When was ZenStatement founded?

ZenStatement was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is ZenStatement located?

ZenStatement is headquartered in Bengaluru, India. It is registered at A003, SALARPURIA SATTVA, MAGNIFICIA DOORAVANINAGAR, Doorvaninagar, Bangalore, Bangalore North, Karnataka, India, 560016.

Which legal entities is ZenStatement associated with?

ZenStatement is associated with GETSIMPLIFIN TECHNOLOGIES PRIVATE LIMITED.

How many employees does ZenStatement have?

As of Jun 30, 2026, the latest employee count at ZenStatement is 29.

Is ZenStatement a funded company?

ZenStatement is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 26, 2024.

How much is ZenStatement worth?

The latest valuation of ZenStatement is ₹***** as of Nov 05, 2024.

When was the latest funding round of ZenStatement?

ZenStatement's latest funding was a $***** Seed round on Mar 26, 2024, with participation from 52 investors. Its primary sector is Finance & Accounting Tech. In India, the Finance & Accounting Tech sector has seen $25.9M in funding in 2026 to date.

What is the annual revenue of ZenStatement?

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

Where does ZenStatement rank among its competitors?

ZenStatement ranks 156th amongst 3381 active competitors, of which 254 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of ZenStatement?

ZenStatement's top competitors include Ramp, Intuit and Deltek. Among them, Ramp secured the most recent funding round in June, 2026.

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

Company Details

AI-powered cashflow management platform for enterprises. It offers features such as automated accounts payable and receivable along with integration capabilities with banks and enterprise resource planning systems. Users can monitor their cash inflows and outflows in real-time, providing immediate insights into their financial position.

Website: zenstatement.com
Email ID: *****@getsimplifin.com
Registered Address: A003, SALARPURIA SATTVA, MAGNIFICIA DOORAVANINAGAR, Doorvaninagar, Bangalore, Bangalore North, Karnataka, India, 560016

Key Metrics

Founded Year

2023

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.62M in 1 round

Latest Funding Round

Seed, Mar 26, 2024, $*****

Post Money Valuation

₹***** as on Nov 05, 2024

Investors

BoldCap & 52 more

Ranked

156^th among 3381 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

29 as on Jun 30, 2026

Similar Companies

Ramp & 488 more

View ZenStatement's full profile

ZenStatement is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GETSIMPLIFIN TECHNOLOGIES PRIVATE LIMITED CIN: U62091KA2023PTC179007 , India, Active	Sep 22, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	29 (As on Mar 01, 2026)

ZenStatement has raised a total funding of $1.62M over 1 round. Its latest funding round was a Seed round on Mar 26, 2024 for $*****. 52 investors participated in its latest round. ZenStatement has 13 institutional investors and 40 angel investors.

Here is the list of recent funding rounds of ZenStatement:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 26, 2024	1497440	Seed	8031114	4799153	6385417	1256416

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View details of ZenStatement's funding rounds and investors

The founders of ZenStatement is Ankit Narsaria. Sourabh Nolkha is the CEO of ZenStatement.

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

Ankit Narsaria: Co-Founder of ZenStatement and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

ZenStatement's Board of Directors

ZenStatement's board has 2 active members. Ankit Narsaria and Sourabh Nolkha are part of team.

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

Name	Type	Representing	Status	Duration
Ankit Narsaria	Team	-	Current	2y 2m
Sourabh Nolkha	Team	-	Current	2y 10m

View details of ZenStatement's Founder profiles and Board Members

ZenStatement's employee count trend

ZenStatement has 29 employees as of Jun 26. Here is ZenStatement's employee count trend over the years:

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Top competitors of ZenStatement include Ramp, Intuit and Deltek. Here is the list of Top 10 competitors of ZenStatement, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 71 others	84/100
2nd	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Alcor Fund & 25 others	83/100
3rd	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, New Mountain Capital & 3 others	81/100
4th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	79/100
5th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
6th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Lightbank, Iris Software & 23 others	76/100
7th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, New Zealand Growth Capital Partners ... & 9 others	75/100
8th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
9th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	91Springboard, Itz Cash Card & 46 others	70/100
10th	HighRadius 2006, Houston (United States), Series C	Provider of AI-powered platform for automating finance processes and improving outcomes	$484M	Tiger Global Management, Citi Ventures & 9 others	69/100
156th	ZenStatement 2023, Bengaluru (India), Seed	AI-powered cashflow management platform for enterprises	$1.62M	8i Ventures, 3one4 Capital & 51 others	42/100

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Founders (largest shareholder) own 59.52%, Funds own 19.55%, Enterprises own 6.57% and Angels own 4.50%. The net worth of ZenStatement's founders is INR 26.2Cr as of Nov 05, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	59.52%	26.2Cr	6701907	2850385	6353258	6427280
Ankit Narsaria	6	8	2	8	6	3
Fund	19.55%	8.6Cr	4588171	2031907	2501931	8417502
BoldCap	4142111	8287774	7960750	6132315	2397637	1024681
3one4 Capital	7077424	5461832	7676767	6784485	5748397	4026204
Enterprise	6.57%	2.89Cr	826893	248648	843798	350073
Angel	4.50%	1.98Cr	4374	9857	5413	2489
Other People	0.01%	23.6K	0	0	0	0
ESOP Pool	9.85%	4.33Cr	1253290	2758477	8974699	4828829
Total	100.00%	44Cr	1613382	7049220	9220858	6139920