Vesta is a San Francisco-based startup building mortgage loan origination software and infrastructure to connect banks, credit unions, mortgage bankers and brokers. Founded in November 2020 by former Blend employees Mike Yu and Devon Yang, the company offers a SaaS platform intended to serve as a system of record, with a customizable workflow engine, open APIs and developer tools for integrating point solutions. Vesta's product aims to support approval, underwriting, closing and funding workflows to reduce redundancies, lower compliance risk and speed the lending process. The founders position the company as the core platform in a modular ecosystem where lenders can combine best-in-class point solutions. With its new capital Vesta plans aggressive hiring across engineering and product and an emphasis on go-to-market execution. The company has raised $30M in this Series A and $35M in total since inception.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2022