202202 Nov

Zest AI Secures Growth Capital from Fintech Investors, Strategic Partners, and Customers to Advance the Next Generation of AI-Automated Underwriting

Summary

"Were working to build a better future for the financial services ecosystem where underwriting is swift, equitable, and frictionless across the United States," said Mike de Vere, CEO of Zest AI. "Zest AI plans to use the new funding to rapidly expand access to AI-automated credit underwriting for all lenders. In broadening access to this technology, Zest AI will fuel more accurate and consistent underwriting decisions leveling the playing field for all borrowers and fostering a more inclusive economy. Zests technology uses AI to identify, predict, and remove inherent biases and render more consistent and equitable lending decisions. Insights mission is to find, fund, and work successfully with visionary executives, providing them with right-sized, right-time practical, hands-on software expertise along their growth journey, from their first investment to IPO.

Source: Prnewswire

Funding

$50.6M
Amount
Nov 02 2022
Date
-
Investor
Zest AI
Company

Classifications

Companies