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Alt has raised $306.0M across 4 funding rounds.
Key people at Alt.
Alt has raised $306.0M in total across 4 funding rounds.
Alt is a San Francisco, California-based financial technology company and alternative asset platform that enables users to buy, sell, value, and securely store graded collectible trading cards. The organization operates a liquid marketplace and physical vaulting services, alongside a specialized lending product that allows collectors to borrow a minimum of $25,000 against their vaulted card portfolios. To facilitate transparent pricing for alternative asset investors, Alt tracks real-time valuation data for over 2.8 million individual cards across various online marketplaces. The enterprise has secured over $300 million in combined equity and debt financing, including a $75 million Series B round, backed by institutional investors such as First Round Capital, Seven Seven Six, and Spearhead, alongside celebrity backers including Kevin Durant and Tom Brady. The alternative asset platform was founded in 2020 by Leore Avidar.
Key people at Alt.
ALT Technologies is a global supplier of custom-engineered die-cut self-adhesive and printed products for durable goods industries, primarily automotive, home appliances, and electronics.[1][2][6] It specializes in occupant safety components (like airbag systems), labels, RFID labels, EMI shielding, and protective/functional parts, producing over 7,000 unique applications and shipping nearly 800 million parts annually while adhering to stringent OEM and Tier 1 quality standards.[1][6] Serving major automakers and appliance makers, ALT solves challenges in safety, durability, and cost-efficiency through tailor-made solutions developed via deep material expertise and customer collaboration.[2][6] The company maintains steady growth through global expansion, with facilities in Europe, China, Mexico, and sales offices worldwide, and remains in an active acquisition-financed stage post-2002 founding.[1][2]
ALT Technologies emerged in 2002 from a management buyout (MBO) of Avery Dennison's operations as part of the Sentega Group, based in Utrecht, Netherlands.[1][2] Key early milestones included a €1.5 million investment in automotive safety production capacity and ISO/TS 16949 accreditation in 2004, enabling rapid scaling.[2] Expansion accelerated with a production facility in Romania (2004, greenfield in 2008), a Shanghai sales office (2008), a China plant in Jiading (2012), a U.S. sales office (2016), and a Mexico facility (2018).[2] In 2011, new shareholder Standard Investment provided capital for a China facility focused on airbags and safety applications, plus ERP system upgrades and digital equipment, targeting high-growth markets like South America and India—moves credited with enhancing life-saving impact, as Managing Director Jean-Luc Verstraeten noted their products help save a life every two hours.[1]
(Note: Other "ALT" entities, like China-based auto electronics sensor maker [3] or Dubai IT firm [4][5], share the name but differ in focus and are unrelated based on distinct operations and locations.)
ALT Technologies rides the wave of automotive electrification, safety regulations, and supply chain localization in durable goods manufacturing, where demand for reliable, custom components surges amid EV transitions and global trade shifts.[1][2][6] Timing aligns with post-2011 expansions into China/Asia during auto market booms and recent nearshoring (e.g., Mexico plant amid U.S.-China tensions), positioning it to supply Tier 1s for giants like GM, Ford, and Volkswagen equivalents in safety tech.[1][3] It influences the ecosystem by enabling OEMs to meet stringent standards (e.g., ISO/TS 16949), reducing defects in high-stakes areas like occupant safety, and fostering innovation in RFID/EMI for connected vehicles—bolstering resilience in fragmented global supply chains.[1][2]
ALT Technologies is primed for sustained growth by doubling down on EV safety components, smart labels, and sustainable materials amid rising global auto production (projected to hit 100M+ units/year) and stricter emissions/safety mandates.[1][2][6] Trends like supply chain diversification, IoT integration in appliances, and U.S./EU reshoring will amplify its multi-site model, potentially via further acquisitions or tech upgrades in digital printing/AI-driven design. Its influence may evolve from regional supplier to key enabler of next-gen mobility safety, building on a proven track record of life-saving scale and quality obsession—echoing its origins as a nimble MBO turned global powerhouse.[1][6]
Alt has raised $306.0M across 4 funding rounds. Most recently, it raised $200.0M Debt in July 2022.
Alt has raised $306.0M in total across 4 funding rounds.
Alt's investors include Brian Shiels Moore, Jeff Fagnan, Accel, Addition, Afore Capital, Alt Capital, Andreessen Horowitz, Anthemis Group, ARCH Venture Partners, Banana Capital, Bessemer Venture Partners, BITKRAFT Ventures.
