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Avant Claimed Company
Avant is dedicated to building premier digital banking solutions for the middle class through a combination of technology, analytics and superior customer service. Since 2012, Avant has connected over 1.5 million customers to over $7.5 billion in loans and 800,000 credit cards. A high growth financial technology company, Avant has been featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune, Bloomberg, and has raised over $600 million of equity capital.
We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. read more
Avant Company Culture
Avant Culture
This score is derived from employee ratings & reviewsChoice Employer
A+
4.7/5
Top Rated Culture Dimensions
CEO Rating
A+Compensation
A+Executive Team
A+Leadership
A+Manager
A+Avant CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Matt Bochenek
84 /100
See More
Diversity at Avant
Top 15%Top 15% of Similar Size Companies on Comparably
A-
Diverse employees at Avant have rated Team, Meetings, and Perks And Benefits as the highest categories they have scored
Women at Avant
Top 25%Top 25% of Similar Size Companies on Comparably
B
Women at Avant have rated Team, Perks And Benefits, and Meetings as the highest categories they have scored
Avant eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 10%Top 10% of Similar Size Companies on Comparably
Recommend to a Friend?
54
Avant employees are 54% more likely to recommend Avant as a great place to work
| 69% | Promoters |
|---|---|
| 16% | Passives |
| 15% | Detractors |
Working at Avant
Working at Avant is rated highly by 215 employees, across various culture dimensions. Avant employees are most satisfied about CEO Rating, Compensation, and Executive Team categories, putting Avant’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 10% compared to other companies in Chicago. See below in detail how working at Avant was rated by employees.
Overall Company Culture at Avant
A+
Overall Company Culture at Avant is rated A+
Last updated months ago
Top
5%
Avant ranks in the Top 5% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Avant Employee Reviews
Out of 423 Avant employee reviews, 88% were positive. The remaining 12% were constructive reviews with the goal of helping Avant improve their work culture.
| Positive Reviews | 88% |
|---|---|
| Constructive Feedback | 12% |
Positive Reviews From Avant Employees
- What is most positive about the culture and environment at your company?Again the openness and problem solving that takes place at all levels.
- What are some of the best things about your team?They are all competent and motivated
- What did you like most about the interview process?It was much different when I joined. It has significantly changed. I enjoy having real conversations with people about the role, company, etc.
Constructive Feedback From Avant Employees
- Why do you feel undervalued and what would make you feel better about your compensation?I would like more money for the value I provide to the company
- Why do you feel undervalued and what would make you feel better about your compensation?Most individual contributors are underpaid for their skills and experience
- What does the leadership team need to get better at?Transparency, defining compny goals and objectives
Avant Company Information
Avant Company Overview
Avant is dedicated to building premier digital banking solutions for the middle class through a combination of technology, analytics and superior customer service. Since 2012, Avant has connected over 1.5 million customers to over $7.5 billion in loans and 800,000 credit cards. A high growth financial technology company, Avant has been featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune, Bloomberg, and has raised over $600 million of equity capital. We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking.
Avant was founded in 2012 and its current CEO is Matt Bochenek. Since its inception 14 years ago, Avant has grown to 800 employees.
Avant Mission, Vision & Values
Avant Mission Statement
Avant provides everyday consumers with access to smart financial tools that help them get ahead in life, through a combination of technology, analytics and superior customer service. Since 2012, we've grown like crazy, tried new things, and learned a lot. Through it all, we've maintained the authenticity of a startup while gaining the resources of an established fintech. We prioritize Diversity, Equity & Inclusion, keep our values front and center, and know that good ideas can come from anyone.
Avant Values
- Authenticity. We show up to work as our whole selves and make sure others can too.
- Collaboration. We can only succeed when we do so as a team.
- Problem-Solving. The harder the problem, the more satisfying the solution.
- Customer. We are all owners of the customer experience.
