Forbes

ANDREW WANG

Age: 29 Cofounder and CEO, Valon

- —Steven Bertoni, Nina Wolpow and Will Yakowicz

Owning a home might exemplify the American Dream, but paying your mortgage can be a nightmare. Wang’s Valon makes paying off life’s biggest purchase a bit easier by automating payments, giving a clear view of one’s balance and educating borrowers about loans, taxes and insurance. Mortgage lenders like Starwood Capital pay Valon for every mortgage it handles; earlier this year Wang raised $50 million from Andreessen Horowitz and others to go after incumbents like Black Knight, the $11 billion leader in the space. Valon currently services $5.5 billion worth of loans and aims to offer home insurance. Says Harvard grad Wang: “It sounds like a boring business, but it’s incredibly impactful.”

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