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Aven
Credit card that unlocks buyer's home equity
- 21-100 employees
- Fintech
- Credit Scoring
- B2B
- Personal finance
- Credit cards
- Financial Services
- Downtown, Burlingame, CA
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Company mission
To provide the lowest cost, most convenient, and most transparent access to capital.
Our take
Founded in 2019, Aven is a credit card provider that uses home equity to provide users with low interests rates on their credit cards (known as HELOC).
Amongst other values, Aven prides itself on minimalism and speed (without hindering quality) - you can be approved in as little as 15 minutes for one of its cards. With its mobile friendly, fast app, Aven is a bit of a phenomenon in the credit card space, being the first credit card to be created with the unlocking of home equity. The company really is pursuing its mission to provide easy access to capital, and its “without frills” aesthetic and culture makes what can be quite a daunting and overwhelming process seem far more approachable for its customers.
Aven has had multiple successful funding rounds since it was founded, highlighting its promise. Backed by top tier investors like Sequoia and Caffeinated Capital, the idea behind the company is well backed and it’ll be exciting to see where the company goes next.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Meaningful Company Equity - We believe that employees should have a meaningful stake in the company. Everyone should feel like an owner – because you are.
- Aven Card - Experience having your own Aven card. Get $100 per month and buy anything you want, on us.
- Remote Friendly - To find the most extraordinary and diverse talent, we have supported remote work across roles. From the SF Bay Area to New York, Los Angeles, Chicago, Canada, Mexico, & Texas.
- Medical Insurance - All of our full-time employees get great medical, vision, dental. Coverage for family is available.
- Paid Time Off - In addition to 8 observed holidays, salaried team members have paid time off, vacation, and paid sick leave.
- Parental Leave - Being a parent and balancing family time is very important to us. We provide paid parental leave for the parent.
Company values
- Customer First - We always serve the consumer first. We start & finish everything with this
- Sustainable - Our products must be sustainable for our customers, partners, and ourselves
- Minimalist - We are spartan in our products, our design, our code, our process, and our spending. Nothing extra
- Rational - We strive to be rational & minimise emotion during decision-making. We prefer to aim, then fire; think then act
- Fast - We move quickly & decisively. Speed leads to quality, so we invest in it. We aim to make every day faster than the last
- Confident - We value knowing your stuff and expressing it with confidence. We think confidence is a scientific term, not a measure of how loud you are
- Detailed - We believe the little things matter. We value diving deep to touch the bare metal of systems, processes, and ideas. That's where invention happens
Funding (1 round)
Jul 2024
$142m
SERIES D
Total funding: $142m
This company has top investors
Leadership
Murtada Shah
(Co-founder)Previously founded Serene Technologies after graduating University with a Bachelors in Electrical and Computer Engineering.