Altaeros Overview

  • Founded
  • 2010

Founded
  • Status
  • Private

  • Employees
  • 43

Employees
  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $34.8M

  • Investors
  • 13

Altaeros General Information

Description

Developer of an airborne wind turbine designed to deliver advanced technology of infrastructure to rural and isolated communities. The company's turbine is a high-altitude turbine made for mobility and rapid deployment at remote, military, and offshore sites, as well as help in cost-effective deployment of ubiquitous telecom services and deployment of technology-enabled agricultural services, enabling rural and isolated communities to improve connectivity through their super towers and facilitate control through their aerostat system.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Telecommunications Service Providers
Primary Office
  • 561 Windsor Street
  • Suite B404
  • Somerville, MA 02143
  • United States
+1 (617) 000-0000

Altaeros Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Altaeros Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 25-Jul-2022 $34.8M 000.00 Completed Generating Revenue
7. Later Stage VC (Series B1) 01-Oct-2021 000.00 000.00 00000 Completed Generating Revenue
6. Later Stage VC (Series B1) 14-Nov-2018 00.000 000.00 000.00 Completed Generating Revenue
5. Accelerator/Incubator 0000 Completed Generating Revenue
4. Later Stage VC (Series A) 08-Aug-2017 0000 0000 0000 Completed Generating Revenue
3. Grant 01-Jan-2017 00000 Completed Generating Revenue
2. Grant 01-Jan-2014 $1.59M Completed Startup
1. Accelerator/Incubator Completed Startup
To view Altaeros’s complete valuation and funding history, request access »

Altaeros Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B1-N 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B1-A 00,000,000 00.000000 00.0 00.0 00 00.0 00.000
Series A 8,941,888 $0.000001 $2.57 $2.57 1x $2.57 18.88%
To view Altaeros’s complete cap table history, request access »

Altaeros Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an airborne wind turbine designed to deliver advanced technology of infrastructure to rural and isolated co
Telecommunications Service Providers
Somerville, MA
43 As of 2022
000.00
0000000000 0 000.00

00000

et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut a
00000000000 000000 000000000
The Hague, Netherlands
00 As of 0000
00.000
0000000000 00.000

000000

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatu
00000000000 000000 000000000
Durham, NC
00 As of 0000
00.000
0000000000 00.000
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Altaeros Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ampyx Power Venture Capital-Backed The Hague, Netherlands 00 00.000 0000000000 00.000
00000000 Angel-Backed Durham, NC 00 00.000 0000000000 00.000
You’re viewing 2 of 2 competitors. Get the full list »

Altaeros Patents

Altaeros Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3529144-A4 Systems and methods for automated, lighter-than-air airborne platform Granted 18-Oct-2016 000000000 0
EP-3529144-A1 Systems and methods for automated, lighter-than-air airborne platform Granted 18-Oct-2016 000000000
US-20200057455-A1 Systems and methods for automated, lighter-than-air airborne platform Pending 18-Oct-2016 00000000
EP-3529144-B1 Systems and methods for automated, lighter-than-air airborne platform Active 18-Oct-2016 00000000
US-10425179-B2 Wireless communication station Active 16-Sep-2016 H04J11/003
To view Altaeros’s complete patent history, request access »

Altaeros Executive Team (7)

Name Title Board Seat Contact Info
Benjamin Glass Co-Founder, Chief Executive Officer, Chief Technology Officer, President & Board Member
Ike Okonkwo Chief Financial Officer
Joseph Ryan Vice President of Business Development & General Counsel
Adam Rein Co-Founder & Chairman
You’re viewing 4 of 7 executive team members. Get the full list »

Altaeros Board Members (6)

Name Representing Role Since
Adam Rein Self Co-Founder & Chairman 000 0000
Mauricio Quintana Self Board Member 000 0000
Philip Shevrin Self Board Member 000 0000
R. Salemme Self Board Member 000 0000
Shigeki Miwa Self Board Member 000 0000
You’re viewing 5 of 6 board members. Get the full list »

Altaeros Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Altaeros Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Chris Varrone Angel (individual) Minority 000 0000 000000 0
SPARX Group Company Corporation Minority 000 0000 000000 0
Mitsubishi Heavy Industries Corporation Minority 000 0000 000000 0
Ratan Tata Angel (individual) Minority 000 0000 000000 0
SoftBank Investment Advisers Growth/Expansion Minority 000 0000 000000 0
You’re viewing 5 of 13 investors. Get the full list »