Funding Received
$504 Million in 6 Rounds from 5 Investors
Most Recent Funding
$200 Million Debt Financing on August 21, 2014
Founded:
November 1, 2012
Headquarters:
Chicago, IL
Description:
Avant Credit Corp ("AvantCredit") is a fast-growing startup that offers tremendous advancement opportunities to its employees.
Founders:
Al Goldstein, John Sun, Paul Zhang
Categories:
Analytics, Machine Learning, Finance Technology, Financial Services, Personal Finance, Finance
Website:
http://www.avantcredit.com

Detailed Description

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AvantCredit is changing the way near-prime consumers borrow money. Utilizing advanced algorithms and machine-learning capabilities, the company offers a unique and highly customized approach to the personal loan process. The combination of technology, analytics and customer service capabilities allows the company to provide a simple process for personal loans and line of credit products to borrowers, all entirely online. AvantCredit operates in 46 U.S. states and in the United Kingdom under the brand SpringCoin.com.

Current Team (4)

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Funding Rounds (6) - $200M

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Board Members and Advisors (1)

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Investors (5)

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  • A3b1942ac10ef011cb59fec7bc2a17e4

    Jefferies Group

    Jefferies, a major global securities and investment banking group, has served companies and their...
  • F8d7c7e02f7a78873c74f210f3b5f8b1

    Victory Park Capital

    Alternative asset management firm
  • Fecd123vncpyeuacmiye

    Tiger Global Management

    Tiger Global manages hedge funds and private equity funds by investing in local and global public...
  • B4b311ddd00b3755f8a8935fb3cac67b

    QED Investors

    QED Investors actively supports high-growth businesses that use information to compete — and win.
  • 484e11112369a0a2b53935d5e62373f9

    August Capital

    August Capital was founded in 1995 by Dave Marquardt and John Johnston. Seasoned veterans of the...

Offices/Locations (2)

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  • Main Office

    640 N Lasalle Boulevard

    Suite 555

    Chicago, IL 60654

    USA

  • U.S Headquarters

    640 N Lasalle Boulevard

    Suite 535

    Chicago, IL 60654

    USA

Images (2)

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  • A1b74a83ac27feda6112ee9ffc7c9e1d
  • 6cd30532397321b1fa5be45de80d0359