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
139 as on Sep 30, 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 43 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 | 3044671 | Series B | 2605034 | 6572806 | 3079244 | 5535299 |
Jul 09, 2020 | 5871057 | Series A | 4294315 | 7622010 | 8347724 |
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 5 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 11m |
View details of Aave's Founder profiles and Board Members
Aave's employee count trend
Aave has 139 employees as of Sep 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 | 65/100 | |
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 | Arkis 2022, London (United Kingdom), Seed | Platform for facilitating institutional lending and borrowing in crypto | $2.25M | 50/100 | |
6th | Venus 2012, United States, Funding Raised | Decentralized marketplace for lenders & borrowers with stablecoins | - | 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 3 companies including Stable and Stable.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 | 2024 | New York City (United States) |
See all investments and acquisitions 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 100 events in the last 1 year, 62 of them have been about company updates and 7 about partnerships.
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Aave Integrates MetaMask Agent Wallet for DeFi TransactionsThe Crypto Times•Oct 09, 2026•Aave, MetaMask
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Aave and Pendle Partner to Retain DeFi Yield Capital Amidst Maturity RolloverCryptoSlate•Oct 06, 2026•Pendle, Aave
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Aave Reaches $1.1 Trillion in Total Borrow Volume, Solidifying DeFi LeadershipCryptocurrency•Oct 02, 2026•Aave
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Aave's Proposed $50M Lending Plan Faces Financial Risks Beyond DefaultsCryptoSlate•Sep 30, 2026•Aave, ether.fi
•
Aave V4 on Base integrates tokenized stocks from Coinbase as collateral for USDC loansCryptocurrency•Sep 25, 2026•Aave, Coinbase, Base
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Aave Plans RWA Lending Hub on Avalanche with Tether's USAT as Initial LiquidityThe Crypto Times•Sep 17, 2026•Aave
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Base Lending Reaches Record $2.75 Billion Driven by Morpho and Aave GrowthCryptocurrency•Sep 12, 2026•Morpho, Base, Aave
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Morpho Reaches $5B Loan Milestone, Closing Gap with DeFi Lending RivalsCryptocurrency•Sep 02, 2026•Morpho, Aave
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