About
Lendbuzz offers AI-powered auto loans for thin-file and immigrant borrowers underserved by traditional lenders. Raised $310M+ equity plus $2B in credit facilities, including $345M round (2023) at $1.1B valuation. Profitable since 2024; $329M revenue and $22M net income (year ending June 2025). Works through 5,000+ dealer partners. Filed S-1 (Sept 2025) for NASDAQ IPO targeting ~$1.5B valuation. Backed by Group 1001 and 83North.
Key Facts
- [1]Founded: Founded in 2015 in Boston, United States.
- [2]Funding: Total funding: $310M. Last round: Jul 2023. Stage: Late Stage.
- [3]Valuation: Valued at $1.1B.
- [4]Customers: Key customers include Group 1001, 83North.
- [5]Employees: Employee count: 201-500.
- [6]Revenue: Annual revenue/ARR: approximately $329M.
- [7]Website: Official website: lendbuzz.com.
- [8]AI Technology: Core AI/ML technologies: Predictive ML.
- [9]Region: Region: Americas (United States).
Founders
Amitay Kalmar
Co-founder & CEO
Dan Raviv
Co-founder & CTO
Key Customers & Partners
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Lendbuzz?
Lendbuzz offers AI-powered auto loans for thin-file and immigrant borrowers underserved by traditional lenders. Raised $310M+ equity plus $2B in credit facilities, including $345M round (2023) at $1.1B valuation. Profitable since 2024; $329M revenue and $22M net income (year ending June 2025). Works through 5,000+ dealer partners. Filed S-1 (Sept 2025) for NASDAQ IPO targeting ~$1.5B valuation. Backed by Group 1001 and 83North. Lendbuzz is classified in the Lending & Credit segment at the Applications layer of the financial AI stack.
Who founded Lendbuzz?
Lendbuzz was founded by Amitay Kalmar (Co-founder & CEO) and Dan Raviv (Co-founder & CTO) in 2015 in Boston, United States. The company has been operating for 11 years.
How much funding has Lendbuzz raised?
Lendbuzz has raised $310M in total funding, placing the company at the Late Stage stage. The most recent round closed in Jul 2023. The company is valued at approximately $1.1B. Lendbuzz generates approximately $329M in annual revenue. Among 81 funded Lending & Credit companies, Lendbuzz ranks #27 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Lendbuzz use?
Lendbuzz primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Lending & Credit segment, 58 companies use this technology.
What market segment does Lendbuzz operate in?
Lendbuzz operates in the Lending & Credit market segment. AI lending and credit companies are reimagining how creditworthiness is assessed, loans are originated, and debt is managed across consumer, small business, and commercial markets.
Where is Lendbuzz headquartered?
Lendbuzz is headquartered in Boston, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Lendbuzz's competitors?
Companies similar to Lendbuzz in the Lending & Credit space include Unit21 ($92M raised), Upstart ($160M raised), Zest AI ($357M raised), Pagaya ($75M raised), Scienaptic AI ($17M raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Upstart focuses on ai lending platform using alternative data for credit decisions. Zest AI focuses on ai-automated underwriting for credit unions and banks. (Based on AIFI Map classification data.)
What products does Lendbuzz offer?
Lendbuzz builds applications-layer solutions for the financial services industry. The company's core offering: AI auto financing for underserved populations. The platform is powered by Predictive ML technology. Notable users include Group 1001, 83North.