Funding Details
- Awarder
- StartEngine
- Date Award
- January 01, 2024
- Vertical
- Transportation
- Funding URL
- View Funding Page
- Premoney Valuation
-
$1,000,000
- Valuation
-
$150,100,000
Company Info
- Founding Year
- 2019
- Traction
- Alto has swiftly carved a niche in the rideshare industry, addressing a market estimated by Morgan Stanley to hit a $70 billion TAM in the US by 2027. With $38 million gross bookings in 2023 and a fleet spanning major US cities, our traction speaks volumes.
- Revenue Amount
-
$38,000,000
- Organizations Involved
- RedBird Capital, GPG Ventures, Tuesday Capital, Franklin Templeton, NextEra Energy, Goff Capital
- Founders
- Will Coleman, Patrice Crisinel, Jonathan Campos
- Company Description
- Alto uses a dedicated fleet, employee drivers, and elegant apps to provide safe, consistent, quality rides.
- Market
- Rideshare
- Location
-
Dallas,
TX,
US
- Coinvestors
- RedBird Capital, GPG Ventures, Tuesday Capital, Franklin Templeton, NextEra Energy, Goff Capital
Links