Zest AI
Latest round
- Series F
Last raised
- Nov 2022
Total raised
- $119M
Investors
- 15
About Zest AI
Zest AI, based in the US, develops advanced machine learning solutions that enhance lending processes for financial institutions, focusing on automation and equitable access to credit. Founded in 2009 and headquartered in Burbank, California, Zest AI specializes in machine learning technologies that transform lending operations. Zest AI specializes in advanced artificial intelligence solutions designed to enhance the lending processes for financial institutions. Their core offerings include AI-driven underwriting technology, fraud detection systems, and lending intelligence tools, which collectively aim to automate decision-making, improve risk management, and ensure equitable access to credit. Zest AI's technology allows lenders to streamline their operations by automating pre-screens and pre-qualifications, achieving auto-decisioning rates between 70-83%. The platform serves a diverse clientele, including credit unions, banks, and specialty lenders, focusing on fostering equitable lending practices across various demographic groups. Zest AI's solutions are employed primarily in the United States, with potential outreach to other global markets as they expand their client base. Zest AI generates revenue through subscription-based models and partnerships with financial institutions, enabling them to integrate AI capabilities into their lending processes. Clients typically engage with Zest AI for ongoing support and access to their suite of products, which enhance operational efficiency and decision accuracy. The company’s flagship services, such as AI-automated underwriting and lending intelligence, form the backbone of these transactions, providing significant value to their clients. As financial institutions seek to modernize their processes amid evolving market conditions, Zest AI's offerings position them as a leader in providing intelligent automation solutions tailored for the lending sector.
Who invested in Zest AI
15 investors across 6 rounds
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Questions about Zest AI
Who invested in Zest AI?
Zest AI has 15 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Zest AI raised?
Zest AI has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Zest AI last raise money?
Zest AI's most recent round on record is a Series F, in Nov 2022.
What does Zest AI do?
Zest AI, based in the US, develops advanced machine learning solutions that enhance lending processes for financial institutions, focusing on automation and equitable access to credit.
Where is Zest AI headquartered?
Zest AI is headquartered in Burbank, US.
Which VCs invest in companies like Zest AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Zest AI's stage. Their profiles are linked below.
VCs backing software startups at Series F
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