ZenOwn secures post-seed round funding to scale its post-purchase solutions

ZenOwn is an innovative Swiss start-up with a vision of creating the world's most successful product management platform. The B2B2C startup makes registration rates for brands possible that are 4-10X higher is the industry standard. They are currently working with 26 leading companies across Europe and the US, including 3 of the top 100 global consumers brands.

The company has also been in full stealth mode building a ground-breaking embedded insurance solution in co-operation with leading European insurance groups and insurtechs. This solution delivers the fastest offline product insurance in the world enabling consumers to purchase product protection in less than 90 seconds. The product will initially launch in Germany and Switzerland with further expansion plans for across Europe in the coming two years.

The oversubscribed round was backed by renowned investors with participation from SICTIC, daFUND, Century Oak, Suricate Ventures, Johan Ahlström, and other renowned business angels.

SICTIC investor, Ramon Forster says “ZenOwn has what is needed to scale: a product that greatly simplifies the post-purchase process for consumers, retailers and brand partners, strong traction with top brands, and a passionate team poised to tackle all the challenges to come. That’s why they closed their post-seed round oversubscribed in no time - and that’s why I’m proud to be part of it.”

Darko Butina, General Partner of daFUND adds “Post-purchase experience presents the holy grail for all stakeholders in the retail industry. And we are excited to become investors in ZenOwn. We believe the start-up is perfectly positioned as one of the leaders in the space with the solutions the company’s capable team developed and already implemented with the first major brands.”

Co-Founder, Blaz Bevc sums the path so far “ZenOwn was initially launched as a B2C solution, which enabled us to gain the unique insights by putting the consumer front and center. As we launched our B2B2C solution in 2022, we leveraged those user insights in turn enabling our brand partnerships to improve their engagement results by 400 to 1000%. In parallel, we worked and pre-launched B2B2C insurance offering, which saw immediate interest from consumers, insurance groups brands and retailers. We have more than 400 stores on the waiting list ahead of the launch!”

(Press release / SK)
Picture: ZenOwn founders Ladislav Klink and Blaz Bevc (right).