Altair Capital Explained

AltaIR Capital
Type:Limited partnership
Industry:Venture capital / private equity
Founder:Igor Ryabenkiy
Location City:San Francisco
Location Country:United States
Area Served:North America, Europe, Israel
Services:venture capital

AltaIR Capital, is an American venture capital company that was founded by Igor Ryabenkiy, a seasoned serial angel investor.[1] [2] [3] [4]

, the company had assets totaling $600M under management and had invested in 300+ tech startups, working in Productivity Tools, Fintech, InsureTech, Future of Work, Digital health.[5] [6] [7] [8]

History

Igor Ryabenkiy founded AltaIR Capital in 2005.

In 2015, Ryabenkiy created AltaClub, a business angel club. AltaClub's portfolio was $120 million in 2020 and has grown to $650 million in 2021.[9]

Funds

AltaIR Capital Fund I began in 2012 with $20M in capital backing. The fund invested in the pre-seed and seed stages of SaaS, FinTech, HealthTech, InsureTech, and D2C products and marketplaces.[10] [11]

In 2014 AltaIR Capital Fund II was founded with $100 million to support startups in their pre-seed and Series A rounds.[12]

Launched in 2019 with $200M in capital, AltaIR Capital Fund III, continues focusing on Productivity Tools, FinTech, InsureTech, Future of Work, Digital Health.

In March 2021 AltaIR Capital launched the AltaIR ABO for 300 million. The entity works as an opportunity investor for late stage projects.[13] [14] [15]

In 2022 AltaIR Capital sponsored the Support Ukrainian Startups NOW program launched by the FREE Ukraine Foundation and the Ukrainian Venture Capital and Private Equity Association (UVCA).[16]

Investments and exits

AltaIR Capital has invested in over 350 startups in early and growing stages.[17] [18] [19] [20] [21]

Among them are unicorns in the early stages:

Other invested startups:

Altair Capital has completed multiple successful returns. These include:[39] [18]

Awards and recognition

In 2016, CB Insight recognized Altair Capital as the most active venture capital investor in Delaware.[47]

In 2019, and 2022 PitchBook Data ranked Altair Capital No. 2 among the most active VCs in the Israeli market.