- Initiative. Plan. Adapt. Get Sh!t Done.
| Headquarter | 222 W Merchandise Mart Plaza, Suite 900 Chicago, IL 60654 United States of America |
|---|---|
| Website | www.avant.com |
| Founding Date | 2012 |
| Tel | 1-800-712-5407 |
| Company Status | Private |
| Jobs | www.avant.com/jobs |
| Social Sites |
Avant Competitors
Avant competitors include OnDeck, SoFi, Pave, and LendingClub. Avant ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Avant compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Avant Employees
Avant has 800 employees. 215 employees at Avant have reviewed Avant across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 215 Avant employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Avant are pleased with their total compensation at Avant, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Avant are extremely happy with their team. 215 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Avant are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Avant believe the environment at Avant is positive. Most Participants believe the pace of work at Avant is comfortably fast. About 67% of the employees at Avant work 8 hours or less, while 2% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Avant are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Avant employees generally work 8.8 hrs a day
Work Hours
A Day in the Life
Employees at Avant report the work pace is comfortably fast
Work Pace
A Day in the Life
On a typical day, employees at Avant have 1 meeting
Meetings
A Day in the Life
97% of Avant employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Avant employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
83% of Avant employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Avant employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
91% of Avant employees call their work environment positive
Environment
Joining Avant - Employee Onboarding
The prevailing opinion from employees about joining Avant is that the company was prepared on their first day. Avant employees concluded that their overall onboarding experience was positive. 85% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Avant KPIs and OKRs
Avant KPIs and OKRs are most clear in the Engineering department and HR department, whilst employees in Product and Operations departments think their goals least clear. Out of 29 Avant employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 24 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Featured Press for Avant
Avant CEO & Leadership
84 /100
Avant CEO Awards and Recognitions
Avant’s CEO Matt Bochenek started in this role in 2021. Matt’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Chicago. With a high CEO score, Matt Bochenek has won the Top 30% Rated CEO in 2016. Avant’s CEO is highly regarded especially by employees in the IT department, employees in the HR department, and African American/Black employees. However, employees with the company for Less than 1 Year, employees in the Admin department, and employees identified with Other ethnicities have a less favorable view of the CEO and believe there is room for improvement. Compared to Avant’s competitors, Matt Bochenek ranks right above SoFi CEO Anthony Noto. Under Bochenek’s leadership, Avant employee respondents are most happy about their Compensation and the company’s Executive Team. Office Culture and Professional Development are two areas, according to respondents, where Avant could stand to see real improvement.
Avant Leadership
The Avant Executive Team is rated an “A+” and led by CEO Matt Bochenek, Chief Compliance Officer Karoline Andris, and Vice Chairman James Paris
Matt Bochenek CEO / President
Matt Bochenek serves as the CEO / President of Avant.
Karoline Andris Chief Compliance Officer
Karoline Andris serves as the Chief Compliance Officer of Avant. Karoline started at Avant in March of 2018. Karoline... read more
James Paris Vice Chairman
James Paris started at Avant in June of 2018. James currently resides in the Greater Chicago Area.
Bhanu Arora Chief Risk Officer
Bhanu Arora serves as the Chief Risk Officer of Avant.
Debtosh Banerjee Head of Card
Debtosh Banerjee serves as the Head of Card of Avant.
Kevin Friedrich Chief Financial Officer
Kevin Friedrich serves as the Chief Financial Officer of Avant.
Paul Zhang Chief Technology Officer
Paul Zhang serves as the Chief Technology Officer of Avant.
Matt Bochenek Chief Executive Officer
Matt Bochenek serves as the Chief Executive Officer of Avant.
Tim Schlueter Chief Operating Officer
Tim Schlueter serves as the Chief Operating Officer of Avant.
Avant Salaries
How much does Avant pay?
How much do people at Avant get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Avant is $81,859, or $39 per hour, while the estimated median salary is $78,281, or $37 per hour.
At Avant, the highest paid job is a Director of Sales at $230,324 annually and the lowest is a CS Rep at $30,400 annually. Average Avant salaries by department include: IT at $59,849, Product at $167,843, Operations at $76,510, and Marketing at $105,145. Half of Avant salaries are above $78,281.
