The startup offers an alternative asset investment platform that enables everyday investors to utilize their retirement savings for investments in real-world assets through self-directed IRAs. By providing a user-friendly interface, the platform facilitates access to diverse investment opportunities while allowing companies to attract funding from retirement accounts.
Funding
$72.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Many individual investors lack access to alternative investment opportunities, such as private equity, venture capital, and cryptocurrency, which have historically been available primarily to wealthy and institutional investors. Traditional IRA custodians often restrict investments to publicly traded securities, limiting diversification and potential returns for retirement savings. Navigating the complexities of self-directed IRAs and alternative asset investments can also be challenging for everyday investors.
Solution
Alto provides a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, offering a user-friendly interface and streamlined investment process. The platform connects investors with a range of alternative investment opportunities, including private equity, venture capital, real estate, and cryptocurrency, through its Marketplace and integrated partners. Alto also offers a Private Raise Portal, allowing investors to source and invest in deals they find independently. By simplifying the complexities of self-directed IRAs and alternative asset investing, Alto empowers individuals to diversify their retirement portfolios and potentially achieve higher returns.
Target Audience
Alto's primary target audience is individual investors who are seeking to diversify their retirement portfolios with alternative assets and who want a user-friendly platform to manage their self-directed IRA investments. The platform also caters to accredited investors looking for exclusive private investment opportunities.
Features
- Self-directed IRA accounts supporting Traditional, Roth, and SEP structures
- Access to a curated Marketplace of alternative investment opportunities, including private equity, venture capital, and real estate
- Integration with leading alternative investment platforms for seamless investment execution
- Alto CryptoIRA® enabling investment in over 250 cryptocurrencies through a direct integration with Coinbase
- Private Raise Portal allowing investors to source and invest in their own deals
- Streamlined account setup and funding process with options for cash contributions, IRA transfers, and rollovers
- Educational resources and support to help investors understand alternative investments and self-directed IRAs
- Compliance tools to help investors avoid prohibited transactions and maintain IRA compliance
- FDIC insurance on cash balances held within Alto IRAs
- Secure storage of cryptocurrency assets through Coinbase's institutional-grade custody solutions