Notes and References

  1. Web site: Igor Ryabenkiy. en. Forbes. 2023-05-16.
  2. Web site: AltaIR Capital Investor Profile: Portfolio & Exits. en. pitchbook.com. Pitchbook. 2023-05-16.
  3. Web site: AltaIR Capital raises $30m for Israel investment – Globes. en. globes.co.il. Globes. April 20, 2015. 2023-05-16.
  4. Web site: AltaIR Capital. en. bloomberg.com. Bloomberg. 2023-05-16.
  5. Web site: A female-led waste management platform from California has raised $8M to scale an innovative approach to the refuse problems of U.S. businesses. en. prnewswire.com. Prnewswire. October 5, 2022. 2023-05-16.
  6. Web site: Israel's Top 14 Venture Capital Firms [2023]]. en. sharpsheets.io. Sharpsheets. March 14, 2022. 2023-05-17.
  7. Web site: Trash Warrior plans for growth with $8M investment. en. wastetodaymagazine.com. Waste Today Magazine. October 20, 2022. 2023-05-17.
  8. Web site: VC Voices Altair’s Ryabenkiy on AI & being customer centric. en. unleash.ai. Unleash. August 24, 2023. 2023-10-02.
  9. Web site: СЕО AltaClub: "Самые успешные экзиты те, которые еще не случились" – Inc. Russia. ru. incrussia.ru. Incrussia. August 24, 2023. 2023-10-02.
  10. Web site: Altair Capital targets $200 million to launch third fund. en. ewdn.com. Ewdn. December 9, 2019. 2023-05-16.
  11. Web site: Altair Capital targets $200mn to launch third fund targeting Russian-speaking countries. en. intellinews.com. IntelliNews. December 19, 2019. 2023-05-16.
  12. Web site: Мовчан, Андрей. "Большие деньги сейчас сюда не ходят": Игорь Рябенький о молодых бизнесменах и будущих проблемах. ru. forbes.ru. November 11, 2019. 2023-05-16.
  13. Web site: Скобелев,Владислав. Инвестор Carprice и Profi.ru запустил фонд на $300 млн для ИТ-компаний. ru. rbc.ru. РБК. March 22, 2021. 2023-05-16.
  14. Web site: Игорь Рябенький запускает фонд на $300 млн для инвестиций в стартапы на поздней стадии. ru. incrussia.ru. Incrussia. March 22, 2021. 2023-05-16.
  15. Web site: AltaIR ABO, $300M and late stage startups: Igor Ryabenkiy's fifth, anniversary, fund AltaIR Capital. en. startupjedi.vc. Startupjedi. 2023-05-16.
  16. Web site: How tech investors and entrepreneurs are rescuing startup teams hit by the war. en. uadn.net. UADN. March 30, 2022. 2023-05-16.
  17. Web site: AltaIR Capital Investor Profile: Portfolio & Exits. en. pitchbook.com. Pitchbook. 2023-05-16.
  18. Web site: Altair Capital – Investments, Portfolio & Exits. en. tracxn.com. Tracxn. 2023-05-16.
  19. Web site: AltaIR Capital's plans for 2022. en. altair.vc. Altair. 2023-05-16.
  20. Web site: 14 Best VC Firms In Israel [2023] – Starter Story]. en. starterstory.com. Starter Story. December 26, 2021. 2023-05-16.
  21. Web site: Altair Capital. en. unicorn-nest.com. Unicorn Nest. December 26, 2021. 2023-05-16.
  22. Web site: Accel и AltaIR Capital инвестировали в пермский стартап $25 млн. ru. perm.rbc.ru. РБК. November 9, 2018. 2023-05-16.
  23. Web site: The Venture Capital Market in a Pandemic: Realities of Time and Future Prospects. en. FINANCE: THEORY AND PRACTICE. December 26, 2021. 2023-05-16.
  24. Web site: Стартап Deel привлек $425 млн при оценке $5,5 млрд – он помогает нанимать людей со всего мира. Как компания связана с Украиной. ru. forbes.ua. October 19, 2021. 2023-05-16.
  25. Web site: Professional Networking Braces for a Tectonic Shift in 2023. Meet the Disruptors.. en. finance.yahoo.com. Finance Yahoo. December 28, 2022. 2023-05-16.
  26. Web site: Igor Ryabenkiy: “A Europa tenim una tolerància molt baixa al fracàs”. en. elmon.cat. Mon Economia. July 29, 2023. 2023-10-02.
  27. Web site: AltaIR Capital collects $20 mln for startup fund. en. venturecapitaljournal.com. Venture Capital Journal. October 26, 2015. 2023-05-16.
  28. Web site: OpenWeb Raises $150 Million In Series E To Improve Online Conversations, Support Cookieless Web. en. prnewswire.com. PR Newswire. November 9, 2021. 2023-05-16.
  29. Web site: Top 10 Startups in New York City. en. basetemplates.com. Basetemplates. 2023-05-16.
  30. Web site: VP, Business Development at OpenWeb. en. builtinnyc.com. Built in NYC. 2022-11-22.
  31. Web site: Turing books $87M at a $1.1B valuation to help source, hire and manage engineers remotely. en. techcrunch.com. Techcrunch. December 20, 2021. 2023-05-16.
  32. Web site: Verbit Company Profile: Valuation & Investors. en. pitchbook.com. Pitchbook. 2023-05-16.
  33. Web site: Fintech company Sunbit raises $130 million at $1.1 billion valuation. calcalistech.com. Calcalistech. May 20, 2021. 2023-05-16.
  34. Web site: The 10 most active Israeli VCs. en. pitchbook.com. Pitchbook. May 6, 2022. 2023-05-16.
  35. Web site: BabyList Raises $620K in Seed Funding. en. finsmes.com. Finsmes. July 1, 2013. 2023-05-16.
  36. Web site: Fintech startup Lili raises $55 million series B. calcalistech.com. Calcalistech. May 11, 2021. 2023-05-16.
  37. News: EquityBee Raises Additional $55 Million From Repeat Investor Group 11. en. Bloomberg. September 29, 2021. 2023-05-16.
  38. Web site: Squire Secures $8M in Series A Funding. en. finsmes.com. Finsmes. June 25, 2019. 2023-05-16.
  39. Web site: Portfolio. en. altair.vc. Altair. 2023-05-16.
  40. Web site: FlexEngage, Inc. announced that it has received $6 million in funding from a group of investors. en. marketscreener.com. Marketscreener. December 18, 2019. 2023-05-16.
  41. Web site: Gamified Photo-Sharing Startup GuruShots Raises $5 Million – CTech. calcalistech.com. Calcalistech. March 26, 2019. 2023-05-16.
  42. Web site: AltaIR Capital Portfolio Investments, AltaIR Capital Funds, AltaIR Capital Exits. en. cbinsights.com. Cbinsights. 2023-05-16.
  43. Web site: AltaIR Capital collects $20 mln for startup fund. en. venturecapitaljournal.com. Venture Capital journal. October 26, 2015. 2023-05-16.
  44. Web site: "В США стартап может не думать о мире, в России это сильный риск": Игорь Рябенький из AltaIR Capital о работе инвестора — Финансы на vc.ru. vc.ru. VC. November 25, 2019. 2023-05-16.
  45. Web site: WeWork acquires Israeli startup Unomy to boost its enterprise sales efforts. en. techcrunch.com. Techcrunch. August 11, 2017. 2023-05-16.
  46. Web site: Hometalk raises $15M to grow its DIY community. en. techcrunch.com. Techcrunch. April 3, 2019. 2023-05-16.
  47. Web site: The Most Active VC Firms in Each State. en. tech.co. Tech. June 1, 2016. 2023-05-16.

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