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Synopsis
Cathay Innovation led a $55m Series B round in ZenBusiness, which provides a one-stop-shop for budding entrepreneurs to start, run, and grow their own successful micro businesses, with participation from GreatPoint Ventures, Breyer Capital, and Omega Venture Partners. "ZenBusiness is revolutionizing entrepreneurship, the lifeblood of the economy and job creation, as the new ‘operating system’ for micro businesses that allows aspirers to become business owners. As a worldwide investment firm, we pride ourselves in backing innovative and impactful companies in every corner of the globe. During this critical time of economic uncertainty, the ZenBusiness platform is uniting a fragmented market for SMB solutions and will be a core enabler of a global movement by making starting, running and growing a business more accessible for everyone," Alex Lazarow, Cathay Innovation Investment Director.
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