Tech Company Financing Transactions
Vesta Innovations Funding Round
Vesta Innovations secured a $30 million Series A investment round on 2/3/2022. Backers included Andreessen Horowitz, Bain Capital Ventures and Conversion Capital.
Transaction Overview
Company Name
Announced On
2/3/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Andreessen Horowitz (Lead Investor) (Angela Strange)
Proceeds Purpose
With their new capital, the duo hopes to advance on their mission to enable a seamless, transparent experience for financial institutions and their customers through an intelligent, opinionated and intuitive workflow platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
18 Bartol St. 1045
San Francisco, CA 94133
USA
San Francisco, CA 94133
USA
Phone
Undisclosed
Website
Email Address
Overview
The vision for Vesta has been over 5 years in the making. Mike and Devon met in 2016 at Blend, which pioneered the modern mortgage stack. Over the next 4 years, they worked closely together and felt firsthand the pain caused by the antiquated systems supporting the mortgage industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Yu
Chief Technical Officer
Devon Yang
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