When was Aave founded?

Aave was founded in 2009 and raised its 1st funding round 11 years after it was founded.

Where is Aave located?

Aave is headquartered in London, United Kingdom. It is registered at 128 City Road, London, United Kingdom, EC1V 2NX.

Who is the current CEO of Aave?

Stani Kulechov of Aave. They have also founded 1 company and are angel investors in 5 startups, including .

How many employees does Aave have?

As of Sep 30, 2026, the latest employee count at Aave is 139.

Is Aave a funded company?

Aave is a funded company, having raised a total of $29.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 09, 2020.

How much is Aave worth?

The latest valuation of Aave is $***** as of Jun 25, 2026.

When was the latest funding round of Aave?

Aave's latest funding was a $***** Series B round on Oct 12, 2020, with participation from 2 investors.

What is the annual revenue of Aave?

Annual revenue of Aave is between £1M and £10M as on Dec 31, 2024

Where does Aave rank among its competitors?

Aave ranks 2nd amongst 63 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Folks Finance, which secured $1.2M in Nov, 2024.

Who are the top competitors of Aave?

Aave's top competitors include Compound, Lido and Folks Finance. Among them, Folks Finance secured the most recent funding round in November, 2024.

Aave - 2026 Company Profile, Team, Funding, Competitors & Financials

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, with a current valuation of $*****. 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
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

Series B, Oct 12, 2020, $*****

Post Money Valuation

$***** as on Jun 25, 2026

Investors

Three Arrows Capital & 42 more

Ranked

2^nd among 63 active competitors

Annual Revenue

£1M - £10M as on Dec 31, 2024

Employee Count

139 as on Sep 30, 2026

Investment & Acquisitions

Ethereum Institutional & 7 more

Similar Companies

Compound & 67 more

View Aave's full profile

Aave is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PUSH LABS LIMITED CIN: 11632462 , United Kingdom, Active	Oct 19, 2018	£1M - £10M (As on Dec 31, 2024)	5 (As on Dec 31, 2024)

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	2488025	Series B	3814870	6776428	6709849	3186334
Jul 09, 2020	8307570	Series A	4696967	3570778	ParaFi & 2 more	8437761

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View details of Aave's funding rounds and investors

The 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
Stani Kulechov	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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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	Compound 2017, San Francisco (United States), Series B	P2P lending platform based on the Ethereum blockchain	$79.4M	Andreessen Horowitz, Polychain & 32 others	70/100
2nd	Aave 2009, London (United Kingdom), Series B	Decentralized crypto lending marketplace for consumers	$29.5M	2020 Ventures, SWS Venture Capital & 41 others	65/100
3rd	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, Semantic Ventures & 22 others	63/100
4th	Folks Finance 2021, Milan (Italy), Series A	Capital Markets Protocol	$6.2M	Borderless Capital, ParaFi & 26 others	54/100
5th	Arkis 2022, London (United Kingdom), Seed	Platform for facilitating institutional lending and borrowing in crypto	$2.25M	gCC, Roosh & 3 others	50/100
6th	Venus 2012, United States, Funding Raised	Decentralized marketplace for lenders & borrowers with stablecoins	-	The Arbitrum Foundation, Mint Ventures	50/100
7th	Dharma 2017, San Francisco (United States), Acquired	Blockchain-enabled lending protocol	$7.12M	Cantos Ventures, Y Combinator & 18 others	49/100
8th	Across 2021, Funding Raised	Provides transaction transfer solutions from Layer 2	-	Hack VC, Paradigm & 2 others	45/100
9th	Archimedes 2022, Los Angeles (United States), Seed	Crypto-based lending and borrowing platform	$7.3M	Hack VC, Shima Capital & 15 others	44/100
10th	Parrot 2021, Finland, Seed	DeFi network built on Solana	$5M	Alameda Research, NGC Ventures & 10 others	40/100

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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:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 30, 2026	Investments	Ethereum Institutional	2026	-
Jul 02, 2026	Investments	Ethereum Institutional	2026	-
Oct 23, 2025	Acquisition	Stable	2024	New York City (United States)