Portfolio Details
Zylo
Zylo is an enterprise SaaS management and optimization platform designed to discover SaaS applications, recommend and automate optimization actions, help manage renewals, rationalize redundant applications, and provides access to library of API integrations for SaaS applications. Its solutions are a mainstay for CFOs in efficiently controlling costs.
A number of characteristics attracted us to invest in the business, including its:
- Strong value proposition – Zylo has a clear value proposition and ROI centered around cost savings, time efficiencies and contract optimization with multi-year value from benchmarking, renegotiations, provisioning, and API integrations.
- Favorable market tailwinds – The pandemic and related changes to technology required for remote access has dramatically impacted the processes for procurement, usage and oversight of enterprise IT and SaaS. Zylo is well-positioned to support these dynamics by providing visibility, governance, and automation to the CFO.
- Stellar leadership – Zylo has an experienced, well-regarded management team with relevant background and a strong network.
Learn more about the company
- Team
- Venture Capital
- Invested Date
- November 2022
- Status
- Active
- Location
- U.S.
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