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Zest AI IPO

$276.92MM

Series F-1 Valuation, Nov 2022

Artificial Intelligence

Buy And Sell Zest AI StockLearn More About Zest AI StockAdd To Watchlist

Zest AI IPO date and status

2009

Founded

IPO Mentioned

Confidential Filing

S-1 Filed

IPO

Company details

Zest AI is a fintech company leveraging the power of machine learning to enhance credit underwriting, allowing lenders to make better decisions and better loans.

zest.ai

Sector

Fintech

Subsector

Lending

Founded

2009

Headquarters

Burbank, CA, United States

Forge Price ¹

Price not yet available

Market Activity ²

Limited

Last Matched Price

Get Full Access

Post-Money Valuation ³

$276.92MM

Total Funding

$186.63MM

Last Funding Round

Series F-1

Learn more about Zest AI

To invest in Zest AI pre-IPO

Can you invest in Zest AI pre-IPO?

Zest AI is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of Zest AI before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Zest AI is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Zest AI shares?

To explore the value of your Zest AI shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Zest AI a publicly traded company?

Zest AI is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Zest AI potential IPO

Will Zest AI go IPO?

Zest AI has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Zest AI’s IPO price?

The Zest AI IPO price does not exist at this time, as Zest AI is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Zest AI, register for Forge today.

When was Zest AI founded?

Zest AI was founded in 2009.

What is Zest AI funding to date?

Zest AI has raised $186.63MM to date.

Zest AI pre-IPO valuation and funding rounds

Funding history chart

Funding round and deals details

	Funding Date	Round	Amount Raised	Price per Share	Post-Money Valuation ³	Key Investors
	11/02/2022	Series F-1	$50.61MM	$2.36	$276.92MM	Cmfg Ventures, Cu Direct, Curql, Golden1credit Union, Hawaii Usa Federal Credit Union, Insight Partners, Northgate Capital, Suncoast Credit Union
Price per Share $ xx.xx Shares Outstanding 21,421,956 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Cmfg Ventures, Cu Direct, Curql, Golden1credit Union, Hawaii Usa Federal Credit Union, Insight Partners, Northgate Capital, Suncoast Credit Union
	11/02/2022	Series F-2	$5.34MM	$2.10	$276.92MM	Cmfg Ventures, Cu Direct, Curql, Golden1credit Union, Hawaii Usa Federal Credit Union, Insight Partners, Northgate Capital, Suncoast Credit Union
Price per Share $ xx.xx Shares Outstanding 2,546,755 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Cmfg Ventures, Cu Direct, Curql, Golden1credit Union, Hawaii Usa Federal Credit Union, Insight Partners, Northgate Capital, Suncoast Credit Union
	06/24/2021	Series F-3A	$14.18MM	$1.87	$170.84MM	First National Bank Of Omaha, Northgate Capital, Vystar Credit Union
Price per Share $ xx.xx Shares Outstanding 7,571,339 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors First National Bank Of Omaha, Northgate Capital, Vystar Credit Union
	06/24/2021	Series F-3B	$5.46MM	$1.87	$170.84MM	First National Bank Of Omaha, Northgate Capital, Vystar Credit Union
Price per Share $ xx.xx Shares Outstanding 2,916,205 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors First National Bank Of Omaha, Northgate Capital, Vystar Credit Union
	10/20/2020	Series E	$15MM	$1.14	$88.49MM	Insight Partners, Lightspeed Capital, Matrix Partners, Upfront Ventures
Price per Share $ xx.xx Shares Outstanding 13,184,495 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Insight Partners, Lightspeed Capital, Matrix Partners, Upfront Ventures
	07/18/2016	Series D	$31.37MM	$4.02	$251.38MM	Baidu
Price per Share $ xx.xx Shares Outstanding 7,800,000 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Baidu
	07/31/2013	Series C	$21.37MM	$3.68	$185.97MM	Eastward Capital Partners, Kensington Capital Holdings, Lightspeed Venture Partners, Matrix Partners, Northgate Capital, Peter Thiel
Price per Share $ xx.xx Shares Outstanding 5,814,410 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Eastward Capital Partners, Kensington Capital Holdings, Lightspeed Venture Partners, Matrix Partners, Northgate Capital, Peter Thiel
	01/19/2012	Series B	$28.68MM	$2.42	$118.36MM	Flybridge Capital Partners, Grp Partners, Lighthouse Capital Partners, Lightspeed Venture Partners, Matrix Partners
Price per Share $ xx.xx Shares Outstanding 11,851,090 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Flybridge Capital Partners, Grp Partners, Lighthouse Capital Partners, Lightspeed Venture Partners, Matrix Partners
	12/31/2010	Series A	$14.62MM	$1.44	$36.54MM	Flybridge Capital Partners, Grp Partners, Lighthouse Capital Partners, Lightspeed Venture Partners
Price per Share $ xx.xx Shares Outstanding 10,158,096 Liquidation Pref Order 2 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Flybridge Capital Partners, Grp Partners, Lighthouse Capital Partners, Lightspeed Venture Partners

