About Zego
Zego is a company based in Kansas City (United States) founded in 2017 was acquired by PayLease in May 2019. It operates as a SaaS (Software-as-a-Service). Zego has raised $1.5 million across 3 funding rounds from investors including PayLease, Techstars and KCRise Fund. Zego offers products and services including Zego™ Pay, Zego™ Utility, and Zego™ Mobile Doorman. Zego operates in a competitive market with competitors including Vivint, Resideo, SmartRent, Dwelo and TownSq, among others.
- Headquarter Kansas City, United States
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Sectors
Energy & UtilitiesReal Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Paylease, Llc (Dba Zego)
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Products & Services of Zego
Zego offers a comprehensive portfolio of products and services, including Zego™ Pay, Zego™ Utility, and Zego™ Mobile Doorman. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital payments are automated for property management efficiency.
Utility expenses are managed for maximum cost recoupment.
Resident retention is boosted through mobile engagement tools.
Funding Insights of Zego
Zego has successfully raised a total of $1.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.5M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Debt – Conventional - Zego | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Zego | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Zego | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zego
Zego has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include PayLease, Techstars and KCRise Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Pre-seed stage Micro VC firm investing in the US and Canada
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zego
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zego
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zego Comparisons
Competitors of Zego
Zego operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vivint, Resideo, SmartRent, Dwelo and TownSq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based smart security cameras are manufactured for home use.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| domain | founded_year | HQ Location |
Cloud-based smart home management solutions for rentals are provided.
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| domain | founded_year | HQ Location |
Smart apartment management solutions are offered for managers and residents.
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| domain | founded_year | HQ Location |
Platform for HOA management, communications, payments, documents, and vendor processes.
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| domain | founded_year | HQ Location |
Various connected devices are integrated via a smart home hub.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Zego
When was Zego founded?
Zego was founded in 2017.
Where is Zego located?
Zego is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
Is Zego a funded company?
Zego is a funded company, having raised a total of $1.5M across 3 funding rounds to date.
What does Zego do?
Zegos software solutions are designed to automate critical property management workflows for managers and associations. Operations in multifamily, HOA, student housing, and other residential real estate sectors are streamlined through digital payment processing, utility expense management, and resident engagement tools. NOI growth is accelerated, operational risks are minimized, and seamless integrations with leading property management systems are provided for real-time insights. Resources are scaled efficiently, trust is built with residents, and data-backed decisions are supported across various portfolio types.
What products or services does Zego offer?
Zego offers Zego™ Pay, Zego™ Utility, and Zego™ Mobile Doorman.