About Alo
Alo was founded in 1949 in Umeå, Sweden, and operates in the agricultural machinery sector. Front loaders are designed and produced for agricultural and industrial applications, alongside a range of compatible implements including buckets, forks, and grabs for handling materials such as bales, manure, and silage. Efficiency in material handling tasks is supported through these products. A network of dealers provides service and support.
- Headquarter Umea, Sweden
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
JOST World
& 1 more
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Employee Count
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- Acquired by
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Funding Insights of Alo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alo
Alo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include JOST World and Altor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location | |
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Vehicle connection and handling components are manufactured and distributed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alo Comparisons
Competitors of Alo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Alo
When was Alo founded?
Alo was founded in 1949.
Where is Alo located?
Alo is headquartered in Umea, Sweden.
Who is the current CEO of Alo?
Leif Thorwaldsson is the current CEO of Alo.
What does Alo do?
Alo was founded in 1949 in Umeå, Sweden, and operates in the agricultural machinery sector. Front loaders are designed and produced for agricultural and industrial applications, alongside a range of compatible implements including buckets, forks, and grabs for handling materials such as bales, manure, and silage. Efficiency in material handling tasks is supported through these products. A network of dealers provides service and support.
Who are Alo's investors?
Alo has 2 investors. Key investors include JOST World, and Altor.