
Altos Ventures
Description
Altos Ventures is a prominent venture capital firm headquartered in Menlo Park, California, established in 1996. With a robust portfolio and a long-standing presence in the technology investment landscape, the firm operates as a registered investment advisor managing over $8 billion in regulated assets. Altos is distinguished by its patient, long-term investment philosophy, often partnering with companies for a decade or more, focusing on sustained growth rather than quick exits. This approach allows them to support founders through multiple stages of development, fostering deep relationships and providing enduring strategic guidance.
The firm primarily targets technology companies, with a strong emphasis on software, internet services, and mobile platforms. While they engage across various stages, from Series A and B to later-stage growth equity rounds, their strategy is characterized by providing significant capital to accelerate expansion. Altos Ventures is known for its flexibility in investment size, with initial investments typically ranging from $5 million for earlier growth opportunities up to $50 million for more mature, scaling businesses. Their commitment extends beyond capital, offering operational expertise and access to a vast network to help portfolio companies navigate complex market dynamics and achieve global reach.
Altos Ventures boasts a diverse and successful track record, having invested in hundreds of companies globally. Notable past and present portfolio companies include industry giants like Roblox, the online gaming platform, and Coupang, a leading e-commerce company in South Korea. Their global perspective and willingness to invest in both established and emerging markets underscore their adaptability and foresight in identifying high-potential ventures. The firm's enduring presence since its founding in 1996 highlights its consistent ability to identify and nurture transformative technology businesses, making it a key player in the venture capital ecosystem.
Investor Profile
Altos Ventures has backed more than 374 startups, with 21 new investments in the last 12 months alone. The firm has led 126 rounds, about 34% of its total and boasts 43 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 South Korea, United States, Canada.
- Strong thematic focus on Software, FinTech, SaaS.
- Led 12 rounds in the past year.
- Typical check size: $5M – $50M.
Stage Focus
- Series A (27%)
- Series B (22%)
- Series Unknown (17%)
- Series C (14%)
- Seed (6%)
- Series D (6%)
- Series E (2%)
- Series F (1%)
- Series G (1%)
- Pre Seed (1%)
Country Focus
- South Korea (47%)
- United States (42%)
- Canada (2%)
- Indonesia (2%)
- Mexico (1%)
- United Kingdom (1%)
- Japan (1%)
- United Arab Emirates (1%)
- New Zealand (1%)
- Singapore (1%)
Industry Focus
- Software
- Fintech
- Saas
- Financial Services
- E-commerce
- Internet
- Information Technology
- Analytics
- Advertising
- Marketplace
Frequently Asked Questions
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