Ally Financial

company

About

Ally Financial Inc. is a automotive financial services company powered by a top direct banking franchise.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$750M
Industries
Automotive,Finance,Financial Services
Founded date
Jan 1, 1919
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nyse:ALLY
Legal Name
Ally Corporate Finance
Also Known As
Ally CF
Sub-Organizations
Ally Corporate Finance

Ally Financial Inc. is a automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$3.05B
Ally Financial has raised a total of $3.05B in funding over 2 rounds. Their latest funding was raised on Nov 7, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 7, 2022 Post-IPO Debt $750M Detail
Apr 10, 2014 IPO $2.30B Detail

Investments

Number of Investments
Number of Lead Investments
7
3
Ally Financial has made 7 investments. Their most recent investment was on Nov 10, 2020, when Better.com raised $200M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 10, 2020 Better.com
Series D $200M Consumer Lending
Aug 27, 2019 Fair
Debt Financing $100M Automotive Yes
Jun 24, 2019 MobiTV
Series Unknown $50M Digital Entertainment
Feb 7, 2019 Better.com
Series C $160M Consumer Lending
Jan 4, 2017 Carvana
Debt Financing $600M Automotive Yes

Employee Profiles

Number of Employee Profiles
31
Ally Financial has 31 current employee profiles, including Board member Jack Stack
Board member
Employee
Employee
Executive

Exits

Ally Financial has had 2 exits. Ally Financial most notable exits include Fair ,   Carvana

Date Company Name Exit Type Industry
Mar 15, 2022 Fair M&A Automotive Detail
Apr 28, 2017 Carvana IPO Automotive Detail

Acquisition

Ally Financial has acquired 3 organizations. Their most recent acquisition was TradeKing on Apr 5, 2016. They acquired TradeKing for $275M.

Date Company Name
Industry Acquisition Type Price
Apr 5, 2016 TradeKing
Finance acquisition $ 275M Detail
Health Care acquisition $ 190M Detail
Credit Cards acquisition $ 750M Detail