About Avant
Avant is a Financial Services company based in Chicago (United States) founded in 2012 by John Sun and Paul Zhang. Consumer loans are facilitated via an online platform. It operates on a Commission-Based and FinTech model. Avant has raised $905.23 million across 14 funding rounds from investors including Ares Management, UBS and KKR. The company has 997 employees. Avant has completed 5 acquisitions, including Avant, ReadyForZero and StudyCloud. Avant was last valued at $1 billion in January 2026. Its website avant.com draws about 2.1 million monthly visits. Avant offers products and services including Avant Credit Card, Personal Loans, Debt Consolidation Loans, and Emergency Loans. Its focus areas include Financials, Consumer Finance and Personal Credit. Its legal entity is Avant, LLC. Its competitors include SoFi, Moneylion and Oportun; 3 of its 3 listed competitors have raised funding.
Company details
Financial products including credit cards and personal loans are offered by Avant. Various loan types such as debt consolidation, emergency, and home improvement loans are provided. The company operates in the consumer finance sector, focusing on accessible financial tools. Solutions are designed to support individuals in achieving financial goals. Operations are based in the United States, with a focus on simplifying everyday financial tasks.
- Total Equity Funding$905.23M (USD)
in 14 rounds
- Latest Funding Round$300M (USD), Debt – Conventional
Jul 2026
- InvestorsAres Management
& 28 more
- Employee Count997
- Investments & AcquisitionsAvant
& 4 more
Products & Services of Avant
Avant offers a comprehensive portfolio of products and services, including Avant Credit Card, Personal Loans, Debt Consolidation Loans, and Emergency Loans.
Credit card offered for personal financial needs.
Loans provided for various personal financial goals.
Loans designed to consolidate personal debt effectively.
Loans offered for urgent personal financial emergencies.
Apps and channels of Avant
Avant publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of Avant
Avant has successfully raised a total of $905.23M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $300 million completed in July 2026. 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.
- Total Funding $905.23M
- Total Rounds 14
- Last Round Debt – Conventional — $300M
- First Round $1M
(Dec 2012)
- Investors Count 29
Latest 10 of 14 funding rounds of Avant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | $300M | Debt – Conventional | – | – | – |
| Dec 2022 | $250M | Series E | – | Ares Management | – |
| Dec 2022 | Debt – Conventional | – | – | ||
| Sep 2015 | $325M | Series E | $1B | General Atlantic | |
| Aug 2015 | $339M | Debt – Conventional | – | – | |
| Dec 2014 | $225M | Series D | – | Tiger Global Management | |
| Aug 2014 | $200M | Debt – Conventional | – | – | |
| Jul 2014 | $200M | Debt – Conventional | – | – | |
| Jun 2014 | $300M | Debt – Conventional | – | – | |
| Feb 2014 | $75M | Series C | – | Tiger Global Management |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2015 | $1B | •••••••• |
Last known valuation $1B (Jan 2026). 29 investors in total: 29 institutional.
Investors in Avant
Avant has secured backing from 29 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Management, UBS and KKR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset investment management firm | 1997 | aresmgmt.com | Los Angeles, United States | |
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses. | augustcap.com | |||
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
Investments are directed toward innovative technology startups by DFJ Growth. | dfjgrowth.com | Menlo Park, United States | ||
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
VC firm investing in the US | originventures.com | Chicago, United States | ||
Early-stage venture capital is invested in Midwest technology startups. | hydeparkvp.com | Chicago, United States | ||
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Blank check and private debt firm focused on multiple sectors | 2007 | victoryparkcapital.com | Chicago, United States |
Investor details for Avant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Avant
15 people are tracked at Avant (9 in leadership, 2 in board & advisors, 4 in team); the tracked headcount is 997.
