About Altro
Altro is a company based in Los Angeles (United States) founded in 2019 by Ayush Jain and Michael Broughton. It operates as a FinTech. Altro has raised $24.65 million across 5 funding rounds from investors including Citi, Pendulum Holdings and Marcy Venture Partners. Altro offers products and services including Altro Credit Product. Altro operates in a competitive market with competitors including Credit Sesame, Dovly, Bloom Credit, Pave and Bonify, among others.
- Headquarter Los Angeles, United States
- Founders Ayush Jain, Michael Broughton
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$24.65 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Series A
Mar 07, 2024
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Investors
Citi
& 10 more
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Employee Count
Not available
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Products & Services of Altro
Altro offers a comprehensive portfolio of products and services, including Altro Credit Product.
Credit building through subscriptions and rent is enabled.
People of Altro
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Funding Insights of Altro
Altro has successfully raised a total of $24.65M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in March 2024. 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.
Investors in Altro
Altro has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Citi, Pendulum Holdings and Marcy Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in consumer businesses
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Corporate venture capital firm backed by Citi
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Black Capital is focused on early-stage investments for underrepresented founders.
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Investor details for Altro
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Investments & Acquisitions by Altro
Investment portfolio details for Altro
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Financial Statements - Altro
Detailed financials for Altro
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Altro Comparisons
Peer comparison for Altro
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Competitors of Altro
Altro 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 Credit Sesame, Dovly, Bloom Credit, Pave and Bonify, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Personal finance management and price comparison of financial products
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Credit reports are pulled automatically, disputes sent, and changes monitored.
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| Locked | Locked | Locked |
Tools for credit repair and score management are provided.
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Pave is focused on helping users build credit scores.
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| Locked | Locked | Locked |
Provider of a credit reporting and improvement platform
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Detailed competitors of Altro
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Latest news on Altro
Complete news archive for Altro
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Frequently Asked Questions about Altro
Altro was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Altro is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Altro is a funded company, having raised a total of $24.65M across 5 funding rounds to date.
Altro is engaged in providing credit-building solutions by allowing users to report subscriptions and rent payments. The company operates in the financial services sector, targeting individuals seeking to improve their credit scores. Its nationally recognized tri-bureau credit product has been developed to support financial empowerment across the United States.
Altro's top competitors include Credit Sesame, Bloom Credit and Bonify.
Altro offers Altro Credit Product.
Altro has 11 investors. Key investors include Citi, Pendulum Holdings, Marcy Venture Partners, Citi Ventures, and Black Capital.