ZSuite Technologies

What ZSuite Technologies does

ZSuite Technologies, Inc. is a Boston, Massachusetts-based B2B SaaS company founded in 2019 that builds digital escrow, subaccounting, and rent collection software for US community banks and credit unions. The company originated as an internal build at Leader Bank before being spun out as an independent entity, and it now serves 130+ financial institutions across the United States. Its product portfolio is anchored by ZEscrow, a digital commercial escrow and subaccounting platform that supports specialized verticals including property managers, law firms, municipalities, and 1031 exchanges, and is complemented by ZRent (automated online rent collection for landlords, property managers, and HOAs) and ZDeposit (online security deposit account opening and compliance). The platform is delivered as cloud-native SaaS on AWS with an API-first architecture and is integrated with the dominant US banking technology stacks — Q2, Fiserv (AppMarket), Jack Henry, FIS, COCC, CSI, Finastra, Finxact, Bankjoy, Bottomline, and Narmi — alongside native DocuSign integration for document workflows.

ZSuite generates revenue primarily through subscription SaaS contracts with financial institutions, priced on a quote basis with annual and multi-year billing tied to institution size and selected product modules. Go-to-market combines direct enterprise field sales to larger regional banks and a channel-partner model in which community banks and credit unions distribute ZSuite's products downstream to their commercial customers (property managers, landlords, law firms, municipalities). Marketing is supported by case studies (Leader Bank, municipality, 1031 exchange), webinars, podcasts, and event presence including the ICBA ThinkTECH Accelerator program. The company maintains SOC 2 Type II and SOC 1 Type II certifications, both of which are required for institutional bank procurement.

As of the most recent public information, ZSuite had raised approximately $17M in total funding — a $6M seed round from Leader Bank in 2019 and an $11M Series A led by S3 Ventures (with JAM FINTOP) in August 2022 — and is led by CEO Jill Feiler, with founder Jay Tuli as Chairman. Recent strategic additions include Chief Revenue Officer Aaron Coleman (October 2025) and Chief Product and Technology Officer Brian Noyle (December 2025), suggesting a build-out of go-to-market and product engineering functions ahead of the company's next phase of scaling.

Name

ZSuite Technologies

Legal name

ZSuite Technologies, Inc.

Website

https://zsuitetech.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

ZSuite Technologies is a Boston-based B2B SaaS company providing digital escrow, subaccounting, and rent collection software to 130+ US community banks and credit unions through its ZEscrow, ZRent, and ZDeposit cloud platforms.

Ownership category

akta.pro rank

Product category

Banking Technology Software

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Loan Servicing & Special Servicing (Delinquency Management) (FSAKAJAG)

Keywords

• Digital escrow software
• Subaccounting automation
• Rent collection platform
• Deposit growth solutions
• Community banking technology

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription - Financial Institutions: Recurring SaaS subscription revenue model where financial institutions pay for access to ZEscrow, ZRent, and ZDeposit platforms. Revenue is subscription-based with recurring annual or multi-year contracts.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels8 records

Core offering

ZSuite Technologies provides a SaaS platform that enables community banks and credit unions to offer digital commercial escrow, subaccounting, and rent collection services to their commercial clients. The platform includes ZEscrow for managing complex escrow accounts and compliance, ZRent for automated rent collection for landlords and property managers, and ZDeposit for deposit account opening and growth.

Product overview

ZSuite Technologies provides a suite of digital commercial banking products for financial institutions, organized as a platform-plus-modules architecture. The core platform is ZEscrow, a comprehensive digital escrow and subaccounting solution that enables banks to manage complex multi-party accounts for commercial verticals. This is complemented by ZRent, an automated rent collection service, and ZDeposit, an online security deposit account opening platform. All products are designed exclusively for financial institutions and their commercial clients, providing compliance automation, interest tracking, and subaccount management capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• ZEscrow: Digital commercial escrow and subaccounting platform for financial institutions, designed for specialized verticals including property managers, municipalities, law firms, and 1031 exchanges.
• ZRent

Products and services

• ZEscrow Digital commercial escrow and subaccounting platform that enables financial institutions to manage complex escrow accounts, subaccounts, interest tracking, and compliance for commercial clients including property managers, law firms, municipalities, and 1031 exchanges.
• ZRent Fully automated online rent collection service for landlords, property managers, HOAs, and others, offering features such as roommate sharing, descriptive ACH transactions, robust reporting, and payment forecasting.
• ZDeposit Online account opening platform for security deposit collection and compliance regulation, providing transparency between tenants and landlords while facilitating compliance with state laws.

Quantifiable outcome

• 88% growth in clients from 2019 to 2020
• +4 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

16 partnerships are on record, tiered flagship, core and minor.

