Altimeter Capital

Venture Capital

Technology-focused investment firm founded by Brad Gerstner.

Profile

Headquarters
Menlo Park, US
Investments
31
Companies
17

Capital

Total Deployed
$63.6B
Lead Rounds
8

Portfolio

17 companies
OpenAI $167.9B
Private San Francisco, US

AI research company building artificial general intelligence, creator of ChatGPT, GPT-4, DALL-E, and the OpenAI API platform.

Anduril Industries $6.3B
Private Costa Mesa, United States

Anduril Industries is a defense technology company building autonomous systems, AI software, and sensor hardware for military and national security applications. Founded by Oculus VR creator Palmer Luckey and former Palantir employees, the company builds products including autonomous drones, surveillance towers, underwater vehicles, and the Lattice AI platform that integrates sensors and effectors into a unified command-and-control system.

Ramp $2.3B
Private New York, US

Corporate card and spend management platform that helps businesses save money on expenses. Combines corporate cards with software for expense management, bill payments, accounting automation, and procurement. Known for its rapid growth, reaching $100M ARR in under 3 years.

Checkout.com $1.8B
Private London, GB

Global payments platform enabling businesses to accept payments online and in-app, providing a unified API for card processing, local payment methods, fraud detection, and payouts across 150+ currencies.

Snowflake $1.6B
Public Bozeman, US

Cloud-based data warehousing company providing a platform for data storage, processing, and analytics that runs on AWS, Azure, and Google Cloud, enabling organizations to consolidate data into a single source of truth.

Plaid $1.3B
Private San Francisco, US

Fintech infrastructure company that builds data connectivity tools to power the apps in people's financial lives, providing APIs to connect applications with users' bank accounts.

Base Power Company $1.3B
Private Austin, Texas, United States

Austin-based energy technology startup that manufactures, installs, owns, and operates residential battery storage systems to provide homes with affordable, reliable backup power. The company operates as both a licensed electricity provider and a virtual power plant, pooling thousands of home batteries into a distributed energy network that strengthens the grid.

ClickHouse $1.1B
Private San Francisco, US

Open-source columnar database management system designed for real-time analytics and AI workloads. Originally developed at Yandex and open-sourced in 2016, it became an independent company in 2021.

Deel $979M
Private San Francisco, US

Global HR and payroll platform that enables companies to hire, pay, and manage workers and contractors in over 150 countries, handling compliance, taxes, and benefits.

Roblox $920M
Public San Mateo, United States

Roblox is a global online platform that allows users to create, share, and play immersive 3D experiences built by its community of developers. The platform serves as both a game engine and a social network, with tens of millions of daily active users.

GitLab $434M
Public San Francisco, US

Open-core DevSecOps platform delivered as a single application for the entire software development lifecycle, from planning and source code management to CI/CD, security, and monitoring.

dbt Labs $416M
Private Philadelphia, United States

dbt Labs is the company behind dbt (data build tool), an open-source analytics engineering framework that enables data teams to transform data in their warehouses using SQL. Originally founded as Fishtown Analytics, the company signed a definitive agreement to merge with Fivetran in October 2025 in an all-stock deal, creating a combined data infrastructure company approaching $600M in ARR.

Starburst $414M
Private Boston, United States

Starburst is the commercial company behind Trino (formerly PrestoSQL), the open-source distributed SQL query engine. The platform provides a data lakehouse analytics layer that lets enterprises query data across any source without requiring data movement or migration.

Benchling $412M
Private San Francisco, US

Benchling is a cloud-based life sciences R&D platform that helps biotech and pharmaceutical companies manage experiments, track data, and accelerate research and development. The platform replaces physical lab notebooks and spreadsheets with collaborative, AI-ready digital tools used by over 1,200 customers worldwide.

Twilio $233M
Public San Francisco, United States

Cloud communications platform that provides programmable APIs for voice, SMS, video, and email, enabling developers to embed communication capabilities directly into their applications. Twilio powers customer engagement for hundreds of thousands of businesses worldwide.

Okta $229M
Public San Francisco, United States

Okta is an identity and access management platform that provides cloud-based solutions for securely connecting people to technology. The company offers single sign-on, multi-factor authentication, and lifecycle management for enterprises and developers.

MotherDuck $100M
Private Seattle, United States

MotherDuck is a serverless cloud data warehouse built on the open-source DuckDB database. The platform combines the speed and simplicity of local analytics with the scalability of the cloud, enabling data teams to query data without managing infrastructure.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.