Zenoti is backed by prominent investors including TPG, Advent International, AustralianSuper, Blue Star Innovation Partners, and Sunley House Capital Management. The company plans to expand its platform through mergers and acquisitions, enhancing its cloud-based solutions for beauty, wellness, and fitness businesses. The company is expanding AI capabilities into medspa and fitness operations, with early adopters reporting a 34% drop in cancellations and stronger collection performance.
Cyborg Score Rationale
Zenoti has achieved unicorn status with $1.5B valuation, secured $331M+ in funding from tier-1 investors, serves 30,000+ customers across 50 countries, and is rapidly scaling AI-powered features. However, it remains private with limited recent funding activity (latest round June 2021), and operates in a competitive market with 641+ competitors.
Top Insights
Named a recipient of the Deloitte Technology Fast 500 award for the seventh consecutive year as of December 2025, demonstrating sustained rapid growth
Launched new AI agents in April 2026 that expand medspa workforce capabilities and unify fitness operations across the entire business
Ranks 1st in terms of total funding among 641 active competitors, indicating strong investor conviction
Reports revenue of $174.3M, demonstrating substantial commercial scale and market traction
Named Competitors
Booker — Salon and spa management software
Booksy — Appointment booking platform for beauty and wellness
Squire — Business management system for barbershops and salons
WellnessLiving — Management software for fitness, yoga, and spa services
Vagaro — Platform for beauty, fitness, and wellness industries
Recent Developments
(April 2026) Launched new AI agents for medspa workforce management with expanded capabilities across campaigns, consultations, and operations
(February 2026) Announced expanded AI-powered growth platform for beauty and wellness industries
(December 2025) Recognized as Deloitte Technology Fast 500 award recipient for seventh consecutive year
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