Lendbuzz key facts
- Lendbuzz Inc is a financial technology company that utilizes artificial intelligence, or AI, and machine learning algorithms to improve assess consumer credit risk and expand access to credit.
- It has raised $2.1B across 3 recorded rounds; the latest was Later Stage VC ($54.7M) in May 2021.
- Notable investors include Massachusetts Institute of Technology, Wellington Management, Arkin Capital, MUFG Innovation Partners, Viola Ventures — 12 tracked in total.
- Lendbuzz has filed 3 Form Ds with the SEC since 2018, most recently Jun 2021 ($54.7M sold to 16 investors).
- Status: In IPO Registration.
Who backs Lendbuzz
12+- ·The complete investor list: 12 names
- ·Watch Lendbuzz: the Monday email on marks, rounds and moves
Lendbuzz funding rounds
3 roundsHow much has Lendbuzz raised?
Lendbuzz has raised $2.1 billion in total; 3 of its rounds are on record, from 2017 on. The largest on record was a $54.7 million later-stage round in May 2021.
Lendbuzz has filed 3 Form Ds with the SEC since 2018, most recently in Jun 2021 ($54.7 million sold to 16 investors).
Lendbuzz investors
12 investors are on record for Lendbuzz, including Massachusetts Institute of Technology, Wellington Management, Arkin Capital and MUFG Innovation Partners. The later-stage round in May 2021 drew 16 investors.
About Lendbuzz
Lendbuzz Inc is a financial technology company that utilizes artificial intelligence, or AI, and machine learning algorithms to improve assess consumer credit risk and expand access to credit. It is engaged in the business of auto lending and activities closely related to auto lending.
- Sector
- Financial Services
- HQ
- Boston, MA, United States
- Founded
- 2015
- Employees
- 500
- Website
- lendbuzz.com/
- Ownership
- In IPO Registration
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Lendbuzz doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.