[6] In November 2014, the company raised a $2 million seed funding round with investments from Spark Capital, SV Angel, and Crunchfund.

In April 2015 Hello Alfred raised a $10.5 million Series A with investments from New Enterprise Associates, Spark Capital, Sherpa Ventures, and CrunchFund.

[9] Alfred works with real estate developers and property managers to offer its "in-home commerce" platform[10] to residents as an amenity.

[12] In October 2020, the company raised a $42 million investment round led by Adam Neumann's family office, 166 2nd LLC.

[13] The company has received attention for hiring its Alfreds as W-2 employees and offering a starting hourly wage of $16.