What is R-Zero?
R-Zero specializes in smart building technology, offering real-time insights designed to optimize indoor environments. Their solutions aim to enhance workforce productivity, forecast real estate needs, and drive operational efficiencies, including significant energy cost reductions. The company's comprehensive platform includes IAQ and comfort monitoring, advanced HVAC filtration, space utilization sensors, occupancy-based building controls, and real estate performance analytics. R-Zero's connected platform is engineered for ease of use, security, and scalability, empowering building owners, operators, and tenants to prepare their facilities for future challenges.
How much funding has R-Zero raised?
R-Zero has raised a total of $161.5M across 3 funding rounds:
Series A
$15M
Series B
$41.5M
Series C
$105M
Series A (2020): $15M with participation from HAX / SOSV, DBL Partners, and Bedrock Capital
Series B (2021): $41.5M led by World Innovation Lab
Series C (2023): $105M supported by Upfront Ventures, DBL Partners, Qualcomm Ventures, and BMO Financial Group
Key Investors in R-Zero
Upfront Ventures
Upfront Ventures is a venture capital firm based in Los Angeles that invests in technology businesses, with a focus on digital media, SaaS, consumer internet, and retail innovation, supporting startups and emerging companies.
DBL Partners
DBL Partners is an impact investment firm focused on private growth companies, particularly in Clean Tech, Information Technology, Sustainability-Oriented Products and Services, and Healthcare, aiming for both financial returns and positive community development.
Qualcomm Ventures
Qualcomm Ventures is a global corporate venture firm that invests in early to growth stage technology companies, providing access to technology, domain expertise, and a network to support scaling, with interests in AI, automotive, mobile, enterprise, and smart systems.
What's next for R-Zero?
The recent major strategic investment signals a pivotal growth phase for R-Zero. This significant capital infusion is expected to accelerate the company's expansion, likely focusing on enhancing its technological capabilities, broadening its market reach, and potentially exploring new strategic partnerships. The company's focus on optimizing building performance and energy efficiency positions it well to capitalize on the increasing demand for sustainable and intelligent built environments.
See full R-Zero company page
