AUSTIN, Texas – ZenBusiness, the only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business, today announced the close of a $200 million Series C funding round, valuing the company at $1.7 billion. As the largest SaaS financing round out of Austin this year, ZenBusiness becomes the latest unicorn in Texas. The funding round was led by Oak HC/FT, with backing from SoftBank Vision Fund 2, and existing investors Cathay Innovation and Greycroft.
Mark Cuban joins ZenBusiness as an advocate and spokesperson to transform the company into a household name for entrepreneurs
We are a small business that is excited about helping other entrepreneurs realize their dreams of creating and growing a successful business. By making business formation easy and affordable, we hope to foster a small business community where owners can connect on a local and national level and help each other grow.
We launched ZenBusiness because we want to give back and revolutionize the process of forming a business so that more people can realize their dreams and boost the economy.
These three values serve as another important way we distinguish ourselves from competitors.
Transparency – We strive to be transparent in everything we do by operating with honesty and integrity to earn your trust and ongoing business.
Protection – We are committed to protecting you from the pitfalls of running a business by helping you stay in good standing with the government and avoid any liability issues.
Paying It Forward – We select women-owned and minority-owned businesses in the US to loan money to each year, increasing the lending amount on a yearly basis. It’s another important way we help aspiring business owners reach their dreams. We do this through Kiva.org as a part of our role as a Public Benefit Corporation.
Zeal has been the base of our brand colors since the very beginning. Our teal is toned with energy and movement rather than a pure green. We help our customers channel this energy into their businesses.
Coral is the excitement a new adventure provides. The hint to your next destination. The warm and playful marker guiding you along to your final destination. Coral should be used with holistic consideration.
It is no secret our customers are on a path to success, and Goldenrod is the reward they receive during and at the end of the journey. Success is rarely a windfall. It is cumulative and grows over time from small triumphs.