About

Founded

2018

Headquarters

San Francisco, California

Industry

Real Estate

Company Description

Aalto is a real estate marketplace that lets people buy and sell homes online. We combine modern technology with a centralized team of licensed agents. Buyers and sellers use digital tools to lead most of the process themselves. Aalto agents provide on-demand support, review offers, and handle closing. This online model provides a consistent, high quality experience while costing less to operate, so buyers and sellers save money with low fees and rebates.

Quick Links

Website Jobs

Funding

Total Raised

$17.3 million

Valuation

Undisclosed

Significant Investors

Sequoia Capital, Defy Ventures, Background Capital, SciFi VC

Company Traction

As of August 2021, Aalto had 30,000 buyers signed up and had sold more than 12 homes on the platform.

As of May 2023, Aalto has 163 homes in San Francisco on its platform.

Leadership Team

Nick Narodny: Co-Founder & CEO of Aalto. Former Co-Founder of Grovo.

Jon Carpenter: Co-Founder of Aalto. Former Founder of The Tech Career.

Han Qin: VP of Engineering at Aalto. Former Director of Engineering at Block.

Paul Smith: VP of Design at Aalto. Former Head of Design at Opendoor.

Craig Moxley: Director of Product at Aalto. Former Senior Product Manager at Yelp.

Press

San Francisco Business Times (March 11, 2022): Nick Narodny, serial entrepreneur, is democratizing the home-buying process

TechCrunch (August 12, 2021): Sequoia leads $13M investment in Aalto, an online marketplace that lets homeowners sell directly to buyers

Aalto