Avant operates an online marketplace that provides users with access to personal loans to consolidate debt, pay unexpected medical expenses, and for family vacations. Through the use of big data and machine-learning algorithms, the Company offers a customized approach to streamline credit options.
Type
Private
HQ
Chicago, US
Founded
2012
Size (employees)
465 (est)+3%
Website
avant.com
Avant was founded in 2012 and is headquartered in Chicago, US
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Key People/Management at Avant

Al Goldstein

Al Goldstein

Co-Founder & Chief Executive Officer
Paul Zhang

Paul Zhang

Co-Founder & Chief Architect
Adam Hughes

Adam Hughes

President & Chief Operating Officer
Suk Shah

Suk Shah

CFO
Grant Miles

Grant Miles

Chief Risk Officer
Robert Reynolds

Robert Reynolds

Chief Technology Officer
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Avant Office Locations

Avant has offices in Los Angeles and Chicago
Chicago, US (HQ)
1700 222 N LaSalle St
Los Angeles, US
6100 Center Drive West Suite 630
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Avant Financials and Metrics

Summary Metrics

Avant's latest funding round in September 2015 was reported to be $325 m. In total, Avant has raised $659 m. Avant's latest valuation is reported to be $2 b.
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Avant Financials

Avant's revenue was reported to be $200 m in Y, 2015 which is a 166.7% increase from the previous period.
USD

Revenue (Y, 2015)

200 m

Revenue growth (Y, 2014 - Y, 2015), %

166.7%

Market valuation

2 b
USDY, 2014EY, 2015E

Revenue

75 m200 m

Revenue growth, %

167%
USDY, 2015

Revenue/Employee

584.5 k
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Avant Operating Metrics

Avant's Loan Volume was reported to be 3.5b in May, 2017. Avant's Customers was reported to be 500 k in May, 2017.
May, 2017

Customers

500 k

Loan Volume

3.50 b
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Avant Online and Social Media Presence

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