AltaIR Capital
American venture capital company
From Wikipedia, the free encyclopedia
AltaIR Capital, is an American venture capital company that was founded by Igor Ryabenkiy, a seasoned serial angel investor.[1][2][3][4]
| Company type | Limited partnership |
|---|---|
| Industry | Venture capital / private equity |
| Founder | Igor Ryabenkiy |
| Headquarters | , |
Area served | North America, Europe, Israel |
| Services | venture capital |
| Website | www |
As of 2021[update], the company had assets totaling $600M under management and had invested in 300+ tech startups, working in Productivity Tools, Fintech, InsureTech, Future of Work, Digital health.[5][6][7][8]
History
Funds
AltaIR Capital Fund I began in 2012 with $20M in capital backing. The fund invested in the pre-seed and seed stages of SaaS, FinTech, HealthTech, InsureTech, and D2C products and marketplaces.[10][11]
In 2014 AltaIR Capital Fund II was founded with $100 million to support startups in their pre-seed and Series A rounds.[12]
Launched in 2019 with $200M in capital, AltaIR Capital Fund III, continues focusing on Productivity Tools, FinTech, InsureTech, Future of Work, Digital Health.[10]
In March 2021 AltaIR Capital launched the AltaIR ABO for 300 million. The entity works as an opportunity investor for late stage projects.[13][14][15]
In 2022 AltaIR Capital sponsored the Support Ukrainian Startups NOW program launched by the FREE Ukraine Foundation and the Ukrainian Venture Capital and Private Equity Association (UVCA).[16]
Investments and exits
AltaIR Capital has invested in over 350 startups in early and growing stages.[17][18][19][20][21]
Among them are unicorns in the early stages:
- Miro (online platform for visual collaboration)[22][23]
- Deel (privately held payroll and compliance provider)[24][25][26]
- PandaDoc (software company that provides SaaS software)[27][26]
- OpenWeb (social engagement platform)[28][29][30]
- Turing (service for evaluating the competence of IT professionals, recruiting them, and grouping them into remote teams)[31]
Other invested startups:
- Verbit AI (provider of cloud and AI-based natural language processing platform to develop speech recognition applications)[32]
- Sunbit (is a «buy now pay later» technology of local service providers and retailers)[33]
- Jeeves (fintech company that focuses on expense management and payments)[34]
- Babylist (marketplace and commerce destination for baby)[35]
- Lilibank (a startup building banking products)[36]
- EquityBee (an online platform for helping startup employees exercise their stock options and receive pre-IPO shares)[37]
- Squire (a small business management platform serving the men's grooming segment)[38]
- Respond.io (an AI-powered business messaging platform founded by Gerardo Salandra)[39]
AltaIR Capital has completed multiple successful returns. These include:[40][18]
- FlexEngage (a service that helps retailers personalize the post-purchase period)[41]
- Gurushots (photography game)[42][43]
- Klear (social intelligence platform)[44]
- This is L (social enterprise and public-benefit corporation that makes organic personal care products)[45]
- Unomy (sales & marketing intelligence platform)[46]
- Hometalk (online DIY publisher)[47]
Awards and recognition
In 2016, CB Insight recognized AltaIR Capital as the most active venture capital investor in Delaware.[48]
In 2019, and 2022 PitchBook Data ranked AltaIR Capital No. 2 among the most active VCs in the Israeli market.[34]
In 2025, AltaIR Capital was ranked among the Top 2.5% venture capital firms in EMEA by Dealroom as part of its Power Law Investor Ranking, which evaluates over 22,000 investors based on portfolio outcomes.[49]