Zeni
Category: AI in Fintech
Zeni is an AI-powered finance concierge that automates bookkeeping, accounting, and CFO functions for startups. Zeni was founded in 2019. The company is led by Swapnil Shinde. Based in Palo Alto, CA. Team size: 51-200. Total funding raised: $47.5M total. Latest round: Series B ($34M, Aug 2021). Key investors include Elevation Capital, Sierra Ventures, Saama Capital.
- Founded
- 2019
- Headquarters
- Palo Alto, CA
- Team size
- 51-200
- Total funding
- $47.5M total
Value proposition
Real-time financial insights, daily bookkeeping, and access to finance experts.
Products and solutions
AI Bookkeeping, CFO Services, Tax Services, Bill Pay, AI Business Checking, AI Business Debit Card, AI Business Credit Card, AI Treasury, AI Reimbursements, Payroll, AI CFO Agent, AI Accountant Agent, AI Expense Agent, AI Billing Agent, AI Card Agent, AI Banking Agent
Unique value
Combination of AI automation and human finance experts to provide daily financial updates.
Target customer
Startups, Small Businesses
Industries served
Technology, SaaS, E-commerce
Technology advantage
Proprietary AI platform that learns and categorizes transactions faster than traditional methods.
How they differentiate
Daily updates versus monthly closes; full-service finance team replacement.
Main competitors
Pilot, Bench, QuickBooks Live
Key partnerships
Silicon Valley Bank, Brex, Ramp
Notable customers
Tia, Clubhouse, Forward
Major milestones
Series A funding in 2021, Series B funding in 2021
Growth metrics
Managing finances for hundreds of startups.
Market positioning
Premium AI-driven solution for high-growth startups.
Geographic focus
United States
Patents and IP
Unknown
About Swapnil Shinde
Swapnil Shinde is a serial entrepreneur with over 20 years of experience. He is the Co-Founder and CEO of Zeni. Previously, he co-founded Mezi (acquired by American Express) and Dhingana (acquired by Rdio). He has held leadership roles at Yahoo and Symantec.
Official website: https://zeni.ai