What is Alt Platform?
Headquartered in San Francisco, Alt Platform operates at the intersection of fintech and the burgeoning alternative asset market. The company provides a comprehensive digital infrastructure designed to facilitate the valuation, trading, and management of high-value collectibles, with a primary focus on sports card investing. By leveraging proprietary data analytics and a secure, transparent marketplace, Alt addresses the historical inefficiencies of the collectibles industry. The platform serves as a critical liquidity provider, enabling both institutional and retail participants to treat alternative assets as a viable component of a diversified investment portfolio. Through its innovative approach, Alt is effectively transforming how investors discover, evaluate, and transact in a market previously characterized by fragmentation and opacity.
How much funding has Alt Platform raised?
Alt Platform has raised a total of $106M across 2 funding rounds:
Series A
$31M
Series B
$75M
Series A (2021): $31M with participation from First Round Capital, Seven Seven Six, Patrick Collison, and John Collison
Series B (2021): $75M led by A*, Rahul Vohra, Spearhead, Vibe Capital, Shrug Capital, Breyer Capital, Seven Seven Six, Giannis Antetokounmpo, Hyperguap, Packy McCormick, Todd Goldberg, Julian Shapiro, Marlon Humphrey, Tom Brady, Candace Parker, The Apollo Group, and Alex Morgan
Key Investors in Alt Platform
Breyer Capital
An independent global venture capital firm founded by Jim Breyer, focusing on long-term, idea-driven investments in AI, consumer software, and fintech.
Seven Seven Six
An early-stage venture capital firm that utilizes its proprietary Cerebro operating system to provide operational support and scalability insights to its portfolio companies.
Shrug Capital
A venture capital firm specializing in early-stage investments, known for its proactive approach in assisting founders with fundraising, marketing, and strategic networking.
What's next for Alt Platform?
With the successful completion of its recent major strategic investment, Alt Platform is well-positioned to accelerate its product development and expand its footprint within the broader alternative investment ecosystem. The company is expected to leverage this capital to enhance its technological infrastructure, potentially integrating more advanced machine learning models to refine asset valuation accuracy. Furthermore, the strategic backing from a diverse group of venture capital firms and industry leaders suggests a focus on scaling user acquisition and deepening market penetration. As Alt continues to refine its operational framework, the focus will likely shift toward increasing the velocity of asset turnover and exploring new categories of alternative investments, thereby cementing its role as a foundational layer in the future of digital asset management.
See full Alt Platform company page
