Zinnia, a life and annuity (L&A) insurance technology company, has secured $300m in financing from Vista Credit Partners, the private credit subsidiary of Vista Equity Partners focused on the enterprise software, data, and technology markets.
The new financing will be used to accelerate Zinnia’s go-to-market strategy.
Zinnia delivers end-to-end solutions that power over 50% of the digital annuity volume in the US. According to a press statement, having grown substantially over the last 24 months, Zinnia’s solutions enable carriers to launch products rapidly, deploy them through multi-channel distribution, and deliver modern digital experiences.
