AvantCredit was launched in late 2012 to change the way customers borrow and provide them with a new and unique experience by offering fully-unsecured installment loans between $1,000 and $10,000 online. The combination of technology, analytics and customer service capabilities allows the Company to offer fast cash to borrowers with less-than-perfect credit at some of the lowest costs available online. AvantCredit operates in 12 US states and is licensed and regulated on a state by state basis.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/08/13 | $34,000,000 |
August Capital Victory Park Capital | undisclosed | |
| 08/14/13 | $20,000,000 | Series B |
August Capital Victory Park Capital | undisclosed |
| 07/23/14 | $75,000,000 | Series C |
Tiger Global Management Victory Park Capital | undisclosed |
| 12/04/14 | $225,000,000 | Series D |
August Capital DFJ Growth KKR Peter Thiel RRE Ventures Tiger Global Management | undisclosed |
