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Zone &Amp; Co Closes $76M Growth Equity Investment With Insight Partners To Disrupt The Lead-To-Revenue Software Industry

Oct 14, 2021about 4 years ago

Amount Raised

$76 Million

Boston

Description

Zone & Co, the company behind the NetSuite-native billing and revenue recognition solution ZoneBilling, today announced that it has closed a $76 million growth equity investment with New York-based global private equity and venture capital firm Insight Partners. The company empowers its customers, typically hyper-growth companies with complex monetization models, to manage financial operations, data, and technologies as they scale from startup to enterprise.

Company Information

Company

Zone & Co

Location

Boston, Massachusetts, United States

About

About Zone & Co Zone & Co's mission is to unleash the potential of finance and accounting teams to grow without limitations by using comprehensive ERP cloud software. The company was founded in 2013 by Derek Zanga (CEO) and Errol Fagone (CTO) when they saw the untapped potential of NetSuite to handle advanced financial operations at scale. ZoneBilling, their flagship Zone App, offers businesses the processing power and automation required to manage complexities in the lead-to-revenue process at any stage: subscription & contract management, usage data, rating & mediation, pricing, invoicing, collections, revenue, renewals, and more. As a native SuiteApp, the product combines the best of subscription billing, revenue management, and ERP cloud software all in one application. ZoneBilling, built for NetSuite, helps financial operations teams significantly reduce errors, decrease compliance & security risks, overcome talent gaps, and increase time-to-delivery without the costs of multiple integrations, manual processes, or endless spreadsheets. For more information on Zone & Co and all its products, visit zoneandco.com or follow us on LinkedIn: linkedin.com/company/zoneandco

Funding Insights

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