Zeni, a financial concierge for startups, announced that it has raised $11.5 million in Series A funding round led by Saama Capital along with the participation of Dragon Capital, Firebolt Ventures, SVB Financial Group, Liquid 2 Ventures and Sierra Ventures. Existing investor Twin Ventures also participated in the current round.
Zeni, founded in 2020 by serial entrepreneurs and twins Swapnil Shinde and Snehal Shinde, is an AI-powered finance concierge for startups, powering high velocity decision making with real-time insights and a full-service bookkeeping, accounting, tax, and CFO services.
The siblings had previously co-founded travel concierge service Mezi, which was acquired by American Express Inc. in 2018. The brothers had also co-founded Indian music streaming service Dhingana, which was acquired by Rdio in 2014.