"As a bootstrapped company, Zenwork has achieved remarkable success to date by focusing relentlessly on the digital tax reporting and onboarding requirements of its diverse customer base," said Adam Margolin, Managing Director at Spectrum Equity. "With millions of businesses subject to tax informational reporting and likely to adopt e-filing over the coming years, we see a massive opportunity for Zenwork to build on its market leadership position through product investments and innovation. With this significant new investment, we look forward to partnering with Sanjeev and the rest of the Zenwork team on their ambitious growth plans."

https://www.globenewswire.com/news-release/2021/11/09/2329884/0/en/Zenwork-Takes-on-First-Funding-With-163-Million-Led-by-Spectrum-Equity.html