Zest AI IPO news and media highlights

Business Wire 10/21/2019

ZestFinance Announces Rebrand to Zest AI

ZestFinance, the leader in artificial intelligence software for credit, today announced the company’s rebrand to Zest AI. With the company celebrating its 10th anniversary this year, the company remains committed to its original mission: making fair and transparent credit available to everyone.

PaymentsSource 07/19/2019

ZestFinance brings AI-powered underwriting to Brazil's Via Varejo

ZestFinance is bringing its machine learning software ZAML to Brazilian retailer Via Varejo and its digital banking subsidiary Banqi to power the credit underwriting for Varejo’s “carnês” point-of-sale microfinance lending product.

PR Newswire 03/19/2019

Study Finds 70% of Americans Would Share More Personal Data for Fairer Credit Decisions

LOS ANGELES, March 19, 2019 /PRNewswire/ -- New research from the Harris Poll and ZestFinance shows deep dissatisfaction among most Americans with the...

Forbes 03/19/2019

ZestFinance Using AI To Bring Fairness To Mortgage Lending

ZestFinance rolled out a new tool that enables lenders to test their models to ensure they are no biased or discrimination built in.

Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Fintech

Subsector: Lending

Trade Metrics				Last Funding Round
Company		Forge Price	Last Matched	Round	Post-Money Valuation ³	Price Per Share	Amount Raised
	Kraken	$36.52 -$1.91 (4.97%)	$ xx.xx	Series D	$20B	$61.47	$200MM
	Uphold	$2.40 +$0.80 (50.00%)	$ xx.xx	Not available	--	--	--
	Chia	Not available	$ xx.xx	Series D	$458.07MM	$21.21	$61MM
	DriveWealth	Not available	$ xx.xx	Series D-1	$2.85B	$25.18	$449.89MM
	Razorpay	Not available	$ xx.xx	Not available	--	--	--
	Lendbuzz	Not available	$ xx.xx	Series D-1A	$1.07B	$16.65	$1.53MM
	Blockchain.com	Not available	$ xx.xx	Not available	--	--	--

See Tech IPO Calendar

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company	Forge Price	Market Activity	Last Matched
Anthropic	$259.14 -$13.84 (5.07%)	High	$xxx.xx
OpenAI	$723.12 +$0.12 (0.02%)	High	$xxx.xx
SpaceX	$587.07 +$6.05 (1.04%)	High	$xxx.xx
Anduril	$107.59 +$2.77 (2.64%)	High	$xxx.xx
Databricks	$197.65 -$0.01 (0.01%)	High	$xxx.xx

See All Actively Traded Companies

Artificial Intelligence (AI)

Company	Forge Price	Market Activity	Last Matched
Anthropic	$259.14 -$13.84 (5.07%)	High	$xxx.xx
OpenAI	$723.12 +$0.12 (0.02%)	High	$xxx.xx
Anduril	$107.59 +$2.77 (2.64%)	High	$xxx.xx
Databricks	$197.65 -$0.01 (0.01%)	High	$xxx.xx
Perplexity	$69.54 +$6.59 (10.47%)	High	$xxx.xx

See All AI Companies

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Updated on: Jul 16, 2025

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