COMPANY PROFILE

Alto Ridesharing

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The first employee-based rideshare company rethinking a traditionally inconsistent, gig-based industry

Dallas, United StatesFounded 2018Transportation

Valuation $100–250M Last recorded · 2021

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Alto Ridesharing

RideAlto is a startup that operates in the ride-hailing market, offering a premium, membership-based service. The company differentiates itself by focusing on passenger safety and providing an elevated customer experience. RideAlto's clients are typically individuals who value comfort, safety, and reliability in their transportation. The company also serves corporate clients, offering them the ability to schedule rides for their employees or clients, and even cover ride costs for big events.

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RideAlto's business model is based on membership subscriptions and ride fees. Members get priority booking during busy times and can schedule rides in advance through the Alto app. The company employs professional drivers and maintains a fleet of vehicles equipped with high-end amenities such as leather captain's chairs, in-vehicle wifi and chargers, complimentary water bottles and umbrellas, and plenty of luggage space. The vehicles are also equipped with HEPA air filters and are cleaned between rides for added safety.

In addition to ride-hailing, RideAlto also offers a same-day delivery service, allowing businesses to elevate their brand experience by providing reliable and premium delivery services.

The company has received positive feedback from its customers, who appreciate the clean and spacious cars, friendly and professional drivers, and the overall pleasant experience from start to finish.

Source: Dealroom company data