Zest AI secured $200 million in a growth investment led by Insight Partners to develop products and pursue mergers and acquisitions.

Dec 13, 2024•8 months ago

Amount Raised

$200 Million

Los Angeles

Investors

FlybridgeUpfront VenturesMatrixLightspeed Venture PartnersSuncoast Credit UnionNorthgate CapitalTru Stage VenturesInsight Partners

Description

Zest AI, which specializes in AI-powered credit scoring and underwriting solutions, has announced a $200 million growth investment led by Insight Partners. The funding will be used to further develop its products and pursue potential mergers and acquisitions, reflecting the company's strong position in the current AI landscape.

Company Information

Company

Zest AI

Location

Los Angeles, California, United States

About

Zest AI is a tech company on a mission to make fair and transparent credit accessible for everyone. Since 2009, we’ve worked with financial institutions to provide AI-driven credit solutions to their borrowers. Today we work with all types of lenders — but especially credit unions — to democratize underwriting automation and equitable credit decisioning. Learn more at Zest.ai and connect with us on Twitter and LinkedIn.

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