# Vesta Equity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vesta-equity

- Industry: Financial Services
- Headquarters: Pasadena, US
- Website: www.vestaequity.net
- Latest round: Seed (Apr 19, 2022)
- Investors on record: 5

## About

Based in California, US, and founded in 2020, Vesta Equity, Inc. is a developer of software that provides a solution to unlocking home equity by connecting homeowners to investors and ultimately enabling homeowners to sell a portion of their home while retaining their residency. The company offers investment opportunities for individuals looking to diversify their portfolios with digital assets backed by verified residential real estate assets. The company was co-founded by Michael Carpentier (CEO) and Taylan Pince. In April 2022, Vesta Equity, Inc. raised seed funding from investors Algorand Foundation Ltd., RWT Horizons, Frontiers Fund, Supporters Fund, and Woodstock Fund. 

Vesta Equity's NFT marketplace simplifies home equity by allowing homeowners to tokenize fractions of their property's value, eliminating the need for mortgage adjustments or selling the entire property. These NFTs, traded on the platform, act as securities, enabling investors to participate in property appreciation and diversify their real estate portfolios. The platform aims to democratize wealth creation by unlocking residential real estate value through tokenization. Leveraging smart contracts, blockchain technology, and property data, Vesta Equity automates legal processes and enhances the investment experience. The platform offers streamlined KYC, ID, and AML verification, advanced marketplace research tools, and turnkey property rights management via smart contracts.

## Funding rounds

- Seed, Apr 19, 2022 — Algorand Foundation Ltd., Woodstock, Frontiers Fund, Supporters Fund, RWT Horizons

## Investors

- Algorand Foundation Ltd. — Seed
- Woodstock (https://capitalatlas.ai/funds/woodstock) — Seed
- Frontiers Fund — Seed
- Supporters Fund (https://capitalatlas.ai/funds/supporters-fund) — Seed
- RWT Horizons (https://capitalatlas.ai/funds/rwt-horizons) — Seed