What is Zeller?
Founded in 2020, Zeller operates as a comprehensive financial services platform designed to empower businesses and individuals in managing their finances. The company offers an intuitive EFTPOS terminal, a free transaction account, and a fee-free debit card, streamlining payment processing and financial management. Zeller's integrated approach aims to simplify financial operations for its user base, positioning it as a key player in the Australian fintech sector.
How much funding has Zeller raised?
Zeller has raised a total of $136.5M across 4 funding rounds:
Angel/Seed
$6.3M
Series A
$19.4M
Unspecified
$38M
Series B
$72.8M
Angel/Seed (2020): $6.3M with participation from Square Peg
Series A (2021): $19.4M led by Addition, Lee Fixel, APEX Capital, and Square Peg
Unspecified (2021): $38M supported by Spark Capital
Series B (2022): $72.8M featuring Hostplus and Headline
Key Investors in Zeller
Spark Capital
Spark Capital is a venture capital firm known for investing in products by creators, with a focus across all sectors and stages, operating from San Francisco, Boston, and New York City.
Square Peg
Square Peg is a venture capital firm that invests in emerging technology companies within the internet economy across Australia and New Zealand, Southeast Asia, and Israel.
Addition
Addition is a global Manufacturing Technology company focused on providing advanced, efficient, and safe manufacturing equipment, systems, and technologies.
What's next for Zeller?
The recent major enterprise-level funding and strategic investment signal a pivotal growth phase for Zeller. This capital infusion is expected to fuel further product development, market expansion, and enhancement of its service offerings. The company is poised to leverage this financial momentum to solidify its market position and potentially explore new avenues for innovation within the financial technology space.
See full Zeller company page
