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Covington Advises Zest AI on $200 Million Growth Investment

Press Release

BRUSSELS/NEW YORK/PALO ALTO/SAN FRANCISCO/WASHINGTON—Covington advised Zest AI, a leader in AI lending technology, on its $200 million growth investment from global software investor Insight Partners to support the company's next phase of transformation. The growth capital will enable Zest AI to double down on its current product portfolio, continuing to advance fraud protection and generative AI – all to build the future of lending through AI.

The Covington team representing Zest AI was led by Brad Chernin and included Jack Bodner, Kathy Nguyen, Yan Wang, and Mel Kim (corporate), Brandon Palmen and Sam Watters (tech transactions), Jenna Wallace, Carolyn Rashby, Victoria Ha and Valerie Hughes (employment and employee benefits), Ansgar Simon and Sumaya Bouadi (tax), Lindsey Tonsager, Hensey Fenton and Jane Faulkner (privacy and cybersecurity), Marie Lavalleye and Rebecca Dalton (trademarks), Sibel Yilmaz, Stacy Kobrick and Leire Garagorri Eguidazu (antitrust and competition), Melanie Cook and Brent Little (finance) and Darren Teshima and Hakeem Rizk (insurance).

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