AltX

San Francisco, United States Founded: 2012 • Age: 14 yrs Acquired By Addepar
Data analytics and monitoring are offered for hedge fund investments.
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About AltX

AltX is a company based in San Francisco (United States) founded in 2012 was acquired by Addepar in May 2017.. AltX has raised $24.19 million across 3 funding rounds from investors including Addepar and David Bonderman. AltX offers products and services including AltX Platform and Workflow Tool. AltX operates in a competitive market with competitors including AlphaSense, Yodlee, Zero2IPO Group, Uzabase and Canalyst, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altx, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24.19 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.94 M (USD), Series B

    Sep 13, 2016

  • Investors
    Addepar

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Addepar

    (May 17, 2017)

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Products & Services of AltX

AltX offers a comprehensive portfolio of products and services, including AltX Platform and Workflow Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for synthesizing data and providing hedge fund insights.

Tool for sales and investing in hedge fund markets.

Funding Insights of AltX

AltX has successfully raised a total of $24.19M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.94 million completed in September 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $3.9M
  • First Round

    (27 Oct 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2016 Amount Series B - AltX Valuation

investors

Sep, 2015 Amount Series B - AltX Valuation

investors

Oct, 2014 Amount Series B - AltX Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AltX

AltX has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Addepar and David Bonderman. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Wealth management solutions are delivered for investment advisors.
Founded Year Domain Location

David Bonderman

American billionaire, TPG Capital co-founder, active investor in Indian startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AltX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AltX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altx Comparisons

Employees
+
Add Comparison
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Competitors of AltX

AltX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AlphaSense, Yodlee, Zero2IPO Group, Uzabase and Canalyst, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-powered market intelligence and search platform is operated.
domain founded_year HQ Location
Cloud-based data aggregation and analytics for financial institutions are offered.
domain founded_year HQ Location
Financial database platform for venture capital and private equity funds
domain founded_year HQ Location
App-based database for industry and public company data is maintained.
domain founded_year HQ Location
Canadian company filings are organized into downloadable Excel models.
domain founded_year HQ Location
AI-powered investment research and analytics are delivered via cloud platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altx

Frequently Asked Questions about AltX

When was AltX founded?

AltX was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is AltX located?

AltX is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is AltX a funded company?

AltX is a funded company, having raised a total of $24.19M across 3 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Oct 27, 2014.

What does AltX do?

AltX was founded in 2012 in San Francisco, United States, as a platform in the fintech sector focused on hedge fund investments. Automated matching tools are provided to connect hedge funds and investors, utilizing machine learning, proprietary algorithms, behavioral science, relationship mapping, and traditional analytics. Market insights are generated to support investment decisions, with operations centered in the financial services industry.

Who are the top competitors of AltX?

AltX's top competitors include AlphaSense, Zero2IPO Group and Yodlee.

What products or services does AltX offer?

AltX offers AltX Platform and Workflow Tool.

Who are AltX's investors?

AltX has 2 investors. Key investors include Addepar, and David Bonderman.

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