/Investor DB

Altimeter Capital

Crossover fundActively deployingventure arm of Altimeter

Menlo Park · Seed–Late Stage · 18 people tracked

Also known as Altimeter · ALTIMETER CAPITAL MANAGEMENT, LP

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Investment thesis

Altimeter is a technology-focused investment firm founded by a founder to serve founders. Its stated mission is to help visionary entrepreneurs build iconic companies, disrupt markets, and improve lives across all stages of growth. The firm manages a range of funds investing in both public and private markets, positioning itself as a long-term expert partner to companies, particularly as they prepare to enter and operate in the public markets.

Source: firm website, verified Sep 29, 2026.

Founder fit — who Brad backs

A strong fit is a growth-stage technology company with consumption-based economics, measurable retention, and a management team that can defend its cost structure line by line. He is a direct counterparty who will tell you what he thinks — publicly, if he believes it matters enough.

Strong signalsData and AI infrastructureLate private and crossover stagePublic-comparable financial disciplineFrontier AI at scaleFounders who welcome hard feedback
Likely mismatchesSeed and pre-seedHeadcount-led growth plansNon-technology sectors

Seed and pre-seed rounds, headcount-led growth plans, and non-technology sectors. These are inferences from Altimeter's stage focus and his published positions, not stated exclusions.

How to pitch

Bring public-market-grade numbers: gross margin, net revenue retention, burn multiple, and the path to free cash flow with dates. Show output per employee and be ready to defend your hiring plan against it — that is the argument he is most known for. If AI capital intensity is part of your model, bring the depreciation and utilisation assumptions, because that is the level at which he engages on BG2.

As of August 2026 his attention is split between Altimeter's AI and data infrastructure positions and Invest America, whose accounts launched on 4 July 2026 — he has predicted more than $100 billion in private commitments within twelve months. He continues to co-host BG2 with Bill Gurley.

Editorial inference from Brad's portfolio, writing and public record — not a published mandate.

Investment themes

8 documented themes from Brad's essays, talks and portfolio, grouped by what they say about founders.

▶More themes6
  • Efficiency is a growth strategy2022

    Time to Get Fit argued that a great company had let headcount and capital spending expand past the point of productivity, and that cutting both would restore rather than reduce its capacity to innovate.

    For founders: He reads bloat as a governance failure, not a phase — expect questions about headcount per unit of output.

  • It was never only about costs2023

    A year later he argued the letter had been misread as a cost memo when its real subject was reclaiming a company's focus from the excess that undermines innovation.

    For founders: Frame discipline as focus, not austerity.

  • Cross public and private with one underwriting standard2008

    Altimeter was built to hold the same technology company across private rounds and public listings, which forces private investments to be underwritten against public comparables from the start.

    For founders: Expect public-market-grade diligence on a private round.

  • Concentrated conviction in data and AI infrastructure2020

    Snowflake, Confluent, Cockroach Labs, Baseten and the frontier labs form a coherent bet on the data and inference layer rather than on applications.

    For founders: Infrastructure with measurable consumption growth is the sweet spot.

  • Ownership changes behaviour2025

    Invest America's premise is that giving every American child a funded investment account from birth changes their relationship to capitalism, not just their balance sheet.

    For founders: He treats capital-markets participation as a civic project alongside a financial one.

  • Private capital should co-fund public policy2026

    He has organised corporate commitments to top up children's accounts as a tax-free benefit, arguing private matching multiplies the federal seed many times over.

    For founders: He builds coalitions rather than lobbying alone.

▶AI & media1
  • Interrogate the capex, not the narrative2025

    On BG2 he and Gurley have repeatedly worked through whether hyperscaler capital spending is supported by demonstrable demand, treating the depreciation schedule and the utilisation rate as the argument.

    For founders: Bring unit economics into an AI conversation with him, not vision.

▶Founders & company building1
  • Founders deserve a real counterparty2022

    The Meta letter was written as a shareholder willing to say publicly what he believed privately — a stance he has extended to portfolio companies.

    For founders: He will tell you what he thinks, publicly if necessary.

Portfolio coverage

Snowflake is the anchor, alongside ByteDance, Anthropic, Confluent, Cockroach Labs, Baseten and Roblox. Time to Get Fit is credited with helping catalyse one of the largest corporate turnarounds of the decade. Grab, taken public through the largest SPAC of its time, is the counterweight: the company still operates at scale but the stock fell far below its listing level.

Public databases count this portfolio differently — scopes and methodologies vary, so no single total is definitive.

Fundraising FoxTracked Altimeter investments35
Fundraising FoxTracked personal investments3
ForbesMidas List appearance2022
Invest AmericaPredicted private commitments$100B+

Positions, predictions and career history live on Brad Gerstner →

Deep-research dossier, compiled August 2026. Every row carries its own source.

Stage
Seed–Late Stage
Check
$1M – $25M
HQ
Menlo Park, CA, US
Leads rounds
Leads
Instruments
Equity
Founded
2021
Last 12 months
27 investments
AUM
$18.8B
Tracked investments
110
Unicorns
45
IPOs
16
Acquisitions
9

Team · 18 people

from curated & public directories
Apoorv Agrawal· Partnerin
Clark Tang· Partnerin

Founder mafia

3 people who came through Altimeter Capital went on to found or lead other companies.

