Vesta
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About Vesta
Vesta is a financial technology company that provides a cloud-native mortgage loan origination platform designed to streamline the lending process through automated workflows and AI-driven task management. The AI-native software helps lenders originate mortgages by using AI agents to automate much of the loan origination process. Founded in 2020 by Mike Yu and Devon Yang and headquartered in San Francisco, Vesta is backed by Andreessen Horowitz, Bain Capital Ventures, and Conversion Capital. Lenders using or transitioning to its platform originate more than $100 billion annually.
LATEST FUNDINGSeries B
$30.0M
Announced 2026-10-08
TOTAL RAISED$85M
IN THE NEWS
- 🔗 Vesta Valuation & Funding History | Caplight
- 🔗 Vesta Raises $30M With Backing From Pennymac And Others – NMP
- 🔗 Vesta - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- 🔗 Vesta raises $30M to bring swarms of agents to mortgage lenders | TechCrunch
- 🔗 Vesta Innovations - Products, Competitors, Financials, Employees, Headquarters Locations
EMPLOYEES—
FOUNDED2020
HQSan Francisco, California, United States
Industry
Fintech
Tags
FinTechMortgageAILOS
Investors
Key highlights
- Raised $30M Series B led by Conversion Capital with customer co-investors.
- Total funding reached $85M after the round.
- Platform users originate over $100B in mortgages annually.
- Achieved 25% cost reduction and 50% productivity gains at Pennymac pre-AI agents.
- Founded 2020 in San Francisco with backing from a16z and others.
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Source document & SEC filing
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