179 employees at Avant rank their Compensation in the Top 5% of similar sized companies in the US (based on 593 ratings) while 175 employees at Avant rank their Perks And Benefits in the Top 5% of similar sized companies in the US (based on 200 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $30k | $30k | 1st Percentile |
17th Percentile $59k | $59k | 17th Percentile |
33rd Percentile $78k | $78k | 33rd Percentile |
50th Percentile $138k | $138k | 50th Percentile |
67th Percentile $195k | $195k | 67th Percentile |
83rd Percentile $239k | $239k | 83rd Percentile |
100th Percentile $262k | $262k | 100th Percentile |
$81,859*
Average Compensation
$78,281*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Avant Salaries by Department
Diversity & Inclusion at Avant
Diverse employees at Avant score the company 81/100 across various culture categories, placing Avant in the Top 15% of companies on Comparably with 501-1,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Avant across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Avant Perks & Benefits
Avant offers terrific perks and benefits, fun social events, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported. Learn more about life @Avant : https://www.avant.com/blog/category/avant/
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Performance Bonus
Office Perks
- Free Food
- Company Social Outings
- Work From Home Policy
- Unique Office Space
Avant PTO
Avant's PTO and Vacation policy typically gives unlimited days off a year with 83% of employees expected to be work free while out of office. Paid Time Off is Avant's most important benefit besides Healthcare when ranked by employees, with 33% of employees saying it is the most important benefit. Avant's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Avant Careers
Avant Jobs
No Recent Jobs found for Avant on Comparably
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H1B Visa
In 2019, Avant applied for 22 H1B visas. Of the work permits applied for, 91% were approved.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Avant unveil that one approved work permit application was withdrawn before the employee’s start date.
Work Permit Application Outcome
Avant has a total of 800 employees
22
Total Applied
H1B Applications Outcome
- 91% Granted (20 out of 22)
- 0% Denied ( out of 22)
- 9% Withdrawn Application was withdrawn by the employer before approval/rejection (2 out of 22)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 22)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Avant Know You Want To Work There
Overview of Candidates Interested in Avant on Comparably
Candidates By Department
All Industries | 22% | |
|---|---|---|
Engineering | 14% | |
Design | 10% | |
IT | 8% | |
Marketing | 8% | |
Other | 39% |
Candidates By Location
Chicago | 50% | |
|---|---|---|
New York City | 5% | |
Los Angeles | 2% | |
San Francisco | 2% | |
Seattle | 1% | |
Other | 41% |
Avant Internship Program
Acquiring a position in Avant's Internship Program is generally not difficult. Why intern at Avant? Employees are extremely happy at Avant and rate their office perks as good. It’s summer, interning should not be only a learning experience, but also an enjoyable one. Avant employees say they’re never bored at work. Additionally, 58% have developed close friendships with their co-workers.
How difficult is it to get an internship at Avant?
Engineering
Operations
HR
Very Difficult25%
Somewhat Difficult0%
Not Difficult50%
Difficult0%
Does Not Offer Internships25%
Answered by 4 Engineering Interns
Very Difficult0%
Somewhat Difficult0%
Not Difficult50%
Difficult0%
Does Not Offer Internships50%
Answered by 4 Operations Interns
Very Difficult0%
Somewhat Difficult67%
Not Difficult33%
Difficult0%
Does Not Offer Internships0%
Answered by 3 HR Interns
Frequently Asked Questions regarding Avant
What is Avant address?
Avant location is at 222 W Merchandise Mart Plaza, Suite 900
Who is the CEO of Avant?
Avant CEO is Matt Bochenek, their score by employees is 84
What is Avant eNPS?
The eNPS for Avant is 54
What is the salary for CS Rep in Avant?
CS Rep average salary in the US is 30k
What are the salaries in the Engineering in Avant?
The average salaries for Engineering in Avant is 94k
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