Zest AI Secures $200M Growth Investment to Revolutionize AI Lending
Zest AI has built over 500 proprietary AI consumer credit models, helping lenders make data-driven decisions.
Company Name: Zest AI
Location: Burbank, CA
Industry: AI Lending Technology
Funding Details:
Amount: $200M
Investors: Insight Partners
Purpose of Investment:
The growth capital will support expanding Zest AI's product portfolio, advancing fraud protection, and enhancing generative AI capabilities to redefine the future of lending through AI-driven innovation.
Leadership:
CEO and Founder: Mike de Vere
Product:
Zest AI’s platform leverages AI to analyze thousands of data points, enabling smarter lending decisions while promoting equitable access to credit. Its flagship products include Zest Protect for fraud prevention and LuLu, a generative AI-powered lending intelligence tool that provides actionable insights using natural language prompts.
About the Company:
Zest AI has built over 500 proprietary AI consumer credit models, helping lenders make data-driven decisions. The company holds more than 50 patents and serves financial institutions managing $5.5 trillion in assets. With customers representing 110 million people, Zest AI has maintained over 50% annual growth while doubling its customer base yearly since 2020.
As part of its expansion, Zest AI’s strategic roadmap focuses on loan underwriting solutions, fraud protection, marketing, and data intelligence capabilities, ensuring its position as a market leader in lending AI technology.
