At a Glance
Jack Altman Fund represents the investment vehicle of Jack Altman, a Bay Area entrepreneur and investor who has carved out a distinctive niche in early-stage venture capital. Altman, brother of OpenAI CEO Sam Altman, brings a unique perspective to venture investing through his operational experience as co-founder and former CEO of Lattice, the performance management software company he built into a significant SaaS business before stepping back from day-to-day operations. The fund operates with a relatively concentrated approach, making selective investments across pre-seed through Series B stages, with particular focus on areas where Altman's network and expertise can provide meaningful value-add. Unlike traditional institutional VC firms, Jack Altman Fund functions more as a high-conviction investor leveraging deep Silicon Valley connections and operational insights. The firm's portfolio spans multiple sectors including fintech, digital health, consumer technology, and aerospace & defense, reflecting Altman's belief in backing exceptional founders across diverse markets rather than adhering to narrow sector mandates. This broad approach is balanced by a focus on companies where the fund can provide more than just capital, often leveraging Altman's experience scaling technology companies and his extensive network within the broader Altman ecosystem and Y Combinator community. The fund's investment style emphasizes early engagement with founders, often investing at inflection points where strategic guidance and network access can accelerate growth trajectories. While specific fund size and portfolio performance metrics are not publicly disclosed, the fund has established credibility within Silicon Valley's venture ecosystem through strategic investments and Altman's reputation as both an operator and investor. The fund benefits from Altman's deep integration within the broader technology ecosystem, including connections through his family's prominent role in AI and startup communities, though it operates independently with its own investment thesis and decision-making processes.
“Angel investments in early-stage technology companies, focusing on enterprise software and consumer applications.”
Jack Altman Fund operates as a relatively newer entrant to the venture capital landscape, established after Altman transitioned from his operational role at Lattice to focus more heavily on investing activities. The fund structure and specific fundraising history remain largely private, consistent with many individual-led investment vehicles in Silicon Valley. The investment approach has maintained consistency around backing early-stage companies where Altman's operational expertise and network can provide meaningful value beyond capital deployment.
Jack Altman Fund 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.
Jack Altman Fund is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Jack Altman Fund focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
Jack Altman Fund's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
