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Founded Year

2015

Stage

Unattributed VC - III | Alive

Total Raised

$278.21M

Last Raised

$2.46M | 1 yr ago

Revenue

$0000 

About ZenBusiness

ZenBusiness offers an online business development platform. It offers a community that helps to create, manage, and grow businesses year-round. It enables entrepreneurs to resolve issues and get sustainable information and support to form a business. It was formerly known as StartUp App. The company was founded in 2015 and is based in Austin, Texas.

Headquarters Location

5511 Parkcrest Drive Suite 207

Austin, Texas, 78731,

United States

720-508-6000

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Expert Collections containing ZenBusiness

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ZenBusiness is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,229 items

S

SMB Fintech

1,586 items

ZenBusiness Patents

ZenBusiness has filed 4 patents.

The 3 most popular patent topics include:

  • blockchains
  • cryptocurrencies
  • business law
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/14/2018

7/7/2020

Application programming interfaces, Directory services, Electronic documents, Content management systems, Network protocols

Grant

Application Date

9/14/2018

Grant Date

7/7/2020

Title

Related Topics

Application programming interfaces, Directory services, Electronic documents, Content management systems, Network protocols

Status

Grant

Latest ZenBusiness News

Rescuing Startup App Projects On A Tight Budget: 3 Things To Do

Feb 20, 2024

| Membership (fee-based) You'll be asked to sign into your Forbes account. Got it getty "Apps are expensive. Apps are plentiful. Apps are often free. The reasons for failure can be multifaceted. Insufficient financial resources may contribute to failure, but it can also stem from a cascade of other detrimental circumstances. Anyway, the number of one-third requests to our company for project rescue services is quite eloquent. In such situations, many entrepreneurs become hostage to a situation where the assets have practically dried up but still require some steps to be taken. I propose to figure out what can be done on a tight budget during a storm for your tech startup. MORE FOR YOU Iron Triangle Issues To refer to the problem of app projects being rescued with limited financial resources, we need to come back to the classic management basics––to the project triangle exactly. So, there are two types of interdependencies in it. There are two types of relationships between scope, time and cost in a project. In the first type, scope, time and cost move in the same direction. Increasing the scope increases both time and cost. In the second type, there is an inverse relationship. If costs need to be reduced, more time is needed, and if there is a deadline constraint, an additional budget is required. These two relationships can't be changed: No matter what you do, you can't alter one component without directly or inversely affecting the other two vertices of the triangle. That is why this conception is often referred to as the iron triangle of triple constraint, and many startup leaders don't give up trying to cheat this pattern. 3 Ways To Save In the Game To act on a tight budget, as a fixed angle in this triple, to make that iron forge, we have to work either with time or with scope. As you're at the stage when the failure is extremely close, it's much more rational to manage the scope resource than a time one. 1. Return To The Toots I love Marc van Neerven's words in his article : "Focus on where the value is being built up. The question 'Does this affect IP?' provides an answer whenever stuff needs to be done (or not)." Reopening the discovery phase is what can save your project. "We've already done that'' is not an argument, as the result speaks for itself. This is the key to cutting out extra scope, prioritizing it and concentrating on what’s important. To-do step: This advice may seem practically free, but it's not entirely true. I believe it has to be outsourced to keep it unbiased. That's about reallocating resources. Let me assure you: The market is full of agencies that carefully assemble their teams in terms of expertise without making you overpay for their marketing budgets and overstaffing. Trying the services of an external CTO only for your project is also a way out that pays off. 2. Not The Goal, But The Means Yes, we are talking about the technical audit. Certainly, transferring an entire project from one framework to another and rewriting it in a different programming language is a daunting task––the choice has been made. But in many cases, that's unnecessary. As they say, “If you think good architecture is expensive, try bad architecture." Here comes optimization: reuse, update, refactor and test. To-do step: Free code audits or consultations, no matter how resistant you may be, provide an opportunity to give a second wind to the project. There is a belief that such offers are a slippery slope—well, maybe. Before paying the remaining funds to a new contractor, you have the chance to evaluate their level of technical expertise with zero dollars and entrust them with this stage. You may indeed be searching for copper but end up finding gold. 3. Shut Off The Air Certainly, not to your project, but the concept of scope creep. It may seem counterintuitive to invest resources in refining a non-critical feature when your app has a two-star rating in the app market. However, these are the realities we face. Sometimes, it's not about subtracting but about stopping adding. At startups, this can be caused by many reasons, and one of them is the misordered collaboration of the project's stakeholders. To-do step: In this case, the concept of MVP (minimum viable product) can be helpful, where you focus on what will disrupt the market rather than how beautifully or efficiently it will be done, at least for now. This point is more about not just minimizing costs but rather ensuring their precise control. Give yourself an advantage: It is far more important to bring your triangle into balance from all sides than to make it grand. To reduce the impact of scope creep among all the interested parties, I explained this in this article. Bottom Line At first glance, it may seem that the iron triangle and its system of triple constraint do not provide any freedom, but forewarned is forearmed. Creating a project with a limited budget, let alone rescuing it, is one of the primary constraints in business. Remember that there is no need to go through this journey alone, and I sincerely believe it is possible to be among the successful percentages mentioned.

ZenBusiness Frequently Asked Questions (FAQ)

  • When was ZenBusiness founded?

    ZenBusiness was founded in 2015.

  • Where is ZenBusiness's headquarters?

    ZenBusiness's headquarters is located at 5511 Parkcrest Drive, Austin.

  • What is ZenBusiness's latest funding round?

    ZenBusiness's latest funding round is Unattributed VC - III.

  • How much did ZenBusiness raise?

    ZenBusiness raised a total of $278.21M.

  • Who are the investors of ZenBusiness?

    Investors of ZenBusiness include Cathay Innovation, Oak HC/FT Partners, ATX Venture Partners, Greycroft, Geekdom Fund and 18 more.

  • Who are ZenBusiness's competitors?

    Competitors of ZenBusiness include FoundersForge, LegalZoom, Rocket Lawyer, Flying Solo, AllBusiness.com and 7 more.

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