Zenoti reaches unicorn status following $160M Series D
December 16, 2020
Zenoti, a provider of cloud-based software for salons and spas in more than 50 countries, has raised $160 million at a valuation of over $1 billion. Advent International led the funding, with Tiger Global and Steadview Partners also participating. Zenoti has seen 100% year-over-year growth in 2020, spurred in part by the adoption of software that minimizes in-person interaction during the pandemic. The startup raised a $20 million round in August 2019.