ZeroDown

San Francisco, CA, USA PropTech Acquired

ZeroDown was a San Francisco-based proptech and fintech startup founded in 2018 by former Zenefits executives Abhijeet Dwivedi, Laks Srini, and Hari Viswanathan. The company originally launched a rent-to-own program designed to remove down payment and mortgage qualification barriers for buyers in high-cost markets like the Bay Area: ZeroDown would purchase a home on the customer's behalf, lease it to them for up to five years, and credit a portion of the monthly payments toward an eventual purchase. After raising $30 million in equity from Sam Altman and Goodwater Capital and $100 million in debt from Credit Suisse, the company pivoted away from sale-leaseback and rebuilt itself around an AI-powered home search portal aimed at competing with Zillow and Redfin. ZeroDown graduated from Y Combinator's W19 batch and was acquired by Flyhomes in January 2024; co-founders Laks Srini and Abhijeet Dwivedi joined Flyhomes as CTO and Chief Growth Officer, respectively.

Acquired

ZeroDown has been acquired

Acquired by Flyhomes January 2024 Undisclosed

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Employees

11–50

Total Funding

$130M

2 rounds

Latest Valuation

$0.15B

August 26, 2019

Funding

Total raised $130M across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-19-2026

Latest Round

Type

Debt Financing

Date

August 26, 2019

Amount

$100M

Valuation

Lead Investors

Credit Suisse
DateRoundAmount RaisedValuationLead Investors
August 26, 2019 Debt Financing $100M Credit Suisse
May 20, 2019 Seed / Series A (equity) $30M Sam Altman, Goodwater Capital

Prominent Investors

Credit Suisse Credit Suisse

Leadership

  • Abhijeet Dwivedi

    Co-Founder & CEO (became Chief Growth Officer at Flyhomes post-acquisition)

  • Laks Srini

    Co-Founder & CTO (became CTO at Flyhomes post-acquisition)

  • Hari Viswanathan

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Flyhomes

    Seattle-based homebuying platform offering cash-offer programs and tech-enabled brokerage; ultimately acquired ZeroDown in 2024.

  • Divvy Homes

    Rent-to-own startup that purchases homes on behalf of customers and builds purchase credits toward ownership, directly competing with ZeroDown's original model.

  • Landis

    Rent-to-own platform helping renters become homebuyers by purchasing the home and leasing it back while the customer improves credit and saves a down payment.

  • Zillow

    Publicly traded real estate marketplace and search portal; primary competitor to ZeroDown's post-pivot AI home-search product.

  • Redfin

    Publicly traded technology-powered real estate brokerage and listing search portal, competing with ZeroDown's home-search product.

  • Opendoor

    Publicly traded iBuyer offering instant home purchase and resale; broader proptech competitor in the homebuying technology space.

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