OUR STORY

Mortgages for the modern landscape

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. By 2020, they knew it was time for them to embark on an adventure of their own. Now, with Vesta, they are transforming these systems by creating the most flexible, open and automated mortgage origination experience, benefitting financial institutions and their customers.

Founding team

Mike Yu
Co-Founder, CEO
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Mike graduated from Stanford with a focus in economics and computer science. He was an early product manager at Blend, and was instrumental in many product launches and in taking several key customers live.
Devon Yang
Co-Founder, CTO
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Devon started his career working on cloud infrastructure at Microsoft Azure before joining Blend as the first engineering hire. At Blend, Devon’s teams were responsible for platform architecture and development.
Our Investors
We’ve spent a lot of time with mortgage lenders and banks, and the one thing that has been strikingly clear is that financial institutions everywhere recognize the need to reframe themselves to be technology companies, and are doing so with remarkable urgency.
Mike Yu
CEO, Vesta

More about our company

$45mm

Total funding raised

2020

Year founded

100%

Remote workforce