# Vesta

> Vesta is a San Francisco-based B2B SaaS company building the next-generation loan origination system (LOS) for the mortgage industry. Founded in 2020 by ex-Blend engineers Mike Yu and Devon Yang, Vesta replaces legacy mortgage software with a cloud-native, open, rules-driven platform that lets lenders configure workflows, automate compliance checks, and integrate with 40+ ecosystem partners - all without custom code. Backed by Andreessen Horowitz and Pennymac, Vesta tripled its loan volume and customer count year-over-year through 2025.

- **Founded:** 2020
- **Headquarters:** San Francisco, United States
- **Founders:** Mike Yu (Co-founder & CEO), Devon Yang (Co-founder & CTO)
- **Team size:** ~99 employees
- **Products:** Vesta LOS (Loan Origination System), Rules Engine, Workflow Orchestration Engine, AI Agents, Partner Integration Platform
- **Notable:** HousingWire Tech100 Winner 2025, CEO Mike Yu named Forbes 30 Under 30 (2024), CEO Mike Yu: HousingWire Vanguard Award 2024

## Products & services

- **Vesta LOS (Loan Origination System)** — Cloud-native, open system of record for mortgage origination. Handles loan data, documentation, and workflow orchestration across borrowers, loan officers, underwriters, and back-office teams. Configurable via no-code rules engine.
- **Rules Engine** — No-code business logic configuration tool that lets lenders define custom eligibility rules, compliance checks, and automated routing without developer involvement.
- **Workflow Orchestration Engine** — Task-based workflow system that coordinates parallel work across teams and external parties. Enables real-time document intelligence and automated issue flagging.
- **AI Agents** — AI layer that interprets documents, runs income/asset calculations, manages conditions and disclosures, and orchestrates work across teams and third-party integrations.
- **Partner Integration Platform** — Open API platform with 40+ pre-built integrations including Fannie Mae, Freddie Mac, CoreLogic, Enact, Docutech, and others across the mortgage tech ecosystem.

## Achievements

- HousingWire Tech100 Winner 2025
- CEO Mike Yu named Forbes 30 Under 30 (2024)
- CEO Mike Yu: HousingWire Vanguard Award 2024
- CTO Devon Yang: HousingWire Tech Trendsetter Award 2024
- The Generalist Future 50 award
- Tripled loan volume and customer count year-over-year (2024-2025)
- Projected 30x increase in total platform volume with new customers fully onboarded
- Raised $30M Series A led by a16z (2022)
- Secured Pennymac as customer and strategic investor (2025)
- 40+ active integration partners across mortgage tech ecosystem
- Powered Upstart's HELOC origination launch (2023)

## Latest updates

- **2026-01** — Partnership with Blend announced to power AI-driven mortgage origination model
- **2025-09** — Pennymac selects Vesta as LOS and takes minority equity stake - first major mortgage servicer to go live on platform
- **2025-03** — Reported 3x growth in loan volume and customer count year-over-year; projected 30x platform volume increase
- **2025-01** — Integration with Informative Research added to partner ecosystem
- **2024-12** — Integration with MCT (capital markets tech) added
- **2024-09** — ServiceLink integration added; CEO Mike Yu wins HousingWire Vanguard Award
- **2024-08** — Xactus360 integration added
- **2024-00** — Named HousingWire Tech100 Winner 2025; Generalist Future 50 recognition
- **2023-11** — Vesta selected to power Upstart's HELOC origination product launch
- **2023-10** — Partnership with Lender Price announced for digital pricing integration
- **2022-01** — Raised $30M Series A led by Andreessen Horowitz

## Links

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

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Profile page: https://yespress.io/vesta
Published by YesPress — https://yespress.io
Last updated: 2026-06-22