Zest AI Analysis: $319M Raised
What is Zest AI?
AI-powered lending solutions for financial institutions
Employees
201-500
Founded
2009
HQ Full Address
3900 W Alameda Ave, Burbank, California 91505, United States
Latest Funding Round Size
$319M
Market Position
Leader
Product Features & Capabilities
- AI-Automated Underwriting
- AI Fraud Detection
- Lending Intelligence
- LuLu Pulse
- LuLu Strategy
- Your Success Plan
How much Zest AI raised
Funding Round - $319M
RecentOther Considerations
Raised $200M growth investment from Insight Partners; Named one of CNBC’s 2025 World’s Top FinTech Companies; Over 600 active models in use; Partnerships with Temenos for loan origination integration
Awards Recognition
Zest AI has received several notable awards and recognitions in the AI field, including:
1. The 2021 Finovate Award for Best Use of AI/ML.
2. Recognition in Fast Company's 2021 Next Big Things in Tech Awards for its Fairness Kit.
3. Ranked 318 on the Deloitte Technology Fast 500™ in 2024.
4. Winner of the 2024 CU Times Luminaries Award for Third Party Product Innovation.
1. The 2021 Finovate Award for Best Use of AI/ML.
2. Recognition in Fast Company's 2021 Next Big Things in Tech Awards for its Fairness Kit.
3. Ranked 318 on the Deloitte Technology Fast 500™ in 2024.
4. Winner of the 2024 CU Times Luminaries Award for Third Party Product Innovation.
Future Outlook
Zest AI's outlook for the AI industry in 2025 emphasizes the importance of leveraging AI to enhance lending practices. They are focusing on innovative strategies and economic insights to help financial institutions thrive. Their recent introduction of LuLu Pulse, a generative AI tool, aims to provide credit unions with access to industry data for better lending decisions. This indicates a strong belief in the growth and integration of AI technologies in the banking sector by 2025.
