Our Community
“Property equity financing has not changed in over a century. So, we decided to connect property owners directly to investors. By doing this we eliminate lenders and liberate property equity for the property owner and investor to create a more prosperous future for all.”
The Vesta Equity Team
Our Inspiration
We created Vesta Equity to remove all the barriers in accessing property equity and create an open global marketplace for property owners and investors.
We connect investors to property owners that want to access the cash in their property to pursue their financial dreams without the encumbrances, hassles and costs of institutional loans. Our property investors are looking to add residential property investments to their portfolio without the risks, complications, and expenses of full property ownership.
Users undergo a rigorous KYC/AML process to protect the integrity of the solution and ensure 100% regulatory compliance.
All properties are vetted, professionally appraised, and ownership is verified. The property is then tokenized using Algorand’s Standard Assets (ASA) system. Full legal rights for the property owner and investor are embedded in smart contracts while investor rights are protected by Vesta Equity’s registered deed of trust instrument with the property owner and local registry office.
Users are provided with a blockchain wallet that operates using a stablecoin pegged 1:1 to the US dollar. This ensures transactional stability for listings, offers, and closings. Users can choose to offramp funds at any point in time to a preferred fiat currency by wire transfer or cryptocurrency in minutes.
The platform is built on blockchain which is a distributed ledger technology that ensures a common immutable and incorruptible record of all transactions.
“Generally, there are three rules when it comes to borrowing money: You need to have good credit, proof of income and cash for a down payment. Most people have the first two, but it's the third that trips them up. And nowhere does that come into play more than the mortgage market.”
Jean Chatzky, Financial EditorNBC TODAY
Our Team
We believe real capitalism only truly exists when each party can transact free of middlemen without unnecessary costs.
Michael is an entrepreneurial business leader with 25+ years of experience building innovative, digitally focused companies. He has worked with Canadian, US, & European enterprises, providing him with a global perspective. His skill sets include product development, high yield revenue management, digital marketing & acquisition, branding, sales management, customer success, fundraising, investor relations, P&L, team building, & partnerships. He is now focused on the intersection of business strategy & blockchain technology & is a CIO Certified Blockchain Professional. He is also an amateur competitive OCR & ultra-marathon racer.
Michael Carpentier
CEO and Co-Founder
Samir is a seasoned technology entrepreneur, attorney and real estate investor/operator. He sold first software company at the age of 29 and has led the development and commercialization of over a dozen software and hardware based projects including multiple category defining products that remain market leaders to this day. As an attorney, Samir advised early-stage technology companies across multiple markets and served most recently as General Counsel to a venture-backed robotics company. Samir’s success derives from a love of technology, a deep commitment to the mission of the companies he serves, and a collaborative mindset that sees investors, partners, suppliers, team members and customers as a unified, mission-driven value creation system.
Samir Singh
Co-Founder, COO and Chief Strategy Officer
Rao is a strategic technologist and entrepreneur with 20+ years of experience leading product and engineering teams at both startups and large enterprises, including Justworks, CLEAR, WeWork, Spotify, MediaMath, The New York Times, Yahoo!, etc. He is passionate about building innovative products and platforms that solve real-world problems and is skilled in agile methodologies, software development, and product management. Rao is also a lifelong learner, always seeking new challenges and opportunities to grow, and enjoys running, biking, and hiking in his free time. He is now focused on transforming the home equity market at Vesta Equity.
V. Rao Dumpeti
Co-Founder, CTO and Marketplace Operations
Jake is a seasoned real estate investor with 20+ years’ experience investing throughout the capital structure in commercial & residential real estate. He’s held executive-level positions at institutional and private investment firms in the US and Europe and has significant experience with emerging asset classes. Jake is focused on utilizing creative financial structures and modern technology to alleviate the affordability and liquidity problems in the housing market, and to create brand-new investment opportunities for retail & institutional investors. In his free time, he enjoys golfing, running, boating and cooking.
Jake Kelley
Chief Investment Officer
Eugene is a serial entrepreneur with 20 years of experience building digital products in advertising, retail, finance & military spaces. He's a full stack developer with expertise in taking a project from initial idea to full scale production. He has worked with large scale database systems, real time data processing, big data analytics & more. He's seen his startups through hypergrowth to multiple exits including an acquisition by a Fortune 500 company. He's an investor with interests in traditional finance and blockchain. He loves biking in rough terrain and chasing a new push ups record.
Eugene Kaydalov
Architect
Aaron is a purpose driven individual who strives to build a better future for everyone. He has excelled in the Real Estate industry as an REO & Investment Property Rental Manager, Marketing Associate, Private Equity Fundraiser for Multi-Million dollar projects and also as an Agent Representative for multinational clientele. His unique perspective and kind hearted nature plays a crucial role in working towards the continued success of Vesta Equity’s customers and business partners alike. He spends a majority of his off-time outdoors hiking, camping, ski-biking, golfing and surfing.
Aaron Stuiber
Customer Success Manager
Jon is an award winning design leader with over 20+ years experience crafting creative solutions for brands in a multitude of industries, including healthcare, pharmaceutical, financial, legal, retail as well as travel and hospitality. His clients have included JCPenny, Shiner Beer, Lincoln Financial, H&R Block, Zales, Sprint, Neiman Marcus, Sanofi, Epiq Global and the Mutual Fund Store. When he’s not working, Jon has a passion for the outdoors and enjoys mountain biking and fishing in his spare time.
Jon Toney
Sr. Designer/Art Director
Our Advisors
You can go as far as your mind lets you. What you believe you can achieve.
