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To unlock the value of alternative assets, and looking for talented people who share its vision.
Increased interest in alternative assets has resulted in an unexpected boom in the collectables market as more people are seeking to diversify their asset portfolios. Alt is a trading and portfolio management platform capitalizing on this exciting new upswing, making it simple to buy and sell investment-grade trading cards.
Initially dealing exclusively with sports cards, the company’s platform has expanded to include other trading card types, ranging from Pokémon to Yu-Gi-Oh! Alt sets itself apart from the competition by offering its users a vast range of attractive options, from no buyer premiums, up to 60% cash advances on a card’s value, Alt Vault card storage, and borrowing options.
By tackling the three key problems hobbling the uptake of alternative asset investments (liquidity, price transparency, and physical storage) Alt’s success certainly opens the door for further expansion into different assets like art and sneakers, ushering in a new model for alternative asset markets.
Steph
Company Specialist at Welcome to the Jungle
Nov 2021
$75m
SERIES B
Mar 2021
$31m
SERIES A
This company has top investors
Leore Avidar
(CEO )After graduating with a degree in Finance from the University of Michigan, they became an Asset Management Derivates Trader for Citigroup Global Markets and was part of the Technical Business Development, Startups and Venture Capital services for Amazon Web Services. They also co-founded Lob, a platform that makes direct mail for businesses faster and easier, before founding Alt.
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