Zinnia Receives $300M in Strategic Financing from Vista Credit Partners

Zinnia, a Greenwich, CT-based life and annuity (L&A) insurance technology company, raised $300M in strategic financing from Vista Credit Partners.

The company intends to use the funds to accelerate its go-to-market strategy.

Led by CEO Michele Trogni, Zinnia, an Eldridge Industries business, optimizes L&A insurance by delivering comprehensive technology solutions for the industry’s needs, enabling carriers and distributors to build, sell, and service insurance, ultimately helping more people get the coverage they need and the service they deserve.

Leveraging its strategic acquisition of Ebix’s Life and Annuity assets earlier this year, Zinnia is now more deeply embedded with distribution partners across the industry, delivering seamless experiences for advisors, consumers, and carriers.

FinSMEs

15/10/2024