About Alto
Alto is a company based in Dallas (United States) founded in 2018 by Boris Blanche, Will Coleman, and Patrice Crisinel. It operates as a On-Demand Services, Subscription Services, and Mobility-as-a-Service. Alto has raised $61.84 million across 5 funding rounds from investors including Sentera, Franklin Templeton and Tuesday Capital. Alto offers products and services including Alto Rideshare and Alto Membership. Alto operates in a competitive market with competitors including Uber, Lyft, Didi, Flywheel and Carey, among others.
- Headquarter Dallas, United States
- Founders Boris Blanche, Will Coleman, Patrice Crisinel
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Alto Technology Llc
-
Annual Revenue
$28.28 M172as on Dec 31, 2023
-
Net Profit
$-41.36 M-131as on Dec 31, 2023
-
EBITDA
-
Total Equity Funding
$61.84 M (USD)
in 5 rounds
-
Latest Funding Round
$20 M (USD), Debt – Conventional
Mar 14, 2025
-
Investors
Sentera
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Alto
Alto offers a comprehensive portfolio of products and services, including Alto Rideshare and Alto Membership. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury rideshare service with employee drivers is provided.
Membership for discounted rides and perks is offered.
Unlock access to complete
Funding Insights of Alto
Alto has successfully raised a total of $61.84M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in March 2025. 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 5
- Last Round Debt – Conventional — $20.0M
-
First Round
First Round
(06 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - Alto | Valuation |
investors |
|
| Oct, 2024 | Amount | Series B - Alto | Valuation |
investors |
|
| Jun, 2021 | Amount | Series B - Alto | Valuation | Tuesday Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alto
Alto has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Sentera, Franklin Templeton and Tuesday Capital. 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 |
|---|---|---|---|---|
|
Early-stage tech-focused VC firm investing primarily in the US
|
Founded Year | Domain | Location | |
|
Venture capital investing and portfolio management services for accredited investors.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital investments are made in medical startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Alto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Alto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alto Comparisons
Competitors of Alto
Alto 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 Uber, Lyft, Didi, Flywheel and Carey, 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 |
An online platform providing ride-hailing and food delivery services
|
|
| domain | founded_year | HQ Location |
App-based ride-hailing aggregator
|
|
| domain | founded_year | HQ Location |
An AI-enabled platform is operated for ride-hailing and on-demand services.
|
|
| domain | founded_year | HQ Location |
App-based on-demand taxi-hailing platform
|
|
| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an online platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Alto
Frequently Asked Questions about Alto
When was Alto founded?
Alto was founded in 2018.
Where is Alto located?
Alto is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Alto?
Will Coleman is the current CEO of Alto. They have also founded this company.
Is Alto a funded company?
Alto is a funded company, having raised a total of $61.84M across 5 funding rounds to date. The company's 1st funding round was a Series B of $45M, raised on Jun 06, 2018.
What is the annual revenue of Alto?
Annual revenue of Alto is $28.28M as on Dec 31, 2023.
What does Alto do?
A luxury rideshare service is operated by Alto, focusing on passenger safety and comfort in the transportation sector. Services are offered in cities like Dallas, Houston, Los Angeles, and Miami. Personalized rides with amenities such as complimentary water, chargers, and in-vehicle Wi-Fi are provided. Employee drivers, rather than contractors, are utilized to ensure consistent service quality. Additionally, membership plans with discounts and exclusive perks are made available to customers. The service is designed to elevate the standard of rideshare experiences through safety and excellence.
What products or services does Alto offer?
Alto offers Alto Rideshare and Alto Membership.
Who are Alto's investors?
Alto has 8 investors. Key investors include Sentera, Franklin Templeton, Tuesday Capital, Alumni Ventures, and Green Park & Golf Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.