What is ZeroDown?
ZeroDown is revolutionizing the real estate sector, initially focusing on the Bay Area market. The company offers a streamlined online approval process, enabling customers to select a home, move in within seven days, and accumulate credit towards their down payment over a five-year period. Established in 2018 by the Co-Founders of Zenefits, ZeroDown aims to simplify homeownership and build equity through a unique rent-to-own model.
How much funding has ZeroDown raised?
ZeroDown has raised a total of $30M across 1 funding round:
Other Financing Round
$30M
Other Financing Round (2019): $30M with participation from Goodwater Capital and Sam Altman
Key Investors in ZeroDown
Goodwater Capital
Goodwater Capital is a consumer tech investment firm focused on empowering entrepreneurs. They invest in innovative companies across financial services, retail, and healthcare, backing brands that serve millions globally and drive economic impact through consumer technology.
Sam Altman
Sam Altman, a prominent figure in the tech industry, has invested in ZeroDown, signaling confidence in the company's disruptive potential within the real estate market.
What's next for ZeroDown?
The substantial enterprise-level funding and strategic investment indicate ZeroDown is poised for significant scaling and market expansion. This capital infusion will likely fuel further technological development, enhance customer acquisition efforts, and potentially broaden its geographic reach. The company's focus on credit building for down payments addresses a key barrier to homeownership, positioning it for sustained growth in the competitive proptech landscape.
See full ZeroDown company page
