Alto (Equity)
Funding Details
Awarder
StartEngine
Date Award
January 1, 2024
Vertical
Transportation
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$150,100,000
Funding Amount
$2,040,000
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
Market
Rideshare
Location
Dallas, TX, US
Coinvestors
RedBird Capital, GPG Ventures, Tuesday Capital, Franklin Templeton, NextEra Energy, Goff Capital
Company Description

Alto uses a dedicated fleet, employee drivers, and elegant apps to provide safe, consistent, quality rides.

Links
WebsiteCrunchbaseLinkedInTwitter
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