Regulatory Zest

Expanding Regulatory & Government Affairs

ZestyAI's Regulatory team has formally expanded into Regulatory & Government Affairs, reflecting a broader and more strategic role.

These are the four key areas:

1. Product Approval & Enablement

‍End-to-end filing strategy support, leveraging ZestyAI's Rate Service Organization (RSO) licenses to streamline approvals and reduce time to market.

2. Regulatory Policy & Standards

Monitoring and interpreting emerging state and NAIC requirements, and translating them into actionable guidance for product development and filings.

3. Government & External Affairs

Building trusted relationships with regulators and policymakers to drive alignment on AI-driven risk models.

4. Technical Leadership & Education‍

Delivering transparent, technically rigorous explanations of ZestyAI models to support regulatory review and build industry understanding.

This expanded scope enables ZestyAI to serve not just as a model provider, but as a strategic partner in navigating an increasingly complex regulatory environment.

‍

ZestyAI enables end-to-end compliance through a unified platform:

• Mitigation Integration — Z-FIRE incorporates defensible space, structure characteristics, vegetation, wildfire history, and fuel exposure directly into risk scoring.
• Consumer Transparency & Disclosures — Scores, ranges, relative position, key drivers, and mitigation impacts are delivered via API and Z-VIEW for clear, plain-language communication.
• Appeals & Governance — Z-VIEW provides a structured appeals workflow with audit trails, data correction, and regulator-ready documentation aligned with 10/30-day requirements.
• Filing & Model Transparency — Full support for filing documentation, including model methodology, rate impact analysis, and underwriting integration.‍
• Ongoing Policyholder Engagement — Quarterly imagery refresh and scenario planning ensure mitigation actions are continuously reflected in risk assessments.

The new funding comes at a time of record growth for Zesty.ai with its climate risk products being used to protect over $3 trillion in assets

San Francisco, CA, July 19, 2022 - ZestyAI, the leading provider of property risk analytics solutions powered by Artificial Intelligence (AI), today announced the closing of $33M in funding, in conjunction with their Series B led by Centana Growth Partners, a growth equity fund with deep experience in financial and insurance technology. Current investors and Brex also participated in the oversubscribed round with equity and debt. ZestyAI will use the new capital to expand the breadth of its existing products within insurance and develop new products for the real estate market.

The funding comes at a time of record growth for ZestyAI, whose revenue grew in excess of 200 percent last year. ZestyAI partners with about half of the top 50 property and casualty insurance carriers in the U.S. to underwrite and rate homeowners and business insurance with high precision. The Company’s climate risk products, which include Z-FIRE™ — a predictive AI wildfire risk model trained on decades of historical loss data, have seen widespread regulatory approval and commercial adoption across all states in the US. Insurance leaders like Amica, Aon, Berkshire Hathaway, Cincinnati Insurance, Farmers Insurance, The California FAIR Plan and many others are making ZestyAI’s models an important part of their risk management strategies. 

“ZestyAI’s rapid customer growth and the regulatory momentum behind their models is a clear reflection of the return on investment that they deliver to their customers,” said Ben Cukier, Partner at Centana Growth Partners. “ZestyAI has a novel approach to looking at real estate through artificial intelligence and has forged a path for forward-thinking customers to stay ahead of risk. We’re proud to support ZestyAI as they continue to establish themselves as the market leader in AI-driven property risk and value analytics.” 

The funding will fuel ZestyAI's expansion as it grows the scope of its property and climate risk products, scales its go-to-market motion, and builds real estate solutions designed specifically for mortgage, property, and asset management. This represents a natural extension of ZestyAI's core mission in insurance, which is to leverage cutting-edge technologies like AI and computer vision to help protect families, communities, and their financial well-being.

“Real estate is the world’s largest store of wealth with more than $300 Trillion in global assets, but unfortunately the way the world understands value and risk in real estate is based on outdated inspections and decades-old risk maps. That analog view of real estate has been especially apparent in trying to understand the impact of climate risk on property value,” said Attila Toth, Founder and CEO of ZestyAI. “ZestyAI digitally transforms the world’s understanding of real estate by using Artificial Intelligence to build best-in-class predictive models that deliver risk and value insights at the individual property level. We want to thank our customers and investors for their partnership, as well as our highly-talented team of Zesties for working tirelessly to deliver on our customer commitments while protecting the livelihood of people and their communities.” 

About ZestyAI 

ZestyAI offers insurers and real estate companies access to precise intelligence about every property in North America. The company uses AI, including computer vision, to build a digital twin for every building in North America, encompassing 200B property insights accounting for all details that could impact a property’s value and associated risks, including the potential impact of natural disasters. Visit https://zesty.ai for more information.

About Centana Growth Partners

Centana Growth Partners is a specialized growth equity firm that invests in the future of financial services. We collaborate with companies across the entire financial services ecosystem, from institutions to fintech disruptors, to add strategic and long-term value to our portfolio companies. We empower entrepreneurs with a combination of capital, network, and expertise to accelerate the growth of our portfolio companies. The Centana team taps into decades of financial services expertise and insight to invest in companies that bring real value and innovation to the industry.

Filing Strategy: Scaling Adoption of Risk Models

ZestyAI continues to advance a proactive, scalable filing strategy focused on accelerating adoption of all of our models.

Across all programs, ZestyAI’s approach emphasizes:

• Clear documentation of model methodology and validation
• Alignment with state-specific regulatory requirements
• Reusable filing artifacts to improve speed and consistency
• Early and direct engagement with regulators to streamline review

‍