Avant was founded in 2012 by Al Goldstein, John Sun, and Paul Zhang. The company has not officially endorsed a plan to participate in an IPO.
Avant is a fintech company providing an online lending platform designed to offer access to personal loans. The company has raised over $650 million in Venture Capital funding from investors including Ascent Capital Partners, Hazel Equity, Hubrix Ventures, Origin Ventures, Ribbit Capital, DFJ Growth, RRE Ventures, Tiger Global Management, QED Investors, and August Capital. Per company press releases, Avant last raised $325 million in November 2015 at a post-money valuation of $2 billion.