Tech Company Financing Transactions
Zesty.ai Funding Round
On 12/11/2018, Zesty.ai announced $13 million in Series A financing from Blamar and Plug and Play Ventures.
Transaction Overview
Company Name
Announced On
12/11/2018
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Blamar (Lead Investor) (Laszlo Bots)
Plug and Play Ventures (Ali Safavi)
Proceeds Purpose
The company will use the capital infusion to expand its data science, engineering and customer success teams and ingest additional proprietary data into its platform.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
331 Jefferson St.
Oakland, CA 94607
USA
Oakland, CA 94607
USA
Phone
Website
Email Address
Overview
Zesty.ai leverages Artificial Intelligence to help the trillion-dollar global property insurance industry better assess risk. We use the latest advancements in computer vision and deep learning on 115+Bn data points on residential and commercial properties to extract key building features to accurately model the potential impact of catastrophic and attritional loss events.
Management Team
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We do our best to report on tech company VC transactions. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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