Avant
Avant is a financial technology company offering personal loans and credit cards, featuring a notable Credit Builder financial health tool.
Secondary Market Price
How Avant Measures Up
To help you manage your Avant equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series E
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
Secondary Market Price Chart
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Prospect Projected Future Avant Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Avant's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Avant is a financial technology company that offers credit products to middle-income consumers in the United States. Operating as a data-driven platform, the company provides personal loans and credit cards. Founded in 2012 by Al Goldstein, the Chicago-based firm has connected over 4 million customers with nearly $12 billion in loans and has grown to serve approximately 1.5 million credit card holders.
The company continues to invest in product development, with a recent focus on tools that support financial health. Avant recently launched 'Credit Builder,' a free feature within its mobile application created in partnership with SavvyMoney. The tool gives users access to personalized credit insights, real-time monitoring, and a credit score simulator. According to the company, a pilot program for the feature saw 357,000 users adopt the tool, with 75% of them observing their credit scores either improve or remain steady. Avant also continues to invest in its mobile app, which has achieved user ratings of 4.8 on both iOS and Android platforms.
- Tiger Global Management
- August Capital
- Victory Park Capital
- KKR
- DFJ Growth
- RRE Ventures
- General Atlantic
- QED Investors
- Co-Founder, Al Goldstein
- Co-Founder, John Sun
- Co-Founder, Paul Zhang
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Avant worth joining?
Deciding whether to join a company like Avant depends on various personal and professional factors beyond just the equity offer. Tools like Prospect can help you evaluate the financial potential of your equity compensation by using predictive models to forecast its future value.
What should I do with my Avant stock?
The right strategy for your Avant stock depends on your personal financial goals, tax situation, and risk tolerance. Platforms like Prospect can help you build a customized plan for exercising options and selling shares to maximize your after-tax returns.
Can you sell Avant stock?
As a private company, Avant stock is not publicly traded, but you may be able to sell shares during company-approved tender offers or on secondary markets. Tools from platforms like Prospect can help you analyze these opportunities and decide how much to sell in a tax-efficient way.
How can I find the value of my Avant stock?
Since Avant is a private company, its stock value isn't publicly listed, but it can be estimated using several methods. Prospect uses proprietary predictive models and secondary market price data to help you project the potential future value of your shares.
What is Avant's equity worth?
The precise worth of private company equity like Avant's can be difficult to determine and is subject to change based on company performance and market conditions. You can use equity management platforms to model different scenarios and get a data-driven projection of your holdings' potential value.
What is Avant's stock ticker symbol?
As a privately held company, Avant does not have a stock ticker symbol because its shares are not traded on a public stock exchange. Ticker symbols are only assigned to companies when they undergo an Initial Public Offering (IPO).
Can I buy or sell Avant stock?
Selling private stock like Avant's is typically possible only during specific liquidity events, such as tender offers organized by the company. Buying shares is generally restricted to employees receiving equity compensation or accredited investors participating in specific funding rounds.
What is the criteria to buy or invest in Avant stock?
Investing in a private company like Avant is typically limited to accredited investors who meet specific income or net worth requirements, or to employees as part of their compensation. These investment opportunities are not generally available to the public.
