory management, marketing automation, reporting and analytics, and multi-location administration. Medspa-specific capabilities include SOAP notes and treatment records, consent forms, before-and-after photo management and EHR integration.

The company layers a set of AI agents, marketed as an "AI Workforce" running on "Zenoti OS," on top of the operational system. Advertised agents include an AI Receptionist for 24/7 call answering and booking, an AI Concierge for reminders, upsells and rebooking, an AI Lead Manager, an AI Marketer for campaigns and reputation management, an AI Scribe for clinical documentation, an AI Dispute Manager for chargebacks, an AI Business Advisor for KPI monitoring, and predictive agents for retention, staff scheduling and inventory forecasting. Additional AI features referenced on the platform page include the Zeenie assistant and the Hyperconnect engagement hub.

The platform is positioned for both single-location operators and large multi-location chains; earlier company materials described it as engineered for reliability and scale using enterprise-level technology, with 99.9% cloud uptime and data migration services. In 2019 the company stated that 60 percent of its employee base worked in R&D.

Founding story

In 2010, brothers Sudheer and Dheeraj Koneru were operating Latitudes Health Club and Tangerine Spas, a chain of salons, spas and fitness centers in Hyderabad, India. Frustrated by existing software that could not support their growing multi-location business, they drew on their enterprise software backgrounds to build a cloud-based platform for operations, appointments, billing, inventory and customer relationships. The product launched as ManageMySpa and was later renamed Zenoti.

Business model

Zenoti sells software to beauty, wellness and fitness businesses, marketed through demo requests, and bundles integrated payments, marketing and payroll functions into the platform. Public materials describe an all-in-one subscription-style platform rather than itemized pricing.

Traction

Company materials cite more than 30,000 salon, spa, medspa and fitness businesses in over 50 countries. Reported customer counts grew from roughly 5,000 outlets in 2016 to thousands of customers in 44 countries in 2019 and more than 12,000 businesses in over 50 countries in December 2020. The company reported over 100% growth in the year preceding May 2019, a target of 130% growth in 2019, and 100% year-over-year growth in 2020.

Latest developments

The company's current positioning centers on a suite of AI agents — AI Receptionist, Concierge, Lead Manager, Marketer, Scribe, Dispute Manager and Business Advisor, plus predictive retention, employee scheduling and inventory agents — delivered on "Zenoti OS." Its about page cites recognition for revenue growth in Deloitte's Fast 500 in 2024.

Full profile — market position, technology, go-to-market, geography, history

Market position

Zenoti describes itself as the leading enterprise cloud platform for the beauty and wellness industry and the software of choice for salon and spa chains, citing 30,000+ businesses across 50+ countries. Investor commentary at the 2016 Series B framed its differentiation as serving mid-to-large wellness chains whose distributed operations were not addressed by other market players.

Positioned as a single system covering every workflow from booking to payroll for multi-location beauty and wellness chains, combined with AI agents that use cross-customer benchmark data, rather than a set of point tools. Earlier materials emphasized integrated custom reporting, business intelligence, marketing automation and inventory management in one platform with enterprise-grade scale.

Technology

A cloud-based, multi-location SaaS platform with mobile apps (Zenoti Mobile for operations, MyZen for providers), integrated payments and payroll, and AI/machine-learning agents trained on benchmark data from the company's 30,000+ business customers. AI applications include call handling and booking, lead scoring, marketing automation, churn prediction, demand-based staff scheduling, inventory forecasting, dynamic pricing, chargeback evidence generation and HIPAA-oriented clinical documentation.

Go-to-market

Direct enterprise and SMB sales driven by demo bookings and a sales/support organization, supported by content marketing (blog, The Check-In hub, Growth Diaries podcast) and the company's annual Innergize customer conference. Growth has historically come from migrating established multi-location beauty and wellness brands from legacy systems.

Salons, spas, medspas, barbershops, and fitness and yoga businesses, ranging from single-location operators to large multi-location and enterprise chains, plus hotel and resort spa operations. Named customers over time include European Wax Center, Hand & Stone, Massage Heights, Rush Hair & Beauty, Sono Bello, Hair Cuttery, Profile by Sanford, Toni&Guy, Waxing the City, Mario Tricoci, Rudy's Barbershop, Lakme Salons, Kaya Skin Clinics, Gene Juarez, Elemis, MGM Resorts and Taj Hotels.

Geography

Headquartered in Bellevue, Washington, USA, with offices in Brisbane (Australia), Dubai (UAE), Hyderabad (India), Jakarta (Indonesia), Kuala Lumpur (Malaysia), Manchester/Sale (UK), Manila (Philippines) and Paris (France). Customers are served in more than 50 countries.

