What is ZeroCater?
ZeroCater is a San Francisco-based company specializing in providing comprehensive corporate catering and office snack services. Catering to businesses of all sizes, ZeroCater aims to enhance workplace culture and employee satisfaction through high-quality food solutions. The company's operational model focuses on streamlining the process of office dining, making it efficient and accessible for businesses seeking to provide premium amenities for their staff.
How much funding has ZeroCater raised?
ZeroCater has raised a total of $36.6M across 6 funding rounds:
Private Equity
$1.5M
Series A
$4.1M
Series B
$12M
Debt
$2M
Debt
$2M
Series C
$15M
Private Equity (2011): $1.5M with participation from SV Angel
Series A (2016): $4.1M led by Struck Capital and Romulus Capital
Series B (2018): $12M supported by Cleveland Avenue LLC
Debt (2020): $2M featuring PPP
Debt (2021): $2M backed by PPP
Series C (2023): $15M with participation from REMUS Capital and Cleveland Avenue
Key Investors in ZeroCater
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
REMUS Capital
Remus Capital is an investment firm that focuses on unconventional strategies and opportunities, aiming to challenge the status quo. The company seeks to partner with like-minded individuals who are willing to take risks and think differently.
Cleveland Avenue
Cleveland Avenue is a global venture capital firm that invests in lifestyle consumer brands and technology companies that disrupt large markets. They provide financial resources, expertise, and holistic business support to help portfolio companies grow and innovate.
What's next for ZeroCater?
The recent major strategic investment signifies a pivotal moment for ZeroCater, likely enabling the company to accelerate its expansion, enhance its service offerings, and further solidify its market position. This capital infusion is expected to fuel innovation in its platform and operational capabilities, potentially leading to new market entries or deeper penetration into existing ones. The company's history of diverse funding types, including private equity, debt, and multiple venture rounds, suggests a robust financial strategy geared towards sustainable growth and market leadership.
See full ZeroCater company page
