Zero

San Francisco, United States Founded: 2016 • Age: 10 yrs Acquired By Avant
Digital bank for individuals
Annual revenue - Latest available
Total funding $31.0M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Zero

Zero is a company based in San Francisco (United States) founded in 2016 by Bryce Galen and Joel Washington was acquired by Avant in April 2021. Zero has raised $31 million across 5 funding rounds from investors including Avant, SVB and Neuberger Berman. Zero operates in a competitive market with competitors including Chime, Stash, Dave, Albert and Umba, among others.

  • Headquarter San Francisco, United States
  • Founders Bryce Galen, Joel Washington
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $31 M (USD)

    in 5 rounds

  • Latest Funding Round
    $100 M (USD), Debt – Conventional

    Feb 06, 2020

  • Investors
    Avant

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Avant

    (Apr 07, 2021)

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Funding Insights of Zero

Zero has successfully raised a total of $31M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in February 2020. 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.

Investors in Zero

Zero has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Avant, SVB and Neuberger Berman.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Secondary market fund focused on LP and direct secondary transactions
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Venture capital investments are offered to startups by NEA.
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Seed and early-stage startups are funded by SignalFire.
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Investor details for Zero

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Zero

Investments
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Investment portfolio details for Zero

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Zero

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Detailed financials for Zero

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  • Profit trends
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Zero Comparisons

Zero Primary company
Description
Digital bank for individuals
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Zero

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Competitors of Zero

Zero 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 Chime, Stash, Dave, Albert and Umba, among others.

Company Name Domain Founded year HQ Location Description
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Digital banking services are offered to individuals via mobile apps.
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Automated investment and robo-advisory services are offered to individuals.
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Digital banking services are provided for easier financial management.
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Digital banking app is offered for savings, investing, and budgeting.
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Digital banking solutions are offered to individuals through mobile apps.
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Digital banking services for consumers are offered via mobile app.
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Detailed competitors of Zero

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Latest news on Zero

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Complete news archive for Zero

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  • Brand-specific news history

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Frequently Asked Questions about Zero

Zero was founded in 2016.

Zero is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Bryce Galen is the current CEO of Zero. They have also founded this company.

Zero is a funded company, having raised a total of $31M across 5 funding rounds to date.

Zero was founded in 2016 in San Francisco, United States, as a digital bank targeting individuals in the financial services sector. Deposit accounts, money transfers, and prepaid cards for online and offline purchases are provided, along with bill payments, cash withdrawals, and tools for budget and expense management. Operations focus on accessible digital financial tools.

Zero's top competitors include Chime, Albert and Stash.

Zero has 7 investors. Key investors include Avant, SVB, Neuberger Berman, NEA, and SignalFire.

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