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

Fundraising history

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.

• ServiceNow / Flexera incumbent

  Broader ITAM suites.

Industries

Related funding articles

Venture Capital Tracker pieces that cover Zylo's financing or category context.

• Indianapolis Startups and VC Firms in 2026: High Alpha, Zylo, and B2B SaaS