- Avant is a financial technology company based in Chicago, specializing in personal loans and valued at approximately $2 billion, with an estimated annual revenue of $168.4 million.
- In February 2026, Avant successfully closed a $200 million personal loan securitization, achieving its first AAA ratings from both Fitch Ratings and Kroll Bond Rating Agency, marking a significant milestone in its funding diversification strategy.
- Avant has established strong investor relationships through 23 personal loan securitizations since its founding in 2012, highlighting its credibility and reliability in the financial services market.
- Ideal buyers for Avant are consumers seeking accessible personal loans, as the company addresses the pain point of obtaining credit through innovative fintech solutions, making it a key player in the evolving lending landscape.
Engineering is the largest team with 58 employees (about 17% of the company), followed by Finance and Administration with 56 and Business Management with 48. Mid-sized groups include Marketing and Product (36), Sales and Support (31), Operations (26), and Information Technology (26). Additional functions include Risk, Safety, and Compliance (17) and Banking and Wealth Management (12), with 26 employees categorized as Other. Overall, headcount spans technology, finance, operations, customer-facing, and risk functions.
Chicago, IL accounts for 172 employees, the largest share of Avant’s workforce. Other U.S. locations include Knoxville, TN (17) and New York, NY (12), with smaller teams in Austin, Dallas, Portland, and San Francisco (3 each), and Boston and Buffalo (2 each). An additional 119 employees are listed under Other locations, reflecting a distributed presence beyond the named offices. The footprint is U.S.-centric with a primary concentration in Chicago.