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Alto
AddedFeb 17, 2024
UpdatedJun 18, 2026
Alto

Alto

Series B

Alto, a ride-sharing app founded in 2018, offers safe, consistent, and personalized rides with professional drivers and luxury vehicles across the US.

HQ
Dallas, TX, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

Founded in 2018, Alto is the first employee-based rideshare company, rethinking the traditionally inconsistent, gig-based industry. Its core mission is to provide the safest, most consistent, and personalized passenger experience by hiring vetted, professional drivers and managing a dedicated fleet of 5-star crash-rated luxury vehicles. Alto classifies its drivers as W-2 employees, offers in-depth training, and utilizes advanced logistics and optimization to enhance service quality. The company focuses on delivering premium ride-sharing services across the United States.

Notable affiliated individuals include the company's founders and early investors who believed in transforming the ride-sharing landscape. Alto has achieved significant milestones such as establishing a dedicated fleet and maintaining high safety standards, which have set it apart in the competitive market. Its impact is evident in the elevated passenger safety and service consistency, challenging traditional gig-based models and setting new benchmarks for the industry.

Alto - Quick Facts

When was Alto founded?

Alto was founded in 2018.

Where is Alto's headquarters located?

Alto's headquarters is located in Dallas, TX, US.

When was Alto's last funding round?

Alto's most recent funding round was for $45M (USD) in June 2021.

How much has Alto raised to-date?

As of Jun 28, 2021, Alto has raised a total of $59.5M (USD).

How many employees does Alto have?

Alto has 300 employees as of Feb 4, 2024.

Alto - Classification

Ownership
  • Private Equity
  • Venture Capital
Geographic Exposure
  • United States
Model
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Ride Sharing
Tags
  • Cloud
  • SaaS
NAICS
  • 480000Transportation and Warehousing
  • 485000Transit and Ground Passenger Transportation
  • 485300Taxi and Limousine Service
  • 485310Taxi and Ridesharing Services
SIC
  • 4120Taxicabs
  • 4100Local And Suburban Transit And Interurban Highway Passenger Transportation
  • 4121Taxicabs
Show 16 more industry codes
NAICS
  • 530000Real Estate and Rental and Leasing
  • 532000Rental and Leasing Services
  • 532100Automotive Equipment Rental and Leasing
  • 532110Passenger Car Rental and Leasing
  • 532111Passenger Car Rental
  • 560000Administrative and Support and Waste Management and Remediation Services
  • 561000Administrative and Support Services
SIC
  • 7510Automotive Rental And Leasing, Without Drivers
  • 7514Passenger Car Rental
  • 4700Transportation Services
  • 7300Business Services
  • 7500Automotive Repair, Services, And Parking
  • 4720Arrangement Of Passenger Transportation
  • 7380Miscellaneous Business Services
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified
  • 7389Business Services, Not Elsewhere Classified