AltoIRA

[Closed for Investment] AltoIRA, with a valuation of $90 million, is raising funds independently through Reg D 506(b) crowdfunding. The company is modernizing IRA investing through promoting digital self-directed IRA. The company’s platform allows individuals to set up their IRA to invest in alternative assets, including private equity, private funds, venture capital, cryptocurrency, securitized art, and more. AltoIRA has more than 1,230 active users with over 3,000 active investments and more than $75 million in assets under custody. The company has also partnered with 21 investment platforms, including AngelList, Republic, and Masterworks. Eric Satz founded AltoIRA in April 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $17,000,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Raised this Round: Raised: $17,000,000

Deal Terms

Platform
Self Managed
Start Date
04/06/2021
Close Date
04/20/2021
Min. Goal
$10,000
Max. Goal
$17,000,000
Min. Investment

$10,000

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegD 506(b)    Open SEC Filing

Pre-Money Valuation

$90,000,000

Company & Team

Company

Year Founded
2015
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
Nashville, Tennessee
Company Website
Visit Website

Team

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/20/2021 Self Managed $90,000,000 $17,000,000 Equity - Common Funded RegD 506(b)
10/31/2020 Republic $30,000,000 $1,070,000 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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AltoIRA on Self Managed 2021
Platform: Self Managed
Security Type: Equity - Common
Valuation: $90,000,000

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