Explode Africa
Mar 26, 2022

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Zesty.ai Receives $10M in Growth Capital

Zesty.aiVenture debt financing was granted to $10M to a San Francisco, CA-based company that provides predictive data analytics for the climate risk sector. Fintech company Brex provided the financing. The company plans on using the funds to expand in insurance and real estate financing, as well as asset management. Led by Attila Toth, Founder & CEO, Zesty.ai uses AI to deliver real-time assessments of climate risks associated with real estate assets and portfolios. The company’s technology considers a wide range of climate risks, including wildfires, wind and hail storms, floods and other catastrophic events, to help insurance companies underwrite and rate homeowners and commercial lines policies. Zesty.ai has many partners, including Amica, AON Berkshire Hathaway Berkshire Hathaway Berkshire Hathaway The California Fair Plan Cincinnati Financial Farmers Insurance and many more.

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