Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- The global home equity market is estimated at $278 Trillion US. For homeowners and investors alike, accessing and leveraging this asset class has not changed in over a century. It is an ecosystem rife with intermediaries and barriers that drive up costs and severely hamper the free flow of capital while restricting the creation of wealth. Vesta Equity solved these inequities by building a frictionless and transparent global primary and secondary home equity marketplace. Enabling homeowners direct access to their equity without debt or outright sale and investors the ability to purchase HEIs and build a portfolio as easy as it is to buy stocks. Vesta Equity launched in the $38.2 Trillion US market in March 2022 by a founding executive team with a cumulative 65+ years of executive management experience. Operating at the intersection of real estate, financial services, and blockchain the platform is purpose built to offer an easy point and click environment with the financial levers for users to build mutually equitable deal structures with appreciation and yield. By eradicating barriers and generating revenue off of fair transaction fees, we ensure money remains where it should be - directly in the pockets of the people who own and invest in these assets.
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