ZeroDown Raises $30M in Funding

zerodownZeroDown, a San Francisco, CA-based real estate startup, raised $30m in funding.

Backers included Goodwater Capital and Sam Altman.

The company is using the funds to expand operations.

Founded in 2018 by the Co-Founders of Zenefits, and led by Abhijeet Dwivedi, CEO, ZeroDown provides a platform that allows customers to buy a home in the Bay Area with no down payment.

To get started, buyers qualify with an online approval process, then choose a home which ZeroDown pays for. Customers can move in within seven days and have five years to build up credit toward their down payment.

The company also offers a 24/7 concierge service to connect customers with resources for everything from cleaning to maintenance and repairs.

FinSMEs

11/06/2019

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