What they invest in

from 93 of 110 portfolio companies

AI & Machine Learning ×45Enterprise Software ×32SaaS ×25Cloud Computing ×24Data & Infrastructure ×22Developer Tools ×22Fintech ×18Deep Tech ×10

HQs:United States×75United Kingdom×3Netherlands×2Canada×1China×1Germany×1

Investments · 110 tracked

founders shown can be your intro path

By year:2026 · 222025 · 102024 · 62023 · 72022 · 42021 · 142020 · 32019 · 22018 · 12017 · 32016 · 22015 · 379 dated

Cerebras Systemscerebras.aiin𝕏NASDAQ: CBRSSep 2025 · $1.1B

Cerebras designs and manufactures wafer-scale AI processors and systems for data centers, enabling high-speed AI training and inference workloads.

AI & Machine LearningDeep TechHardwareSemiconductorsSunnyvale, US

Andrew Feldman(Founder)inGary Lauterbach(Founder)inMichael James(Founder)inSean Lie(Founder)inJean-Philippe Fricker(Founder)in

Co-investors2080 VenturesAlpha Wave GlobalArtisanal VenturesAurum Venture PartnersAzure Ventures GroupB Capital+47 more

Gitlabgitlab.comin𝕏NASDAQ: GTLBLate Stage

GitLab is an intelligent orchestration platform for DevSecOps that enables teams and AI agents to collaborate on the full software development lifecycle, from planning through deployment, with integrated security and compliance capabilities.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSan Francisco, US

Sid Sijbrandij(CEO)inDmytro Zaporozhets(CTO)inDmitriy Zaporozhets(Founder)inPaul Machle(Executive Officer)inSytse Sijbrandij(Founder)

BoardBruce Armstrong(Director)in

Co-investorsAlkeon InnovationAugust CapitalBase PartnersBling CapitalCategory VenturesCoatue Management+36 more

Grabgrab.comin𝕏NASDAQ: GRABGrowth · Jan 2021 · $4B

GrabAcademy, established in 2020, provides learning and development programs and training support for Grab's partners to help them deliver services and prepare for future challenges.

ConsumerEdTechFintechFuture of WorkLogistics & Supply ChainMarketplacesMobility & TransportationSingapore, SG

Anthony Tan(Founder)inHooi Ling TaninCheryl GohChin OngKell LiminSarah Limin

Co-investors137 Ventures500 Global500 Startups VietnamAliya Capital PartnersArbor VenturesBase Partners+27 more

HubSpothubspot.comin𝕏NYSE: HUBS

HubSpot is a software platform that provides customer relationship management (CRM) and marketing automation tools for businesses.

AI & Machine LearningMarketing TechSaaSBoston, US

Brian Halligan(Founder)inDharmesh Shah(Founder)inYamini Rangan(Chief Executive Officer)inSarika GarginKate Bueker(Chief Financial Officer and Treasurer)Erika Fisher(Chief Legal Officer and Secretary)

Co-investorsArcher Capital GroupArcher Venture CapitalBantam GroupBoxGroupCRV (Charles River Ventures)Firebolt Ventures Management Company, Llc+13 more

MongoDBmongodb.comin𝕏NASDAQ: MDBDec 2014

MongoDB is a cloud database company that provides Atlas, a multi-cloud data platform for transactional, search, and generative AI workloads, along with enterprise on-premises options and integration tools for developers and partners.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsNew York, US

Dwight Merriman(Founder)inEliot Horowitz(Founder)inChirantan 'CJ' Desai(President and Chief Executive Officer)Sydney Carey(Chief Financial Officer)inDev Ittycheria(Chief Executive Officer)inAlexander Stigsen(Founder)in

Co-investorsAlleyCorpDell Technologies CapitalFlybridge Capital PartnersFoundryIn-Q-TelMaC Venture Capital+7 more

Oktaokta.comin𝕏Nasdaq: OKTA

Okta provides identity and access management products designed to protect the identities of workforce and customer users.

Cloud ComputingCybersecurityEnterprise SoftwareSaaSSan Francisco, US

Todd McKinnon(Founder)inFrederic Kerrest(Founder)inEric Kelleher(President and Chief Operating Officer)inBrett Tighe(Chief Financial Officer)inJon Addison(Chief Revenue Officer)inDavid Bradbury(Chief Security Officer)in

Co-investorsAndreessen HorowitzFloodgateGlynn Capital ManagementGreylock PartnersJuniperoK9 Ventures+6 more

Robloxroblox.comin𝕏NYSE: RBLXGrowth · Jan 2021

Roblox operates an online platform where users sign up to play and create games and interactive experiences.

Creator EconomyGamingSocialSan Mateo, US

David Baszucki(Founder)inErik Cassel(Founder)Naveen Chopra(Chief Financial Officer)inCraig Donato(Executive Officer)inMichael Guthrie(Executive Officer)inDaniel Sturman(Executive Officer)in

Co-investorsAdventure FundAltos VenturesAndreessen HorowitzFirst Round CapitalFounderPartnersGreylock Partners+10 more

Snowflakesnowflake.comin𝕏NYSE: SNOWGrowth

Snowflake is a fully managed cloud data platform that integrates data ingestion, processing, analysis, and AI application development across multiple cloud providers.

AI & Machine LearningCloud ComputingData & InfrastructureSan Mateo, US

Benoit Dageville(Co-founder and President of Products)inMarcin Zukowski(Founder)inThierry Cruanes(Founder)inJeffrey T. Balaguras(Executive Officer)Matthew Glickman(Executive Officer)inBarbara Walkowski(Executive Officer)in

Co-investors515 VenturesArtisanal VenturesCoatue ManagementData TechEQUIAMFirebolt Ventures Management Company, Llc+15 more

SoFisofi.comNASDAQ: SOFI

SoFi Technologies is a digital personal-finance company offering student and personal loans, mortgages, investing, banking and credit cards through one app; it went public on the Nasdaq in 2021 via SPAC.

