When was Ally founded?

Ally was founded in 1919 and raised its 1st funding round 91 years after it was founded.

Where is Ally located?

Ally is headquartered in Detroit, United States. It is registered at Detroit, Michigan.

Who is the current CEO of Ally?

Jeffrey J Brown and Al De Molina s of Ally.

How many employees does Ally have?

As of Jul 31, 2026, the latest employee count at Ally is 15408.

Is Ally a funded company?

Ally is a funded company, having raised a total of $1.3B across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Mar 10, 2010.

When was the latest funding round of Ally?

Ally's latest funding was a $***** PE round on Nov 20, 2013, with participation from 0 investor.

Where does Ally rank among its competitors?

Ally ranks 3rd amongst 490 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Kredete, which secured $22M in Sep, 2025.

Who are the top competitors of Ally?

Ally's top competitors include Revolut, Monzo and Varo. Among them, Kredete secured the most recent funding round in September, 2025.

Ally - 2026 Company Profile, Team, Funding & Competitors

Ally is a public company based in Detroit (United States), founded in 1919 by Karoline Malmberg. It operates as a Provider of banking, auto finance, investing, and life insurance products. Ally has raised $1.3B in funding. The company has 490 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Revolut, Monzo and Varo.

Company Details

Provider of banking, auto finance, investing, and life insurance products. The company provides spending and savings accounts, certificates of deposit, and investment options including self-directed trading and robo portfolios. Additionally, it facilitates auto loans through dealer services and offers corporate finance solutions. The company also focuses on supplier inclusivity and sustainability within its supply chain.

Website: www.ally.com/
Social
Email ID: *****@ally.com
Phone Number: +1 **********
Registered Address: Detroit, Michigan

Key Metrics

Founded Year

1919

Location

Detroit, United States

Stage

Public

Total Funding

$1.3B in 3 rounds

Latest Funding Round

PE, Nov 20, 2013, $*****

Investors

Cerberus Capital Management & 6 more

Ranked

3^rd among 490 active competitors

Employee Count

15,408 as on Jul 31, 2026

Investment & Acquisitions

HopDrive & 26 more

Similar Companies

Metro Bank & 62 more

Exit Details

Public

View Ally's full profile

Ally is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ally Financial Inc. CIN: 20061335121 , United States, Active	Aug 15, 2006	-	10300 (As on Dec 31, 2025)	-
ALLY CARE GROUP, INC. CIN: 455259525 , United States, Active	Dec 31, 1999	-	17 (As on Dec 31, 2015)	-
ALLY FINANCIAL INC. CIN: 3834452 , United States, Active	Jul 16, 2009	-	-	-
Ally Servicing LLC CIN: 102809 , United States, Active	Aug 07, 2006	-	-	-
ALLY FINANCIAL INC. CIN: 380572512 , United States, Active	Dec 26, 999	$1B+ (As on Dec 31, 2025)	10634 (As on Dec 31, 2024)	-
ALLY HOMES LLC CIN: 464958496 , United States, Active	Dec 31, 1999	-	1 (As on Dec 31, 2018)	-
ALL auto CIN: 40103691569 , Latvia, Active	Jul 17, 2013	€0 - €1M (As on Dec 31, 2014)	1 (As on Dec 31, 2015)	-
Ally Financial Inc. CIN: 12287943 , Canada, Active	Sep 01, 2020	-	-	-

Ally got listed on Apr 11, 2014.

Click here to take a look at Ally's IPO in detail

Ally has raised a total funding of $1.3B over 3 rounds. Its first funding round was on Mar 10, 2010. Ally has 7 institutional investors.

Here is the list of recent funding rounds of Ally:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 20, 2013	2726810	PE	8838586	2609902	7399605	2706648
Aug 20, 2013	4997498	PE	2101946	9191645	2869665	3226492
Mar 10, 2010	9137887	Conventional Debt	8038209	2671263	7510729	GMAC

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View details of Ally's funding rounds and investors

The founders of Ally is Karoline Malmberg. Jeffrey J Brown and Al De Molina are the CEOs of Ally.

Here are the details of Ally's key team members:

Karoline Malmberg: Co-Founder / Chief Operating Officer of Ally.
Jeffrey J Brown: CEO of Ally.
Contact Info: 1 email address
Al De Molina: CEO of Ally.
Contact Info: 2 email addresses

View details of Ally's Founder profiles and Board Members

Ally's employee count trend

Ally has 15,408 employees as of Jul 26. Here is Ally's employee count trend over the years:

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Top competitors of Ally include Revolut, Monzo and Varo. Here is the list of Top 10 competitors of Ally, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TCV & 144 others	86/100
2nd	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$1.81B	General Catalyst, Passion Capital & 65 others	84/100
3rd	Ally 1919, Detroit (United States), Public	Provider of banking, auto finance, investing, and life insurance products	$1.3B	Cerberus Capital Management, Omega Advisors ... & 5 others	81/100
4th	Varo 2015, San Francisco (United States), Series G	Digital bank for individuals	$1.12B	Warburg Pincus, The Rise Fund & 43 others	74/100
5th	Bunq 2012, Amsterdam (Netherlands), Series A	Provider of the digital bank for individuals and businesses	$373M	Pollen Street Group & 1 others	68/100
6th	Kredete 2023, New York City (United States), Series A	Provider of digital financial services including money transfer and credit building	$24.8M	RevTech Labs, Africinvest & 12 others	66/100
7th	Axos Bank 2000, San Diego (United States), Public	Commercial bank	-	-	65/100
8th	Banesco USA 2005, Miami (United States), Series A	Banesco USA: Personalized banking solutions empowering financial success and community growth	$11.9M	Treasury	62/100
9th	Comun 2021, New York City (United States), Series A	Provider of an online platform offering retail banking solutions	$26M	Costanoa, Redpoint Ventures & 7 others	62/100
10th	Forma 2017, Fremont (United States), Series B	Provider of platform for managing flexible employee benefits and spending accounts	$57.6M	Ribbit Capital, Advisors.Fund & 10 others	61/100

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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:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 27, 2022	Investments	HopDrive	2018	Richmond (United States)
Oct 21, 2021	Acquisition	Ollo	2016	Philadelphia (United States)
Oct 13, 2021	Investments	Mulberry	2018	New York City (United States)