- Headquarters
- San Francisco Bay Area, California
- Employees
- 11–50
- Founded
- 2020
- Website
- usevesta.com
- Total Funding
- $30.0M
- Last Round
- $30.0M Series AJan 2022
- Rounds
- 1
About
Vesta Finance is a decentralized, layer-2-first lending protocol built on Arbitrum that allows users to borrow the VST stablecoin against a variety of collateral types — including ETH and GLP — without paying interest. Users deposit collateral into individual vaults (troves) and mint VST at low collateralization ratios, maintaining liquidity against their crypto assets without selling them. Founded in 2021 and launched in January 2022, Vesta Finance was one of the earliest DeFi protocols native to Arbitrum, growing to significant TVL before activity wound down as broader market conditions shifted. The protocol is open-source and audited, with the VSTA governance token enabling community control over protocol parameters.
Summary
Vesta is a Fintech company based in San Francisco Bay Area, United States, founded in 2020. It has raised $30.0M in total across 1 round, most recently a $30.0M Series A round in Jan 2022. Investors include Andreessen Horowitz.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Jan 2022
Investors
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