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Total amount raised
$2.54B
Latest funding date
2026-02-11
Location
Lendbuzz has successfully raised significant funding through multiple rounds, including a recent $262 million debt financing round. The platform offers auto loans that consider more than just credit scores, aiming to expand access to credit for consumers with thin U.S. credit histories.
What Is Lendbuzz?
Lendbuzz, founded in November 2015, is a Boston-based company specializing in auto loans and financial services. The company operates within the AI, FinTech, and lending industries, leveraging advanced technologies to offer car financing solutions.
Founded by Amitay Kalmar and Dan Raviv, Lendbuzz employs between 251 and 500 people. The platform aims to assist consumers with thin or no U.S. credit history by using AI and machine learning to assess creditworthiness, thereby providing accessible financing options.
How Much Funding Has Lendbuzz Raised?
- Debt Financing (Warehouse Facility)
- Amount Raised: $150M
- Date: November 2022
- Lead Investors: JP Morgan
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Lendbuzz's car financing platform and enhance its AI capabilities.
- Debt Financing (Warehouse Facility)
- Amount Raised: $125M
- Date: May 2023
- Lead Investors: Royal Bank of Canada
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's strategic growth and fund its loan operations.
- Debt Financing (Credit Facility)
- Amount Raised: $20M
- Date: June 2023
- Lead Investors: BHI
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To diversify Lendbuzz's sources of committed capital.
- Series D (Equity + Forward Flow)
- Amount Raised: $45M equity + $300M forward flow facility ($345M total)
- Date: October 2023
- Lead Investors: Group1001 (lead equity); 83North, O.G. Venture Partners, MUFG Innovation Partners (participating)
- Valuation at Round: ~$1.07B post-money
- Motivation Behind the Round: To expand the company's car financing solutions, AI capabilities, and provide a large forward flow capital commitment.
- Debt Financing (ABS — LBZZ 2024-1)
- Amount Raised: $219M
- Date: February 2024
- Lead Investors: Goldman Sachs & Co. LLC (lead bookrunner); JP Morgan, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: First securitization of 2024; achieved first-ever AAA rating on notes.
- Debt Financing (Forward Flow — AB CarVal)
- Amount Raised: $330M
- Date: March 2024
- Lead Investors: AB CarVal Funds
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To diversify capital sources and support continued loan origination growth.
- Debt Financing (Warehouse Facility)
- Amount Raised: $100M
- Date: May 2024
- Lead Investors: Mizuho Americas
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To secure new pools of capital and strengthen the relationship with a global bank.
- Debt Financing (ABS — LBZZ 2024-2)
- Amount Raised: $216M
- Date: May 2024
- Lead Investors: JP Morgan Securities LLC (lead bookrunner); Goldman Sachs, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue expanding the ABS program and grow auto loan origination volume.
- Debt Financing (Warehouse Facility)
- Amount Raised: $100M
- Date: June 2024
- Lead Investors: MUFG
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel loan origination growth and diversify warehouse capital sources.
- Debt Financing (Forward Flow)
- Amount Raised: $400M
- Date: August 2024
- Lead Investors: Viola Credit
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Lendbuzz's market reach and better serve consumers with thin credit history.
- Debt Financing (ABS — LBZZ 2024-3)
- Amount Raised: $262M
- Date: October 2024
- Lead Investors: Goldman Sachs & Co. LLC (lead bookrunner); JP Morgan, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand the company's car financing platform and ABS program.
- Debt Financing (ABS — LBZZ 2025-1)
- Amount Raised: $262M
- Date: January 2025
- Lead Investors: JP Morgan Securities LLC (lead bookrunner); Goldman Sachs, MUFG, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: First securitization of 2025; to grow auto loan origination and expand Lendbuzz's ABS program.
- Debt Financing (ABS — LBZZ 2025-2)
- Amount Raised: $266M
- Date: July 2025
- Lead Investors: Goldman Sachs & Co. LLC (lead bookrunner); JP Morgan, Mizuho, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand credit access for vehicle purchases and continue growing the ABS program.
- Debt Financing (ABS — LBZZ 2026-1)
- Amount Raised: $246M
- Date: February 2026
- Lead Investors: JP Morgan Securities LLC (lead bookrunner); Goldman Sachs, RBC Capital Markets (joint bookrunners)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: First securitization of 2026; to fund continued auto loan growth and further expand the ABS program beyond $2.4 billion total.
Total Amount Raised: At least $2.54B based on publicly disclosed funding rounds (including ABS securitizations, warehouse facilities, and equity rounds). Lendbuzz has completed more than $2.4 billion in publicly syndicated ABS alone.
Current Valuation: Not publicly disclosed
Key Investors
- Viola Credit
- Details: Viola Credit is a global alternative asset manager focused on providing credit solutions to technology-driven companies. They are a significant long-standing partner of Lendbuzz, most recently committing $400 million in a forward flow agreement in August 2024.
- Investment Focus Areas: Fintech, technology, credit solutions
- Notable Investments: Various fintech and technology companies
- JP Morgan
- Details: JP Morgan is a global financial services firm offering investment banking, financial services, and asset management. They led a $150 million warehouse facility for Lendbuzz in 2022 and have served as lead bookrunner and structuring agent on multiple Lendbuzz ABS transactions.
- Investment Focus Areas: Investment banking, financial services, asset management
- Notable Investments: Not publicly disclosed
- Goldman Sachs
- Details: Goldman Sachs provided $300 million in debt financing to Lendbuzz in 2021 and has acted as lead bookrunner on several Lendbuzz ABS securitizations.
- Investment Focus Areas: Investment banking, financial services, asset management
- Notable Investments: Not publicly disclosed
- Group1001
- Details: Group1001 is an insurance holding company that invests in innovative financial solutions. They led the Series D equity round for Lendbuzz in October 2023 and committed $300 million in a forward flow facility.
- Investment Focus Areas: Insurance, financial services, technology
- Notable Investments: Not publicly disclosed
- Mizuho Americas
- Details: Mizuho Americas is part of Mizuho Financial Group, offering a range of financial services. They provided a $100 million warehouse facility to Lendbuzz in May 2024 and have served as co-manager on multiple ABS transactions.
- Investment Focus Areas: Financial services, banking, asset management
- Notable Investments: Various large-scale financial transactions and investments
- Royal Bank of Canada
- Details: Royal Bank of Canada is one of the largest banks in Canada, providing a wide range of financial services. They led a $125 million warehouse facility for Lendbuzz in May 2023 and have participated as joint bookrunner on Lendbuzz ABS transactions.
- Investment Focus Areas: Banking, financial services, wealth management
- Notable Investments: Not publicly disclosed
What's Next for Lendbuzz?
With the recent $100 million warehouse facility secured from Mizuho Americas, Lendbuzz is poised to expand its reach and diversify its capital sources. This partnership not only strengthens their financial foundation but also opens doors to future funding opportunities, potentially leading to more strategic investments and growth.
As Lendbuzz continues to leverage AI and machine learning to serve consumers with limited credit history, the company faces the challenge of maintaining the accuracy of its algorithms. Additionally, navigating regulatory requirements and managing competition from other fintech firms will be crucial for sustained success.
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