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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Amazon Launches Pay by Bank Feature in the UK

New payment method aims to enhance shopping convenience for customers.Highlights: Amazon launches Pay by Bank in the UK.Feature...

FCA Appoints KPMG to Strengthen Open Banking Consensus

U.K. regulator seeks expert guidance to shape future of open banking.Highlights: FCA appoints KPMG to aid open banking...

Nationwide Boosts Digital Signing for Mortgage Deeds

First lender to enable full online signing of mortgage documents.Highlights: Nationwide allows full digital signing of mortgage deeds.This...

Square Launches AI Data Assistant, Enhancing User Insights

New tool aims to simplify data interpretation for businesses.Highlights: Square launches AI Data Assistant for improved data analysis.Tool...