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Altro - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Altro including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Altro company logo

Altro is a financial platform helping people build credit through recurring payments and subscriptions.

Altro is a financial platform helping people build credit by leveraging recurring payments and subscriptions like rent and digital services.

HeadquartersLos Angeles, United States
Team size401-500
Founded2019

What is Altro? - Company Overview & Details

Altro is Altro is a financial platform helping people build credit by leveraging recurring payments and subscriptions like rent and digital services. Founded in 2019, the company is headquartered in Los Angeles, United States.

Who Founded Altro?

Altro was founded by Michael Broughton.

Who are the Key Executives at Altro? - Leadership Team

Altro is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Altro

Michael BroughtonCEO

Chief Technology Officer (CTO) of Altro

CTO

About Michael Broughton - CEO of Altro

Michael Broughton serves as the Chief Executive Officer of Altro, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Altro Company Details & Key Information

Where is Altro located?

Altro is headquartered in Los Angeles, United States.

How many employees does Altro have?

Altro has 401-500 employees.

When was Altro founded?

Altro was founded in 2019.

Altro Official Website

How much funding has Altro raised?

Altro has raised $22 million across 6 funding rounds. The most recent funding was completed on 2024-04-06.

Funding Overview

Altro has successfully raised a total of $22 million across multiple funding rounds to support its credit-building platform.

$22 million
Total Funding Raised
6
Funding Rounds
2024-04-06
Latest Round

Altro Funding History

Series A
2022-06-12
$18 million
Undisclosed
2024-04-06
$4 million

Who are the key investors in Altro?

Altro is backed by 5 key investors including Pendulum Holdings, Citi Ventures, Marcy Ventures. These investors focus on Fintech, Credit Solutions, Financial Services sectors.

Altro Investor Overview

5
Key Investors
6
Focus Areas
0
Notable Investments

Complete List of Altro Investors

Pendulum Holdings

A notable venture capital firm focusing on impactful investments.

Investment Focus
Fintech
Credit Solutions

Citi Ventures

The venture capital arm of Citi, targeting innovative financial technologies.

Investment Focus
Financial Services
Technology

Marcy Ventures

Investment Focus
General Investment
Startup Support

Black Capital Fund

Concrete Rose Fund

What sectors do Altro investors focus on?

The investors backing Altro primarily focus on Fintech, Credit Solutions, Financial Services, Technology, General Investment, Startup Support sectors.

Fintech
Credit Solutions
Financial Services
Technology
General Investment
Startup Support

Featured Investor: Pendulum Holdings

Pendulum Holdings

A notable venture capital firm focusing on impactful investments.

Notable Investments:

What are Altro's future plans?

Altro Altro aims to continue expanding its user base and enhancing financial literacy offerings.

Altro Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Altro face?

Altro has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Altro

1

Market competition

2

User acquisition in saturated fintech sector

What opportunities does Altro have?

Altro has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Altro

1

Expansion into new markets

2

Collaboration with new partners

Altro Strategic Position Summary

Key Focus Areas

Altro is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Altro?

Altro has 2 recent news updates covering key business developments and market activities.

Altro News Overview

2
Recent Articles
Active
Media Coverage
2024-03-07
Latest Update

What is Altro in the news for?

Altro is currently featured in news for Altro, Inc. launches Altro Credit Builder Card. and other significant business developments.

Recent News Articles About Altro

Article 1
2024-03-07

Altro, Inc. launches Altro Credit Builder Card.

Altro has announced the launch of the Altro Credit Builder Card, which requires no credit approval and supports users with a revolving line of credit.

peopleofcolorintech.com
Read News
Article 2
2024-03-07

Altro, Inc. receives financing of $4M in funding.

Altro raised $4 million in funding, looking to expand operations and provide credit assistance through subscriptions.

finsmes.com
Read News

Altro FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Altro including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Altro Questions & Answers - Company Information

Q1

What is Altro?

Altro is a financial platform helping people build credit by leveraging recurring payments and subscriptions like rent and digital services.

Q2

Who founded Altro?

Altro was founded by Michael Broughton.

Q3

Who is the CEO of Altro?

The CEO of Altro is Michael Broughton. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Altro raised?

Altro has raised a total of $$22 million across 6 funding rounds. The most recent funding was completed on 2024-04-06.

Q5

Who are the investors in Altro?

Altro's key investors include Pendulum Holdings, Citi Ventures, Marcy Ventures, Black Capital Fund, Concrete Rose Fund.

Q6

Where is Altro headquartered?

Altro is headquartered in Los Angeles, United States.

Q7

When was Altro founded?

Altro was founded in 2019.

Q8

How many employees does Altro have?

Altro has 401-500 employees.

Q9

What is Altro's official website?

You can visit Altro's official website at https://www.altro.io.

Q10

What was Altro's latest funding round?

Altro's latest funding round was a Series A round of $$18 million completed on 2022-06-12.

Q11

Who is founder?

Michael Broughton

Q12

What does the company do?

Altro is a financial platform helping people build credit through recurring payments and subscriptions.

Q13

How much funding?

$22 million

Q14

Latest funding date?

2024-04-06

Q15

Who are the investors?

Pendulum Holdings Citi Ventures Marcy Ventures Black Capital Fund Concrete Rose Fund

Q16

What are the challenges?

Market competition User acquisition in saturated fintech sector

Q17

What are the opportunities?

Expansion into new markets Collaboration with new partners

Q18

Latest news?

Altro has announced the launch of the Altro Credit Builder Card, which requires no credit approval and supports users with a revolving line of credit. Altro raised $4 million in funding, looking to expand operations and provide credit assistance through subscriptions.

More Information About Altro

For additional details about Altro, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.