Anthony Noto(Founder)inChristopher Lapointe(Chief Financial Officer)Arun Pinto(Chief Risk Officer)Jeremy Rishel(Chief Technology Officer)Dan Macklin(Founder)Ian Brady(Founder)

Co-investorsAlpha Square GroupBaseline VenturesBling CapitalBlue LionBlue Lion GlobalCanvas Ventures+39 more

Twiliotwilio.comin𝕏NYSE: TWLOApr 2015

Twilio provides a cloud-based communications platform that enables businesses to integrate voice, messaging, and video into applications using APIs.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSan Francisco, US

Jeff Lawson(Founder)inEvan Cooke(Founder)John Wolthuis(Founder)inLee Kirkpatrick(Chief Financial Officer)inRoy Ng(Executive Officer)inKaryn Smith(Executive Officer)in

Co-investors500 GlobalBessemer Venture PartnersCraft VenturesDraper AssociatesFounders Circle CapitalFounders Fund+21 more

Uberuber.comin𝕏NYSE: UBER

Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.

Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US

Travis Kalanick(Founder)Garrett Camp(Founder)inGautam Gupta(Executive Officer)inJeffrey Holden(Executive Officer)David Plouffe(Executive Officer)inEmil Michael(Executive Officer)in

Co-investors137 Ventures3Spoke Capital408 VenturesA*ACME CapitalAcross Capital Partners+91 more

Unity Technologiesunity.comin𝕏NYSE: U

Unity is a cross-platform real-time development engine and creation platform used by content creators and developers to build games and interactive experiences for mobile, PC, console, and extended reality (XR) devices.

AdTechCreator EconomyDeveloper ToolsEnterprise SoftwareGamingSan Francisco, US

David Helgason(Founder)inJoachim Ante(Founder)Nicholas Francis(Founder)inMatthew Bromberg(CEO and President)in

Co-investorsDeepwater Asset ManagementEdge VCEQUIAMEvolution VC PartnersGP BullhoundiGlobe Partners+18 more

Vroomvroom.comNASDAQ: VRMSep 2016 · $50M

Vroom operates two primary businesses following the 2024 wind-down of its used vehicle ecommerce platform: UACC, an indirect automotive lender offering financing to consumers through a network of independent and franchised motor vehicle dealers with a focus on non-prime credit markets; and CarStory, an AI-powered analytics and digital services platform for automotive retail.

Fort Worth, US

Allon Bloch(Executive Officer, Director)Marshall Chesrown(Executive Officer, Director)Thomas H. Shortt(Executive Officer, Director)Anna-Lisa Corrales(Chief Legal Officer, Chief Compliance Officer and Secretary)inJon Sandison(Chief Financial Officer)inKevin Westfall(Director)

Co-investorsFJ LabsFraser McCombs CapitalGeneral CatalystStartup BangladeshAllen & CompanyDurable Capital Partners+4 more

Zillowzillow.comNASDAQ: ZJul 2023

Zillow operates an online real estate marketplace where consumers can search homes for sale and rentals across US and Canadian cities, view mortgage rate information, and access home financing through Zillow Home Loans.

FintechMarketplacesPropTechSeattle, US

Rich Barton(Founder)inLloyd D. Frink(Co-founder, Co-Executive Chairman and President)inJennifer Rock(Executive Officer)inSusan Daimler(Executive Officer)Jeremy Hofmann(Executive Officer)Bradley Owens(Executive Officer)

Co-investorsElectric Feel Ventures LlcKhosla VenturesMetaPropBenchmarkPIPELINE CAPITAL PARTNERSTCV

Checkoutcheckout.comin𝕏Nov 2025 · $1B✓ verified

Checkout.com offers Flow, a hosted payment page that businesses can deploy with a low-code, one-time integration to accept payments online.

Developer ToolsE-commerceFintechSaaSLondon, GB

Guillaume Pousaz(Founder)in

Co-investorsCoatue ManagementDragoneer Investment GroupDST GlobalFranklin TempletonGICInsight Partners+7 more

Click Houseclickhouse.comin𝕏Series B · Oct 2021 · $250M✓ verified

ClickHouse develops a column-oriented database management system that enables real-time analytical reporting via SQL queries.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Aaron Katz(Founder)inAlexey Milovidov(Founder)inYury Izrailevsky(Founder)in

Co-investorsCoatue ManagementIndex VenturesLightspeed Venture PartnersRedpoint VenturesBenchmark515 Ventures+22 more

Elorian AIelorian.aiin𝕏✓ verified

Elorian is an AI research and product lab building models for visual reasoning, training systems to interpret and manipulate visual representations by understanding spatial relationships, structure, and physical constraints.

