Zero

Closed

Acts like debit. Earns like credit.

San Francisco, United States · Founded 2016 · $147.0M raised

Employees
11–50
Founded
2016
Business Model
B2C
Website
zero.com
Total Funding
$147.0M
Last Round
$127.0M Venture RoundFeb 2025
Rounds
2

About

Zero Financial was a fintech startup combining debit-style spending controls with credit card rewards, allowing users to earn up to 3% cash back while spending only what they had. The Zerocard functioned as a credit card that auto-paid from a linked bank account. Zero raised $20 million in a Series A led by NEA in 2019 and was acquired by Avant in April 2021, rebranding its neobank product as Level.

Summary

Zero is a Fintech company based in San Francisco, United States, founded in 2016. It has raised $147.0M in total across 2 rounds, most recently a $127.0M Venture Round round in Feb 2025. Investors include New Enterprise Associates.

Funding History

Venture RoundVenture RoundFeb 2025
$127.0M

Sign up to see all 2 rounds

Series A through Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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