About
Zeni is an AI-powered bookkeeping and finance concierge for VC-backed startups. Raised $47.5M total including $34M Series B. Saw 550% revenue growth and 375% customer growth YoY in early years. Processed $300M+ transactions first year; on track to $1B annually. Valued at $100-186M as of mid-2024. Pricing at $549-799/month. Combines AI automation with human finance experts (CPAs, controllers). Founded 2019 in Palo Alto by Snehal and Swapnil Shinde.
Key Facts
- [1]Founded: Founded in 2020 in Palo Alto, United States.
- [2]Funding: Total funding: $48M. Last round: Aug 2021. Stage: Early Stage.
- [3]Employees: Employee count: 51-200.
- [4]Website: Official website: zeni.ai.
- [5]AI Technology: Core AI/ML technologies: Predictive ML.
- [6]Region: Region: Americas (United States).
Founders
Swapnil Shinde
Co-founder & CEO
Snehal Shinde
Co-founder
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Zeni?
Zeni is an AI-powered bookkeeping and finance concierge for VC-backed startups. Raised $47.5M total including $34M Series B. Saw 550% revenue growth and 375% customer growth YoY in early years. Processed $300M+ transactions first year; on track to $1B annually. Valued at $100-186M as of mid-2024. Pricing at $549-799/month. Combines AI automation with human finance experts (CPAs, controllers). Founded 2019 in Palo Alto by Snehal and Swapnil Shinde. Zeni is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Zeni?
Zeni was founded by Swapnil Shinde (Co-founder & CEO) and Snehal Shinde (Co-founder) in 2020 in Palo Alto, United States.
How much funding has Zeni raised?
Zeni has raised $48M in total funding, placing the company at the Early Stage stage. The most recent round closed in Aug 2021. Among 79 funded Enterprise Finance companies, Zeni ranks #50 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Zeni use?
Zeni primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Zeni operate in?
Zeni operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Zeni headquartered?
Zeni is headquartered in Palo Alto, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Zeni's competitors?
Companies similar to Zeni in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Zeni offer?
Zeni builds applications-layer solutions for the financial services industry. The company's core offering: Full-service AI bookkeeping platform. The platform is powered by Predictive ML technology.