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Zilliant Secures $30M in Funding from Goldman Sachs
Investment will accelerate company’s growth in artificial intelligence (AI)-driven analytics for the B2B industry
Zilliant today announced it has raised $30M in financing from Goldman Sachs for future growth. This investment will help Zilliant capitalize on global growth opportunities in the B2B enterprise industry across multiple sectors.
“We have selected Goldman Sachs as our new investor based on their successful track record of funding and supporting fast growing companies and are optimistic about the value they will bring,” said Greg Peters, president and CEO of Zilliant. “As the only B2B AI-driven SaaS platform in the market today, Zilliant is committed to enabling growth and profitability for our customers while strengthening their existing customer relationships.”
The investment is being made by the Private Capital Investing Group (“PCI”), which is Goldman Sachs’ investment platform dedicated to providing junior capital to growth and middle market companies throughout North America. The group is co-headed by Hillel Moerman, managing director.
Today’s B2B business leaders are largely measured upon hitting revenue and margin targets and face increased market pressure. The investment from Goldman Sachs underscores Zilliant’s ability to help these company leaders identify the economical market opportunity for each customer while strengthening existing relationships and driving revenue and profitability gains.
“Goldman Sachs is pleased to contribute to Zilliant’s continued growth,” said Holger Staude, vice president at PCI. “The company’s differentiated approach to SaaS-based, AI-enabled analytics, as well as their growth trajectory and strategic management team, position them to deliver significant value to the B2B industry.”
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