There’s AI, and then there’s ZestyAI. The difference? Most are still stuck zooming out with zone-based risk models while ZestyAI is laser-focused at rooftop level, crunching climate peril data with a microscope. While others estimate, ZestyAI knows, and that edge just got sharper.
On June 25, ZestyAI secured a $15 million credit facility from CIBC Innovation Banking. Not a victory lap, this is dry powder to go harder, deeper, and faster into one of the most complex, underwritten corners of the economy: climate risk modeling for the property and casualty (P&C) market. The world’s burning, literally, and the financial systems backing trillions in insured value can’t afford blind spots. That’s where ZestyAI steps in with clarity the size of a hurricane but precision down to the front porch.
Props to Founder and CEO Attila Toth and Co-Founder and Chief Product Officer Kumar Dhuvur, whose combined track record reads like the origin story of a fintech-noir thriller: PowerScout, C3 AI, McKinsey, Capital One, Wharton, Kellogg. Not to mention Michael Ulin, founding Data Science Lead and Head of Machine Learning, who brings a résumé that makes most CVs look like Yelp reviews. This team isn’t following the market, they’re building the road it drives on.
Backed by earlier rounds from Centana Growth Partners, Plug and Play Ventures, Blamar, and Brex Venture Debt, ZestyAI has now raised $71 million to date. And they’ve earned every penny with predictive precision that insurance carriers dream about and regulators trust. We’re talking bookings that tripled in 2021, $3 trillion in total insured value, and regulatory approvals across wildfire zones in California, Oregon, New Mexico, Utah, and storm markets from Texas to Indiana. When nearly half of the top 50 P&C insurers are in your contact list, you’re not pitching, you’re solving.
Z-FIRE™, Z-HAIL™, Z-STORM™, it sounds like an action movie franchise but it’s the tech that could determine your insurance premiums and your rebuild eligibility after nature hits reset. We’re not in the hypothetical here. These models pull from over 130 billion data points, using aerial, satellite, and LiDAR to turn climate risk into quantified reality. And now, the team’s eyeing new markets from mortgage servicing to asset management, anywhere per-property insights can untangle the chaos of our evolving planet.
This isn’t just an insurtech story. It’s a climate, capital, and compliance story rolled into one. If you’re a P&C carrier, a reinsurer, or a real estate portfolio manager clinging to spreadsheets and hope, ZestyAI just reminded you that it’s 2025 and your competition is already integrated.
