Tech Company Financing Transactions

Altro Funding Round

Pendulum Holdings, Black Capital by SeedInvest and Citi Ventures participated in a $18 million Series A funding round for Altro. The round closed on 5/12/2022.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A
Proceeds Purpose
Altro plans to use its new capital to continue growing its credit and financial literacy program as well as grow its team.

Company Information

Company Status
Private & Independent
Mailing Address
1001 Wilshire Blvd.
Los Angeles, CA 90017
Email Address
Altro (formerly known as Perch Credit) allows users to log their recurring payments--such as subscriptions or rent--as credit history to improve their credit scores immediately. We want to provide an escape from the catch-22 of credit building. We knew that there were indicators other than credit card and loan payments that could be tracked to provide an assessment of creditworthiness.
Altro LinkedIn Company Profile
Social Media
Altro Company Twitter Account
Company News
Altro News
Altro on Facebook
Altro on YouTube

Management Team

Email & Social
Chief Executive Officer
Michael Broughton
  Michael Broughton LinkedIn Profile  Michael Broughton Twitter Account  Michael Broughton News  Michael Broughton on Facebook



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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with, an affiliated venture.


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