Altira Group
Description
Altira Group is a distinguished private equity and venture capital firm based in Denver, Colorado, with a specialized focus on the oil and gas technology and services sector. Established in 1996, the firm has built a reputation for identifying and scaling innovative companies that deliver significant value to the energy industry. Altira's investment thesis centers on supporting businesses that offer solutions to enhance efficiency, reduce costs, improve safety, and mitigate environmental impact within the upstream, midstream, and downstream segments of the oil and gas value chain. They typically target growth-stage companies with proven technologies and established revenue streams, rather than early-stage startups.
The firm's approach is highly collaborative, often leveraging its deep industry network and operational expertise to help portfolio companies accelerate their growth and market penetration. Altira is known for taking an active role in its investments, providing strategic guidance and connecting companies with key industry players and potential customers. Their portfolio includes companies involved in areas such as advanced drilling technologies, data analytics, software solutions, and specialized equipment and services for exploration and production, demonstrating their broad yet focused expertise within the energy tech landscape.
Altira Group manages substantial capital, with its latest fund, Altira Group VIII, closing at $250 million. This significant capital base enables them to make meaningful investments in their target companies. While specific check sizes can vary depending on the opportunity and stage, Altira typically provides initial growth capital ranging from approximately $10 million to $50 million. This allows them to support companies through critical expansion phases, including product development, market expansion, and strategic acquisitions. Their long-standing presence and consistent fundraising success underscore their commitment and expertise within the niche energy technology investment landscape.
Investor Profile
Altira Group has backed more than 40 startups, with 4 new investments in the last 12 months alone. The firm has led 14 rounds, about 35% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, Sweden.
- Strong thematic focus on Software, Energy, Renewable Energy.
- Led 2 rounds in the past year.
- Typical check size: $10M – $50M.
Stage Focus
- Series A (28%)
- Series B (23%)
- Series Unknown (18%)
- Series C (13%)
- Series D (8%)
- Post Ipo Equity (5%)
- Private Equity (5%)
- Seed (3%)
Country Focus
- United States (95%)
- Canada (3%)
- Sweden (3%)
Industry Focus
- Software
- Energy
- Renewable Energy
- Analytics
- Manufacturing
- Industrial
- Hardware
- Commercial
- Internet Of Things
- Telecommunications
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.
