Altimeter
UnclaimedAt a Glance
- Check Size
- $1M – $25M
- Stage
- Series A, Series B+
- AUM
- $15B
- Sectors
- Enterprise, Consumer, Marketplace +1
- Founded
- 2008
- HQ
- Menlo Park, CA
About Altimeter
Altimeter is a venture capital firm based in Menlo Park, CA founded in 2008. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate. The firm manages $15B in assets under management. Notable portfolio companies include Snowflake, Unity, HubSpot, Grab, JD.com, Poshmark, Gusto and Hopin. Invests in disruptive technology companies across public and private markets, focusing on internet, software, and technology-enabled services.
Investment Thesis
“Invests in disruptive technology companies across public and private markets, focusing on internet, software, and technology-enabled services.”
Sector Focus
Investment Stage
Notable Portfolio Companies
View full portfolio →
Fund History
Altimeter's private fund line escalates sharply across four filings, all signed by Brad Gerstner as executive officer. Altimeter Growth Partners Fund III filed in June 2017 on a $200 million offering and had sold $199.45 million to 58 investors by December 2019 against a first sale of July 19, 2017. Fund IV filed in December 2018 at $400 million, Fund V in October 2020 at $480 million, and Fund VI in September 2021 at $2 billion, a more than fourfold step in under a year at the peak of the growth cycle. The private funds are only part of the platform. Altimeter Capital Management, LP is an SEC-registered investment adviser that also runs Altimeter Crossover Fund, Altimeter Long Opportunities Fund and its offshore twin, and Altimeter Offshore Ltd, and it sponsored the Altimeter Growth Corp and Altimeter Growth Corp 2 blank-check vehicles. Around those sit dozens of single-asset and co-investment entities named for mountains and geography: Cascade, Castle, Denali, Diablo, Hood, Lincoln I and II, Pacific, Olympic II through VIII, Adirondack, Atlas, Kilauea and Himalaya.
Team (5)
Brad Gerstner
Founder & CEO, Altimeter
Erik Kriessmann
Partner, Altimeter
Gwen Umbach
Investor, Altimeter
Jamin Ball
Partner, Altimeter
Thomas Reiner
Partner, Altimeter
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Frequently Asked Questions
What stage does Altimeter invest at?
Altimeter primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
Where is Altimeter located?
Altimeter is headquartered in Menlo Park, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Altimeter focus on?
Altimeter focuses on investments in Enterprise, Consumer, Marketplace, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is Altimeter's typical check size?
Altimeter's typical investment check size ranges from $1M to $25M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Altimeter have under management?
Altimeter manages approximately $15B in assets under management (AUM) across their funds.
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