Zest AI, a leader in credit underwriting software , recently announced a $15mn capital injection from Insight Partners. The investment will help Zest AI to further innovate, grow and foster customer success.
Moreover, the capital raised will also support Zest to drive more rigorous standards and technologies around algorithmic fairness, with the purpose of debiasing the consumer lending industry.
Zest Software helps lenders deploy models that reduce risk and drive growth. Moreover, it shrinks approval rate gaps among black, hispanic and white borrowers.
Source: Insight Partners