Lendbuzz

AI-powered Auto finance for Underserved Borrowers

Fintech & Insurtech
Active
Series D Tel Aviv-Yafo Founded 2015
Total raised
$155.0M
Last: Series D 2023-10
Stage
Series D
Founded
2015
Headcount
368
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

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.

Funding history · 7 rounds · $155.0M total

2023-10
Series D $45.0M
2023-10
Debt Financing $300.0M
2021-06
Series C $60.0M
2021-06
Debt Financing $300.0M
2019-07
Debt Financing $130.0M
2019-07
Series B $20.0M
2018-05
Series A $30.0M

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtechTrading & Investing
Technologies
Artificial IntelligencePlatforms & InterfacesSoftware
Target customers
Financial ServicesFinancial InstitutionsBanks
Business model
B2BB2C