Aave

London, United Kingdom Founded: 2009 • Age: 17 yrs
Decentralized crypto lending marketplace for consumers
Annual revenue $3.8M Latest available
Total funding $29.5M 2 rounds
Employees 6 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Aave

Aave is a company based in London (United Kingdom) founded in 2009 by Stani Kulechov. Aave has raised $29.5 million across 2 funding rounds from investors including Framework Ventures, ParaFi and Standard Crypto. The company has 6 employees as of December 31, 2021. Aave has completed 1 acquisition, including Sonar. Aave operates in a competitive market with competitors including Compound, Lido, Dharma, Folks Finance and Curve, among others.

  • Headquarter London, United Kingdom
  • Employees 6 as on 31 Dec, 2021
  • Founders Stani Kulechov
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aave Limited
  • Date of Incorporation 19 Oct, 2018
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.79 M (USD)
    298
    as on Dec 31, 2021
  • Net Profit
    $161.98 K (USD)
    197
    as on Dec 31, 2021
  • EBITDA
    $161.98 K (USD)
    197
    as on Dec 31, 2021
  • Total Equity Funding
    $29.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Oct 12, 2020

  • Investors
  • Employee Count
    6

    as on Dec 31, 2021

  • Investments & Acquisitions
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People of Aave

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Claudia Ceniceros
Chief of Communications
People
Anisa Begum
Office Coordinator
People
Stephen Kenny
Institutional Business Manager
People
James London
Senior Social Media Lead

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Funding Insights of Aave

Aave has successfully raised a total of $29.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Aave

Aave has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Framework Ventures, ParaFi and Standard Crypto.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in the cryptocurrencies sector.
Locked Locked Locked
Investments in blockchain sector are managed by venture capital fund.
Locked Locked Locked
Investments are focused on crypto and tech companies by ParaFi.
Locked Locked Locked
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Investor details for Aave

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Aave

Aave has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sonar.

Investments
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Investment portfolio details for Aave

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Sonar is recognized as an AI-driven wealth management platform for Web3.
Locked Locked 2021 Locked
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Complete acquisition details for Aave

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  • Domains and locations

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Financial Statements - Aave

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Detailed financials for Aave

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  • Profit trends
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Aave Comparisons

Aave Primary company
Description
Decentralized crypto lending marketplace for consumers
Location
London, United Kingdom
Founded Year
2009
Annual Revenue
$3.79 M (USD)
Net Profit
$161.98 K (USD)
EBITDA
$161.98 K (USD)
Employees
6
As of 2021
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Peer comparison for Aave

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Aave

Aave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Compound, Lido, Dharma, Folks Finance and Curve, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
P2P lending platform based on the Ethereum blockchain
Locked Locked Locked
Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
Locked Locked Locked
Global lending is enabled through blockchain records and credit checks.
Locked Locked Locked
Algorithmic lending and borrowing protocol on Algorand blockchain is operated.
Locked Locked Locked
Liquidity pools are managed for decentralized digital asset exchanges.
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Detailed competitors of Aave

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Latest news on Aave

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Complete news archive for Aave

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Aave

Aave was founded in 2009 and raised its 1st funding round 11 years after it was founded.

Aave is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Stani Kulechov is the current CEO of Aave. They have also founded this company.

Aave is a funded company, having raised a total of $29.5M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Aave is 6.

Annual revenue of Aave is $3.79M as on Dec 31, 2021.

Decentralized crypto lending marketplace for consumers. It offers ETHLend that allows users to borrow funds against cryptocurrency collateral and retain upside instead of selling. Provides access fee reductions and participates in the future governance of Aave protocols. It allows users to originate cash loans to borrowers against cryptocurrency and digital asset collaterals. Also offers developer tools for building tokenized debit applications on Ethereum.

Aave's top competitors include Compound, Lido and Curve.

Aave has made 1 acquisition, including Sonar.

Aave has 5 investors. Key investors include Framework Ventures, ParaFi, Standard Crypto, Blockchain Coinvestors, and Three Arrows Capital.

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