AI & Machine LearningDeep TechRoboticsPalo Alto, US

Andrew Dai(Co-Founder & Chief Executive Officer)inYinfei Yang(Co-Founder & Chief Multimodal Architect)inSeth Neel(Co-Founder & Member of Technical Staff)in

Co-investorsMenlo Ventures49 Palms VenturesLG Technology VenturesStriker Venture PartnersSunflower Capital Management FundThe E14 Fund

Solosolo.ioin𝕏✓ verified

Solo.io provides cloud connectivity solutions that help organizations secure, observe, and control their cloud environments.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareCambridge, US

Idit Levine(Founder)in

BoardPuneet Agarwal(Director)inSatish Dharmaraj(Director)in

Co-investorsRedpoint VenturesTrue VenturesZypsy CapitalHaystackWestWave Capital

Duettoduettocloud.cominJul 2015SEC filingmedium confidence

Duetto provides a Revenue & Profit Operating System (RP-OS) for the hospitality industry, combining revenue and profitability data into a suite of products for pricing, benchmarking, and group business management.

AI & Machine LearningSaaSTravel & HospitalitySan Francisco, US

Patrick Bosworth(Co-founder)Craig Weissman(Co-founder & CTO)inMarco Benvenuti(Co-founder)in

BoardDavid Tabors(Director)Brian O'Malley(Director)

Board seatBrad Gerstner· per SEC Form D · $30.1M raise · filed Dec 2015

Co-investorsWarburg PincusAccelBattery VenturesIcon VenturesTactile VenturesThayer Ventures

23andMe23andme.comin𝕏Aug 2017Acquired

23andMe operates a research platform that collects genetic data from millions of users to advance genomic research and health discovery.

BiotechDigital HealthDirect to ConsumerHealthtechLongevityMountain View, US

Anne Wojcicki(Founder)inLinda Avey(Founder)Paul Cheung(Co-founder)Andrew Page(Executive Officer, Director)Kathy Hibbs(Executive Officer)inPaul Cusenza(Founder)

Co-investorsAdam NashAllied Venture PartnersBright Success CapitalCivilization Ventures Management, LlcEQUIAMFirebolt Ventures Management Company, Llc+18 more

Airbyteairbyte.comin𝕏Series B · Dec 2021

Airbyte provides a context layer for agents and pipelines, enabling data connectivity and integration solutions.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Michel Tricot(CEO)inJean Lafleur(COO)inJean (John) Lafleur(Founder)inJohn Lafleur(Founder)Brian Cannon(Lead Recruiter)Ron Miguel(Senior Recruiter)

Co-investors8VCAccelCoatue ManagementFlex Capital PartnersKima VenturesRebel Fund+11 more

American Terawattamericanterawatt.comin𝕏May 2026

American Terawatt is building a national high-voltage direct current (HVDC) transmission network in the United States designed to deliver gigawatts of power to large industrial loads.

CleantechEnergyHardwareSan Francisco, US

Robert Parker(Founder)inAnton Troynikov(Executive Officer, Director)inArani Bhattacharyay(Executive Officer, Director)

Co-investorsAntlerGiant Ventures Global LlpHawk Hill VenturesHOF CapitalScribble VenturesZero Infinity Partners+3 more

Andurilanduril.comin

Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.

AI & Machine LearningDefense TechHardwareRobotics

Palmer Luckey(Founder)inBrian Schimpf(Founder)inTrae Stephens(Founder)inJoe Chen(Founder)Joseph Chen(Founder)inMatt Grimm(Founder)

Co-investors137 Ventures1435 Capital1Flourish Capital8VCAliya Capital PartnersAltra Venture+106 more

Anthropicanthropic.comin𝕏Growth · Sep 2025 · $13B

Anthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSan Francisco, US

Dario Amodei(Founder)inDaniela Amodei(Founder)inTom Brown(Founder)inJack Clark(Founder)inJared Kaplan(Founder)inChris Olah(Founder)in

Co-investors3Comma Capital7BC Venture Capital7GC & CoA.Capital VenturesAccelAkka+151 more

Appdynamicsappdynamics.comin𝕏Nov 2015 · $160MAcquired

AppDynamics (now part of Splunk Observability) provides full-stack observability and application performance monitoring for hybrid, on-premises, and multi-tier applications, helping enterprise teams troubleshoot performance and security issues linked to business impact.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Jyoti Bansal(Founder)inBhaskar Sunkara(Co-Founder & Director of Engineering (2008–2014); Chief Technology Officer (2014–2019))inDavid Wadhwani(Founder)inDaniel J. Wright(Senior Vice President and General Counsel)Randy Gottfried(Chief Financial Officer)inKendall Collins(Chief Marketing Officer)in

Co-investorsArtisanal VenturesBattery VenturesCross Creek AdvisorsFounders Circle CapitalGeneral AtlanticGreylock Partners+10 more

Basebase.clubin𝕏Aug 2026 · $1B

Base is a membership-based social club that curates intimate gatherings and experiences for members seeking meaningful conversations and authentic connections beyond traditional networking.

ConsumerMarketplacesSocial

Co-investorsConnetic VenturesGaingelsGeek VenturesTetradAdditionAndreessen Horowitz+9 more

Base Powerbasepowercompany.comin𝕏Series C · Oct 2025 · $1B

Base Power provides residential battery systems and retail electric provider services to customers in Texas.

CleantechEnergyHardwareTexas, US

Zach Dell(Founder)inJustin Lopas(Founder)inZach Dell Justin Lopas(Founder)

Co-investors137 VenturesAlign VenturesAndreessen HorowitzAvenir Growth CapitalBond Capital ManagementCapitalG+31 more

Basetenbaseten.coin𝕏Growth · Jan 2026 · $1.5B

Baseten provides AI inference and infrastructure services that optimize model deployment, serving, and orchestration across the full stack.

