Vesta Raises $30M in Funding

Vesta, a San Francisco-based AI-native software startup, has secured $30 million in new funding to expand its mortgage loan origination technology. The company, which provides a platform for lenders to deploy AI agents that automate mortgage processing, has now raised a total of $85 million to date.

Investors

The funding round was led by Conversion Capital, with additional participation from Citi Ventures, Andreessen Horowitz, Pennymac, and New American Funding.

Vesta Use of Funds

Vesta plans to use the capital to staff up its team, expand its market share, and invest in new product lines, including a personal assistant for mortgage issuers designed to assist with workflows and task management.

About Vesta

Founded in 2020 by Mike Yu and Devon Yang, Vesta provides an AI-native software platform that enables mortgage lenders to automate loan origination. By deploying swarms of agents, the company aims to reduce the time and high costs associated with manual mortgage processing tasks.

Funding Details

Company Website: https://vesta.com

Company: Vesta
Raised: $30M
Funding Date: October 8, 2026
Lead Investor: Conversion Capital
Additional Investors: Citi Ventures, Andreessen Horowitz, Pennymac, New American Funding
Software Category: Fintech
Source: https://techcrunch.com/2026/10/08/vesta-raises-30m-as-lenders-adopt-ai-agents/