Aven

Web-based solutions with security focus

San Francisco, California, United States

About Aven

Aven provides web-based solutions with a strong focus on security and data protection. The company utilizes JavaScript technology to enhance the functionality of its platform, which suggests that it offers interactive and dynamic web services. Aven also employs Cloudflare's challenge-platform, indicating a commitment to safeguarding its website from malicious traffic and ensuring the security of its users' data. Unlike many competitors, Aven's emphasis on security may attract clients who prioritize data protection in their online activities. The goal of Aven is likely to deliver reliable and secure web solutions that meet the needs of its users.

San Francisco, CaliforniaHeadquarters
2019Year Founded
$138.1MTotal Funding
SERIES_DCompany Stage
Enterprise Software, CybersecurityIndustries
51-200Employees

Benefits

Company equity
Remote friendly
Medical, vision, & dental insurance
PTO
Parental leave
Aven Card

Risks

Aven faces a class action lawsuit over a July 2023 data breach.
Rising interest rates could reduce demand for Aven's HELOC Card.
Increased competition from similar fintech products could erode Aven's market share.

Differentiation

Aven offers the world's first home equity-backed credit card.
The Aven HELOC Card combines credit card convenience with home equity benefits.
Aven's product provides lower interest rates than standard credit cards.

Upsides

Aven reached unicorn status with a $142 million Series D funding in July 2024.
The company has issued over $1.5 billion in credit lines since 2022.
Aven has saved customers over $100 million in interest payments to date.

Funding

Total raised$138.13 M
Latest valuation$1.00 B
StageSERIES_D