Startup profile · funding coverage
Zylo funding, valuation and investors
Enterprise SaaS management platform — find, manage, and reduce software spend and sprawl.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series C
$31.5M · November 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$32M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Indianapolis, IN
Investors in latest funding
Lead: Baird Capital
Other: Spring Lake Equity Partners , Bessemer Venture Partners , Menlo Ventures , High Alpha , Coupa Ventures
Overview
Zylo helps enterprises discover, manage, and optimize SaaS applications and spend. Incubated at Indianapolis venture studio High Alpha and founded in 2016, the company closed a $31.5 million Series C in November 2022 led by Baird Capital’s Venture Team, with Spring Lake Equity Partners and returning investors Bessemer Venture Partners, Menlo Ventures, High Alpha, and Coupa Ventures. Company materials cited more than $67.5M raised to date at announcement. Zylo continues to build product and go-to-market teams in Indianapolis.
Why Zylo is interesting
High Alpha studio graduate that raised a $31.5M Series C (Nov 2022) led by Baird Capital, with Bessemer, Menlo, and High Alpha returning — Indianapolis SaaS ops category leader.
Product & use cases
SaaS management platform for procurement, IT, and finance teams to inventory licenses, control renewals, and cut unused spend.
- SaaS spend rationalization
- Renewal and license ownership workflows
- Shadow IT discovery
Key facts
- Series C (Nov 2022): $31.5M led by Baird Capital (PR Newswire / TechCrunch)
- Returning investors: Bessemer, Menlo Ventures, High Alpha; Coupa Ventures strategic
- High Alpha studio company; Indianapolis HQ
- Total capital cited >$67.5M at Series C announcement
Funding history (newest first)
Series C
2022-11 $31.5M- Baird Capital (lead)
- Spring Lake Equity Partners (participant)
- Bessemer Venture Partners (participant)
- Menlo Ventures (participant)
- High Alpha (participant)
- Coupa Ventures (participant)
Investors in our directory
Funds linked from Zylo's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Category focus on SaaS management with strong enterprise GTM and Indy studio pedigree.
-
Productiv direct
SaaS management / intelligence.
-
Torii direct
SaaS management platform.
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ServiceNow / Flexera incumbent
Broader ITAM suites.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Zylo's financing or category context.
FAQs about Zylo
Practical answers founders, operators, and investors typically search for.
Last updated:
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