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Aave - About the company

Aave is a series B company based in London (United Kingdom), founded in 2009 by Stani Kulechov. It operates as a Decentralized crypto lending marketplace for consumers. Aave has raised $29.5M in funding from investors like Three Arrows Capital, ParaFi and Framework Ventures. The company has 63 active competitors, including 22 funded and 1 that has exited. Its top competitors include companies like Compound, Lido and Folks Finance.

Company Details

Decentralized crypto lending marketplace for consumers. It offers ETHLend that allows users to borrow funds against cryptocurrency collateral and retain upside instead of selling. Provides access fee reductions and participates in the future governance of Aave protocols. It allows users to originate cash loans to borrowers against cryptocurrency and digital asset collaterals. Also offers developer tools for building tokenized debit applications on Ethereum.
Website
aave.com
Social
XFacebook
Email ID
*****@aave.com
Registered Address
128 City Road, London, United Kingdom, EC1V 2NX
Key Metrics
Founded Year
2009
Location
Stage
Series B
Total Funding
$29.5M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
144 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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Aave's funding and investors

Aave has raised a total funding of $29.5M over 2 rounds. Its first funding round was on Jul 09, 2020. Its latest funding round was a Series B round on Oct 12, 2020 for $*****. 2 investors participated in its latest round. Aave has 42 institutional investors.

Here is the list of recent funding rounds of Aave:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 12, 2020
1980865
Series B
9596456
6629879
9808868
2750310
Jul 09, 2020
1834738
Series A
4258890
2492380
6807421
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Aave's founders and board of directors

Founder? Claim Profile
The founders of Aave is Stani Kulechov. Stani Kulechov is the CEO of Aave.
Here are the details of Aave's key team members:

Aave's Board of Directors

Aave's board has 1 active member. Stani Kulechov is part of team.
Here is the list of Aave's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 9m

Aave's employee count trend

Aave has 144 employees as of Jul 26. Here is Aave's employee count trend over the years:
Employee count trend for Aave
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Aave's Competitors and alternates

Top competitors of Aave include Compound, Lido and Folks Finance. Here is the list of Top 10 competitors of Aave, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Compound
Compound
2017, San Francisco (United States), Series B
P2P lending platform based on the Ethereum blockchain
$79.4M
70/100
2nd
Logo for Aave
Aave
2009, London (United Kingdom), Series B
Decentralized crypto lending marketplace for consumers
$29.5M
64/100
3rd
Logo for Lido
Lido
2020, Finland, Series A
Non-custodial staking solution for cryptocurrencies
$72M
63/100
4th
Logo for Folks Finance
Folks Finance
2021, Milan (Italy), Series A
Capital Markets Protocol
$6.2M
54/100
5th
Logo for Venus
Venus
2012, United States, Funding Raised
Decentralized marketplace for lenders & borrowers with stablecoins
-
50/100
6th
Logo for Arkis
Arkis
2022, London (United Kingdom), Seed
Platform for facilitating institutional lending and borrowing in crypto
$2.25M
50/100
7th
Logo for Dharma
Dharma
2017, San Francisco (United States), Acquired
Blockchain-enabled lending protocol
$7.12M
49/100
8th
Logo for Across
Across
2021, Funding Raised
Provides transaction transfer solutions from Layer 2
-
45/100
9th
Logo for Archimedes
Archimedes
2022, Los Angeles (United States), Seed
Crypto-based lending and borrowing platform
$7.3M
44/100
10th
Logo for Parrot
Parrot
2021, Finland, Seed
DeFi network built on Solana
$5M
40/100
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Aave's Investments and acquisitions

Aave has made 5 investments in companies including Ethereum Institutional and Ethereum Institutional. Aave has also acquired 2 companies including Stable and Sonar.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 30, 2026
Investments
2026
-
Jul 02, 2026
Investments
2026
-
Oct 23, 2025
Acquisition
2021
San Francisco (United States)
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Reports related to Aave

Here is the latest report on Aave's sector:

News related to Aave

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Media has covered Aave for a total of 93 events in the last 1 year, 58 of them have been about company updates and 7 about partnerships.
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