This technology company provides the ZetiOS operating system to deliver financial and operational insight for physical assets like transportation and energy equipment. The platform aggregates asset data to provide real-time performance information, helping customers identify value generation opportunities. This results in reduced manual administration and improved financial returns across asset portfolios.
Funding
$6.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HFounders
Product
Problem
Fleet operators face challenges in transitioning to zero-emission vehicles due to high upfront costs and a lack of flexible financing options tailored to the unique characteristics of electric vehicle fleets. Traditional vehicle financing models often fail to account for the long-term cost savings and environmental benefits associated with electric vehicles, creating a barrier to adoption.
Solution
Zeti offers a digital financing platform that facilitates the adoption of zero-emission vehicles by providing flexible repayment options and real-time financial and sustainability reporting. The platform utilizes patent-pending technology to enable fleet operators to transition to electric vehicles with a payment model similar to a utility, where costs are aligned with vehicle usage and performance. Zeti's platform also provides lenders with a way to invest in clean, connected vehicle fleets, offering attractive, risk-adjusted returns in a new clean asset class.
Target Audience
Zeti's primary customers include fleet operators looking to transition to zero-emission vehicles, institutional lenders seeking to invest in clean transportation assets, and vehicle manufacturers aiming to boost sales of electric vehicles.
Features
- Flexible repayment options aligned with vehicle usage and performance
- Real-time financial and sustainability reporting for fleet operators and lenders
- Automated invoicing and payment collection
- Platform for institutional lenders to invest in clean vehicle fleets
- Sales enablement tool for vehicle manufacturers to offer flexible payment solutions
- Monitoring of kilograms of CO2 and NOx avoided