Advent International led a $160m Series D round in Zenoti.

Advent International led a $160m Series D round in Zenoti, an enterprise cloud platform for the beauty and wellness industry. Tiger Global and Steadview Partners also participated in the round. “The wellness industry is ripe for disruption, particularly as Covid-19 has made it more important than ever to eliminate unnecessary face-to-face interactions wherever possible. We are seeing businesses embrace Zenoti’s technology to help pivot and strengthen their offering and we are impressed by the company’s growth over the last year, particularly among some of the most established brands in the industry. We are incredibly excited about Zenoti and believe the company has significant runway for growth,” Eric Wei, Advent Managing Director of Technology team in Palo Alto.