About alt
alt is a company based in San Francisco (United States) founded in 2015.. alt has raised $52.1 million across 7 funding rounds from investors including Sumitomo Mitsui Banking Corporation, Mizuho Financial Group and KEYENCE. The company has 70 employees as of December 31, 2021. alt operates in a competitive market with competitors including Deepfine, Apira Technologies, EISKO, GeminID and Digital Reality Lab, among others.
- Headquarter San Francisco, United States
- Employees 70 as on 31 Dec, 2021
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alt Platform Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.1 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Sumitomo Mitsui Banking Corporation
& 16 more
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Employee Count
70
as on Dec 31, 2021
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Funding Insights of alt
alt has successfully raised a total of $52.1M across 7 strategic funding rounds. 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 Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(24 Jun 2016)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series D - alt | Valuation |
investors |
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| Sep, 2023 | Amount | Debt – Conventional - alt | Valuation |
investors |
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| Jun, 2022 | Amount | Series D - alt | Valuation | Vertex Growth |
| 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 alt
alt has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Sumitomo Mitsui Banking Corporation, Mizuho Financial Group and KEYENCE. 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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Collaboration between ventures and Kintetsu Group is promoted by the company.
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Founded Year | Domain | Location | |
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Venture capital investments are made in SaaS and AI startups.
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Founded Year | Domain | Location | |
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AG Capital is involved in unspecified business activities.
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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
|
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 alt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - alt
| 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 |
Alt Comparisons
Competitors of alt
alt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deepfine, Apira Technologies, EISKO, GeminID and Digital Reality Lab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
3D sensor fusion systems
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| domain | founded_year | HQ Location |
AI-powered tools for digital avatars and content creation are provided.
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| domain | founded_year | HQ Location |
3D capture and reconstruction technology solutions provider
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| domain | founded_year | HQ Location |
Creates 3D digital doubles from selfies for personalized user experiences in apps and games.
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| domain | founded_year | HQ Location |
Offers 3D scanning, processing, and models for AI, R&D, e-commerce, and video games.
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| 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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Latest news on Alt
Frequently Asked Questions about alt
When was alt founded?
alt was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is alt located?
alt is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is alt a funded company?
alt is a funded company, having raised a total of $52.1M across 7 funding rounds to date. The company's 1st funding round was a Series D of $27.27M, raised on Jun 24, 2016.
How many employees does alt have?
As of Dec 31, 2021, the latest employee count at alt is 70.
What does alt do?
ALT AI was founded in 2015 in San Francisco, United States, focusing on artificial intelligence applications. An iOS-based personalized virtual assistant is developed and offered by the company within the technology sector. The service was made available free of cost starting in March 2016. Operations center on virtual assistance functionalities, with the domain alt.ai utilized. Additional specifics on features were not disclosed as of March 2016.
Who are the top competitors of alt?
alt's top competitors include Deepfine, Apira Technologies and EISKO.
Who are alt's investors?
alt has 17 investors. Key investors include Sumitomo Mitsui Banking Corporation, Mizuho Financial Group, KEYENCE, TIS, and Ogaki Kyoritsu Bank.