AI-native mortgage loan origination system where loan staff and AI agents work the same files
Vesta builds an AI-native loan origination system (LOS) for mortgage lenders. Human staff and AI agents work on the same loan files inside one platform, and lenders configure how much work agents do without human approval: document review, data validation, cross-checks, underwriting decisions, clearing conditions and closing reviews. It also offers a personal assistant for loan staff and 'swarms' of agents that people can deploy to finish tasks faster. Lenders on the platform or migrating to it originate more than $100B of mortgages a year, and about 40% of tasks completed through Vesta are now handled by AI agents and automated workflows (company claims). Pennymac reported a 25% cut in its operational cost to originate and roughly 50% loan-officer efficiency gains even before switching agents on. Revenue is up 12x year over year, against under 5% market share (TechCrunch). It was founded in San Francisco in November 2020 by CEO Mike Yu, an early product manager at Blend, and Devon Yang, Blend's first engineering hire. On 2026-10-08 it announced a $30M Series B led by Conversion Capital, with lenders Pennymac, New American Funding, NBKC Bank and FirstKey Mortgage among the investors, bringing total funding to $85M.
Fintech📍 San Francisco, CAFounded 2020
Current Valuation
Private
PRIVATE
IPO Outlookprivate
Is Vesta going public?
No. Vesta is private and has not filed to go public. There is no S-1 on file.
What is Vesta's valuation in 2026?
No confirmed valuation is on record for Vesta. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Vesta filed an S-1?
No public S-1 is on file for Vesta.
Who are Vesta's investors?
Vesta's investors include Conversion Capital, Andreessen Horowitz, Pennymac, New American Funding, NBKC Bank, Citi Ventures and 5 more.
How much has Vesta raised?
Vesta has raised $85M in total across 3 disclosed rounds, most recently a Series B of $30M in Oct 2026.
Is Vesta publicly traded — can you buy Vesta stock?
No. Vesta is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Vesta on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Mike Yu
Founded
2020
HQ
San Francisco, CA
Total Raised
$85M
Growth
Revenue up 12x YoY; lenders on the platform originate $100B+ a year (company claims)
Last Round
Series B — $30M (Oct 2026) · Lead: Conversion Capital
IPO Status
private
Fundraising Status
Series B · $30M · this month
privateTotal raised $85M3 disclosed rounds
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series B
$30M
Oct 2026
Conversion Capital
—
Series A
$30M
Jan 2022
Andreessen Horowitz
—
Seed / earlier rounds
$25M
—
—
Vertical Intelligence — AI / ML
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Talent Signal
Hiring data for Vesta has not been collected yet — the monthly talent sweep hasn't reached this company. Check back soon.
Founders & Key People
Mike YuDevon Yang
Investors
Conversion Capital · Andreessen Horowitz · Pennymac · New American Funding · NBKC Bank · Citi Ventures · FirstKey Mortgage · Navitas Capital · Zigg Capital · Parker89 (First American) · Bain Capital Ventures
Products
AI-native loan origination system (LOS) with configurable AI agents for document review, validation, underwriting, conditions and closing
Personal assistant for loan staff; deployable agent swarms
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.