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
Team — not yet on record
No current team members for Altaeros are on record yet. People surface from round filings, company disclosures, and coverage sessions.
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·The complete investor list: 19 names
·Watch Altaeros: the Monday email on marks, rounds and moves
