# Sadi Khan

> Sadi Khan is the Co-Founder and CEO of Aven, a San Francisco-based fintech unicorn valued at $2.2 billion that created the world's first home equity-backed credit card. A University of Waterloo computer engineering graduate, Khan spent over a decade at Facebook leading product for Internet.org, Maps, Search, and Ads before co-founding Aven in 2019. Aven has since issued over $3 billion in credit lines, saved consumers more than $215 million in interest, and raised $252 million in total funding. Known for his maximally rational decision-making style and habit of wearing the same outfit every day to reduce cognitive load, Khan aims to build America's first 'machine banking' platform and democratize access to home equity for millions of homeowners.

- **Role:** Co-Founder, CEO at Aven
- **Organizations:** Aven, HAUS, Facebook (Meta), Microsoft
- **Nationality:** American
- **Education:** Bachelor of Science, Computer Engineering, University of Waterloo
- **Known for:** Co-founded Aven, valued at $2.2 billion as of September 2025, Created the world's first home equity-backed credit card, Grew Aven to 250,000+ customers across all 50 US states

## Career timeline

- **2006** — Engineering Intern at Microsoft
- **2008** — Joined Microsoft as Program Manager (Visual Studio, Xbox components)
- **2012** — Joined Facebook as Director of Product Management
- **2013-2019** — Led product for Internet.org, Maps (computer vision), Search, Ads, and advertiser growth at Facebook
- **2018** — Left Facebook after ~7 years; took a year off
- **2019** — Co-founded Aven with Collin Wikman and Murtada Shah
- **2022** — Launched Aven's home equity-backed credit card in California; founded HAUS
- **2024-07** — Aven raised $142M Series D, achieved unicorn status at $1B valuation
- **2025-08** — Aven achieved first AAA securitization rating
- **2025-09** — Aven raised $110M Series E at $2.2B valuation, led by Khosla Ventures
- **2025** — Named HousingWire Vanguard Award recipient; Aven expanded into mortgage refinancing
- **2026** — Aven listed on Forbes Fintech 50 for second consecutive year; launched Bitcoin-backed Visa Card
- **2026-04** — Spoke at HumanX conference in San Francisco

## Achievements

- Co-founded Aven, valued at $2.2 billion as of September 2025
- Created the world's first home equity-backed credit card
- Grew Aven to 250,000+ customers across all 50 US states
- Issued over $3 billion in aggregate credit lines
- Saved consumers more than $215 million in interest costs
- Raised $252 million in total venture funding
- Achieved AAA securitization rating at unprecedented speed (August 2025)
- Named to HousingWire 2025 Vanguard list
- Aven listed on Forbes Fintech 50 in 2025 and 2026
- Maintained 4.9-star rating on Trustpilot across 5,000+ reviews
- Led product for Internet.org at Facebook, helping connect millions globally
- Built Aven's team to 70+ employees from Goldman Sachs, Capital One, Meta, Google, Tesla, and others
- Secured backing from Khosla Ventures (Vinod Khosla personally), General Catalyst, Founders Fund, and GIC

## Latest updates

- **2026-04** — Spoke at HumanX conference in San Francisco on fintech and machine banking
- **2026-04** — Aven launched Bitcoin-backed Visa Card with up to $1M credit lines and rates starting at 7.99% APR
- **2026-01** — Aven named to Forbes Fintech 50 for second consecutive year
- **2025-09** — Aven raised $110M Series E at $2.2B valuation, led by Vinod Khosla of Khosla Ventures
- **2025-08** — Aven achieved first-ever AAA securitization rating at unprecedented speed
- **2025-07** — Named to HousingWire 2025 Vanguard list of 100 visionary leaders
- **2025-06** — Aven expanded into mortgage refinancing products

## Links

- Website: https://aven.com
- LinkedIn: https://www.linkedin.com/in/sadi-khan-0368854
- Twitter/X: https://x.com/SadiSKhan

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Profile page: https://yespress.io/sadi-khan
Published by YesPress — https://yespress.io
Last updated: 2026-05-23