Tech Company Financing Transactions
Zest AI Funding Round
Zest AI closed a $50 million financing round on 11/3/2022. Investors included CMFG Ventures, Insight Venture Partners and CU Direct.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
CMFG Ventures (Lead Investor)
Insight Venture Partners (Lead Investor) (Lonne Jaffe)
Proceeds Purpose
The company intends to use the funds to expand access to AI-automated credit underwriting for all lenders.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3900 W Alameda Ave. 1600
Burbank, CA 91505
USA
Burbank, CA 91505
USA
Phone
Undisclosed
Website
Email Address
Overview
Zest AI makes the power of machine learning safe to use in credit underwriting. Lenders using Zest make better decisions and better loans -- increasing revenue, reducing risk, and automating compliance. Zest AI was founded in 2009 with the mission of making fair and transparent credit available to everyone and is now one of the fastest-growing fintech software companies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael de Vere
Chief Financial Officer
Belinda Dong
Chief Technical Officer
Jay Budzik
Vice President
Sean Kamkar
Vice President
Bruce Upbin
VP - Administration
Theodore Flo
VP - Bus. Development
Jose Valentin
VP - Client Services
Curtis Wagner
VP - Engineering
Kyle Wall
VP - Marketing
Sean McCarron
VP - Product Management
Nidhi Panday
VP - Sales
Joseph Hawkins
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Where The Data Comes From
We document every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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