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Zimit
Boca Raton, US · Founded 2015 · Florida corporation · 1 known investors
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Zimit is a configure, price, and quote (CPQ) software for professional services organizations, generating tailored quotes based on roles, phases, rates, and non-labor items like travel. It was acquired by Workday in 2021 and replatformed as Workday Services CPQ to support the opportunity-to-cash process.
Founders & leadership
AS
Ali SafadiNamed on SEC filing
JC
Jamie CramerNamed on SEC filing
Investors · 1
Workday VenturesreportedSan Francisco
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$3.2M disclosed across 4 rounds · 2018–2019
▶$351.7KraisedJun 2021 · 3 investors · Other TechnologyRule 506(b)
▶$351.7KraisedJun 2021 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JAMES CRAMERExecutive Officer, Director, Promoter
- ALI SAFADIExecutive Officer, Director, Promoter
- Offering amount
- $351.7K
- Amount sold
- $351.7K
- Minimum investment
- $100K
- First sale
- Aug 2018
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b, 4a5
▶$620KraisedJun 2021 · 6 investors · Other TechnologyRule 506(b)
▶$620KraisedJun 2021 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- ALI SAFADIExecutive Officer, Director, Promoter
- JAMES CRAMERExecutive Officer, Director, Promoter
- Offering amount
- $620K
- Amount sold
- $620K
- Minimum investment
- $70K
- First sale
- May 2019
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b, 4a5
▶$250KraisedJun 2021 · 1 investors · Other TechnologyRule 506(b)
▶$250KraisedJun 2021 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JAMES CRAMERExecutive Officer, Director, Promoter
- ALI SAFADIExecutive Officer, Director, Promoter
- Offering amount
- $250K
- Amount sold
- $250K
- Minimum investment
- $125K
- First sale
- Mar 2019
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b, 4a5
▶$2MraisedAug 2019 · 1 investors · Other TechnologyRule 506(b)
▶$2MraisedAug 2019 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ali SafadiExecutive Officer, Director
- Jamie CramerExecutive Officer, Director
- Offering amount
- $2M
- Amount sold
- $2M
- Minimum investment
- $2M
- First sale
- Jul 2019
- Incorporated
- Corporation, Florida, 2015
- Federal exemptions
- 06b, 4a5
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Zimit do?
- Zimit is a configure, price, and quote (CPQ) software for professional services organizations, generating tailored quotes based on roles, phases, rates, and non-labor items like travel. It was acquired by Workday in 2021 and replatformed as Workday Services CPQ to support the opportunity-to-cash process.
- Who are Zimit's investors?
- Zimit's investors include Workday Ventures.
- How much funding has Zimit raised?
- Zimit has disclosed $3.2M raised across 4 rounds.
- Where is Zimit headquartered?
- Zimit is headquartered in Boca Raton, US.