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
- Email ID
- *****@aave.com
- Registered Address
- 128 City Road, London, United Kingdom, EC1V 2NX
Key Metrics
Founded Year
2009
Location
London, United Kingdom
Stage
Series B
Total Funding
$29.5M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 63 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
144 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Aave
Aave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PUSH LABS LIMITED CIN: 11632462 , United Kingdom, Active | Oct 19, 2018 | £1M - £10M (As on Dec 31, 2024) | 5 (As on Dec 31, 2024) |
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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 |
View details of Aave's funding rounds and investors
Aave's founders and board of directors
Founder? Claim ProfileThe founders of Aave is Stani Kulechov. Stani Kulechov is the CEO of Aave.
Here are the details of Aave's key team members:
- Stani Kulechov: Founder & CEO of Aave. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Aave's Founder profiles and Board Members
Aave's employee count trend
Aave has 144 employees as of Jul 26. Here is Aave's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Compound 2017, San Francisco (United States), Series B | P2P lending platform based on the Ethereum blockchain | $79.4M | 70/100 | |
2nd | Aave 2009, London (United Kingdom), Series B | Decentralized crypto lending marketplace for consumers | $29.5M | 64/100 | |
3rd | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
4th | Folks Finance 2021, Milan (Italy), Series A | Capital Markets Protocol | $6.2M | 54/100 | |
5th | Venus 2012, United States, Funding Raised | Decentralized marketplace for lenders & borrowers with stablecoins | - | 50/100 | |
6th | Arkis 2022, London (United Kingdom), Seed | Platform for facilitating institutional lending and borrowing in crypto | $2.25M | 50/100 | |
7th | Dharma 2017, San Francisco (United States), Acquired | Blockchain-enabled lending protocol | $7.12M | 49/100 | |
8th | Across 2021, Funding Raised | Provides transaction transfer solutions from Layer 2 | - | 45/100 | |
9th | Archimedes 2022, Los Angeles (United States), Seed | Crypto-based lending and borrowing platform | $7.3M | 44/100 | |
10th | DeFi network built on Solana | $5M | 40/100 |
Looking for more details on Aave's competitors? Click here to see the top ones
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:
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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) |
See all investments by Aave
Reports related to Aave
Here is the latest report on Aave's sector:
News related to Aave
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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BTCS uses Ethereum to repay Aave debt and ends Q2 with just $317,000 in cashCryptoSlate•Aug 21, 2026•BTCS, Aave
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EtherFi Cash Migrates Lending Backend to Aave V4 on OP Mainnet for Enhanced Crypto BorrowingThe Crypto Times•Aug 13, 2026•Aave, ether.fi
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AAVE Price Prediction: $88 Holds or Smart Money Gets Squeezed Into Q4Bitcoin Ethereum News•Aug 01, 2026•Aave
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Aave Labs Selects Chainlink CCIP for Upcoming Multi-Chain App to Facilitate Cross-Chain Asset TransfersThe Crypto Times•Jul 14, 2026•Chainlink, Aave
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AAVE Price Eyes $528 Breakout As DeFi Lending Dominance Hits New MilestoneTron Weekly•Jul 13, 2026•Aave
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Aave Launches Stable Vaults to Enable Fintech Yield on Stablecoin DepositsCoinDesk•Jul 09, 2026•Aave
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