“It’s about change management as much as anything else because replacing the existing process is hard. It requires the technical and financial know-how to develop and implement a new backbone in a highly regulated industry,” said Strange, who joined Vesta’s board as part of the financing. “All the players — banks, brokers and title agents — agree that a new system is needed, but to date no one has successfully built it. Vesta’s team understands the depth of the problem and is technically adept to solve it.  The infrastructure they are creating will be a core driver to automation and adoption in the industry.”

https://techcrunch.com/2022/01/27/vesta-closes-on-30m-in-an-a16z-led-series-a-to-build-a-new-kind-of-mortgage-infrastructure/