About Altress
Altress is a company based in New York (United States) founded in 2007.. Altress has raised $90 thousand across 2 funding rounds. The company has 28 employees as of December 31, 2022. Altress operates in a competitive market with competitors including Joseph Abboud, Threadless, RageOn, Bow & Drape and Bonfire, among others.
- Headquarter New York, United States
- Employees 28 as on 31 Dec, 2022
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90 K (USD)
in 2 rounds
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Latest Funding Round
$90 K (USD), Seed
Nov 14, 2019
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Investors
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Employee Count
28
as on Dec 31, 2022
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Funding Insights of Altress
Altress has successfully raised a total of $90K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $90 thousand completed in November 2019. 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 2
- Last Round Seed — $90,000
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First Round
First Round
(03 Apr 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Altress | Valuation |
investors |
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| Apr, 2019 | Amount | Debt – Conventional - Altress | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Altress
| 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 - Altress
| 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 |
Altress Comparisons
Competitors of Altress
Altress 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 Joseph Abboud, Threadless, RageOn, Bow & Drape and Bonfire, 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 |
Men's fashion wear is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Community-driven designs for t-shirts and apparel are crowdsourced online.
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| domain | founded_year | HQ Location |
All-over-print products are sold via an online store.
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| domain | founded_year | HQ Location |
Internet-first brand of custom clothing
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| domain | founded_year | HQ Location |
Apparel is designed and sold through an online platform.
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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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Frequently Asked Questions about Altress
When was Altress founded?
Altress was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is Altress located?
Altress is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Altress a funded company?
Altress is a funded company, having raised a total of $90K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $200K, raised on Apr 03, 2019.
How many employees does Altress have?
As of Dec 31, 2022, the latest employee count at Altress is 28.
What does Altress do?
Altress was founded in 2007 in New York, United States, within the e-commerce and fashion sector. An online platform is maintained where womens apparels can be customized based on user preferences for various occasions. Dresses are designed through interactive inputs, and ready-made options are provided as alternatives. Operations focus on direct-to-consumer services in the apparel industry.
Who are the top competitors of Altress?
Altress's top competitors include Bonfire, Greek House and Threadless.