Altos Ventures
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- AUM
- $1.5B
- Sectors
- Consumer, Fintech, Enterprise
- Founded
- 1996
- HQ
- Burlingame, CA
About Altos Ventures
Altos Ventures is a venture capital firm based in Menlo Park, CA founded in 1996. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate. The firm manages $1.5B in assets under management. Notable portfolio companies include Coupang, Roblox, Woowa Brothers, DeliveryHero, Hyperconnect, SendBird, MoneyLion and Snow. Focuses on early-stage technology companies, particularly in enterprise software, consumer internet, and mobile technologies with strong emphasis on Korean and Asian markets.
Investment Thesis
“Focuses on early-stage technology companies, particularly in enterprise software, consumer internet, and mobile technologies with strong emphasis on Korean and Asian markets.”
Leadership Team
Altos Ventures is run by its three co-founders, Han Kim, Ho Nam and Anthony Lee, who met at Stanford's Graduate School of Business and began managing their first fund in 1996 after an introduction from a professor. All three appear as executive officers on every Altos fund filed with the SEC, from the 2013 Korea Opportunity Fund through KOF7 in 2026, an unusual continuity for a 30-year-old firm.
Kim graduated from West Point in 1987 and served as a captain in the US Army Corps of Engineers, including two years in Korea, before earning a Stanford MBA in 1994. Nam studied engineering with a minor in philosophy, politics and economics at Harvey Mudd College and worked in sales and marketing at Silicon Graphics and Octel Communications before co-founding the firm. Lee began as a strategy consultant at McKinsey & Company and concentrates on software and digital media.
Sector Focus
Investment Stage
Notable Portfolio Companies
Regional Arms
- └Altos Ventures Korea— Burlingame, CAKorea
Fund History
- Altos Ventures has run two parallel fund families since 2013, both documented in SEC filings.
- The Korea Opportunity Fund series began in July 2013 at $60 million, then scaled steadily: KOF2 at $110 million in 2015, KOF3 on an indefinite offering in 2018, KOF4 at $350 million in 2020, KOF5 at $481.1 million in 2021, KOF6 at $500 million in 2023 and KOF7, fully sold at $350 million with a first sale in April 2026.
- The Altos Hybrid series, which blends primary and secondary exposure, started at $50 million in 2015, repeated $50 million in 2017, then rose to $150 million in 2019, $253 million in 2020, $475 million in 2022 and $500 million in 2024.
- Alongside the commingled funds, Altos has filed single-asset and continuation vehicles, including Altos Roblox SPV 1 in 2018 and Altos Roblox SPV 2020, Altos Woowa in 2017, and a $434.6 million Altos Ventures IV Liquidity Fund with a companion Reserve Fund in April 2019 to extend an earlier vintage.
- Han Kim, Ho Nam and Anthony Lee are named executive officers on all of them.
Frequently Asked Questions
What stage does Altos Ventures invest at?
Altos Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Altos Ventures located?
Altos Ventures is headquartered in Burlingame, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Altos Ventures focus on?
Altos Ventures focuses on investments in Consumer, Fintech, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
What is Altos Ventures's typical check size?
Altos Ventures's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Altos Ventures have under management?
Altos Ventures manages approximately $1.5B in assets under management (AUM) across their funds.
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