Zentail Raises $5M of Series A Funding

Multichannel ecommerce system Zentail has announced a $5 million Series A round of funding led by Initialized Capital.

"Our mission at Zentail is to make e-commerce simple and for our clients to realize extreme value when using Zentail's software," said Daniel Sugarman, Zentail CEO. "As we continue to move up market and service larger customers, Zentail is being recognized as a valuable tool to manage online businesses by way of the vast product information our platform provides and all of the processes it handles through automation. This Series A investment means Zentail will be able to offer an even higher level of service and value to our clients as we more aggressively pursue our ambitious product roadmap through hiring to expedite new integrations and features."

In 2018, Zentail gained substantial momentum in the industry, approaching $1 billion in GMV. In Q3 of 2018, the company also integrated with new marketplaces, rounding out its marketplace and webstore integrations to include Amazon, eBay, Google, Facebook, Walmart, Wish, Jet, Shopify, BigCommerce and Magento. Leading into this funding round, Zentail doubled its team and office space and solidified its senior ranks with the addition of Paul Capriolo as Director of Growth and Pauline Shiu as Director of Marketing.

Zentail is headquartered out of Columbia, MD and celebrated its third anniversary in August. Their team currently consists of more than 25 staff across engineering, operations, sales and marketing.

Source: Zentail

Tagged: Financing
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