Ally - About the company
Ally is a public company based in Detroit (United States), founded in 1919. It operates as a Digital financial services provider offering banking, investing, and auto finance products. Ally has raised $1.3B in funding. The company has 87 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like Lead Bank, R Bank and SimplyBank.
Company Details
Digital financial services provider offering banking, investing, and auto finance products. It provides deposit and mortgage products, self-directed trading, robo portfolios, and personal advice. The company facilitates auto financing solutions through dealer services and corporate finance. It also offers financial education programs and resources.
- Website
- Social
- Email ID
- @ally.com
- Phone Number
- +1
Key Metrics
Founded Year
1919
Location
Detroit, United States
Stage
Public
Total Funding
in 3 rounds
Latest Funding Round
Investors
Ranked
1st among
Annual Revenue
as on Dec 31, 2014
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
HopDrive &
Similar Companies
&
Exit Details
Public
Legal entities associated with Ally
Ally is associated with 8 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Aug 15, 2006 | - | 489 | 331 | |
Aug 07, 2006 | - | 378 | 126 | |
Sep 01, 2020 | - | 339 | 593 | |
Jul 16, 2009 | - | 103 | 780 | |
Jul 17, 2013 | $4.1K (as on Dec 31, 2014) | 567 | 859 | |
Dec 31, 1999 | - | 512 | 460 | |
Dec 31, 1999 | - | 158 | 633 | |
Dec 26, 999 | $8.43B (as on Dec 31, 2022) | 803 | 197 |
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Ally's funding and investors
Ally has raised a total funding of $1.3B over 3 rounds. Its first funding round was on Mar 10, 2010.
Ally has 5 institutional investors including , and .
Here is the list of recent funding rounds of Ally:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Nov 20, 2013 | $1.3B | PE | 1528422 | 8146805 | - |
Aug 20, 2013 | Undisclosed | PE | 8271882 | 2811301 | - |
Mar 10, 2010 | $1.5B | Conventional Debt | 5665601 | 5194047 |
View details of Ally's funding rounds and investors
Ally's founders and board of directors
Ally's employee count trend
Ally has 76 employees as of Dec 22. The total employee count is 99.2% lower than what it was in Dec 21. Here is Ally's employee count trend over the years:Ally's Competitors and alternates
Top competitors of Ally include Lead Bank, R Bank and SimplyBank. Here is the list of Top 10 competitors of Ally, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() 1919, Detroit (United States), Public | Digital financial services provider offering banking, investing, and auto finance products | $1.3B | Cerberus Capital Management, Ìý&²¹³¾±è;Ìý | 70/100 |
2nd | Lead Bank 1928, Kansas City (United States), Funding Raised | Commercial bank | - | Khosla Ventures, Zeev VenturesÌý&²¹³¾±è;Ìý | 41/100 |
3rd | ![]() R Bank 2009, Round Rock (United States), Funding Raised | Digital native bank | - | 36/100 | |
4th | ![]() SimplyBank 1890, Dayton (United States), Acquired | Provider of online banking services and solutions for individuals and businesses | - | - | 35/100 |
5th | First Federal Savings Bank 1904, Evansville (United States), Unfunded | Bank offering personal, business, and digital banking solutions | - | - | 28/100 |
6th | Bank Of Commerce 2006, Charlotte (United States), Acquired | Digital native bank | - | - | 17/100 |
7th | ![]() DeepGreen Bank 1984, United States, Acquired | Internet-first bank offering diversified banking services | - | - | 15/100 |
8th | Finworth 2004, Nashville (United States), Public | The company offers online banking with personalized attention | - | - | 15/100 |
9th | UBS Group AG banking 2018, Charlottesville (United States), Unfunded | Digital native bank | - | - | 14/100 |
10th | ![]() Savingspoint 2010, Honolulu (United States), Seed | Digital native bank | $210K | - | 12/100 |
Looking for more details on Ally's competitors? Click to see the top ones
Ally's Investments and acquisitions
Ally has made 20 investments in companies including HopDrive and Mulberry. Ally has also acquired 7 companies including Ollo and CardWorks. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Oct 27, 2022 | Investments | 2018 | Richmond, United States | |
Oct 21, 2021 | Acquisition | 2016 | Philadelphia, United States | |
Oct 13, 2021 | Investments | 2018 | New York City, United States |
See all investments and acquisitions by Ally
Reports related to Ally
Here is the latest report on Ally's sector:
View
News related to Ally
Media has covered Ally for a total of 30 events in the last 1 year, 18 of them have been about company updates and 1 about partnerships.
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MarketBeat•Apr 19, 2025•, Ally
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MarketBeat•Apr 19, 2025•, Ally
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Seeking Alpha•Apr 17, 2025•Ally
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Seeking Alpha•Apr 17, 2025•Ally
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MarketBeat•Apr 04, 2025•Ally,
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