
Alt Capital is an early-stage, generalist venture firm founded by Jack Altman in 2023, investing $1–10M from inception through Series A with a concentrated portfolio. The firm's most recent vehicle, Alt Capital II, is a $275M fund focused on AI and enterprise software startups.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 6 prior). Their most common stage is series-a (48% of deals). Average disclosed round size is $39.1M (across 28 rounds with reported amounts).
Portfolio
24
Fund Size
$275M
Top Stage
Series A
Last 12 Mo
4
Team
Adam Downey
Founding Partner
Jack Altman
Managing Partner
Elaine Dai
Partner
Bala C.
Investor
Rahul Jain
Chief Investment Officer and Fund Manager
Ben Kodisang
Founder and CEO
John Burke
Founder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $40M | Jan 2026 | |
| Series A | $55M | Jan 2026 | |
| Series B | $80M | Jan 2026 | |
| Series B | $96M | Dec 2025 | |
| Series C | $96M | Dec 2025 | |
| AAntares Nuclear | Unknown | $96M | Dec 2025 |
| Series A | $14M | Sep 2025 | |
| Series A | $17M | Jun 2025 | |
| Growth | — | May 2025 | |
| Unknown | $15M | Apr 2025 | |
| Seed | $120M | Jan 2025 | |
| Seed | $10.7M | Jan 2025 | |
| Seed | $25M | Jan 2025 | |
| Series A | $25M | Jan 2025 | |
| Series A | $11M | Oct 2024 | |
| Series A | $15.5M | Oct 2024 | |
| Series A | — | Jul 2024 | |
| Series A | $10M | Jun 2024 | |
| Seed | $6M | Mar 2024 | |
| Series B | $33M | Jan 2024 | |
| Seed | $60M | Jan 2023 | |
| Unknown | — | Jul 2022 | |
| Seed | — | Apr 2021 | |
| Growth | $65M | Jan 2021 | |
| Series A | $10.1M | Feb 2020 |
Top Co-Investors
Last updated: 20 October 2026