History

Founded in 2010 as ManageMySpa in Hyderabad, India, the company raised $6 million in Series A funding from Accel, followed by a $15 million Series B led by Norwest Venture Partners with Accel participating, announced in 2016, when the platform served about 5,000 spa and wellness outlets. A $50 million Series C led by Tiger Global Management, with Norwest and Accel participating, was announced in May 2019, bringing total funding to $71 million and covering thousands of customers across 44 countries. In December 2020 the company announced a $160 million Series D led by Advent International (via Advent Tech and Sunley House Capital) with Tiger Global and Steadview Partners, at a valuation above $1 billion and total funding of roughly $250 million; at that point it powered more than 12,000 businesses in over 50 countries. The company's about page cites a $1B+ valuation as of 2021 and recognition on Deloitte's Technology Fast 500 in 2024.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Businesses on platformJan 202530,000 businesses
Countries servedJan 202550
Global office locationsAug 20167 offices
Share of employees in R&DMay 201960%
Spa/wellness outlets using platformAug 20165,000 outlets
Total funding raisedDec 2020$250M
ValuationJan 2021$1B+
Year-over-year growthJan 2020100%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Fresha’s Website15181 shared keywordsFresha is a booking platform and business management software for salons, barbershops, medspas, and wellness studios, letting consumers discover and book beauty and self-care appointments while providing businesses with online booking, payments, reminders, and consultation forms. It operates as a marketplace connecting clients with self-care providers across 120+ countries.
Booksy11543 shared keywordsBooksy is a free mobile app for discovering and booking appointments with beauty and wellness service providers such as barbers, hairdressers, massage therapists, and manicurists. The platform eliminates the need for phone calls by enabling instant online booking and appointment management available 24/7.
GlossGenius10877 shared keywordsGlossGenius provides employee management software designed for beauty, wellness, and health businesses. The platform handles staff scheduling, payroll, commission tracking, and performance analytics through a single integrated system.
Atly5847 shared keywordsAtly is a location discovery app that helps people find restaurants, bars, and places to visit through personalized recommendations and user-generated tips. The consumer platform has been described as combining social community content with map-based navigation.
BirdEye5108 shared keywordsBirdeye offers an AI-powered platform with multi-agent "AI Coworkers" that handle marketing, operations, and customer experience tasks such as search optimization, review generation, listings management, social posting, and front-desk coordination. It serves multi-location businesses, providing a unified view of customers, locations, and interactions.
Styleseat4364 shared keywordsStyleSeat operates a US online marketplace for independent beauty and grooming professionals. Consumers use it to search for stylists and book appointments, while the professionals get scheduling and business management tools for handling clients and bookings.
Groupon, Inc.3900 shared keywordsGroupon operates a marketplace connecting consumers with discounted deals from local and national merchants across restaurants, beauty services, travel, entertainment, and retail products.
ClassPass3555 shared keywordsClassPass, based in New York City, runs a subscription service that gives members access to fitness classes and wellness appointments across many independent studios and gyms. The platform connects consumers with providers while helping those providers fill unused capacity.
Nextdoor (NYSE: 2021)2841 shared keywordsNeighborhood social network; IPO 2021
MindBody1980 shared keywordsMindbody provides software and a consumer app platform for fitness, beauty, and wellness businesses to manage operations, attract clients, and book classes and appointments. The platform connects thousands of wellness businesses globally with consumers.

Companies competing with Zenoti for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2024
Recognized on Deloitte Technology Fast 500 for revenue growth

Company about page cites revenue growth recognition by Deloitte's Fast 500 in 2024.

source ↗

Dec 2020
Zenoti raises $160M Series D led by Advent International at over $1B valuation

Zenoti closed a $160 million Series D led by Advent International through Advent Tech and Sunley House Capital, with Tiger Global and Steadview Partners participating, at a valuation above $1 billion; funds earmarked for operations, R&D including AI, and M&A.

$160M source ↗

May 2019
Zenoti raises $50M Series C led by Tiger Global Management

Series C of $50 million led by Tiger Global Management with participation from Norwest Venture Partners and Accel, bringing total funding to $71 million.

$50M source ↗

Aug 2016
Zenoti raises $15M Series B led by Norwest Venture Partners

Series B of $15 million led by Norwest Venture Partners with participation from returning investor Accel, to expand market share, fund product innovation and hiring, and expand into fitness and yoga.

$15M source ↗

Jan 2010
Company launched as ManageMySpa in Hyderabad, India

Zenoti began as ManageMySpa, a cloud-based platform built by Sudheer and Dheeraj Koneru to address operational challenges at their spa, salon and fitness chain.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Zenoti do?
Zenoti sells an AI-enabled cloud platform that runs bookings, payments, staffing and marketing for salons, spas, medspas and gyms.
Who founded Zenoti?
Zenoti was founded by Sudheer Koneru, Dheeraj Koneru, Anand Arvind in 2010.
Who are Zenoti's investors?
Zenoti's investors include Accel, Avataar Venture Partners, Advent International, Norwest Venture Partners, Tiger Global Management, TPG.
Where is Zenoti headquartered?
Zenoti is headquartered in Bellevue, US.