About Zerorez
Zerorez is a company based in Asheville (United States) founded in 2000 by John Hopkins and Gaylord Karren was acquired by Banner Capital Management in August 2022.. Zerorez has raised $755 thousand across 1 funding round from investors including Banner Capital. Zerorez offers products and services including Carpet Cleaning, Upholstery Cleaning, Air Duct Cleaning, and Tile and Grout Cleaning. Zerorez operates in a competitive market with competitors including Diversey, Kellermeyer Bergensons Services, Chem-Dry, Jan-Pro Franchising and LATICRETE, among others.
- Headquarter Asheville, United States
- Founders John Hopkins, Gaylord Karren
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Zerorez, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$755 K (USD)
in 1 rounds
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Latest Funding Round
$755 K (USD), Seed
Aug 01, 2007
- Investors
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Employee Count
Employee Count
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Acquired by
Banner Capital Management
(Aug 28, 2022)
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Products & Services of Zerorez
Zerorez offers a comprehensive portfolio of products and services, including Carpet Cleaning, Upholstery Cleaning, Air Duct Cleaning, and Tile and Grout Cleaning. 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.
Removes dirt from carpets using non-toxic Zr Water for healthier homes.
Cleans furniture fabrics without residue to maintain appearance.
Eliminates dust and grime from ducts for improved indoor air quality.
Restores tile surfaces using safe methods for long-lasting results.
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Funding Insights of Zerorez
Zerorez has successfully raised a total of $755K through 1 strategic funding round. The most recent funding activity was a Seed round of $755 thousand completed in August 2007. 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 1
- Last Round Seed — $755,000
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First Round
First Round
(01 Aug 2007)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2007 | Amount | Seed - Zerorez | Valuation |
investors |
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| 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 |
Investors in Zerorez
Zerorez has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Banner Capital. 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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Capital is invested in lower middle-market companies by Banner Capital.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Zerorez
| 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 - Zerorez
| 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 |
Zerorez Comparisons
Competitors of Zerorez
Zerorez 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 Diversey, Kellermeyer Bergensons Services, Chem-Dry, Jan-Pro Franchising and LATICRETE, 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 |
Water treatment and hygiene solutions are provided for various industries.
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Cleaning and maintenance services are provided to facilities nationwide.
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Chem-Dry is recognized as a leading carpet cleaning service.
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Provider of commercial cleaning services
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Produces tile installation systems, adhesives, mortars, and waterproofing for construction projects.
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Cleaning services are provided for commercial and industrial clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Latest news on Zerorez
Frequently Asked Questions about Zerorez
When was Zerorez founded?
Zerorez was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is Zerorez located?
Zerorez is headquartered in Asheville, United States. It is registered at Asheville, North Carolina, United States.
Who is the current CEO of Zerorez?
Shawn Moon is the current CEO of Zerorez.
Is Zerorez a funded company?
Zerorez is a funded company, having raised a total of $755K across 1 funding round to date. The company's 1st funding round was a Seed of $755K, raised on Aug 01, 2007.
What does Zerorez do?
Zerorez was established in 2000 in Asheville, United States, as a provider of carpet cleaning services within the home services sector. Operations focus on delivering cleaning solutions for residential and commercial spaces, utilizing specialized techniques. The company is led by co-founders John Hopkins and Gaylord Karren, alongside CEO Shawn Moon. Services extend across various U.S. locations, supporting routine maintenance and deep cleaning needs.
Who are the top competitors of Zerorez?
Zerorez's top competitors include Diversey, Kellermeyer Bergensons Services and Jan-Pro Franchising.
What products or services does Zerorez offer?
Zerorez offers Carpet Cleaning, Upholstery Cleaning, Air Duct Cleaning, and Tile and Grout Cleaning.
Who are Zerorez's investors?
Zerorez has 1 investor. Key investors include Banner Capital.