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New Deal


Announced

Completed

Sumeru Equity Partners led a $170m funding round in Zappi.

Financials

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Transaction Value£138m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Minority

Venture Capital

Private

Acquisition

Single Bidder

United Kingdom

consumer insights

Digital Services

Private Equity

brand platform

Friendly

Completed

Synopsis

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Sumeru Equity Partners, a technology-focused growth capital firm, led a $170m funding round in Zappi, a consumer insights platform designed for creators. "Zappi has a bold vision for the future: we want to digitize consumer insights for every enterprise. Today, only 3% of the market research industry is digitized. The other 97% is controlled by service-based incumbents that are slow, expensive, analog, and don’t fit the needs of creators. We’re driving innovation in the century-old industry with a platform that acts as a single source of truth for the modern enterprise, where creators have the right insights at their fingertips to inform every decision. Sumeru’s experience in high-growth, innovative SaaS businesses and commitment to people and growth culture made them the perfect partner to help us achieve this ambitious vision," Steve Phillips, Zappi CEO.

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