AI & Machine LearningCloud ComputingDeveloper ToolsSan Francisco, US

Tuhin Srivastava(Founder)inAmir Haghighat(Founder)inPhil Howes(Founder)inPankaj Gupta(Founder)inDanielle Herzberg(Executive Officer)Dannie Herzberg(President (Go-to-Market & Operations))in

Co-investors01 AdvisorsAI FundAlpha PartnersAspire11Athletic VenturesBattery Ventures+31 more

Bay Area Timesbayareatimes.comin𝕏Feb 2026

Bay Area Times is a daily visual newsletter covering business and technology news, designed for founders, operators, and investors who need quick access to key stories and context.

Media & Entertainment

Bill Kerr(CEO)in

Co-investorsSolar Eco FundAndreessen HorowitzBenchmarkCapitalGDST GlobalICONIQ+2 more

Beepthisisbeep.comAug 2026 · $2B

This page is a blog article offering guidance on how to select an SEO company, including advice on checking credentials, reputation, and references.

Marketing TechMedia & Entertainment

Co-investorsFundersClubSoftBank Group

Benchlingbenchling.comin𝕏Late Stage · Apr 2021 · $200M

Benchling provides a cloud-based R&D platform for life sciences, combining a collaborative electronic lab notebook, structured scientific data modeling, automated workflows, and AI tools.

AI & Machine LearningBiotechEnterprise SoftwareSaaSSan Francisco, US

Sajith Wickramasekara(CEO)inAshutosh Singhal(Founder)Ashu Singhal(Founder)inCheng Kang(Founder)Cornelius Chen(Founder)Cory Liin

Co-investorsAlkeon InnovationAndreessen HorowitzArtisanal VenturesBalaji SrinivasanDraper AssociatesEnsemble Labs+31 more

Boom Supersonicboomsupersonic.comin𝕏Growth

Boom Supersonic develops supersonic aircraft and engines, including the Overture commercial airliner and the Symphony turbofan engine, targeting commercial aviation and advanced infrastructure applications.

Advanced ManufacturingDeep TechHardwareMobility & TransportationSpace TechCentennial, US

Blake Scholl(CEO)inJoshua Krall(Founder)inJoe Wilding(Founder)inJosh Krall(Founder)Slava Solonitsyn(Investor in Boom)in

Co-investorsAccess Ventures (New York)Activant CapitalAlpha FundsAltra VentureAngel Collective Opportunity FundBessemer Venture Partners+61 more

Bytedancebytedance.comGrowth

ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally.

Creator EconomyE-commerceMedia & EntertainmentBeijing, CN

Yiming Zhang(Founder)inRubo Liang(Founder)inZhang Yiming(Founder)Liang Rubo(Founder)

Co-investors1435 Capital3Comma Capital5Y CapitalAccess Ventures (New York)Aglae VenturesAlanda Capital Holding Limited+35 more

Castelioncastelion.comin

Castelion designs and manufactures low-cost, mass-producible hypersonic strike weapons and defensive systems for U.S. national security and defense customers such as the U.S.

Advanced ManufacturingDefense TechHardwareTorrance, US

Bryon Hargis(Founder)inSean Pitt(Founder)inAndrew Kreitz(Founder)inCharles Bryon Hargis(Executive Officer, Director, Promoter)

BoardAlex Poulin(Director)in

Co-investors7percent VenturesAndreessen HorowitzAngel Collective Opportunity FundAvenir Growth CapitalBlueYard CapitalCantos Ventures+14 more

Cazoocazoo.co.ukAcquired

Cazoo is a UK online used-car marketplace and classified advertising business, now owned by MOTORS after its 2024 administration.

London, GB

Alex Chesterman(Founder)

Co-investorsAssurant VenturesAutotech VenturesCherry VenturesDIP CapitalEight Roads VenturesEntrée Capital+15 more

Chainalysischainalysis.comin𝕏Jun 2021

Chainalysis provides investigative services and training programs for cryptocurrency compliance and risk mitigation.

AI & Machine LearningCrypto & Web3CybersecurityData & InfrastructureFintechNew York, US

Jonathan Levin(Founder)inMichael Gronager(Founder)inJan Møller(Founder)inRakib Azad(Executive Officer)in

BoardPhilippe Botteri(Director)inSarah Tavel(Director)in

Co-investorsAccelAdditionAlbionVCArchetypeBlackstoneBNY Mellon+36 more

Champion Hill Ventureschampionhillventures.com

Champion Hill Ventures is a venture capital firm that invests in portfolio companies.

Josh Manchester(Founder)in

Co-investorsNimble PartnersAndreessen HorowitzBlueYard CapitalHumba VenturesQuiet Capital

Clumioclumio.comin𝕏Nov 2017 · $75M

Clumio provides cloud-native backup and recovery for AWS and Google Cloud, offering air-gapped, immutable backups with point-in-time recovery through a serverless, API-first platform.

Cloud ComputingCybersecurityData & InfrastructureSan Jose, US

Woon Ho Jung(Founder)Poojan Kumar(Founder)inKaustubh Sambhaji Patil(Director, Promoter)Kaustubh Patil(Founder)Rajeev Kumar(Founder)

BoardMichael L. Speiser(Director)

Co-investorsHuman CapitalIndex VenturesNewView CapitalSutter Hill Ventures

Cockroach Labscockroachlabs.comin𝕏Growth · Aug 2019 · $55M

CockroachDB is a distributed SQL database designed for enterprise applications that require high availability and global scalability.

