Year of the COVID-Preneur: ZenBusiness Helps 100k Businesses Form During Pandemic
Year of the COVID-Preneur: ZenBusiness Helps 100k Businesses Form During Pandemic
All in one place, ZenBusiness helps entrepreneurs form an LLC, as well as provides access to tools for banking and insurance, invoicing and payments, accounting and taxes, and website development. Whereas in the past, aspiring business owners would need to hire a lawyer, accountant, web developer, and more, customers can get all the assistance they need in one place with ZenBusiness.
Giving Back as a Public Benefit Corporation During the Pandemic
Since the onset of the pandemic, ZenBusiness has doubled down on efforts to help their customers and community as a Public Benefit Corporation. Early on as COVID-19 took hold, ZenBusiness established a grant program, which provided customers a financial lifeline in order to help their businesses stay afloat. More than $100,000 was given to customers as result of the initiative, with many using the funds to reinvest and/or pivot their offerings.
Rapid Company Growth
Since the onset of the pandemic, ZenBusiness has experienced a huge spike in customers, seeing more than 300 percent growth in the past year alone. With the addition of more than 100,000 new customers and a successful Series B financing round of $55 million in November 2020, ZenBusiness has implemented a growth plan to meet the demand for their services. Since March 2020, the company has continued to grow and expand the platform, enhance design, and plan new innovative offerings to continue to provide best-in-class customer support. In addition, ZenBusiness is in the process of building out its next phase of offerings including ZenBusiness Money and ZenBusiness U to provide financial services as well as business-focused education for customers on a wide range of topics. Both are expected to roll out later this year.
About ZenBusiness
ZenBusiness, a Public Benefit Corporation, is a one-stop digital platform with the mission to make starting, running and growing a new business simple and accessible. Empowering the new generation of entrepreneurs, ZenBusiness provides innovative technology and world-class educational resources to support millions of micro businesses on their journey to success -- all at an affordable and clear price. By giving small businesses what they need -- worry-free services, frontline support and an all-inclusive platform -- ZenBusiness makes taking the leap towards building a better life as simple as possible, allowing business owners to achieve a state of Zen. Founded in 2017, ZenBusiness is based in Austin, Texas. Visit www.ZenBusiness.com and follow @zenbusinessPBC for more information.