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Altos Ventures

North America, California, United States, Menlo Park

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
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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 Altos Ventures frequently co-invest with?

Korea Development Bank
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 12
SBVA
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 20
Smilegate Investment
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 11
IMM Investment
Asia, Cholla-namdo, South Korea, Kangnam
Co-Investments: 15
BonAngels Venture Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 9
Greenspring Associates
North America, Maryland, United States, Owings Mills
Co-Investments: 9
Kakao Ventures
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 10
Silverton Partners
North America, Texas, United States, Austin
Co-Investments: 13
Thomvest Ventures
North America, California, United States, San Francisco
Co-Investments: 9
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 20

Which angels does Altos Ventures often collaborate with?

Bryan Pellegrino
North America, British Columbia, Canada, Vancouver
Shared Deals: 1
MM
North America, California, United States
Shared Deals: 1
Mark Ritson
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
Bree Johnson
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
LR
North America, United States
Shared Deals: 1
LS
North America, New York, United States, New York
Shared Deals: 2
TB
North America, California, United States, San Francisco
Shared Deals: 1
ZY
North America, California, United States
Shared Deals: 1
BH
North America, California, United States, Palo Alto
Shared Deals: 1
PC
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Altos Ventures?

Quartr

Stockholm, Stockholms Lan, Sweden

Quartr is a software company. Our product suite consists of our free mobile application, and a web application built for professionals.

Financial Services
Series UnknownJul 28, 2025
Amount Raised: $10,000,000
Biplant

Seoul, Seoul-t'ukpyolsi, South Korea

Biplant is a company that grew based on the curation commerce.

E-CommerceMeat and PoultrySales
Series AJul 22, 2025
Amount Raised: $5,044,481
Memebox

San Francisco, California, United States

Memebox is a consumer company that provides customers with the Asian beauty products, culture, and trends.

BeautyConsumer GoodsCosmeticsE-Commerce
Convertible NoteJul 9, 2025
Amount Raised: $6,500,000
Tracksuit

Auckland, Auckland, New Zealand

Tracksuit is the beautiful, always-on and radically affordable way for companies to measure, understand and communicate the value of brand.

Brand MarketingMarket ResearchSaaSSoftware
Series BJun 11, 2025
Amount Raised: $25,350,853
Donut

New York, New York, United States

Donut is the first crypto agentic browser that uses the finest crypto in-domain model and a swarm of browsing agents.

Pre SeedMay 29, 2025
Amount Raised: $7,000,000
Salsa

San Francisco, California, United States

Salsa offers a payroll infrastructure platform that allows businesses to lauch embedded payroll products quickly and efficiently.

Developer APIsEmbedded SoftwareFinTechSoftware
Series AApr 22, 2025
Amount Raised: $20,000,000
OnlinePajak

Jakarta, Jakarta Raya, Indonesia

OnlinePajak simplifies the entire tax reporting process with instant, hassle-free, and secure online tax management technology.

FinTechInformation ServicesInformation Technology
Series UnknownApr 17, 2025
Amount Raised: $2,800,000
Populix

Jakarta, Jakarta Raya, Indonesia

A consumer insights platform that connects businesses with readily accessible high qualified respondents

Big DataDatabaseEnterprise SoftwareMarket ResearchSaaS
Series BApr 15, 2025
Amount Raised: $4,300,000
BHSN

Seoul, Seoul-t'ukpyolsi, South Korea

BHSN is a legal AI system that understands worldwide rules and improves existing businesses.

Artificial Intelligence (AI)
Series BMar 27, 2025
Amount Raised: $6,827,898
Clutch

Toronto, Ontario, Canada

Clutch is an online used vehicle retailer that enables customers to browse and purchase from a wide selection of pre-owned vehicles.

AutomotiveE-CommerceRetail
Series DFeb 11, 2025
Amount Raised: $34,876,308