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Aven raised $142 million in a series D investment led by Khosla Ventures and General Catalyst to bring the world’s first home equity-backed credit card to homeowners in all 50 states.
Amount Raised
$142 Million
Round Type
Series D
San FranciscoFinancial ServicesInvestors
Description
Aven, a technology company offering consumer credit cards backed by home equity, announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven was founded in 2019 by Sadi Khan, Collin Wikman, and Murtada Shah, former product, design, and engineering executives at Facebook and Square.
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