AltoVita is a company.
AltoVita has raised $9.0M across 1 funding round.
Key people at AltoVita.
AltoVita has raised $9.0M in total across 1 funding round.
AltoVita is a proptech company founded in 2018 that provides enterprise software focused on the corporate accommodation sector. It offers a technology platform that aggregates a vast inventory of over 7 million fully furnished apartments and properties across more than 35,000 locations worldwide, serving corporate travelers ranging from interns to executives. The platform addresses the fragmented and legacy nature of corporate housing by standardizing quality, safety, and sustainability criteria, enabling companies to efficiently manage accommodation programs with data-driven insights and flexible booking options. AltoVita has demonstrated strong growth momentum, securing $9.5 million in Series A funding led by Novum Capital Partners and Fifth Wall, and aims to build the largest inventory in the $201 billion corporate accommodation market[1][2][4][6].
AltoVita was founded in 2018 by Vivi Cahyadi Himmel and Karolina Saviova, who together have lived in over 20 cities, inspiring them to solve the challenges faced by corporate travelers in finding quality, reliable accommodation. The idea emerged from their firsthand experience of the lack of standardized, trustworthy options in the corporate housing sector. Early traction included rapid growth and strong investor confidence, with the company achieving consistent 4x year-over-year growth despite market challenges. The founders envisioned powering the entire accommodation ecosystem—covering business travel and global mobility—with scalable, data-driven technology that combines flexibility and enriched content[1][2].
AltoVita rides the growing trend of digital transformation in corporate travel and global mobility, where companies increasingly demand transparency, sustainability, and data-driven management of accommodation programs. The timing is favorable due to the rise in remote work, extended stays, and the need for flexible, scalable housing solutions worldwide. Market forces such as the $201 billion corporate accommodation sector’s fragmentation and the push for ESG (environmental, social, governance) compliance work in AltoVita’s favor. By standardizing and digitizing corporate housing, AltoVita influences the broader ecosystem by setting new benchmarks for quality, safety, and operational efficiency in business travel accommodation[1][3][6].
AltoVita is positioned to continue scaling its platform globally, expanding its inventory and refining its data-driven services to meet evolving corporate travel needs. Future trends shaping its journey include increased demand for sustainable and flexible accommodation options, integration of AI and analytics for personalized travel experiences, and further consolidation of the fragmented corporate housing market. As it grows, AltoVita’s influence is likely to deepen in redefining how enterprises manage accommodation, balancing cost, employee experience, and environmental responsibility, thereby setting a new standard in corporate travel technology[1][3].
Key people at AltoVita.
AltoVita has raised $9.0M in total across 1 funding round.
AltoVita's investors include Fifth Wall.
AltoVita has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in December 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2022 | $9.0M Series A | Fifth Wall |
