About Vesta
Vesta is a company based in San Francisco (United States) founded in 2020 by Devon Yang and Mike Yu. It operates as a SaaS (Software-as-a-Service). Vesta has raised $35 million across 3 funding rounds from investors including Pennymac, Andreessen Horowitz and Zigg Capital. The company has 50 employees as of December 31, 2024. Vesta offers products and services including Vesta Platform. Vesta operates in a competitive market with competitors including SimpleNexus, Roostify, Cloudvirga, BlueSage and Sagent, among others.
- Headquarter San Francisco, United States
- Employees 50 as on 31 Dec, 2024
- Founders Devon Yang, Mike Yu
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Vesta Innovations, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Pennymac
& 4 more
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Employee Count
50
as on Dec 31, 2024
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Products & Services of Vesta
Vesta offers a comprehensive portfolio of products and services, including Vesta Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mortgage infrastructure is provided for streamlined lending processes.
Funding Insights of Vesta
Vesta has successfully raised a total of $35M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Vesta | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - Vesta | Valuation | a16z , Zigg Capital | |
| Jun, 2020 | Amount | Seed - Vesta | Valuation | Conversion Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vesta
Vesta has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Pennymac, Andreessen Horowitz and Zigg Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vesta
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vesta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vesta Comparisons
Competitors of Vesta
Vesta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SimpleNexus, Roostify, Cloudvirga, BlueSage and Sagent, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Loan life cycle management platforms are developed for mortgage lenders.
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| domain | founded_year | HQ Location |
Digital loan origination solutions are provided for mortgage lenders.
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| domain | founded_year | HQ Location |
Cloud-based automation of mortgage lending processes is provided.
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| domain | founded_year | HQ Location |
Cloud-based mortgage origination and customer engagement solutions are provided.
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| domain | founded_year | HQ Location |
Mortgage loan servicing software is provided by Sagent.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vesta
Frequently Asked Questions about Vesta
When was Vesta founded?
Vesta was founded in 2020.
Where is Vesta located?
Vesta is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Vesta?
Mike Yu is the current CEO of Vesta. They have also founded this company.
Is Vesta a funded company?
Vesta is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jun 01, 2020.
How many employees does Vesta have?
As of Dec 31, 2024, the latest employee count at Vesta is 50.
What does Vesta do?
Mortgage infrastructure is provided by Vesta to enhance lending processes. Focus is placed on data-centric, rules-driven, and extensible solutions for the mortgage industry. Operational costs are reduced through automated task management, while loan quality is improved with real-time data analysis. Faster closings are enabled by parallel processing, and a simplified customer experience is offered. Integration with a wide ecosystem of partners across mortgage tech categories is maintained, ensuring adaptability to future innovations in the financial services sector.
Who are the top competitors of Vesta?
Vesta's top competitors include Cloudvirga, Vontive and Floify.
What products or services does Vesta offer?
Vesta offers Vesta Platform.
Who are Vesta's investors?
Vesta has 5 investors. Key investors include Pennymac, Andreessen Horowitz, Zigg Capital, Conversion Capital, and Bain Capital Ventures.