Avant Raising $325m
Avant, an online marketplace for consumer loans, raised $325m in an equity round led by General Atlantic. Other investors include Balyasny Asset Management and J.P. Morgan, as well as existing shareholders Tiger Global Management, August Capital, RRE Ventures and DFJ Growth. The round, which is expected to formally close in a few weeks, reportedly valued Avant at approximately $2bn.
Avant is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired. The current IPO Watchlist is comprised of 108 companies organized by investment theme.