Offering a calm cabin with captain's chairs and extra room to stretch out, the new three-row EVs bring "a fresh visual presence to the streets," Alto said, reinforcing the platform's signature look while introducing one of the newest electric SUVs available today.
Coleman was invited to the New York Times' 2023 DealBook Summit in New York last week, where leaders in a wide range of disciplines gathered to discuss pressing business challenges. In Thursday's print edition of the newspaper, he was quoted talking about labor—and the meaning of ownership.
The new VP of Growth will focus on expanding brand partnerships, increasing marketing and sales impact with customers, and developing strategies for both existing corporate client relationships and new customers. Alto announced a new director of business development and head of product and experience.
Alexis Smith and Nicole Craven, co-founders of the Après Hours line of canned espresso martinis, have become brand partners of Alto. An Après Hours Alto "Art Car" is now riding city streets as part of Alto's local fleet. If it happens to pick you up this month, you'll be served free espresso martini cocktails during the ride to your destination.
As the tech boom began declining earlier this year, Coleman says his startup took "adaptive and agile" steps, "making cutbacks early on." In a statement, he added that the costs to be headquartered in Dallas "allows his company to stay ambitious and aggressive, and acquire top-tier talent."
At last week's Venture Dallas conference, more than 400 VCs, angel investors, startups, and business leaders gathered for a showcase of North Texas' entrepreneurial and venture ecosystem. Here's a look at the highlights—from Troy Aikman saying "There are no shortcuts" to Alto Founder Will Coleman on the power of doing "the opposite" to Mark Cuban's "ready, fire, aim" approach.
“Regions like Texas and Dallas-Fort Worth, we’re the model for the rest of the nation on how to get things done," Ross Perot Jr. said at the conference kickoff.
Venture Dallas 2022—a full-day conference to be held Nov. 3 at the George W. Bush Presidential Center—will connect investors from all over the U.S with the “best founders in our region” with the goal of sparking “collisions” and “meaningful connections," co-founder Aaron Pierce says. He adds that those could potentially lead to fundings—and successful exits.
Here's a look at why the North Texas startup and VC scene is hopping, and what Venture Dallas 2022 could mean for you.
Chad Cook Founder and Managing Member
Quadrant Investment Properties .…on the growth and momentum of the Dallas Design District, via the Dallas Business Journal....
Dallas-based ridesharing company Alto is entering its sixth market, after launching in Dallas and expanding to Houston, L.A., Miami, and Washington, D.C.
With $60 million in funding since its 2018 launch, CEO Will Coleman talks about building a new HQ in the Dallas Design District, aiming to be in 25 metros over the next few years, and planning to be 100% electric by end of 2023.
Six months after a $45 million Series B raise, Alto will be a coast-to-coast company by end of this month. It now aims to transform its fleet of owned rideshare vehicles to 100% electric by the end of 2023, with a network of EV Ops Centers keeping them charged, maintained, and ready. The first center is being built now near its Dallas HQ.
When Alto initially joined the ride-hailing industry in 2018, it wanted to take a different approach by hiring its drivers as W-2 employees and operating its own branded, luxury vehicles. With the new capital, the local startup plans to continue innovating by transitioning to a 100 percent electric fleet by the end of 2023.
In 2018, Alto's founder and CEO told us he had plans to reach a national presence by 2020. Houston residents can currently book pre-scheduled rides through Alto, with on-demand rides launching Oct. 1. And California could be next.
From Sept. 12-13, DallasChocolate.org is showcasing virtual classes, hosting chocolate exhibitors, and hand-delivering boxes of artisanal chocolate samples to your door through Alto.
In this weekly roundup of funding, merger and acquisition activity in North Texas, you’ll also find news from Worlds, Tricolor, Puration, Atos, Kriya Capital, Kofile, and more.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
The future of logistics isn’t being built in Silicon Valley. It’s being built in Fort Worth.
Hillwood’s decades-long commitment to AllianceTexas—anchored by public-private partnerships, infrastructure investment, and a clear-eyed view of what next-generation supply chains would require—created the foundation for what’s happening today....
Fair Park First, in partnership with the Dallas Park and Recreation Department, has announced a $2.5 million investment from the McKesson Foundation to support the development and activation of the wellness-focused McKesson Market Grove as part of the Community Park at Fair Park, which is currently under development....
Dallas-based unicorn o9 Solutions, an enterprise planning software solutions provider, has named Adriel Sanchez as the company’s first-ever chief marketing officer. Sanchez’s appointment to the pivotal leadership role highlights a commitment to transforming the future of enterprise planning with “path-breaking, agentic AI-enabled innovations designed to help companies rapidly identify and fix value leakages occurring across the value chain,” the company said....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
The future of logistics isn’t being built in Silicon Valley. It’s being built in Fort Worth.
Hillwood’s decades-long commitment to AllianceTexas—anchored by public-private partnerships, infrastructure investment, and a clear-eyed view of what next-generation supply chains would require—created the foundation for what’s happening today....
Fair Park First, in partnership with the Dallas Park and Recreation Department, has announced a $2.5 million investment from the McKesson Foundation to support the development and activation of the wellness-focused McKesson Market Grove as part of the Community Park at Fair Park, which is currently under development....
Dallas-based unicorn o9 Solutions, an enterprise planning software solutions provider, has named Adriel Sanchez as the company’s first-ever chief marketing officer. Sanchez’s appointment to the pivotal leadership role highlights a commitment to transforming the future of enterprise planning with “path-breaking, agentic AI-enabled innovations designed to help companies rapidly identify and fix value leakages occurring across the value chain,” the company said....