Overview
Zeni is an AI finance platform founded in 2019 in Palo Alto by Swapnil Shinde (CEO) and Snehal Shinde, identical twins and serial entrepreneurs who previously sold Mezi to American Express for ~$150M. The company has raised $47.5M including a $34M Series B in August 2021.
Highlights
- Founder story: Identical twin entrepreneurs with successful Mezi exit to American Express
- AI Finance Concierge: Combining AI automation with human financial experts
- “AI Accountant Agent”: Handles journal entries, reconciliations, receipt matching
- Virtual daily book close: Near real-time financial visibility
- SaaS pricing model: Incentivizes automation over billable hours
- Target market: Startups (seed to growth stage), especially tech/SaaS companies
- Scale: Manages $500M+ monthly across 100+ customers
- Use cases: Startup bookkeeping, financial operations, founder finance support
Founded
2019 in Palo Alto, California. Founded by Swapnil Shinde and Snehal Shinde (identical twins; previously sold Mezi to American Express for ~$150M).
Headquarters
420 Florence St, Palo Alto, California.
Ownership and funding
Independent. Raised $47.5M (Series B: $34M, August 2021).
Core technology
AI Finance Concierge combining AI automation with human financial experts. AI Accountant Agent for journal entries, reconciliations, and receipt matching. Virtual daily book close.
Market position
Startups (seed to growth stage), especially tech/SaaS; manages $500M+ monthly across 100+ customers.
Product philosophy
“Finance operations by founders, for founders”, SaaS pricing model incentivizes automation.