Alto (Automotive) Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
168
- Latest Deal Type
-
Angel
- (Cancelled)
- Latest Deal Amount
-
$2M
- Investors
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12
Alto (Automotive) General Information
Description
Provider of rideshare transportation services designed for personal and business travel. The company's platform operates an all-electric fleet, employs W-2 drivers, and uses AI-based safety monitoring and fleet management technology, enabling customers to access managed transportation services with standardized operations and safety controls.
Contact Information
Website
www.ridealto.comCorporate Office
- 141 Manufacturing Street
- Dallas, TX 75207
- United States
Corporate Office
- 141 Manufacturing Street
- Dallas, TX 75207
- United States
Alto (Automotive) Timeline
Alto (Automotive) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Angel (individual) | $2M | Cancelled | Generating Revenue | |||
| 12. Debt - General | 31-Mar-2025 | Completed | Generating Revenue | |||
| 11. Mezzanine | 22-Nov-2024 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series C) | 25-Mar-2024 | Completed | Generating Revenue | |||
| 9. Debt - General | Completed | Generating Revenue | ||||
| 8. Equity Crowdfunding | 26-Mar-2024 | Completed | Generating Revenue | |||
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Later Stage VC (Series C) | 26-Sep-2022 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 01-Jul-2022 | $59.5M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series B) | 07-Jun-2021 | $45M | $59.5M | Completed | Generating Revenue |
Alto (Automotive) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C-F | ||||||||
| Series C-1 | ||||||||
| Series CC | ||||||||
| Series BB-2 | ||||||||
| Series BB-1 | ||||||||
| Series AA-2 | 4,369,355 | $0.000010 | $1.55 | $1.55 | 1x | $1.55 | 5.31% | |
| Series AA-1 | 5,923,078 | $0.000010 | $1.3 | $1.3 | 1x | $1.3 | 7.19% |
VC Exit Predictor
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Alto (Automotive) Comparisons
Industry
Financing
Details
Alto (Automotive) Competitors (6)
One of Alto (Automotive)’s 6 competitors is DiDi Global, a Formerly PE-Backed company based in Beijing, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| DiDi Global | Formerly PE-Backed | Beijing, China | ||||
| Blacklane | Corporate Backed or Acquired | Berlin, Germany | ||||
| Uber | Formerly VC-backed | San Francisco, CA | ||||
| Zūm | Private Equity-Backed | Redwood City, CA | ||||
| Lyft | Formerly VC-backed | San Francisco, CA |
Alto (Automotive) Signals
Alto (Automotive) Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| SkyWalker Property Partners | Real Estate | Minority | ||
| Charles & Potomac Capital | Family Office | Minority | ||
| Escalate Capital Partners | Mezzanine | Minority | ||
| Franklin Venture Partners | Venture Capital | Minority | ||
| NextEra Energy Resources | Corporation | Minority |
Alto (Automotive) FAQs
-
When was Alto (Automotive) founded?
Alto (Automotive) was founded in 2018.
-
Where is Alto (Automotive) headquartered?
Alto (Automotive) is headquartered in Dallas, TX.
-
What is the size of Alto (Automotive)?
Alto (Automotive) has 168 total employees.
-
What industry is Alto (Automotive) in?
Alto (Automotive)’s primary industry is Automotive.
-
Is Alto (Automotive) a private or public company?
Alto (Automotive) is a Private company.
-
What is the current valuation of Alto (Automotive)?
The current valuation of Alto (Automotive) is .
-
What is Alto (Automotive)’s current revenue?
The current revenue for Alto (Automotive) is .
-
How much funding has Alto (Automotive) raised over time?
Alto (Automotive) has raised $151M.
-
Who are Alto (Automotive)’s investors?
SkyWalker Property Partners, Charles & Potomac Capital, Escalate Capital Partners, Franklin Venture Partners, and NextEra Energy Resources are 5 of 12 investors who have invested in Alto (Automotive).
-
Who are Alto (Automotive)’s competitors?
DiDi Global, Blacklane, Uber, Zūm, and Lyft are some of the 6 competitors of Alto (Automotive).
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