About Zerv
Zerv is a company based in Chicago (United States) founded in 2020.. Zerv has raised $15.59 million across 2 funding rounds from investors including Taronga Group and Greenpoint Ventures. The company has 16 employees as of December 31, 2021. Zerv offers products and services including Zerver B. Zerv operates in a competitive market with competitors including Openpath, Brivo, Spintly, i-Sprint and Doordeck, among others.
- Headquarter Chicago, United States
- Employees 16 as on 31 Dec, 2021
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zerv, 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
$15.59 M (USD)
in 2 rounds
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Latest Funding Round
$588.5 K (USD), Series A
Jun 17, 2022
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Investors
Taronga Group
& 1 more
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Employee Count
16
as on Dec 31, 2021
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Products & Services of Zerv
Zerv offers a comprehensive portfolio of products and services, including Zerver B. 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.
Upgrades existing systems for mobile access compatibility
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Funding Insights of Zerv
Zerv has successfully raised a total of $15.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $588.5 thousand completed in June 2022. 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 2
- Last Round Series A — $588,500
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First Round
First Round
(29 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Zerv | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Zerv | Valuation | Taronga Ventures , Greenpoint Ventures |
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| 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 Zerv
Zerv has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Taronga Group and Greenpoint Ventures. 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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Taronga Group is engaged in technology and real asset investments.
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Founded Year | Domain | Location | |
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Delivers web-based marketing services for businesses.
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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 Zerv
| 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 - Zerv
| 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 |
Zerv Comparisons
Competitors of Zerv
Zerv 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 Openpath, Brivo, Spintly, i-Sprint and Doordeck, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based access control systems with mobile credentials are provided.
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| domain | founded_year | HQ Location |
Developer of AI and cloud-based integrated access control systems
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| domain | founded_year | HQ Location |
Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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| domain | founded_year | HQ Location |
Cloud-based authentication solutions are offered through an online platform.
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| domain | founded_year | HQ Location |
Cloud-based access control systems are provided for electronic locks.
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| domain | founded_year | HQ Location |
Battery-free smart lock systems are developed for secure access management.
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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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Latest news on Zerv
Frequently Asked Questions about Zerv
When was Zerv founded?
Zerv was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Zerv located?
Zerv is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Zerv a funded company?
Zerv is a funded company, having raised a total of $15.59M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jun 29, 2021.
How many employees does Zerv have?
As of Dec 31, 2021, the latest employee count at Zerv is 16.
What does Zerv do?
Zerv was established in 2020 in Chicago, United States, within the security technology sector. Cloud-based access control solutions are delivered, encompassing locks, ID verification devices, access card readers, and a mobile application for managing entry points. Access privileges are shared among users, with devices configured to read messages and authorize entry accordingly. Operations focus on remote control and integration for various facilities.
What products or services does Zerv offer?
Zerv offers Zerver B.
Who are Zerv's investors?
Zerv has 2 investors. Key investors include Taronga Group, and Greenpoint Ventures.