Cloud ComputingData & InfrastructureEnterprise SoftwareNew York, US

Spencer Kimball(Founder)inPeter Mattis(Founder)inBen Darnell(Founder)

Co-investorsBond Capital ManagementCoatue ManagementFirstMark CapitalG SquaredGV (Google Ventures)In-Q-Tel+13 more

Confluentconfluent.ioin𝕏Growth · Apr 2020 · $250MAcquired

Confluent provides a cloud-native platform for real-time data streaming and movement, enabling organizations to connect applications and respond to business events as they occur.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareMountain View, US

Neha Narkhede(Founder)inJay Kreps(Founder)inJun Rao(Founder)inEdward (Jay) Kreps(Executive Officer, Director, Promoter)

BoardMatthew Miller(Director)Eric Vishria(Director)in

Co-investorsAlkeon InnovationArtisanal VenturesAxevil CapitalBattery VenturesCoatue ManagementCusp Capital+17 more

Contractscontracts.aiAug 2026 · $1B

ContractsAI structures and activates contract data beyond static storage in contract lifecycle management systems, making terms accessible for operational use across enterprise systems.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Jenn McCarron(Co-founder & CEO)inPhani Gunturu(Co-founder & CTO)in

Co-investorsOperator CollectiveAndreessen HorowitzBain Capital VenturesBlackstoneGeneral CatalystInterlagos+9 more

CoreWeavecoreweave.comin𝕏Jun 2024 · $7.5B

CoreWeave provides a cloud platform for running, observing, and improving production AI systems, including a product called Forge that supports the full model/agent iteration loop.

AI & Machine LearningCloud ComputingData & Infrastructure

Michael Intrator(Founder)inBrannin McBee(Founder)Brian Venturo(Founder)Peter Salanki(Founder)

Co-investorsCisco InvestmentsCoatue ManagementDragon CapitalFOG VenturesG SquaredHustle Fund+17 more

Crusoecrusoe.aiin𝕏Oct 2025

Crusoe builds energy-first AI infrastructure, using innovative and renewable energy sources to power hyperscale AI factories and a cloud platform for AI workloads.

AI & Machine LearningCloud ComputingData & InfrastructureEnergyDenver, US

Cully Cavness(Founder)inChase Lochmiller(Founder)inCharles Cavness(Executive Officer, Director)Matthew DeNezza(Executive Officer)inJamey Seely(Executive Officer)inMichael Gordon(Executive Officer)in

Co-investorsAbstract VenturesACTIVATE CAPITAL PARTNERSAdvaita CapitalAir Street CapitalAkkaAlkeon Innovation+73 more

DataRobotdatarobot.comin𝕏Nov 2020 · $270M

DataRobot develops an AI and machine learning platform that automates model development and deployment for enterprises.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareBoston, US

Jeremy Achin(Founder)inTom de Godoy(Co-Founder and Former Chief Technology Officer)inDebanjan Saha(CEO)inThomas DeGodoy(Founder)Thomas de Godoy(Founder)

BoardHarry Weller(Director)

Co-investors515 VenturesAliya Capital PartnersAMK Investment OfficeB Capital GroupB4 CapitalBallistic Ventures+46 more

dbt Labsgetdbt.comin𝕏Oct 2025 · $222M

dbt Labs provides a data transformation platform used by teams to organize, catalog, and manage data in their warehouses.

Data & InfrastructureDeveloper ToolsSaaS

Tristan Handy(Founder)inDrew Banin(Founder)inConnor McArthur(Founder)

Co-investorsAllison Pickens VenturesAmplify PartnersAndreessen HorowitzCoatue ManagementFirebolt Ventures Management Company, LlcGV (Google Ventures)+12 more

Deeldeel.comin𝕏Late Stage

Deel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders.

Enterprise SoftwareFintechFuture of WorkHR TechSaaSSan Francisco, US

Alex Bouaziz(CEO)inShuo Wang(CRO)inAlexandre Bouaziz(Executive Officer, Director, Promoter)Ofer Simon(Founder)Philippe Bouaziz(Executive Officer, Director, Promoter)inDan Westgarth(Founder)

Co-investors515 VenturesAdventure FundAlpha Square GroupAltaclub VCAltaIR CapitalAmplo Ventures+73 more

Densitydensityai.com

Density AI designs custom AI accelerators optimized for frontier-scale large language model inference, combining near-memory compute architecture with high-bandwidth memory density.

AI & Machine LearningDeep TechMountain View, US

Ben Floering(Founder)Bill Chang(Founder)Ganesh Venkat(Founder)

Co-investorsDolby Family VenturesFirestreak VenturesHyphen Capitalimec.xpandNextGen Venture PartnersSouth Park Commons+5 more

Densitydensity.ioin𝕏

Density makes Waffle, a self-installable real-time radar sensor for anonymous people counting in rooms, phone booths, and desks.

HardwareIoTPropTechSan Francisco, US

Andrew Farah(Founder)inBrian Weinreich(Founder)Jordan Messina(Founder)Robert Grazioli(Founder)Steven VonDeak(Founder)

Co-investorsA-Rod CorpChapter OneGaingelsKleiner PerkinsLAUNCHLong Journey Ventures+8 more

Distyldistyl.aiin𝕏Seed · Apr 2023 · $7M

Distyl is an applied technology company that deploys AI solutions to help enterprises re-architect critical workflows and systems.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Arjun Prakash(Founder)inDerek Ho(Founder)inArjun Prakash Derek Ho(Founder)

Co-investorsavraCoatue ManagementDell Technologies CapitalFirsthandVCKhosla VenturesLightspeed Venture Partners+5 more

DuckDBduckdb.orgin𝕏Sep 2023 · $52.5M

DuckDB is an open-source SQL database engine that executes queries directly on files and cloud data sources like Parquet, JSON, and S3.

