The A.I. Daily
Vesta raises $30M to bring swarms of AI agents to mortgage lenders
Vesta, an AI-native mortgage origination software startup, announced a $30 million round led by Conversion Capital, with participation from Citi Ventures and Andreessen Horowitz. Its AI agents automate loan origination; revenue grew 12x year over year, it helps originate over $100 billion in loans annually, and it has raised $85 million to date, though its market share remains under 5%.