# Alfred Club

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alfred-club

- Industry: Internet
- Headquarters: New York, US
- Website: www.helloalfred.com
- Total disclosed funding: $94M
- Latest round: Series C (Mar 8, 2022)
- Investors on record: 14

## About

Alfred Club, Inc., based in the US, provides innovative property management solutions. Their platform connects property owners and residents, enhancing convenience and community engagement in multifamily housing.Alfred Club, Inc. offers a digital platform for property management, established in 2014 in New York, US. Founded by Jessica Beck and Marcela Sapone, the company has successfully executed 9 deals. Its most recent funding round was a Series C led by Rialto Capital Management on July 4, 2022, raising a total of USD 42.00 mn and achieving a current valuation of USD 255.66 mn.Hello Alfred specializes in a comprehensive suite of property management solutions aimed at improving the living experience in multifamily housing. Their digital platform facilitates personalized concierge assistance, maintenance requests, and community engagement tools for property owners, operators, and residents in major US markets such as New York, Los Angeles, and San Francisco.Hello Alfred's revenue model relies on subscription services offered to property owners and management companies for access to the platform. This structure allows for a steady revenue stream, enhancing operational efficiency and resident satisfaction through partnership agreements that integrate their services into residential offerings. Various service packages are available to suit differing property needs, with a flagship service that combines technology-driven solutions with concierge-like assistance.In July 2022, Alfred Club, Inc. raised venture funding from FJ Labs to support future growth initiatives. The company is designing new products aimed at expanding its offerings and planning geographic expansion into new markets, specifically targeting additional metropolitan areas by the end of 2023. This funding will facilitate these developments, reinforcing their capabilities in enhancing property management solutions.

## Funding rounds

- Series C, Mar 8, 2022 — New Enterprise Associates, Rialto Capital Management, 166 2ND LLC, Holland Management
- Series D, Feb 7, 2022 — Alumni Ventures Group
- Series C, Oct 14, 2020, $42M — New Enterprise Associates, Spark Capital, Greystar Real Estate Partners, 166 2ND LLC
- Series B, May 31, 2018, $40M — New Enterprise Associates, Spark Capital, DivcoWest, Greystar Real Estate Partners, Invesco Asset Management, Moderne Ventures, Solon Mack Capital
- Series A, Feb 8, 2017 — Moderne Ventures
- Series A, Nov 21, 2014, $10M — New Enterprise Associates, Spark Capital, Tuesday Capital, ACME Capital
- Seed, Jul 11, 2014, $2M — Spark Capital, SV Angel, Tuesday Capital

## Investors

- Spark Capital — Seed, Series A, Series B, Series C
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed, Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Series A
- Moderne Ventures (https://capitalatlas.ai/funds/moderne-ventures) — Series A, Series B
- DivcoWest — Series B
- Greystar Real Estate Partners — Series B, Series C
- Invesco Asset Management — Series B
- Solon Mack Capital — Series B
- 166 2ND LLC — Series C
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series D
- Rialto Capital Management — Series C
- Holland Management — Series C