Data & InfrastructureAmsterdam, NL

Hannes Mühleisen(Founder)in

Co-investorsMadrona Venture GroupAndreessen HorowitzFelicis VenturesRedpoint Ventures

Epic Gamesepicgames.com

American video game company behind Unreal Engine, Fortnite and the Epic Games Store, headquartered in Cary, North Carolina.

Cary, US

Tim Sweeney(Founder)Mark Rein(Founder)

Co-investors1435 CapitalAAF Management Ltd.Advaita CapitalAkkaAliya Capital Partnersalphabet angels+51 more

Expedia Groupexpedia.com

Seattle, US

Rich Barton(Founder)

Co-investorsTCV

FairMoneyfairmoney.ngin𝕏Jul 2021

FairMoney is a digital bank offering personal loans, savings products, and business banking services through a mobile app.

ConsumerFintech

Laurin Hainy(Founder)Matthieu Gendreau(Founder)Nicolas Berthozat(Founder)

Co-investorsAruwa CapitalNewfund CapitalSpeedinvestTLcom Capital305 Ventures75 & Sunny+26 more

FalconXfalconx.ioin𝕏Series C · Aug 2021 · $210M

FalconX is a digital assets prime brokerage providing institutional clients with 24/7 access to liquidity and capital solutions through proprietary technology designed for risk management in volatile markets.

Crypto & Web3FintechSan Mateo, US

Raghu Yarlagadda(Founder)inAustin ReidinSuzy WaltherinBrian CristinVanessa ZhanginJoshua Limin

Co-investorsAccelAccompliceB Capital GroupB4 CapitalBlockchain CoinvestorsCleo Capital+21 more

Fireblocksfireblocks.comin𝕏Jan 2022

Fireblocks provides infrastructure and platform services for managing digital assets and transactions, serving enterprises and startups that build and operate blockchain-based financial solutions.

Crypto & Web3Data & InfrastructureEnterprise SoftwareFintech

Michael Shaulov(Founder)inPavel Berengoltz(Founder)inIdan Ofrat(Founder)in

Co-investors515 Venturesboldstart venturesCanapi VenturesCapitalGCoatue ManagementCyberstarts+22 more

FTX Fundftx.com

Cryptocurrency exchange offering derivatives, options, volatility products and leveraged tokens.

Gary Wang(Founder)Sam Bankman-Fried(Founder)in

Co-investorsGenblock CapitalHomebrewMulticoin CapitalNew Enterprise Associates (NEA)Sequoia CapitalParadigm+3 more

Gleanglean.comin𝕏Sep 2024

Glean provides an AI-powered workplace search and knowledge management platform that connects company data across documents, messages, tickets, and systems to help teams access information and complete work.

AI & Machine LearningEnterprise SoftwareSaaSSilicon Valley, US

Arvind Jain(Founder)inTony Gentilcore(Founder)inT.R. Vishwanath(Founder)inPiyush Prahladka(Founder)inTR Vishwanath(Founder)Vishal Gupta(Founder)

Co-investorsAdvaita CapitalCategory VenturesCoatue ManagementCold Start VenturesCraft VenturesDash VC+32 more

Gleanglean.aiin𝕏Sep 2024 · $260M

Glean AI provides automated accounts payable and spend management software that extracts invoice line items, analyzes vendor costs, and integrates with accounting systems.

AI & Machine LearningEnterprise SoftwareFintechSaaSNew York, US

Arvind Jain(Founder & CEO)inHoward Katzenberg(Founder & CEO)inAnkur Patel(Executive Officer)Alexander Jia(Executive Officer)

BoardMatt Gorin(Director)in

Co-investorsAlumni VenturesB Capital GroupB4 CapitalBORN CAPITAL CFOTECHClocktower VenturesContour Venture Partners+20 more

Groq Incgroq.comin𝕏Sep 2025

Groq designs and manufactures the LPU (Language Processing Unit), a chip purpose-built for AI inference, and operates GroqCloud, a platform for running inference workloads with low latency and cost efficiency across global data centers.

AI & Machine LearningCloud ComputingSemiconductorsPalo Alto, US

Jonathan Ross(Founder)inDouglas Wightman(Founder)

BoardChamath Palihapitiya(Director)in

Co-investorsAccess Ventures (New York)Acequia Capital (AceCap)Alumni VenturesAxiom PartnersB CapitalBanca Investis — Family Office+75 more

H1h1.coin𝕏Series C

H1 operates an AI-driven platform that integrates healthcare data to identify and match doctors for clinical trials, patient care, medical affairs, and referrals.