• Leader BankflagshipStrategic or Co-development PartnerStrategic partner for ZEscrow product development. Leader Bank spun out from ZSuite Technologies and is a key customer, having facilitated $260M in deposits through the platform. Deep co-development relationship for digital escrow solutions.
• Bank of New HampshirecoreStrategic or Co-development PartnerStrategic partner for ZEscrow development. Bank of New Hampshire collaborates with ZSuite on product development and serves as a customer deploying digital escrow solutions.
• Kearny BankcoreStrategic or Co-development PartnerStrategic partner for ZEscrow development. Kearny Bank works with ZSuite on digital escrow product development and implementation.
• Haven Savings BankcoreStrategic or Co-development PartnerStrategic partner for ZEscrow development. Haven Savings Bank collaborates on product development and deployment of escrow solutions.
• Patriot BankcoreStrategic or Co-development PartnerStrategic partner for ZEscrow development. Patriot Bank participates in co-development of digital escrow solutions with ZSuite Technologies.
• Q2coreTechnology or IntegrationTechnology integration partner. Q2 provides digital banking infrastructure that ZSuite integrates with to deliver escrow and subaccounting solutions to financial institutions.
• FiservcoreTechnology or IntegrationTechnology integration partner available through Fiserv AppMarket. ZSuite's solutions integrate with Fiserv's financial technology ecosystem to serve shared financial institution customers.
• Jack HenrycoreTechnology or IntegrationTechnology partner for integration. ZSuite's platform integrates with Jack Henry's banking technology solutions to provide seamless digital escrow capabilities.
• Envision BankcoreStrategic or Co-development PartnerPartnership for ZRent and ZDeposit products. Envision Bank deploys ZSuite's rent collection and deposit growth solutions for their property management customers.
• Norwood BankcoreStrategic or Co-development PartnerPartnership for ZRent and ZDeposit products. Norwood Bank offers ZSuite's solutions to their property management and landlord customer base.
• Tioga State BankcoreStrategic or Co-development PartnerPartnership for ZRent and ZDeposit products. Tioga State Bank provides ZSuite's subaccounting and deposit solutions to their customers.
• Rockland TrustcoreStrategic or Co-development PartnerCustomer and partnership relationship. Rockland Trust utilizes ZSuite's escrow and subaccounting solutions.
• Capital BankcoreStrategic or Co-development PartnerCustomer and partnership relationship. Capital Bank deploys ZSuite's digital solutions for their customers.
• Manasquan BankcoreStrategic or Co-development PartnerCustomer and partnership relationship. Manasquan Bank works with ZSuite on digital banking solutions.
• Encore BankminorStrategic or Co-development PartnerCustomer and partnership relationship.
• Paramount BankminorStrategic or Co-development PartnerCustomer and partnership relationship.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Jack Henry & Associates: Major U.S. core banking technology provider for community banks and credit unions, with whom ZSuite has a formal integration partnership. Overlap in serving the same community-bank buyers with digital banking and account-management functionality.
• Fiserv: Large U.S. banking and payments technology vendor whose AppMarket hosts ZSuite. Comparable as a broad incumbent providing core, digital, and merchant solutions to community banks that ZSuite also targets.
• FIS: Global banking technology vendor with deep U.S. community-bank footprint. Comparable as a broad incumbent whose core and digital banking platforms overlap with ZSuite's target buyer profile.
• Q2: Digital banking platform serving regional and community banks, integrated with ZSuite via the Q2 Innovation Studio. Overlaps in serving the same community-bank digital banking buyer.
• Finastra: Global financial software vendor serving banks and credit unions with core, digital, and lending solutions. Comparable as a broad incumbent in the same community-bank ecosystem.
• nCino: Cloud banking SaaS platform for commercial, retail, and mortgage workflows at banks and credit unions. Comparable as a cloud-native SaaS peer selling into the same community/regional-bank buyer with account and deposit workflows.
• Temenos: Global banking software vendor offering core, digital, and compliance solutions. Comparable as a broad incumbent in the broader banking-software market that competes for the same digital transformation budgets.

Direct peers

• Narmi: Digital banking and account opening platform purpose-built for U.S. community banks and credit unions. Directly comparable in target customer (community banks/credit unions), SaaS delivery model, and digital account/deposit focus.
• Bankjoy: Digital banking platform serving community banks and credit unions with online and mobile banking. Directly comparable in serving the same community-bank segment with cloud-delivered digital banking capabilities.
• Abrigo: Software provider focused on compliance, lending, and deposit workflows for U.S. community banks and credit unions. Comparable as a SaaS peer whose customers overlap heavily with ZSuite's bank and credit union base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/zsuitet

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZSuite Technologies