Founders have real-time access to financial insights via the Zeni Dashboard, including cash in and out, operating expenses, yearly taxes and financial projections. Zeni cofounders Swapnil Shinde and Snehal Shinde are repeat entrepreneurs and technologists with a proven track record unifying human expertise with artificial intelligence, selling their last company, AI-powered travel concierge Mezi, to American Express in 2018. Leveraging their technical expertise and first-hand experiences as founders, the twin brothers recruited a team of expert CPAs, accountants, tax advisors, FP&A experts and CFOs to create the only finance management solution for founders, by founders.

This allows Zeni to offer exceptional service at an affordable price point, based on a company’s total monthly expenses. Zeni has raised $13.5M in funding from leading global investors including Saama Capital, Amit Singhal, Sierra Ventures, SVB Financial Group, Liquid 2 Ventures, Firebolt Ventures, Dragon Capital, and Twin Ventures, plus additional prominent angel investors. Founders attend to their business daily, and their financial operations deserve the same attention.

1. Make sure to regularly update this document to ensure it’s an accurate reflection of the company’s current ownership.
2. The Palo Alto-based company has launched its AI-powered finance concierge for startups and announced $13.5 million in funding to-date, which includes seed and Series A funding.
3. DueDilio is a due diligence concierge connecting business buyers and private investors with quality, pre-vetted due diligence providers.
4. Examples range from having a dedicated team of experts helping set-up your business registration down to maintaining day to day administrative support, on-site assistance and local expertise and knowledge to businesses.

Be it attaining a spot in an exposition or gaining tickets to a trade centre event that will give you the much-needed exposure, the impossible is made possible with this team. Our human finance experts are supported by AI to complete ‘busy work’ on their behalf, creating efficiencies at scale. Reports highlight burn rate, runway and cash zero date; Total cash balance and credit card balance across every account; Operating expenses and top expenses; Revenues, including cost of sales; Cash in and cash out; and more. Zeni uses AI to complete these tasks, so our human finance experts can easily review for accuracy. Prior to starting Zeni, we spent 5 years building a human assisted AI-powered platform for travel which was acquired by AMEX in 2018, and today serves more than 10 million AMEX card members across the U.S. and U.K.. We understood exactly how a similar platform could be effective in the world of startup bookkeeping and accounting.

Startup Employee Equity: What Every Founder Should Know

If your early-stage startup is looking to bring on passionate, dedicated employees, equity compensation can help you build a team that is committed to making the business a success. The main benefit is the collection of all transaction finance concierge for startups and loyalty data, that gives financial institutions a better understanding of their customers. Zeni is a new age, full-service finance firm, built from the ground up using AI & ML, for startups and small businesses.

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Zeni has experienced rapid growth and adoption since onboarding its first paid customers in January 2020, today managing more than $200 million in funds every month across more than 100 startup customers. Using a seamless blend of artificial intelligence and a dedicated team of certified finance experts, Zeni’s full-service finance concierge performs daily bookkeeping and manages all other financial needs of its customers. The speed and accuracy of this approach gives startup founders real-time access to key financial insights via the Zeni Dashboard — including burn rate, operating expenses, cash/card balance, revenue by product, month-end reports, and more. Using a seamless blend of artificial intelligence and a dedicated team of certified finance experts, Zeni’s full-service finance concierge performs daily bookkeeping and manages all other financial needs of its customers. Zeni manages more than $200 million in funds every month across more than 100 startup customers.

Over the last 12 years of building companies, CEO Swapnil Shinde said they witnessed the financial problems startups were having first-hand. While operating in private beta over the past 12 months, we grew to manage more than $200 million in funds every month on behalf of more than 100 startup customers that trust Zeni’s AI-powered finance concierge with their startup bookkeeping. It was clear the process was broken and not designed to meet the needs of fast-growing startups. So we created Zeni to bring real-time insights to startup founders via intelligent bookkeeping, accounting, tax and CFO services.

Zeni Launches Out Of Stealth, Announces $13.5M in Funding

HomeDashboard currently connects its consumer base of over 120,000 homeowners with financial data and services,… The beauty of having a dedicated business concierge team supporting your business operation and growth is that no matter where your team works – in office, from home or remotely- you can have the peace of mind that your business has a home and is fully supported. Countless opportunities and mobility become unlocked for a business of any size so that work can continue as usual no matter the direction you take your corporation in whether that is an expansion, a relocation or a downsize in scale. Ash Lilani, managing partner at Saama Capital, one of Zeni’s earliest and largest investors, said he knew how big the total addressable market was — $200 billion — and how much these kinds of financial services were a giant pain point for startup companies. Come see why more than 100 startups trust Zeni’s AI-powered finance concierge with their startup bookkeeping—schedule a demo today. We are excited to officially open our (virtual) doors to bring real-time insights to more startups via Zeni’s intelligent bookkeeping, accounting, tax, and CFO services.

From consultation of the business venture to the procurement of apt locations and workspace solutions to the founding of the newfound leg of your firm, a professional concierge team can add agility and flexibility to your business growth. Zeni’s full-service finance team consists of bookkeepers, accountants, CPAs, tax advisors, FP&A experts and CFOs with 100+ years of collective experience. We’ve led seed-stage startups, growth stage companies, and public companies through every financial scenario imaginable. Your cap table should include the total number of stock options that have already been exercised and the total number of shares still available in the option pool. Make sure to regularly update this document to ensure it’s an accurate reflection of the company’s current ownership. As well as being a key financial document to share with potential investors, an up-to-date cap table will help inform strategic business decisions about the fundraising process.

Zeni has processed more than $300 million in transactions in its first year, and is on-track to process a total of $1 billion in transactions in the next 12 months. • Stock warrants are the right to buy or sell a defined amount of shares from the company at a predetermined price. Warrants can also only be exercised between the vesting and expiration dates, but they usually have longer expiration dates than stock options. Tinkoff is a digital ecosystem of financial and lifestyle products, delivered via its award-winning mobile app and web interface. Transcarent, a Silicon Valley-based health experience company, is putting people in charge of their health and care.

Startup founders then have real-time access to key financial insights via the Zeni Dashboard, including burn rate, operating expenses, cash/card balance and revenue by product. The Shinde siblings started the company after selling their last company, Mezi, a travel concierge, to American Express in 2018. Zeni’s AI-powered finance concierge platform offers bookkeeping, accounting, tax and CFO services, managing these for a flat monthly fee starting at $299 per month.