IT Team SaaS Management Platform Zluri Raises $10 Million

By Annie Baker ● Jan 18, 2022
  • SaaS Management Platform Zluri announced recently it has raised $10 million in a Series A round of funding. These are the details.

SaaS Management Platform Zluri announced recently it has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors Endiya Partners and Kalaari Capital. Zluri had previously raised $2 million from Endiya Partners and Kalaari Capital in its seed round in January 2021.

The company is planning to use the additional capital to continue its growth momentum and further strengthen its product’s capabilities. And the company plans to double down the teams in core markets, in Asia and North America.

Today companies around the world are adopting SaaS applications. And while it is easy to buy a SaaS application, managing these applications is a huge challenge for companies given the volume of SaaS tools that they are adopting. While the IT spend is increasing on these tools, the usage and utilization of these investments remain a challenge.

Zluri’s comprehensive SaaS Management platform for IT teams helps companies Discover, Manage and Optimize, Secure and Automate SaaS applications through a single dashboard. And Zluri puts the IT team back in control of their new SaaS-ified landscape. Zluri has the most comprehensive application discovery engine in the industry and the largest library of over 600 in-depth direct integrations.

Zluri has added more than 100 new customers from North American and Asian markets in the past year and includes large brands such as Chargebee, MoEngage, Guesty and Whatfix as customers.

Zluri was founded in 2020 by Ritish Puttaparthi, Sethu Meenakshisundaram and Chaithanya Yembari. And all three co-founders worked together at Knolskape, for a considerable amount of time and have a deep and shared passion for building and scaling companies.


“We are thrilled to welcome Mass Mutual Ventures as our new partner through this Series A funding. Over the last 12 months, we have seen global adoption of SaaS Management Platforms increase at an accelerated pace. Our rapid growth in the category can be attributed to our product innovation and unparalleled customer support. We have made significant investments into our one-click automation engine, which helps IT Teams streamline and automate workflows across the organization thus helping them manage, optimize and secure their technology stacks effectively. We will continue our investments to extend our lead in this space and the current round of funding will help us further accelerate our global growth and product innovation.”

— Ritish Reddy, Co-Founder, Zluri

“Orchestrating SaaS applications in organizations and helping them maximize ROI on continually increasing SaaS spend is a large problem statement that requires significant operational effort from IT Teams. With an industry-leading SaaS Management Platform, Zluri is well positioned to help enable this across enterprises. We are very excited to back Ritish, Sethu, Chaithanya and the Zluri team and look forward to supporting them on their vision of building global leader in this category.”

— Anvesh Ramineni, Managing Director at MassMutual Ventures