# Zavers

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

- Industry: Marketing/Advertising
- Headquarters: Kansas City, US
- Website: www.zavers.com
- Total disclosed funding: $3.2M
- Latest round: Series B (Dec 31, 2010)
- Investors on record: 3

## About

Zavers is a software company focused on providing innovative solutions to enhance business operations, primarily through project management tools that streamline collaboration and optimize performance across various sectors.Zavers offers software solutions that optimize business operations, established in Kansas City, US. The company was co-founded by Chip Novick, who has a profile as an entrepreneur in the technology space. Zavers raised USD 10.640 mn in its Series C funding round on September 1, 2011, from Kansas Technology Enterprise Corporation, bringing the total amount raised to USD 10.640 mn and a current company valuation of USD 17.171 mn.Zavers specializes in innovative software solutions that optimize operations across various sectors. Its core offerings include a comprehensive project management tool that integrates task scheduling, resource allocation, and performance tracking. This tool addresses common execution pain points like delays and miscommunication, enhancing productivity. Additionally, the company offers tailored consulting services to help clients effectively implement these solutions. The primary customer base consists of mid to large-sized enterprises across North America and Europe, particularly in technology, healthcare, and finance industries.Revenue is generated through a subscription-based model, with clients engaging in annual or monthly payment plans for software access. Pricing varies based on the number of user licenses, with bulk subscriptions offering discounted rates. Partnerships with consulting firms also enhance revenue by integrating Zavers' software into broader services. The flagship project management tool serves as a cornerstone of the product suite, fostering long-term client relationships and potential upselling of advanced features as client needs evolve.Zavers plans to introduce new products designed to further enhance operational efficiency, with specific release dates to be announced in upcoming quarters. The company aims to expand into additional markets across Europe and Asia by 2023, leveraging its existing technology to meet diverse client needs. The recent funding in September 2011 will support these initiatives, particularly the development and marketing of new software solutions.

## Funding rounds

- Series B, Dec 31, 2010, $2.3M — OpenAir Equity Partners, Kansas Technology Enterprise Corporation
- Angel, Oct 1, 2007, $0.9M — KB Partners

## Investors

- KB Partners (https://capitalatlas.ai/funds/kb-partners) — Angel
- OpenAir Equity Partners (https://capitalatlas.ai/funds/openair-equity-partners) — Series B
- Kansas Technology Enterprise Corporation — Series B