AltoVita

AltoVita is a London-based corporate accommodation platform that enables multinational enterprises and relocation management companies to consolidate and manage extended stay housing costs. The company operates a business-to-business software-as-a-service marketplace that connects corporate travel managers with a global network of over seven million verified properties across more than 35,000 cities in 165 countries. By utilizing API-driven technology, the platform automates the traditional booking process and bypasses legacy bidding cycles with centralized policy management solutions. Operating with approximately 82 employees, the enterprise serves Global 2000 clients and generates an estimated $6 million in annual revenue through platform fees and booking commissions. AltoVita has secured $9.5 million in Series A funding from lead investors including Novum Capital Partners and Fifth Wall. The company was founded in 2018 by Vivi Cahyadi Himmel and Karolina Saviova.

High-Level Overview

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].

Origin Story

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].

Core Differentiators

• Product Differentiators: AltoVita’s platform integrates diverse asset classes including professionalized private apartments, corporate housing, built-to-rent, co-living, student housing, and hotels/aparthotels, all vetted through a rigorous four-tier quality control process ensuring safety, security, and hospitality standards.

- Developer Experience: The platform offers instant booking through API integration with property management systems, live analytics, and neighborhood-based search filters (e.g., commute times, amenities), enhancing user convenience and decision-making.

• Speed, Pricing, Ease of Use: AltoVita delivers negotiated rates that have helped clients reduce accommodation costs by up to 14% below budget while maintaining 100% employee satisfaction, demonstrating efficiency and value.

• Community Ecosystem: The company partners with property care platforms like Breezeway to standardize safety and security across asset types, fostering trust and reliability in its accommodation offerings[1][2][6].

Role in the Broader Tech Landscape

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].

Quick Take & Future Outlook

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].