When was Zafin founded?

Zafin was founded in 2002 and raised its 1st funding round 11 years after it was founded.

Where is Zafin located?

Zafin is headquartered in Toronto, Canada. It is registered at 7th Floor, Niagara Building, Embassy Taurus TechZone, Technopark Phase III, Kulathur (Thiruvananthapuram), Thiruvananthapuram, Thiruvananthapuram, Kerala, India, 695583.

How many employees does Zafin have?

As of Aug 31, 2026, the latest employee count at Zafin is 900.

Is Zafin a funded company?

Zafin is a funded company, having raised a total of $32.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Dec 12, 2013.

When was the latest funding round of Zafin?

Zafin's latest funding was a $***** Series B round on Jan 23, 2019, with participation from 3 investors.

Where does Zafin rank among its competitors?

Zafin ranks 35th amongst 3704 active competitors, of which 260 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Attio, which secured $52M in Aug, 2025.

Who are the top competitors of Zafin?

Zafin's top competitors include Salesforce, HubSpot and Freshworks. Among them, Attio secured the most recent funding round in August, 2025.

Zafin - 2026 Company Profile, Team, Funding & Competitors

Zafin is an acquired company based in Toronto (Canada), founded in 2002 by Al Karim Somji. It operates as a Banking software solutions to the financial services industry. Zafin has raised $32.2M in funding from investors like Accenture, Beedie Capital Partners and Kayne Anderson. The company has 3704 active competitors, including 260 funded and 148 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.

Company Details

Banking software solutions to the financial services industry. It covers relationship banking for retail, corporate, wealth management and correspondent banking. The software suite, miRevenue, is a complete product and pricing lifecycle management.

Website: zafin.com
Social
Registered Address: 7th Floor, Niagara Building, Embassy Taurus TechZone, Technopark Phase III, Kulathur (Thiruvananthapuram), Thiruvananthapuram, Thiruvananthapuram, Kerala, India, 695583

Key Metrics

Founded Year

2002

Location

Toronto, Canada

Stage

Acquired

Total Funding

$32.2M in 3 rounds

Latest Funding Round

Series B, Jan 23, 2019, $*****

Investors

Accenture & 4 more

Ranked

35^th among 3704 active competitors

Employee Count

900 as on Aug 31, 2026

Similar Companies

Glia & 728 more

Exit Details

Acquired by Nordic Capital (Feb 12, 2024)

View Zafin's full profile

Zafin is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZAFIN SOFTWARE CENTRE OF EXCELLENCE PRIVATE LIMITED CIN: U72200KL2003PTC016609 , India, Active	Nov 11, 2003	₹100 - ₹500 Cr (As on Mar 31, 2025)	-

Zafin got acquired by Nordic Capital on Feb 12, 2024.

Click here to take a look at Zafin's acquisition in detail

Zafin has raised a total funding of $32.2M over 3 rounds. Its first funding round was on Dec 12, 2013. Its latest funding round was a Series B round on Jan 23, 2019 for $*****. 3 investors participated in its latest round. Zafin has 5 institutional investors.

Here is the list of recent funding rounds of Zafin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2019	8822869	Series B	3045655	5812596	6523158	3057686
Nov 06, 2014	8219928	Series B	8838618	4877123	6271455	9731415
Dec 12, 2013	7562164	Conventional Debt	2545426	7080131	3103113	Beedie Capital Partners

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View details of Zafin's funding rounds and investors

The founders of Zafin is Al Karim Somji.

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

Al Karim Somji: Founder and CEO of Zafin.

View details of Zafin's Founder profiles and Board Members

Zafin's employee count trend

Zafin has 900 employees as of Aug 26. Here is Zafin's employee count trend over the years:

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Top competitors of Zafin include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of Zafin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Salesforce 1999, San Francisco (United States), Public	Provider of a platform delivering customer relationship management and cloud solutions	$52M	Emergence Capital, Hambrecht Capital & 37 others	87/100
2nd	HubSpot 2005, Cambridge (United States), Public	Provider of a platform offering marketing, sales, and customer service software	$101M	Cross Creek, Salesforce Ventures & 23 others	87/100
3rd	Freshworks 2010, Chennai (India), Public	Provider of IT service management and customer support solutions	$400M	Accel, Tiger Global Management & 10 others	84/100
4th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
5th	Outreach 2014, Seattle (United States), Series G	Provider of an AI revenue workflow platform for sales teams	$489M	Salesforce Ventures, Lone Pine Capital & 38 others	74/100
6th	Clari 2013, Sunnyvale (United States), Series F	Developer of a predictive revenue platform for managing sales pipelines	$510M	Silver Lake, Sapphire Ventures & 18 others	73/100
7th	SugarCRM 2004, Cupertino (United States), Acquired	AI-based open-source CRM software	$152M	New Enterprise Associates, Goldman Sachs ... & 13 others	72/100
8th	Gong 2016, Israel, Series E	Platform offering revenue intelligence solutions	$584M	Norwest, Franklin Templeton Investments & 19 others	71/100
9th	Attio 2017, London (United Kingdom), Series B	Cloud based platform offering CRM software to enterprises	$141M	Redpoint Ventures, Balderton Capital & 44 others	71/100
10th	LeadSquared 2011, Bengaluru (India), Series C	Developer of a platform providing sales, marketing, field, and service solutions	$204M	JI Company, A K Holdings LLC & 103 others	69/100
35th	Zafin 2002, Toronto (Canada), Acquired	Banking software solutions to the financial services industry	$32.2M	MaRS Discovery District, Vistara Growth & 3 others	59/100