| Name | Role | Group |
|---|---|---|
John Sun | Founder | Leadership |
Paul Zhang | Co-Founder & Chief Information Officer | Leadership |
Matt Bochenek | CEO | Leadership |
Evan Kimia | Senior Director | Leadership |
Margaret Hermes | COO | Leadership |
Kevin Freidrich | CFO | Leadership |
Campbell Gibson | VP, Public Policy | Leadership |
Kevin Lewis | VP, Business Development | Leadership |
Nick Wolff | Chief Technology Officer | Leadership |
Al Goldstein | Co-Founder & Executive Chairman | Board & advisors |
Sheila Bair | Board Member | Board & advisors |
Charles Whittaker | CPO | Team |
Tim Schlueter | CRO | Team |
shouvik sharma | data | Team |
Chris Armsey | SVP, People | Team |
Complete people profiles for Avant
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Investments & Acquisitions by Avant
Avant has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Avant, ReadyForZero and StudyCloud.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital bank for individuals | zero.app | San Francisco, United States | 2016 | Apr 2021 | •••• | |
Digital banking services for consumers are provided via apps. | levelbank.com | San Francisco, United States | 2015 | Apr 2021 | •••• | |
Collaborative classroom management platform for education is offered. | mystudycloud.com | Chicago, United States | 2012 | Mar 2016 | •••• | |
Online financial tools for debt and credit management are offered. | readyforzero.com | San Francisco, United States | 2010 | Mar 2015 | •••• | |
EDA software for advanced IC packaging solutions was provided. | xynetix.com | Austin, United States | 1993 | Aug 1999 | •••• |
Complete acquisition details for Avant
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- Complete history
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Timeline of Avant
9 dated milestones of Avant across 27 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Xynetix.
- Founded Avant is founded.
- Funding First funding round of $1.0M.
- Acquisition Acquires ReadyForZero.
- Milestone Reaches Unicorn status.
- Acquisition Acquires StudyCloud.
- Acquisition Acquires Avant.
- Acquisition Acquires Zero.
- Funding Latest funding round, Debt – Conventional, of $300.0M.
Competitors of Avant
Avant has 3 listed competitors in our database, 3 of them funded. They include SoFi, Moneylion and Oportun.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sofi.com | 2011 | San Francisco, United States | $3.04B | 3,066 | Various consumer loans and financial services are offered online. | |
| moneylion.com | 2013 | Sandy, United States | $268.43M | 296 | Instant consumer loans and mobile banking are offered online. | |
| oportun.com | 2005 | Menlo Park, United States | $204.21M | 1,866 | Online platform for consumer loans |
Detailed competitors of Avant
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Avant
The website of Avant (avant.com) receives about 2.1M visits a month and ranks #19,824 among all websites worldwide, #1,276 in Banking Credit and Lending.
- Monthly visits2.1M
▼ 3.7% vs previous month
- Unique visitors767.1K
per month
- Global rank#19,824
among all websites
- Category rank#1,276
Finance · Banking Credit and Lending
- Bounce rate25%
- Pages per visit5.8
- Average visit3 min 14 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Avant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| upstart.com | 100% | 4M | #11,909 | View details | |
| creditonebank.com | 96% | 11.7M | #3,362 | View details | |
| prosper.com | 93% | 1.2M | #30,665 | View details | |
yourcreditcardinfo.com | yourcreditcardinfo.com | 93% | #43,943 | – | |
| mercurycards.com | 90% | 1.3M | #38,298 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Avant
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Alternative Lending
3 companies that operate in the same segment as Avant (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Avant
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Frequently Asked Questions about Avant
Avant was founded in 2012.
Avant is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Avant is a funded company, having raised a total of $905.23M across 14 funding rounds to date. The company's 1st funding round was a Series C of $75M, raised on Dec 2012.
Avant has 997 employees.
Financial products including credit cards and personal loans are offered by Avant. Various loan types such as debt consolidation, emergency, and home improvement loans are provided. The company operates in the consumer finance sector, focusing on accessible financial tools. Solutions are designed to support individuals in achieving financial goals. Operations are based in the United States, with a focus on simplifying everyday financial tasks.
Avant offers Avant Credit Card, Personal Loans, Debt Consolidation Loans, and Emergency Loans.
Avant has made 5 acquisitions, including Avant, ReadyForZero, and StudyCloud.
Avant has 29 investors. Key investors include Ares Management, UBS, KKR, JPMorgan Chase, and Credit Suisse.
The valuation of Avant is $1B as of Jan 2026.
Avant operates through Avant, Llc.
Yes. Avant publishes Avant and 1 more app, with over 100,000 downloads.