Project Description

Avant

Change the way you borrow

Avant has lowered the costs and barriers for consumer borrowing by leveraging big data and machine-learning algorithms. Avant’s technology, enhanced with artificial intelligence, balances risk with returns puts it ahead of a market that is rapidly growing. The company has made more than 500,000 loans directly to consumers through its web platform. Avant also licenses its platform to regional banks to automate underwriting.

Headquarters

Chicago, IL

CEO

Al Goldstein

Founded

2012

Investment Date

October 2015

Website