When was EZO founded?

EZO was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is EZO located?

EZO is headquartered in Thane, India. It is registered at 307, 308, BUILDING NO. 3, SECTOR-3, MILLENNIUM BUSINESS PARK (MBP), , MAHAPE, Thane, NAVI MUMBAI, Maharashtra, India, 400710.

Which legal entities is EZO associated with?

EZO is associated with RSE LEGALDOCS PRIVATE LIMITED and 1 other.

How many employees does EZO have?

As of Oct 31, 2024, the latest employee count at EZO is 148.

Is EZO a funded company?

EZO is a funded company, having raised a total of $681K across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 03, 2023.

How much is EZO worth?

The latest valuation of EZO is ₹***** as of Jul 07, 2023.

When was the latest funding round of EZO?

EZO's latest funding was a $***** Seed round on Jul 07, 2023, with participation from 3 investors.

What is the annual revenue of EZO?

Annual revenue of EZO is less than ₹10 Cr as on Mar 31, 2025

Where does EZO rank among its competitors?

EZO ranks 1st amongst 8 active competitors, only 1 of which is funded. EZO, which secured $569K in Jul, 2023.

Who are the top competitors of EZO?

EZO's top competitors include Bridge Capital, Checkissuing and ZoomChecks. Among them, EZO secured the most recent funding round in July, 2023.

EZO - 2026 Company Profile, Team, Funding, Competitors & Financials

EZO is a seed company based in Thane (India), founded in 2022 by Akash Shah and Rishikesh Subhash Sakarkar. It operates as an Online platform for bill and customer expense management. EZO has raised $681K in funding, with a current valuation of ₹*****. The company has 8 active competitors, including 1 that is funded. Its top competitors include companies like Bridge Capital, Checkissuing and ZoomChecks.

Company Details

Website: www.ezobanks.com
Registered Address: 307, 308, BUILDING NO. 3, SECTOR-3, MILLENNIUM BUSINESS PARK (MBP), , MAHAPE, Thane, NAVI MUMBAI, Maharashtra, India, 400710

Key Metrics

Founded Year

2022

Location

Thane, India

Stage

Seed

Total Funding

$681K in 2 rounds

Latest Funding Round

Seed, Jul 07, 2023, $*****

Post Money Valuation

₹***** as on Jul 07, 2023

Investors

Sachin Dixit & 19 more

Ranked

1^st among 8 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

148 as on Oct 31, 2024

Similar Companies

Bridge Capital & 6 more

View EZO's full profile

EZO is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EZO TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2022PTC385753 , India, Active	Jun 29, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	89 (As on Aug 31, 2025)
RSE LEGALDOCS PRIVATE LIMITED CIN: U74999MH2018PTC308562 , India, Active	Apr 25, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	95 (As on May 31, 2025)

EZO has raised a total funding of $681K over 2 rounds. Its first funding round was on Jan 03, 2023. Its latest funding round was a Seed round on Jul 07, 2023 for $*****. 3 investors participated in its latest round. EZO has 2 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of EZO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 07, 2023	4953857	Seed	2677524	6786724	9908175	9875872
Jan 03, 2023	3311132	Angel	3098817	6127639	Priya Jawale & 3 more	Ashwin Kishor Pawade & 12 more

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View details of EZO's funding rounds and investors

The founders of EZO are Akash Shah and Rishikesh Subhash Sakarkar. Gauravkumar Kate is the CEO of EZO.

Here are the details of EZO's key team members:

Akash Shah: Co-Founder of EZO. They are also an angel investor in 3 startups.
Rishikesh Subhash Sakarkar: Co-Founder & COO of EZO.
Contact Info: 1 email address
Gauravkumar Kate: Co-Founder of EZO. They serve on the board of 1 company.

EZO's Board of Directors

EZO's board has 2 active members. Shrishail Ravindra Thote and Shubham Shamakant Augad are independent board members.

Here is the list of EZO's board of directors:

Name	Type	Representing	Status	Duration
Shrishail Ravindra Thote	Independent board member	-	Current	8y 2m
wsupiaq	Independent board member	-	Current	4y 4m

View details of EZO's Founder profiles and Board Members

EZO's employee count trend

EZO has 148 employees as of Oct 24. The total employee count is 24.0% more than what it was in Oct 23. Here is EZO's employee count trend over the years:

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Top competitors of EZO include Bridge Capital, Checkissuing and ZoomChecks. Here is the list of Top 10 competitors of EZO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	EZO 2022, Thane (India), Seed	Online platform for bill and customer expense management	$681K	ITUS Capital, Arali Ventures & 18 others	46/100
2nd	Bridge Capital 2006, Hauppauge (United States), Unfunded	Online platform offering check management solutions	-	-	26/100
3rd	Checkissuing 2008, Tempe (United States), Unfunded	-	-	-	26/100
4th	ZoomChecks 2021, Dover (United States), Unfunded	Cloud based print management software provider	-	-	24/100
5th	Checkflo 2017, Plattsburgh (United States), Unfunded	Provider of automated check printing and mailing services	-	-	18/100
6th	Emergency Check Printing 1989, Atlanta (United States), Unfunded	Check printing solutions for businesses	-	-	16/100
7th	MultiCHAX 2005, Henderson (United States), Unfunded	Check printing software for small businesses	-	-	16/100
8th	Laser Printer Checks 1989, Monroe (United States), Unfunded	Online check printing solutions for businesses	-	-	16/100

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Looking for more details on EZO's competitors? Click here to see the top ones

Founders (largest shareholder) own 67.38%, Funds own 14.86%, Angels own 6.58% and ESOP Pool own 10.00%. The net worth of EZO's founders is INR 18.9Cr as of Jul 07, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	67.38%	18.9Cr	7757975	3190569	6701023	5989469
Rishikesh Subhash Sakarkar	9220032	2295019	8316687	6982672	3123720	3783141
Akash Shah	1	2	1	4	8	4
Fund	14.86%	4.16Cr	1296627	5184382	5373533	5782375
Arali Ventures	9209481	1632636	3222587	4686992	5041424	2507151
Angel	6.58%	1.83Cr	695921	371780	892671	273059
Abhishek Goyal	0	0	0	0	0	0
Priya Jawale	0	0	0	0	0	0
Sandeep Kate	0	0	0	0	0	0
ESOP Pool	10.00%	2.8Cr	4704714	2511785	8280249	7426232
Other Investors	1.22%	34.2L	5	2	2	3
Total	100.00%	28Cr	2304373	5146863	5355042	5752231