Michael’s strength is in identifying opportunities, building teams, & strategies to achieve profitable results. With 40+ years of successful experience as an entrepreneur, executive, CEO, & board member, he has excelled using well-honed management skills, innovative product development, M&A, organizational planning, & business development. He founded Merit Travel Group in 1991 with 2 employees & led it to a national online & full-service travel enterprise with 550 professional staff & achieving an annual turnover exceeding $400 million. He divested & created Farpointe Investments in 2016. He maintains an active lifestyle but has a passion for aviation & is an active automotive enthusiast.
Michael Merrithew
Advisor
Taylan is an entrepreneur with 20 years of experience building & scaling digital-focused start-ups in finance, education, healthcare, smart home, online communities, & marketplaces in Canada, the US, & Europe. He is a full-stack developer & technology leader capable of architecting & building systems across cloud, web & mobile platforms & he has 12 years of experience managing & scaling remotely distributed teams. He has helped launch impactful start-ups with a cumulative worth of over $15B today: Robinhood, Algorand, Keen Home, Muse, & Aventri. He loves industrial design & hardware prototyping. In his spare time, he's also a dedicated CrossFit enthusiast.
Taylan Pince
Advisor and Co-Founder
Afshin is a serial entrepreneur, a scientist and a musician. He has built multiple companies and divisions from scratch like Kili Technologies (as the Co-founder/CEO), SecureKey (as the VP of Engineering), Snowbush (as a Senior Scientist) and Espadina (as the Co-founder and VP of Engineering). Afshin has vast experience in blockchain, fintech, cyber security, artificial intelligence and different areas of electronics. Afshin holds a PhD degree in electronics and a master degree in signal processing. He has published over one hundred patents and technical papers. In 2018, Afshin received the Canada 150 Heritage Din award from the federal government of Canada.
Afshin Rezayee
Advisor
Greg is the founder of SecureKey and brings more than 30 years of experience in fintech, security and mobile solutions to his role as Chief Executive Officer. Greg is a serial entrepreneurial whose earlier ventures include Footprint Software Inc., a financial software company he sold to IBM, and 724 Solutions Inc., a wireless infrastructure software provider he took public. He sits on several boards and has been recognized as one of Canada’s Top 40 Under 40, Entrepreneur of the Year and one of the 100 Top Leaders in Identity. Greg holds a Bachelor of Arts in Computer Science from the University of Western Ontario and a Bachelor of Science in Biochemistry and Life Sciences from the University of Toronto.
Greg Wolfond
Advisor
Imran is a business leader with 15 years in advertising technology, digital marketing, & logistics experience. Recently, he oversaw marketplace quality for over $800 million of annual transactions on Index Exchange, the world’s largest independent advertising exchange. He has worked on business processes, compliance, project management, product management, business intelligence, business development, client services, administration, & more. He is an executive team’s resident integrator & problem solver. He enjoys delving into to raw & rugged ecosystems when travelling & volunteering at nature-focused organizations to support their operations.
Imran Rahaman
Advisor and Co-Founder
Paul is a seasoned global entrepreneur with a robust blend of technical and business expertise. With over 20 years of experience, he has founded, advised, and operated multiple companies, consistently delivering innovative products in the rapidly evolving landscape of emerging technology. His professional journey is marked by significant executive and advisory roles, particularly in cutting-edge technology. In the realm of Web 3.0, Paul has been instrumental in the creation and launch of pioneering Web 3.0 and AI products, showcasing his leadership and forward-thinking vision.
Paul Dubé
Advisor
We want to hear from you. Have a quick question?
Our Partners
We have worked with the best in the industry to build out a leading frictionless debt free property equity finance solution that is 100% secure and scalable. We offer our users innovative but easy to use tools to quickly leverage the equity in their property and investors the opportunity to build growth focused residential real estate portfolios.
Algorand
Algorand built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s economy. With an award-winning team, Algorand enables traditional finance and decentralized financial businesses to embrace blockchain for decentralized applications.
Bull Blockchain Law
Bull Blockchain attorneys began their journey in Blockchain on the technology side, running cryptocurrency mining farms and digital asset investment funds. This technology is breaking traditional industry barriers across the globe. They serve as one of the few law firms completely focused on this industry. Their legal services are rooted in their passion for blockchain, and ensuring they preserve the highest standards coupled with regulatory clarity across jurisdictions.
HouseCanary
HouseCanary provides home price indices (HPIs) and automated valuation models (AVMs) built by a team of data scientists and backed by advanced machine learning with a robust range of data sources.
North Capital
North Capital is the leading provider of transaction technology utilizing custom APIs to provide thorough AML and accreditation services.
PandaDoc
PandaDoc provides document automation software and legally-binding eSignature technology.
TitleVest
TitleVest is a leading New York City-based title insurance agency and member of the First American (NYSE: FAF) family of companies, offering a full range of title insurance and related services for real property purchase and refinance transactions. TitleVest has earned the New York Law Journal’s “Best Title Agency” award in 2013, 2014 and 2015 as determined by its annual Reader Rankings survey.
Endpoint
Endpoint is a digital title and settlement company built from the ground up to make closing real estate transactions easy for all. Founded in 2018 with a diverse group of tech and real estate veterans, Endpoint develops technology that streamlines the closing process for real estate agents, buyers and sellers, and empowers proptech companies and investors looking to scale their closing operations. Through the combination of people, process and technology, Endpoint delivers a closing experience that is simple, secure and consistent at scale.