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Home Funding

Zenysis Technologies, a big data startup, has raised $13.3 million in a series B round of funding

Tech Gist Africa by Tech Gist Africa
06/28/2022
in Funding, News, Startups
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Zenysis Technologies

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Big data startup Zenysis Technologies, with offices in San Francisco and Cape Town, revealed that it has closed a $13.3 million Series B round.

The Steele Foundation for Hope, a non-profit, led the funding round.

Jonathan Stambolis founded the business in 2016 to help developing nations respond better to humanitarian crises and advance public health in such nations.

In nine nations across Africa, South America, and Asia, governments and partners are presently using Zenysis’ software.

The fusion of data from numerous government agencies, UN agencies, and NGOs into a unified decision support system was provided by Zenysis’ open-source offering Harmony, which was used to create an emergency control center for the disease outbreak.

One fascinating development, according to Stambolis, stems from his company’s involvement with governments and is how adaptable it is to take on other issues after being asked to take on one. It’s satisfying to watch how, once we get an opportunity to show off our value offer, we are granted additional authority, he added. “As our relationship with the nations we work with improves, they have learned to trust us as a partner. I believe that the motto “move fast and break things” has largely defined Silicon Valley’s culture for the past 15 years; we’ve proven that we are a different kind of business. We enjoy doing quick repairs.

Zenysis, which raised $2.8 million in seed funding in 2016 and $5.8 million in Series A funding in 2018, also has a two-year goal of tripling its worldwide footprint, with a particular emphasis on growing its presence in Africa.

According to Stambolis, Zenysis will make smart investments with other visionaries to further its technology and expertise.

 

Read more on Tech Gist Africa:

MFS Africa has announced the extension of its series C to a total of $200 million

Fido, a Ghanaian fintech startup, has raised $30 million in a Series A funding round

Healthtracka, a Nigerian startup, has received $1.5 million in pre-seed funding

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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