
Zscaler, Inc. (NASDAQ: ZS) is a publicly traded cloud cybersecurity company that makes strategic venture investments in cybersecurity startups through its dedicated investment arm, Zenith Ventures. Zenith Ventures is a stage-agnostic fund that partners with and invests in cybersecurity companies to help them scale alongside Zscaler's zero-trust security platform.
75% of their portfolio is in Cybersecurity. They made 1 investment in the last 12 months. Their most common stage is series-a (42% of deals). Average disclosed round size is $33.7M (across 12 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $100M | Oct 2025 | |
| Series A | $33M | Jan 2024 | |
| Series C | $30M | Jun 2023 | |
| Unknown | $5M | Jan 2022 | |
| Series B | $30M | Mar 2021 | |
| Series A | $30M | Jan 2020 | |
| Series A | $15M | — | |
| Unknown | $60M | — | |
| Series A | $43M | — | |
| Seed | $7.5M | — | |
| MMiggo Security | Seed | $7.5M | — |
| Series A | $43M | — |
Top Co-Investors
Great Road Holdings3 shared
Advent International3 shared
Prelude Ventures3 shared
Emerald Development Managers3 shared
SYN Ventures3 shared
Salesforce Ventures2 shared
Evolution Equity Partners2 shared
Tapestry VC2 shared
Stonks2 shared
Benchmark2 shared
TQ Ventures2 shared
Atreides Management2 shared
Nexus Venture Partners2 shared
South Park Commons2 shared
YL Ventures2 shared
Nike2 shared
Cyber Club London2 shared
TenEleven Ventures1 shared
Halo Capital1 shared
Blume Ventures1 shared
Last updated: 7 October 2026