What is Zero?
Founded in 2019, Zero Grocery distinguishes itself by offering a plastic-free shopping experience for groceries, home, and personal care items, delivered directly to consumers. The company's commitment to sustainability addresses a growing market demand for eco-conscious consumption. This enterprise-level funding is poised to accelerate Zero's expansion and enhance its operational capabilities within the competitive online retail landscape.
How much funding has Zero raised?
Zero has raised a total of $12M across 1 funding round:
Angel/Seed
$12M
Angel/Seed (2022): $12M with participation from Sway Ventures
Key Investors in Zero
Sway Ventures
Sway Ventures is a venture capital firm that invests in transformative innovations, supporting industry-disrupting founders from inception to exit. The firm focuses on four foundational industries: Finance, Real Estate, Retail, and Supply Chain. Sway Ventures typically provides initial funding at the pre-seed or seed stages and offers ongoing support as companies grow and raise additional rounds. With nearly a decade of experience, Sway Ventures has invested in over 65 companies, aiming to back ambitious teams poised to lead their industries.
What's next for Zero?
The recent major strategic investment signals a pivotal growth phase for Zero. This capital infusion is expected to fuel further development of its logistics infrastructure, expand its product offerings, and potentially broaden its geographic reach. The company's focus on a plastic-free model positions it favorably to capture market share among environmentally aware consumers, suggesting a trajectory towards scaling operations and solidifying its position as a leader in sustainable delivery services.
See full Zero company page
