# Mike Yu

> Mike Yu is the co-founder and CEO of Vesta, a San Francisco-based startup building an AI-driven, cloud-native loan origination system (LOS) for the mortgage industry. A Stanford-trained product strategist who cut his teeth at Blend - where he helped land the Wells Fargo partnership and became the company's first licensed insurance agent - Yu launched Vesta in November 2020 after recognizing that mortgage infrastructure hadn't fundamentally changed since the 1990s. He has raised $55 million from Andreessen Horowitz, Bain Capital Ventures, and Conversion Capital, and was named a 2024 HousingWire Vanguard and Forbes 30 Under 30 honoree.

- **Role:** Co-Founder & CEO at Vesta
- **Organizations:** Vesta, Blend, Conversion Capital, Nearpod, Jane Street Capital, Bloomberg
- **Nationality:** American
- **Education:** B.A. Economics / M.S. Computer Science, Stanford University, High School Diploma, Athens High School
- **Known for:** Raised $55 million from Andreessen Horowitz, Bain Capital Ventures, and Conversion Capital, Named 2024 HousingWire Vanguard, Forbes 30 Under 30 honoree (2024)

## Career timeline

- **pre-2016** — Software engineering role at Bloomberg
- **pre-2016** — Trading role at Jane Street Capital
- **pre-2016** — Product and special projects at Nearpod (edtech startup)
- **2016** — Joined Blend as an early product manager while still completing his Stanford degree; met future co-founder Devon Yang
- **2016-2020** — At Blend: led product work enabling the Wells Fargo partnership; co-built Blend's Day 1 Certainty product with Fannie Mae; founded and led Blend's insurance agency division, becoming its first licensed agent; co-architected Finprint, a blockchain-based secure financial profile system
- **2018** — Began angel investing relationship with Conversion Capital through the Finprint project
- **2020** — Joined Conversion Capital as an investor while developing Vesta in stealth
- **November 2020** — Co-founded Vesta with Devon Yang; raised $5M seed round led by Conversion Capital and Bain Capital Ventures
- **January 2022** — Vesta closes $30M Series A led by Andreessen Horowitz, with Zigg Capital, Conversion Capital, and Bain Capital Ventures
- **2023** — Vesta turns 3; Mike posts rare reflective update on LinkedIn
- **2024** — Named HousingWire Vanguard and Forbes 30 Under 30 honoree; featured on Bloomberg discussing the one-click mortgage problem
- **2025** — Vesta named HousingWire Tech100 Winner; Mike featured on The Big Picture webcast on AI and mortgage's future; total funding reaches $55M+

## Achievements

- Raised $55 million from Andreessen Horowitz, Bain Capital Ventures, and Conversion Capital
- Named 2024 HousingWire Vanguard
- Forbes 30 Under 30 honoree (2024)
- The Generalist Future 50 recognition
- 2020 HousingWire Rising Star award
- Vesta named 2025 HousingWire Tech100 Winner
- Spoke with more than half of the top 500 U.S. mortgage lenders before founding Vesta
- At Blend: led Wells Fargo partnership product and became company's first licensed insurance agent
- Co-built Blend's Day 1 Certainty product with Fannie Mae
- Launched Vesta during one of the most disruptive periods in modern mortgage history (2020 pandemic refi boom)

## Latest updates

- **2025-12** — Featured on The Big Picture webcast final 2025 lineup discussing AI, leadership, and the future of mortgage technology
- **2025-01** — Vesta named a 2025 HousingWire Tech100 Winner
- **2024-12** — Featured on Bloomberg discussing the challenge of building a one-click mortgage and legacy IT barriers
- **2024-02** — Appeared on Chrisman Commentary daily mortgage news podcast discussing LOS technology
- **2024-01** — Named 2024 HousingWire Vanguard and Forbes 30 Under 30 honoree

## Links

- Website: https://vesta.com
- LinkedIn: http://www.linkedin.com/in/mikeyu1
- Twitter/X: https://twitter.com/usevesta

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Profile page: https://yespress.io/mike-yu
Published by YesPress — https://yespress.io
Last updated: 2026-05-12