Zenoti hits $1B valuation, raises $160M to build enterprise software for salons, spas, yoga studios

Zenoti CEO Sudheer Koneru. (Zenoti Photo)

The Seattle startup ecosystem has a new unicorn.

Zenoti just reeled in a $160 million Series D round to help supercharge its enterprise software product used by more than 12,000 spas, salons, and other wellness businesses across the globe.

The Bellevue, Wash-based company joins an elite group of Seattle-area startups valued at more than $1 billion, including five — Convoy, Auth0, Outreach, Qumulo, Remitly — that reached “unicorn” status over the past two years.

Zenoti has flown somewhat under-the-radar since two brothers came up with the idea for the business back

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