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.
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.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
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 $0.3Bn”) |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Zeta, TechCrunch, The Hindu BusinessLine, Sodexo. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 23 Jul 2019 · Closed
First outside round (Sodexo BRS): Under $60M (reported) at $300M led by Sodexo BRS.
- 24 May 2021 · Closed
Series C (SoftBank Vision Fund 2): $250M at $1.45B led by SoftBank Vision Fund 2.
- 8 Mar 2022 · Closed
Follow-on (Mastercard-led): $30M at $1.5B led by Mastercard.
- 11 Feb 2025 · Closed
Strategic investment (Optum): $50M at $2B led by Optum (UnitedHealth Group unit), named by TechCrunch.
Cite this dataset
Free to quote with a link back. Copy this citation:
Zeta Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/zeta/
Download the data
The same 4 rows as the table: numeric US$ 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)
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
- Zeta: Zeta Valued at $2 Billion In New $50 Million Strategic Fundraise, 11 Feb 2025
- TechCrunch: Zeta valued at $2B in new funding, 10 Feb 2025
- The Hindu BusinessLine: MasterCard makes $30 million strategic investment in Zeta, 8 Mar 2022
- Zeta: Zeta raises $250M from SoftBank Vision Fund 2 for its Omni Stack for Banks, 24 May 2021
- TechCrunch: Fintech firm Zeta’s valuation climbs to $300M in its first external funding round, 23 Jul 2019
- Sodexo: Sodexo takes strategic minority stake in Zeta, an Indian fintech company, 23 Jul 2019