Sadi Khan

In 2019, he co-founded Aven with Collin Wikman and Murtada Shah. The company combined a home-equity line of credit with credit-card payments and launched its product in California in 2022.⁠[1]

Aven announced a $142 million Series D co-led by Khosla VenturesKhosla VenturesKhosla Ventures (KV) is an American venture capital firm founded in 2004 by Vinod Khosla, the founding CEO of Sun Microsystems, and headquartered in Menlo Park, California. It made heavy early bets on clean technology, became OpenAI’s first venture capital investor in 2019, and its portfolio also includes companies such as DoorDash, Block (formerly Square), Impossible Foods, and Rocket Lab.Open the full entry and General CatalystGeneral CatalystGeneral Catalyst (GC) is an investment firm founded in 2000 and headquartered in San Francisco, United States, created by Joel Cutler, David Fialkow and Bill Fitzgerald, that backs companies from the seed stage through growth.Open the full entry. In the announcement, Khan described its goal as using technology to make asset-backed credit more convenient and reduce consumer borrowing costs.⁠[1]

HousingWire named him a 2025 VanguardVanguardVanguard (The Vanguard Group) is an asset management company headquartered in Valley Forge, Pennsylvania, founded by John C. Bogle in 1974. It operates under a structure in which the company is owned by its funds, which are in turn owned by their investors; known for low-cost index funds, it launched the first index mutual fund for individual investors in 1976 and pushed the fund industry to lower its fees.Open the full entry honoree, highlighting his work on Aven’s product development, regulatory research and team building.⁠[2]

Aven announced $110 million in financing at a $2.2 billion post-money valuation, led by Khosla Ventures, alongside expansion into mortgage refinancing. Khan described the ambition to serve multiple homeowner needs through a financial platform. Automation, robotics and machine learning underpin what the company calls “machine banking.”⁠[3]

HumanX San Francisco listed him for Personal Finance Meets Personalization at Scale with Kikoff co-founder Cynthia Chen and Puck journalist Ian Krietzberg. The session covered AI applications in credit, budgeting and financial coaching.⁠[4]

Aven launched the Home Purchase Line, secured by the property being bought, with up to $2 million available to qualified buyers and closing advertised in as little as seven days. Khan said the aim was to simplify and accelerate home-purchase financing. Seven days describes the fastest advertised outcome, rather than a fixed timeline for every application.⁠[5]

He holds a computer-engineering degree from the University of Waterloo and held product leadership roles at Facebook and Microsoft before founding Aven.⁠[4]

His X biography lists work on Internet.org, maps, search, advertising, Visual Studio and Xbox.⁠[6]

In his EO interview, he recalled briefly retiring after Facebook before turning to consumer-credit costs. He emphasized sustained conviction in the problem.⁠[7]

In the same interview, he advocated narrower first releases, strong technical hiring and weekly reassessment of the product roadmap.⁠[7]

He wants teams to understand and reproduce decision logic, and sees business sustainability as necessary for helping customers over time.⁠[7]

In an Aven interview with Keith Rabois, he recalled examining signatures and notarization to shorten the lending process, including a proposed robotic arm holding a pen. The account illustrates his approach to redesigning physical workflows alongside software.⁠[8]

In HousingWire’s Q&A, he said he favors similar clothing each day to reduce the cognitive burden of routine choices.⁠[2]

His public LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry headline also lists him as founder and president of HAUS.⁠[9]

Affiliation: Aven. Company website: https://www.aven.com/ (opens in a new window). X: Public account: https://x.com/SadiSKhan (opens in a new window). LinkedIn: Public account: https://www.linkedin.com/in/sadi-khan-0368854 (opens in a new window).⁠[9][6]