Alt is an alternative asset platform that makes investing in alternative assets as easy as investing in stocks.

Alt is redefining alternative assets to include new asset classes that have historically been relegated to the territory of hobbyists and collectors, rather than investors.

Alt was founded in 2020 by Leore Avidar. The company is headquartered in San Francisco, California.

 

Alt provides an alternative asset platform that lets users invest in sports card like stocks. The company’s exchange allows people to buy and sell pre-authenticated cards instantly while a vault gives users security via a full-service management of cards.

 

ALT launched ALT Advance, a new lending product that lets investors borrow cash against their vaulted assets without having to sell them. ALT Advance provides liquidity against graded collectibles such as trading cards, watches, and sneakers, giving them a similar utility that is also afforded to traditional assets.

 

ALT provides liquidity, utility, and transparency to an industry that traditionally has been fragmented and hard to understand. The company leverages its proprietary valuation data, vaulting infrastructure, and blockchain technology to bridge the physical and digital worlds, creating more investment opportunities for alternative assets.

 

Alt is backed by Seven Seven Six, BoxGroup, Spearhead, Addition, Thirty Five Ventures, Atalaya Capital Management, Breyer Capital, Vibe Capital, Shrug Capital, First Round Capital, SV Angel, Tom Brady, and others. The company raised $200M in Debt financing on Jul 21, 2022. This brings ALT's total funding to $306M to date. ALT was valued at over $325M from a Series B raised in Nov 2021.

 

 

  • Year founded: 2020
  • Funding Info: $306M over 4 Rounds (Latest Funding Type: Debt Financing)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at over $325M as of Nov 11, 2021
  • City/Town: San Francisco
  • State: California
  • Country: United States
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