Lendbuzz Overview
Lendbuzz is an AI-based auto finance platform that helps consumers obtain fair access to credit when purchasing a car. Powered by alternative data and machine-learning algorithms, Lendbuzz's solution can assess the creditworthiness of consumers whose credit scores range from good to non-existent. Lendbuzz supports the success of their dealership partners through consumer loans that help those dealers reach a more diversified client base, together with competitive floor planning options that help them grow their businesses.
Latest News
growth-positive
Lendbuzz IPO set to hit Nasdaq as profits nearly double | CTech
Lendbuzz, an AI-driven auto lending platform, is preparing for an IPO on the Nasdaq, targeting a valuation of $1.5 billion. The company, founded in 2015, specializes in providing auto loans to underbanked consumers using AI-based assessments. In the first half of 2025, Lendbuzz reported a significant increase in revenue and net income, reflecting strong market demand for its services. The company has raised $345 million to date, with notable investors including 83North and O.G. Venture Partners. The IPO is expected to involve share sales by both the company and existing investors, with analysts watching recent fintech IPOs as indicators of potential success.
InvestmentPublic TradingCustomersPartners
growth-positive
The auto finance fintech company had a valuation of over $1 billion at the time of its most recent financing round in 2023.
Lendbuzz, a US-Israel auto finance fintech company, has filed for an IPO on Nasdaq, aiming for a valuation of $1.5 billion. The company, which had a valuation of over $1 billion in its most recent financing round in 2023, uses an AI and machine learning-based platform to assess credit risk for car loans. Lendbuzz serves over 2,100 car dealerships in the US and has raised $190 million in equity and over $4 billion in debt. The IPO will be underwritten by major banks including Goldman Sachs and J.P. Morgan. Lendbuzzs loan portfolio and revenue have grown significantly, with the company employing 500 people worldwide.
Public TradingInvestmentPartnersCustomers
growth-positive
Car loan fintech has raised billions in funding since its founding in 2015.
Lendbuzz, an Israeli-founded fintech company specializing in auto loans for individuals lacking credit history, is preparing for an IPO on the Nasdaq. The company, which uses AI technology, has raised significant funding, including a recent $345 million round led by Group 1001. This round included $45 million in equity at a $1.1 billion valuation and $300 million in debt. Lendbuzz has raised $200 million in equity and $2 billion in debt to date. The IPO is expected to value the company between $1 billion and $1.5 billion, with some reports suggesting a potential valuation over $2 billion. Founded in 2015, Lendbuzz employs 500 people and is led by CEO Amitay Kalmar and CTO Dr. Dan Raviv.
InvestmentPublic Trading
growth-positive
Auto finance platform Lendbuzz eyeing IPO at over $2 billion valuation | CTech
Lendbuzz, an Israeli-founded fintech startup that uses AI to offer auto loans to people with no credit history, is preparing for an IPO that could value the company at over $2 billion. The Boston-based company has hired Goldman Sachs, JPMorgan Chase, RBC Capital Markets, and Mizuho Financial Group as lead underwriters for the offering. The IPO could raise between $300 million and $400 million and may occur as early as the first half of 2024. Lendbuzzs recent funding round raised $345 million, including $45 million in equity at a $1.1 billion valuation and $300 million in a forward flow facility.
InvestmentPublic Trading
Growth-Positive
Auto finance platform Lendbuzz lands $345 million at $1.1 billion valuation, including $300 million in credit | CTech
Israeli-founded fintech company Lendbuzz, which provides auto loans, has raised $345 million in a combination of equity funding and a forward flow facility, at a valuation of $1.1 billion. The investment round was led by Group 1001, with participation from existing investors including 83North, O.G. Venture Partners, and MUFG Innovation Partners. Lendbuzzs revenue increased 135% in 2022, and over 80% in the first half of 2023, exceeding $200 million of annual revenue run-rate. The company plans to expand its presence in Israel and double its team of 30 engineers in the coming year.
InvestmentExpand
| Sector | Fintech & Insurtech |
Funding
| Total funding | $155M |
| Last funding | $45M |
| Stage | D |
| Rounds | 7 |
| Investors | 12 |
Team Members
2
Employees: 201-500
Web & Social Links
| Website | www.lendbuzz.com/ |
| Careers | Careers page |
Locations
Tel Aviv-Yafo, Israel
Boston, MA, USA
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