Zenly
Zenly is a technology company.
Financial History
Zenly has raised $36.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Zenly raised?
Zenly has raised $36.0M in total across 2 funding rounds.
Zenly is a technology company.
Zenly has raised $36.0M across 2 funding rounds.
Zenly has raised $36.0M in total across 2 funding rounds.
Zenly was a Paris-based technology company that developed a free smartphone app enabling real-time location sharing among friends and family via an interactive social map.[1][2][5] Targeted primarily at teens and young users, it solved the problem of spontaneous meetups and staying connected by displaying friends' exact locations, battery status, and privacy controls like location freezing, fostering real-world interactions over digital ones.[1][2][4] The app saw explosive growth, reaching over 35-40 million monthly active users by 2021-2022, powered by high-performance tech like ScyllaDB for sub-millisecond latencies on massive update workloads.[2][3][5] Acquired by Snap Inc. for $213 million in 2017, Zenly operated independently until its shutdown in 2023, with its tech integrated into Snapchat's Snap Map.[1][3][7]
Zenly was founded in 2011 by French entrepreneurs Antoine Martin and Alexis Bonillo, who envisioned a simple real-time map to make friend meetups easier and promote closeness.[1] The idea emerged from a desire to go beyond traditional social media, emphasizing real-world spontaneity with features like battery indicators and privacy tools; it officially launched around 2014-2015.[1][3][7] Early traction built quickly among youth due to its sleek design, hitting 1 million registered users soon after and millions worldwide by 2016, fueled by $22.5 million from investors like Benchmark and Xavier Niel.[1][2][4] A pivotal moment came in 2017 with Snap's acquisition, which allowed independent growth to 40 million MAUs by 2021 under a lean 70-person Paris team focused solely on expansion, not monetization.[3][5]
Zenly rode the wave of location-based social networking, blending geolocation, social discovery, and utility to revive "social maps" at a time when apps like Snapchat sought deeper real-world ties amid privacy concerns and digital fatigue.[1][3][5] Its timing capitalized on smartphone GPS ubiquity and teen demand for authentic interactions post-2010s social media saturation, influencing Snap Map's adoption and proving lean teams could scale to 40M MAUs without revenue focus.[3][5] Market forces like high-scale real-time data needs favored its infra choices (e.g., ScyllaDB), while shaping ecosystem discussions on privacy in geo-social apps—used for family tracking, elder care, and offline organizing—before its 2023 shutdown highlighted acquisition integration risks.[2][4][7]
Zenly's legacy endures in Snap Map, where its tech powers location features for Snapchat's vast audience, but the 2023 shutdown—despite profitability potential—signals Snap's prioritization of core products over side experiments.[3][7] Looking ahead, trends like AR-enhanced maps, AI-driven "places" personalization, and privacy-first geo-social (e.g., for events or safety) could revive similar apps, potentially from ex-Zenly talent. Its story underscores how innovative mapping can humanize social tech, tying back to the founders' simple vision of effortless friend connections that briefly made digital maps feel profoundly real.[1][5]
Zenly has raised $36.0M in total across 2 funding rounds.
Zenly's investors include Benchmark, Daphni, Elaia Partners, Kima Ventures, Tenaya Capital, Frederic Montagnon, Jean-David Blanc, Haystack, Eric Nadalin, John Kobs.
Zenly has raised $36.0M across 2 funding rounds. Most recently, it raised $23.0M Series B in September 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2016 | $23.0M Series B | Benchmark, Daphni, Elaia Partners, Kima Ventures, Tenaya Capital, Frederic Montagnon, Jean-David Blanc | |
| May 1, 2016 | $13.0M Series A | Daphni, Elaia Partners, Haystack, Kima Ventures, Eric Nadalin, Frederic Montagnon, Jean-David Blanc, John Kobs |