AI & Machine LearningDigital HealthHealthtechNew York City, US

Ariel Katz(Founder)inIan Sax(Founder)inZachary Feuerstein(Vice President of Product)Don Pinkus(CPO)inDavid seidenfrau(Vice President - Engineering)David Street(Product Engineering Manager)

Co-investorsBoxGroupCommunitas Capital PartnersDorm RoomGlynn Capital ManagementHealthX VenturesIVP (Institutional Venture Partners)+9 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Blue HexagonEssential ProductsFishtown AnalyticsHerMDTabular Technologies, Inc.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 25

16 IPOs · 9 acquisitions · showing 14

Cerebras SystemsNASDAQ: CBRSGitlabNASDAQ: GTLBGrabNASDAQ: GRABHubSpotNYSE: HUBSMongoDBNASDAQ: MDBOktaNasdaq: OKTARobloxNYSE: RBLXSnowflakeNYSE: SNOWSoFiNASDAQ: SOFITwilioNYSE: TWLOUberNYSE: UBERUnity TechnologiesNYSE: UVroomNASDAQ: VRMZillowNASDAQ: Z

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 2

as of Dec 2025
FundVintageCommittedNet IRRTVPIDPI
Altimeter Growth Partners Fund V, L.P.LPs: Texas Municipal Retirement System——4.0%1.19x—
Altimeter Growth Partners Fund VI, L.P.LPs: Texas Municipal Retirement System, Michael and Susan Dell Foundation——14.7%1.49x0.01x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Altimeter Capital made?
Altimeter Capital has 110 tracked investments, 25 of which have exited, including 33 dated in the last 24 months.
What stage does Altimeter Capital invest at?
Altimeter Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Altimeter Capital's typical check size?
Altimeter Capital typically writes checks of $1M – $25M.
What sectors does Altimeter Capital focus on?
Altimeter Capital focuses on AI & Machine Learning, Cloud Computing, Enterprise Software, Fintech, SaaS, Sector Agnostic.
Where is Altimeter Capital located?
Altimeter Capital is headquartered in Menlo Park, US.
Does Altimeter Capital lead rounds?
Yes, Altimeter Capital leads investment rounds.
Who does Altimeter Capital co-invest with?
Altimeter Capital most often shares deals with Coatue Management, Franklin Templeton, Battery Ventures, among 28 tracked co-investors.

Media · Podcasts & interviews

featuring the team

"Who is behind all this negativity" on AI, says Altimeter Capital's Brad Gerstner

CNBC Television · Brad Gerstner

Watch CNBC's full interview with Altimeter Capital's Pauline Yang

Pauline Yang · cnbc.com

'We're still very early in the super cycle,' says Altimeter Capital's Brad Gerstner

CNBC Television · Brad Gerstner

Watch CNBC's full interview with Altimeter Capital founder and CEO Brad Gerstner

Brad Gerstner · cnbc.com

Altimeter Capital CEO Brad Gerstner on AI trade: I happen to think volatility is good

CNBC Television · Brad Gerstner

Altimeter Capital CEO Brad Gerstner on Sam Altman comments: Trajectory is on pace for $100B revenue

CNBC Television · Brad Gerstner

Co-investors · 72

Tiger Global Management

Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.

$1M – $100M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm that backs founders from Seed through Series F and beyond, emphasizing deep, immersive partnerships with the companies it invests in.

$1M – $5M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Redpoint Ventures

Since 1999, Redpoint Ventures has partnered with visionary founders to create new markets and redefine existing ones. The firm invests early in startups building category-defining companies, from AI and infrastructure to security. Redpoint has backed hundreds of companies, including Netflix, Snowflake, Stripe, Ramp, Twilio, Ramp, and Hims, and today backs the next generation of AI leaders like OpenAI, Legora, Modal, Abridge and Physical Intelligence. Redpoint is based in San Francisco and has offices in New York City and Woodside. For more information visit: http://www.redpoint.com/

$100K – $10M
Index Ventures

Index Ventures is a venture capital firm that backs founders across industries and geographies, emphasizing the people behind ideas as much as the businesses themselves.

$540K – $10.8M
Benchmark

Benchmark is a venture capital firm with offices in San Francisco and Woodside that invests in early-stage startups.

$100K – $15M
Bond Capital Management

Bond is a venture capital fund spun out from Kleiner Perkins that combines Mary Meeker's famous multi-hundred-page "Trends" reports with late-stage investing, positioning itself as both a macro research house and capital provider for category-defining Internet and software businesses. The fund operates with a small, senior-heavy partnership that blends operators and growth investors, focusing on companies that have already proven product-market fit and helping them architect global expansion and IPO readiness.

$100K – $25M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in AI and machine learning since its early days, backing more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
▶60 more co-investors

Salesforce VenturesIVP (Institutional Venture Partners)Thrive CapitalGreylock PartnersBattery VenturesTCVCraft VenturesMadrona Venture GroupSutter Hill VenturesValor Equity PartnersB Capital GroupSapphire VenturesSoftBank Vision FundAdditionCiti VenturesGreenoaksBessemer Venture PartnersLead Edge CapitalAmerican Express Ventures (Amex)Bain Capital VenturesFirst Round CapitalFirstMark CapitalContraryUnion Square Ventures (USV)01 AdvisorsHanabi CapitalOperator CollectiveWork-BenchTorch CapitalSmash CapitalTrust VenturesRebel FundThe MBA FundFounder CollectiveForerunner VenturesFifth WallAfore CapitalAcrew CapitalAbstract VenturesHarrison MetalWEEKEND75 & SunnyBallistic VenturesPlayground Global305 VenturesFirsthandVCBryant StibelThayer VenturesPortal VenturesKrakenGreat Oaks Venture CapitalC2 InvestmentsAccel-KKRBonfire VenturesPelion Venture PartnersUpside PartnershipMontage VenturesElectric AntAllerfund Ventures, LlcBoosted Commerce

Firms observed investing alongside Altimeter Capital, from public investor directories. Shared companies are the overlap with Altimeter Capital's recorded portfolio.

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