Vesta
5400 Meadows Road, Suite 500, Lake Oswego, Oregon, 97035, United States
Overview
Vesta is a financial technology company specializing in fraud prevention and payment processing solutions, particularly for the telecommunications sector. Vesta offers an end-to-end transaction guarantee platform that leverages machine learning and over 25 years of transactional data to detect and prevent fraud while increasing payment approvals for customers. This approach aims to drive the true cost of fraud to zero, providing a frictionless customer experience and eliminating chargebacks and other forms of digital fraud.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Financial Services
- FinTech
- Fraud Detection
- Payments
- Software
- Transaction Processing
Investment portfolio
- Heidi Health
Participated · Series A · Oct 2023
Founded in 2021 by trauma surgeon Dr. Tom Kelly and technologist Waleed Mussa, Heidi Health offers an AI medical scribe that transcribes and dictates notes, creates personalized patient summaries, and tracks follow-up tasks so physicians can focus on care. The platform is model-agnostic, combining the company’s proprietary models with large models such as Gemini to optimize accuracy, latency and cost. Since launching products in early 2024, Heidi Health says it has returned more than 18 million clinical hours across 70 million patient visits in 116 countries and currently serves over 2 million clinicians each week. The company operates on a freemium model, augmenting its core scribe with paid features and, most recently, an AI agent that calls patients on a doctor’s behalf. Future plans center on expanding product capabilities and broadening access to providers in settings ranging from large hospitals to refugee camps. Key new hires include former Microsoft Chief Medical Officer Dr. Simon Kos and Plaid’s head of revenue Paul Williamson. Heidi Health has raised a total of $96.6 million to date to fund its growth and product development.
- Uravu Labs
Participated · Seed · Mar 2023
Uravu Labs developed a renewable water technology that harvests atmospheric moisture with liquid desiccants, recovers that moisture, and produces potable water using sustainable energy such as solar, biomass, or waste heat. The company was founded in 2020 by Pardeep Garg, Swapnil Shrivastav, Venkatesh RY, and Govinda Balaji. Uravu has commercial clients including AB InBev and Radico Khaitan and is actively pursuing additional commercial and beverage customers across India, Southeast Asia, the Middle East, and Japan. The firm previously raised an undisclosed pre-seed in 2021 directed by Speciale Invest. Proceeds from the new round will be used to commercialize its renewable water solutions and to expand operations and partnerships. The company is positioning its technology for large-scale commercial deployment in beverage and industrial markets.