Alto Solutions

About

Alto Solutions delivers an easy-to-use, automated process for investing in alternatives with IRA savings.

Nashville,Tennessee,United States
51 - 100
https://www.altoira.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $40M
Industries: Financial Services,FinTech,Information Technology,Personal Finance
Founded date: Jan 1, 2016
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Alto Solutions, Inc.
Also Known As: Saltvest,Alto IRA

Alto Solutions delivers an easy-to-use, automated process for investing in alternatives with IRA savings. It aims to democratize alternative asset investing. AltoIRA offers an easy-to-use investing platform that empowers everyday investors to diversify their IRAs by investing in alternative assets such as private equity, venture capital, real estate, loans, and cryptocurrency.

Offering Traditional, Roth, SEP, and Crypto IRAs, Alto is bringing alternative investments to the mainstream. Everyday investors can now easily and cost-effectively access their retirement savings to invest in assets once reserved solely for high-net-worth individuals.

It was founded in 2016 and is headquartered in Nashville, Tennessee.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$70.25M

Alto Solutions has raised a total of $70.25M in funding over 2 rounds. Their latest funding was raised on Jan 5, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 5, 2022	Series B	$40M	9	Advance Venture Partners	—	Detail
Apr 20, 2021	Series A	$17M	15	Unusual Ventures	—	Detail
Nov 1, 2020	Seed	—	1	—	—	Detail
Jan 3, 2020	Seed	$3.48M	5	—	—	Detail
Aug 29, 2019	Seed	$5.40M	7	Jefferson River Capital Moment Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Alto Solutions has made 1 investments. Their most recent investment was on Mar 3, 2020, when Leap raised $5.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Mar 3, 2020 Leap	Series A	$5.50M	EdTech	—

Investors

Number of Lead Investors

Number of Investors

5

33

Alto Solutions is funded by 33 investors. Advance Venture Partners and Jefferson River Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Advance Venture Partners	Yes	Series B
Jefferson River Capital	Yes	Seed
The FIS FinTech Accelerator in Partnership with The Venture Center	Yes	Seed
Gaingels	—	Series B
Acrew Capital	—	Series B
Alpha Edison	—	Series B
Coinbase Ventures	—	Series B
Foundation Capital	—	Series B
Third Prime	—	Series B
Unusual Ventures	—	Series B