How much funding has Zero raised?

Zero has raised $147.0M in total funding, most recently a Venture Round.

Who are Zero's investors?

Zero's investors include New Enterprise Associates.

Where is Zero headquartered?

Zero is headquartered in San Francisco, California, United States.

Zero

Closed

Acts like debit. Earns like credit.

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

Fintech

Headquarters: San Francisco, California
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.

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