About Alt Lending
Alt Lending is a Financial Services company based in New York (United States) founded in 2017 by Micah Spruill. Crypto-collateralized loans are facilitated through blockchain technology. Alt Lending has raised $1.01 million across 1 funding round. Its focus areas include FinTech, Cryptocurrencies, Lending and Consumer Loans. Its competitors include Airfox, TrueFi and Meow; 3 of its 3 listed competitors have raised funding.
Company details
Alt Lending was established in 2017 in New York, United States, within the blockchain and fintech sector. Loans are extended using cryptocurrencies as collateral, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and additional assets. Ownership of the collateral is retained by users throughout the process. Operations focus on decentralized lending mechanisms accessible via the platform at altlending.com.
- Headquarters New York, United States
- Founders Micah Spruill
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website altlending.com
- Social LinkedIn X
- Total Equity Funding$1.01M (USD)
in 1 rounds
- Latest Funding Round$1.01M (USD), Seed
Apr 2018
Funding Insights of Alt Lending
Alt Lending has successfully raised a total of $1.01M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.01 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.01M
- Total Rounds 1
- Last Round Seed — $1.01M
- First Round $1.01M
(Apr 2018)
All 1 funding rounds of Alt Lending with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $1.01M | Seed | – | – | – |
People of Alt Lending
1 people are tracked at Alt Lending (1 in leadership).
| Name | Role | Group |
|---|---|---|
Micah Spruill | Co-Founder | Leadership |
Complete people profiles for Alt Lending
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Alt Lending
2 dated milestones of Alt Lending across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Alt Lending is founded.
- Funding First funding round of $1.0M.
Competitors of Alt Lending
Alt Lending has 3 listed competitors in our database, 3 of them funded. They include Airfox, TrueFi and Meow.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airfox.com | 2016 | Boston, United States | $1.24M | Blockchain-based mobile wallet for recharges and loans is offered. | ||
| truefi.io | 2020 | San Francisco, United States | $12.5M | A decentralized protocol for cryptocurrency lending and borrowing is operated. | ||
| meow.com | 2010 | Miami Beach, United States | $33.11M | 9 | High-interest business banking services are provided to companies. |
Detailed competitors of Alt Lending
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Alt Lending (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Frequently Asked Questions about Alt Lending
Alt Lending was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Alt Lending is headquartered in New York, United States. It is registered at New York, New York, United States.
Alt Lending is a funded company, having raised a total of $1.01M across 1 funding round to date. The company's 1st funding round was a Seed of $1.01M, raised on Apr 2018.
Alt Lending was established in 2017 in New York, United States, within the blockchain and fintech sector. Loans are extended using cryptocurrencies as collateral, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and additional assets. Ownership of the collateral is retained by users throughout the process. Operations focus on decentralized lending mechanisms accessible via the platform at altlending.com.