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Alter Global

North America, California, United States, San Francisco

Description

Alter Global is a San Francisco-based early-stage venture capital firm dedicated to investing in high-growth technology companies across emerging markets globally. Founded with the mission to bridge the capital and knowledge gap, the firm focuses on supporting founders who are building transformative solutions in regions often underserved by traditional venture capital. Their investment thesis centers on identifying exceptional talent and providing not just financial capital, but also strategic guidance and access to a global network of expertise.

The firm employs a "talent-first" approach, actively seeking out entrepreneurs with deep local insights and ambitious visions. Alter Global typically invests in Seed to Series A rounds, with initial check sizes generally ranging from $100,000 to $1,000,000. They are known for co-investing alongside leading global VCs, leveraging syndication to provide more substantial capital and broader support to their portfolio companies. Geographically, Alter Global has a strong presence and focus across Africa, Latin America, Southeast Asia, and the Middle East, demonstrating a commitment to diverse and rapidly evolving tech ecosystems.

Since its inception, Alter Global has made a significant impact on the emerging markets startup landscape. As of recent reports, the firm has invested in over 40 companies across more than 15 countries, deploying over $20 million in capital across its various funds. Their portfolio includes notable companies such as MaxAB, Trella, Instabug, Nomba, and Okra, many of which have gone on to raise substantial follow-on funding from prominent international investors. Beyond capital, Alter Global provides operational support, talent acquisition assistance, and strategic mentorship, aiming to accelerate the growth and global competitiveness of its portfolio ventures.

Investor Profile

Alter Global has backed more than 42 startups, with 3 new investments in the last 12 months alone. The firm has led 2 rounds, about 5% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Brazil, Indonesia, Pakistan.
  • Strong thematic focus on E-Commerce, Financial Services, FinTech.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (38%)
  • Series A (21%)
  • Pre Seed (19%)
  • Series B (17%)
  • Series Unknown (5%)

Country Focus

  • Brazil (19%)
  • Indonesia (17%)
  • Pakistan (14%)
  • Mexico (7%)
  • Argentina (7%)
  • Egypt (5%)
  • Spain (5%)
  • United States (5%)
  • Nigeria (5%)
  • Colombia (5%)

Industry Focus

  • E-commerce
  • Financial Services
  • Fintech
  • Marketplace
  • Information Technology
  • B2b
  • Credit Cards
  • Finance
  • Payments
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Alter Global frequently co-invest with?

Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 5
monashees
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 7
AC Ventures
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 4
10K Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Citius
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 5
DST Global
Europe, England, United Kingdom, London
Co-Investments: 4
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 5
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
January Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Indus Valley Capital
Asia, Sindh, Pakistan, Karachi
Co-Investments: 5

Which angels does Alter Global often collaborate with?

SB
North America, California, United States
Shared Deals: 1
Sajid Rahman
Asia, Jakarta Raya, Indonesia, Jakarta
Shared Deals: 1
Claire Diaz-Ortiz
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
RJ
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Shared Deals: 1
ES
North America, California, United States, San Francisco
Shared Deals: 1
Babs Ogundeyi
Africa, Lagos, Nigeria, Yaba
Shared Deals: 1
SK
North America, California, United States, San Francisco
Shared Deals: 1
RC
North America, District of Columbia, United States, Washington
Shared Deals: 1
Guilherme Bonifacio
South America, Sao Paulo, Brazil
Shared Deals: 1

What are some of recent deals done by Alter Global?

Fuse Financial Technologies

Dubai, Dubai, United Arab Emirates

Fuse builds financial infrastructure in the Middle East on MENA's first developer-focused banking stack.

FinanceFinancial ServicesFinTech
SeedApr 3, 2025
Amount Raised: $6,600,000
Divibank

São Paulo, Sao Paulo, Brazil

Divibank is a financing platform offering businesses access to growth capital.

BankingFinancial Services
Series UnknownApr 2, 2025
Amount Raised: $8,200,000
Jota

São Paulo, Sao Paulo, Brazil

Jota is an AI-Powered Conversational platform that automates finances.

Artificial Intelligence (AI)Financial ServicesFinTech
SeedJan 24, 2025
Amount Raised: $5,700,000

Aidatify uses proprietary AI model training technology to capture and accurately analyze data, with a focus on the blockchain sector.

Artificial Intelligence (AI)Information Technology
SeedJul 12, 2024
Amount Raised: $8,300,000
Zone

Lekki, Lagos, Nigeria

Zone is a regulated blockchain network that enables payments and acceptance of digital currencies.

BlockchainCryptocurrencyInternetMobile PaymentsPayments
SeedMar 18, 2024
Amount Raised: $8,500,000
Pomelo

Buenos Aires, Distrito Federal, Argentina

Pomelo develops a digital processing platform to provide personalized virtual accounts and cards through APIs and dashboards.

Credit CardsFinancial ServicesFinTechInformation Technology
Series BJan 17, 2024
Amount Raised: $40,000,000
Amenli

Cairo, Al Qahirah, Egypt

Amenli is the first licensed online insurance broker in Egypt.

Insurance
SeedOct 9, 2023
Amount Raised: $1,000,000
Nestcoin

Tórtola, Castilla-La Mancha, Spain

Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.

CryptocurrencyInformation TechnologyWeb3
SeedSep 7, 2023
Amount Raised: $1,900,000
Clara

São Paulo, Sao Paulo, Brazil

Clara is a LatAm business credit card, payment solution, and expense tracking platform.

BillingCredit CardsEnterprise SoftwareFinanceFinancial ServicesFinTechPaymentsSoftware
Series BApr 27, 2023
Amount Raised: $60,000,000
Maqsad

Karachi, Sindh, Pakistan

Maqsad is a edtech firm.

E-Learning
SeedMar 15, 2023
Amount Raised: $2,800,000