Spectrum Equity led a $163m funding round in Zenwork.

Spectrum Equity, a growth equity firm, led a $163m funding round in Zenwork, a provider of digital tax compliance and regulatory reporting software. "We are thrilled to partner with Spectrum Equity, whose experience scaling RegTech software and data businesses will help us navigate this next growth chapter. Zenwork will be investing heavily in our Tax1099 and Compliancely platforms as we look to be the digital tax compliance partner of choice to all businesses," Sanjeev Singh, Zenwork Co-Founder and CEO.