Zepto Raises $450 Mn At $7 Bn Valuation

by · Inc42

SUMMARY

  • The funding round was led by CalPERS and saw participation from existing investors including Avenir, Avra, Lightspeed, Glade Brook, the Stepstone Group, and Nexus Venture Partners
  • The round was a mix of primary and secondary capital, with primary transaction accounting for a large part
  • The funding round valued Zepto at $7 Bn, marking a jump from its $5 Bn valuation in late 2024