AI automation startup Zinier secures $90 Million in Series C Funding round

AI automation startup Zinier secured $90M in Series C funding round

Bangalore and Silicon Valley-based Zinier announced $90 Million in the Series C funding round to transform the field service workforces with AI-driven automation.

ICONIQ Capital led the funding round with the participation from Accel, Founders Fund, Tiger Global Management, NewsFund Capital, Qualcomm Ventures, NGP Capital, and others.

Founded in 2015, Zinier offers an intelligent field service automation platform to help the firms to work smarter, from the back office to the field. The company has raised a total of $120 Million in four funding rounds to date, according to CrunchBase.

Executive Opinion

Co-founder and CEO of Zinier, Arka Dhar, said, "Services that we rely on every day – electricity, transportation, communication – are getting by on centuries-old infrastructure that requires a major upgrade for the next generation of users. A field service workforce powered by both people and automation is necessary to execute the massive amount of work required to not only maintain these critical human infrastructures but also to prepare for growth. Our team is focused on enabling this transformation across industries through intelligent field service automation."

Partner at ICONIQ Capital, Will Griffith, said, "Zinier is poised to disrupt field service delivery as we know it. It is critical for companies to optimize this costly and complex part of their business, and Zinier has the platform-based technology and team to take on this global, multi-industry market. We are excited to partner with Zinier and support them in their mission of changing the paradigm on field service work on a global scale."

Leveraging New Funds

Zinier plans to use newly raised funds to expand into Chile, Australia, France,  Brazil, and the Iberian Peninsula. The company further plans to expand on leading system integrators partnerships.

The company also revealed that the funding would support the global customer adoption and expansion of the Zinier AI-driven field service automation platform, ISAC.

Zinier has developed its own technology platform, Intelligent Service Automation and Control (ISAC), from the ground up and entered into the market to help enterprises make the leap from reactive field service management to proactive field service automation.

Zinier has claimed to have worked with some of the significant global companies like the Black &Veatch and Car-Sa. The company has also formed a strategic partnership with the TCS and Capgemini, notes the announcement.

PC: Pablo, Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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