InsurTech startup ZestyAI raises $15M to scale its AI-powered risk analytics platform - Tech Startups

InsurTech startup ZestyAI raises $15M to scale its AI-powered risk analytics platform - Tech Startups

ZestyAI, an insurtech startup that helps property and casualty insurers assess risk using AI, just landed a $15 million credit facility from CIBC Innovation Banking. The new capital gives the company more financial headroom as it pushes for broader adoption […] The post InsurTech startup ZestyAI raises $15M to scale its AI-powered risk analytics platform first appeared on Tech Startups.

InsurTech ZestyAI secures $15m credit facility from CIBC

ZestyAI, a US-based InsurTech firm focused on AI-driven risk analytics for property and casualty insurers, has secured a $15m credit facility from CIBC Innovation Banking. The funding will support ZestyAI’s expansion and strengthen its balance sheet as the company scales its property and climate risk models. In 2024, it delivered more than 31 million property assessments and is projected to surpass 50 million in 2025. ZestyAI’s platform combines…