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Zeta Funding Rounds & Valuation History (2019–2025)

Private Valuation & Funding Round Tracker · Zeta

Zeta funding rounds & valuation history

Zeta, the Bengaluru and San Ramon banking-software (cloud core and card processing) company co-founded by Bhavin Turakhia. Not Zeta Global (NYSE: ZETA), a different company. Funding from the First outside round (Sodexo BRS) to the Strategic investment (Optum), sourced to Zeta, TechCrunch, The Hindu BusinessLine and Sodexo.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
Last closed round Closed
$2B
$50M Strategic investment (Optum)
Raised in rounds listed
$330M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$250M
Series C (SoftBank Vision Fund 2)
Closed rounds listed
4
Jul 2019 to Feb 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Zeta funding rounds, Jul 2019 to Feb 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Strategic investment (Optum)Zeta’s release does not name the investor; TechCrunch identifies it as Optum. Optum is a minority investor (US$50M at about US$2B).
$50M
Optum (UnitedHealth Group unit), named by TechCrunch
$2BStated by Zeta (“valuing it at $2 billion”); Zeta compares it with a $1.15B pre-money in the prior round, so pre/post is not explicit
—Not disclosedNo run-rate stated in the announcement
Closed round
Follow-on (Mastercard-led)
$30M
MastercardWith: Other investors (not named)
$1.5BReported by The Hindu BusinessLine
—Not disclosedNo run-rate stated in the announcement
Closed round
Series C (SoftBank Vision Fund 2)
$250M
SoftBank Vision Fund 2
$1.45BValuation stated by Zeta
—Not disclosedNo run-rate stated in the announcement
Closed round
First outside round (Sodexo BRS)Zeta did not disclose the amount; a person familiar told TechCrunch it was less than $60M, so no figure is summed. TechCrunch calls this Zeta’s Series C as well.
Under $60M (reported)
Sodexo BRS
$300MStated by Zeta and Sodexo (“total valuation to $0.3Bn”)
—Not disclosedNo run-rate stated in the announcement
No step-up is shown: Zeta mixes pre-money and post-money descriptions across rounds, so ratios would not compare like with like.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Zeta, TechCrunch, The Hindu BusinessLine, Sodexo. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 23 Jul 2019 · Closed

    First outside round (Sodexo BRS): Under $60M (reported) at $300M led by Sodexo BRS.

  2. 24 May 2021 · Closed

    Series C (SoftBank Vision Fund 2): $250M at $1.45B led by SoftBank Vision Fund 2.

  3. 8 Mar 2022 · Closed

    Follow-on (Mastercard-led): $30M at $1.5B led by Mastercard.

  4. 11 Feb 2025 · Closed

    Strategic investment (Optum): $50M at $2B led by Optum (UnitedHealth Group unit), named by TechCrunch.

Still private: Zeta has not filed for an IPO and is not owned by a listed company. Listed-company investors (SoftBank, Mastercard, Sodexo, Optum/UnitedHealth) hold minority stakes. Zeta is unrelated to Zeta Global Holdings (NYSE: ZETA).

Cite this dataset

Free to quote with a link back. Copy this citation:

Zeta Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/zeta/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
zeta-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/zeta-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Founder funding before 2019 (Zeta was self-funded by its co-founders until the Sodexo round); the size of the Sodexo investment (not disclosed).

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 4, not yet published).

Sources

  1. Zeta: Zeta Valued at $2 Billion In New $50 Million Strategic Fundraise, 11 Feb 2025
  2. TechCrunch: Zeta valued at $2B in new funding, 10 Feb 2025
  3. The Hindu BusinessLine: MasterCard makes $30 million strategic investment in Zeta, 8 Mar 2022
  4. Zeta: Zeta raises $250M from SoftBank Vision Fund 2 for its Omni Stack for Banks, 24 May 2021
  5. TechCrunch: Fintech firm Zeta’s valuation climbs to $300M in its first external funding round, 23 Jul 2019
  6. Sodexo: Sodexo takes strategic minority stake in Zeta, an Indian fintech company, 23 Jul 2019