Announced
Completed
Synopsis
Khosla Ventures, a venture capital firm, led a $110m Series E round in Aven, a consumer FinTech company that offers a revolving credit card backed by home equity, with participation from General Catalyst, Caffeinated Capital, GIC, Electric Capital and Founders Fund. "We are not just expanding our product suite. We are building a one-stop financial platform designed to fully serve the needs of homeowners. Our expansion into mortgage products will bring the same speed and efficiency that transformed home equity access, with the goal of creating the best mortgage refinance experience in the market," Sadi Khan, Aven Co-founder and CEO.
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