+ Equity
Mortgage loan origination system
Open for applications
Mortgage loan origination system
21-100 employees
Open for applications
+ Equity
21-100 employees
Vesta’s mission is to enable a seamless, transparent experience for financial institutions and their customers through an intelligent, opinionated and intuitive workflow platform.
Loan origination – the initial process of qualification and verification for a mortgage – has long been a time consuming, frustrating, and expensive procedure. Considering that over 6 million homes are sold annually in the US, the industry is calling out for a faster solution.
This is where Vesta comes in. Its Loan Origination System speeds up and brings increased transparency to mortgage loan approval, underwriting, and closing by helping lenders better understand origination processes.
The company, which was founded by a pair of former leaders at the now publicly traded mortgage Fintech Blend, has been quick to grow its headcount with major funding from Andreessen Horowitz (a16z). Though there’s still quite a way to go for Vesta, the fact that it’s partnering with many leading tech companies and operating in a hugely underserved niche offers plenty of encouragement for future growth.
Freddie
Company Specialist
Few candidates hear
back within 2 weeks
49% employee growth in 12 months
Jan 2022
$30m
SERIES A
Jan 2021
$5m
SEED
North Beach, San Francisco, CA
Founders
Mike Yu
(CEO)Was an early Product Manager at high profile FinTech startup Blend, spending four years at the company before co-founding Vesta.
Devon Yang
(CTO)Worked for Microsoft Azure as a Software Development Engineer for two years before joining Blend in 2012 as the startup's first Engineering Hire. Spent almost eight years at Blend as a Platform Engineering Group Manager.
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