Altair Engineering Inc.

Overview

Altair Engineering Inc. is a multinational information technology company headquartered in Troy, Michigan, specializing in software and cloud solutions for simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI). Founded in 1985, the company has grown to over 3,000 employees and operates in 27 countries, offering a comprehensive suite of products and services that empower organizations to build better, more efficient, and sustainable products and processes. The company's investment focus spans early to growth-stage companies across various sectors, including technology, automotive, aerospace, consumer electronics, manufacturing, energy, healthcare, telecommunications, financial services, retail, education, government, media, entertainment, and transportation. Altair's investments typically range from $5 million to $100 million, targeting enterprise values between $5 million and $100 million. Altair's strategic approach emphasizes the convergence of AI, data analytics, HPC, and simulation to drive innovation and digital transformation. The company has a strong track record of supporting startups and established companies in their product development and digital transformation initiatives, leveraging its expertise in computational intelligence to deliver cutting-edge solutions that address complex challenges across various industries.

Investment Focus

• Strong growth potential
• Innovative technology solutions
• Scalable business models
• Experienced management teams
• Alignment with Altair's strategic focus areas

Portfolio Companies