GoKawiilVesta secures $30M to expand AI-driven mortgage origination tools
Vesta, an AI-focused software firm aiding mortgage lenders, announced a $30 million funding round led by Conversion Capital, with investments from Pennymac, New American Funding, Citi Ventures, and Andreessen Horowitz. The company’s AI agents automate significant parts of the loan process, helping lenders cut costs and speed up approvals, with revenue increasing twelvefold year over year. Vesta plans to develop new products, including a workflow management assistant, to further streamline mortgage origination.