# Zaloni

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zaloni

- Industry: Software
- Headquarters: US
- Website: www.zaloni.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Feb 23, 2016)
- Investors on record: 2

## About

Zaloni Inc. specializes in data management solutions that enable businesses to optimize their data assets. Their offerings include tools for data governance, cataloging, and analytics, fostering improved data integration and decision-making across various sectors.Founded in 2007 in the US, Zaloni Inc. provides data management solutions that help organizations utilize their data effectively. The company was acquired by Truist Financial Corporation in August 2022, with no financial terms disclosed. The current CEO is Susan Cook, while the founder, Ben Sharma, has experience in leading tech ventures prior to establishing Zaloni. The firm has successfully completed five deals, with the latest funding round being a VENTURE DEBT of USD 6.00 mn raised in 2022 from Espresso Capital, contributing to a total of USD 9.57 mn raised.Zaloni primarily offers a suite of data management solutions designed to empower businesses to effectively harness their data assets. Their core products include data governance, data cataloging, and analytics tools that facilitate data integration, management, and visualization. These solutions address common challenges in managing large data volumes, ensuring compliance, and extracting insights. Their products serve various sectors, including healthcare, finance, and retail, and are marketed globally, notably in North America, Europe, and Asia-Pacific, catering to both large enterprises and mid-sized companies.Zaloni generates revenue through a subscription-based model, allowing clients to access their data management services consistently. Clients typically engage in annual contracts, creating predictable revenue. Transactions are structured around multi-tiered pricing plans that align with organizational needs. The company’s flagship products, including data governance and analytics solutions, are essential in building long-term partnerships with clients, ensuring adaptability in their data strategies.Looking ahead, Zaloni plans to leverage its recent funding to launch new products aimed at enhancing data management capabilities. There is a focus on expanding into new markets, particularly targeting the European and Asia-Pacific regions by 2024. The recent VENTURE DEBT round will support these initiatives, enabling the company to invest in product development and market entry strategies. The acquisition by Truist Financial Corporation may also facilitate further growth opportunities as Zaloni integrates into a larger financial ecosystem.

## Funding rounds

- Series A, Feb 23, 2016, $7.5M — Baird Capital Partners, Sierra Ventures

## Investors

- Baird Capital Partners (https://capitalatlas.ai/funds/baird-capital-partners) — Series A
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series A