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 ai powered insurtech startup zesty


AI Powered InsurTech Startup Zesty.ai Raises $13 Million

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Zesty.ai, a San Francisco Bay Area-based artificial intelligence startup, recently announced the closing of its Series A funding exercise of $13 million. Blamar, a private investment fund located in Luxembourg, led the funding exercise. Plug & Play Ventures among other existing investors also took part in the exercise, which showed their continued support for the company. The financing round acknowledges the position of Zesty.ai as an innovative leader in the ongoing massive digital transformation, particularly in the global insurance industry. The artificial intelligence (AI) startup has created advanced computer vision technology by using aerial imagery and satellite coupled with structured data sources to assist in capturing numerous data points not only on buildings but also their surroundings without having to set foot on such premises.