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To provide the lowest cost, most convenient, and most transparent access to capital.
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). The company prides itself on minimalism and speed (without hindering quality) - with users able to be approved in as little as fifteen minutes for one of its cards.
With its mobile friendly, fast app, Aven is a bit of a phenomenon in the credit card space. It is the first credit card to be created with the unlocking of home equity, and its “without frills” approach 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, enabling it to expand operations and pursue its mission. A 2024 Series D fundraise saw the company reach Unicorn status, with next steps including the goal of expanding to all 50 states by 2025 and exploring new market categories in the future.
Freddie
Company Specialist at Welcome to the Jungle
Jul 2024
$142m
SERIES D
This company has top investors
Sadi Khan
(Co-founder & CEO)Founder and President at HAUS. Former Director of Product Management at Facebook.
Murtada Shah
(Co-founder)Previously founded Serene Technologies after graduating University with a Bachelors in Electrical and Computer Engineering.
Software Engineering
Data
People, HR, Recruitment