Sunday, December 15, 2024

Vesta: Raises $30M in Series A Funding

Vesta Raises $30M in Series A Funding

  • Vesta, a San Francisco, CA-based mortgage loan origination system software-as-a-service (SaaS) company, raised $30m in Series A funding
  • The round, which brought total raised since November 2020 to $35m, was led by Andreessen Horowitz with participation from Zigg Capital, Conversion Capital and Bain Capital Ventures
  • The company intends to use the funds to expand its hiring plans and its SaaS technology to customer environments
  • The company is a provider of a SaaS platform for mortgage loan origination software, connecting banks, credit unions, mortgage bankers and brokers
  • The technology provides a customizable platform for mortgage origination, supporting approval, underwriting, closing and funding of home loans

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