Altaeros

Somerville, MA · Founded 2010 · Privately Held (backing)

Provider of autonomous aerostats and support services intended to connect rural areas with mobile broadband. Altaeros is based in Somerville, MA and was founded in 2010. It was valued at $102 million at its later-stage round in Nov 2021, the last priced event on record. It has raised $93.9 million across 2 recorded rounds; the latest was a $3.8 million seed round in Oct 2018.

PMV mark · valuation
$102.3M
Oct 2026
Priced at
its later-stage round
Nov 2021
Total raised
$93.9M
Last round
Seed Round
Oct 2018
How much has Altaeros raised?
$93.9Macross 2 recorded rounds · Nov 2014 – Oct 2018

Most recently, Altaeros raised $3.8M in its Seed Round (Oct 2018).

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Altaeros round by round

2 rounds
Oct 2018Seed Round$3.8MSEC filing▮
2 investors participated
Nov 2014Early Stage VC$7.2MSEC filing▮
9 investors participated

How much has Altaeros raised?

Altaeros has raised $93.9 million in total; 2 of its rounds are on record. The largest on record was a $7.2 million early-stage round in Nov 2014; the most recent was a $3.8 million seed round in Oct 2018.

Altaeros has filed 2 Form Ds with the SEC since 2014, most recently in Nov 2018 ($3.8 million sold to 2 investors).

Altaeros investors

19 investors are on record for Altaeros, including US National Science Foundation, MassChallenge, In-Q-Tel and SoftBank Investment Advisers. The seed round in Oct 2018 drew 2 investors.

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19 investors have backed Altaeros.

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Frequently asked about Altaeros

How much has Altaeros raised?
Altaeros has raised $93.9M in total across 2 recorded funding rounds.
When was Altaeros's last funding round?
Altaeros's most recent recorded round was Seed Round in Oct 2018, raising $3.8M.