Tech Company Financing Transactions

Altro Funding Round

Altro closed a $4 million funding round on 3/7/2024. Investors included private investors.

Transaction Overview

Company Name
Announced On
3/7/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors

private investors (Chris Paul)

private investors (Marshawn Lynch)

private investors (Quavious Marshall)

private investors (Tinashe Kachingwe)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1001 Wilshire Blvd.
Los Angeles, CA 90017
USA
Email Address
Overview
Altro (formerly known as Perch Credit) allows users to log their recurring payments--such as subscriptions or rent--as credit history to improve their credit scores immediately. We want to provide an escape from the catch-22 of credit building. We knew that there were indicators other than credit card and loan payments that could be tracked to provide an assessment of creditworthiness.
Profile
Altro LinkedIn Company Profile
Social Media
Altro Company Twitter Account
Company News
Altro News
Facebook
Altro on Facebook
YouTube
Altro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Broughton
  Michael Broughton LinkedIn Profile  Michael Broughton Twitter Account  Michael Broughton News  Michael Broughton on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/7/2024: DevEngine venture capital transaction
Next: 3/7/2024: Defense Unicorns venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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