Zenvia appoints Piero Rosatelli as new CFO and IRO

SÃO PAULO - Zenvia Inc. (NASDAQ:ZENV), a $62 million market cap technology company whose shares have declined over 20% in the past week, announced Monday the appointment of Piero Rosatelli as its new Chief Financial Officer and Investor Relations Officer, according to a company press release.

Rosatelli succeeds Shay Chor, who will continue to assist the company as a consultant to Zenvia’s Audit Committee after serving four years in the position. The two executives have been working together to ensure a smooth transition of responsibilities. According to InvestingPro analysis, Zenvia currently appears undervalued with significant upside potential.

Prior to his appointment, Rosatelli served as a managing partner at Oria Capital and was a member of Zenvia’s Board of Directors, a position from which he has resigned. He currently sits on the boards of Tolife and Interplayers Soluções Integradas, and previously served on the board of Argo Solutions.

Rosatelli brings sixteen years of technology investment experience, having led more than forty tech deals throughout his career. His background also includes roles in investment banking and strategic financial planning at retailer C&A. He holds a bachelor’s degree in business administration and an MBA from Insper.

Zenvia, a cloud-based customer experience solutions provider operating throughout Latin America, is listed on the Nasdaq exchange and serves nearly 10,000 customers across the region.

In other recent news, Zenvia Inc. reported a 24% year-over-year increase in total revenue for the second quarter of 2025. The company is making a strategic shift towards higher-margin software solutions, aiming to enhance its market position. Despite the positive revenue growth, Zenvia is facing investor concerns due to ongoing challenges in the competitive Communications Platform as a Service (CPaaS) market. Additionally, the company announced a significant reduction in its workforce, which has contributed to the unease among investors. These recent developments highlight Zenvia’s efforts to adapt to market conditions while navigating industry challenges.

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