About Altai Ventures
Altai Ventures is a venture capital firm founded in 2021. It is primarily based out of Weston, United States. As of Feb 2026, Altai Ventures is an active investor, having invested in 12 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and InsurTech. Most recently it participated in the $***** Seed round of Comeryx Overall, Altai Ventures portfolio has seen 2 acquisitions, namely Evolution IQ and Grata. A lot of funds co-invest with Altai Ventures, with names like Arch Capital Group sharing a substantial percentage of its portfolio. Altai Ventures has team of 9 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Altai Ventures' List of Top Investments
Altai Ventures has a portfolio of 12 companies. Their most notable investments are in Reserv and Reserv.Their portfolio spans across United States and France. They have invested in Enterprise Applications, FinTech, InsurTech and 4 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Altai Ventures:
1. Rainbow
Property and casualty insurance for restaurant businesses. Offers pay-as-you-go restaurant insurance coverage with loss control survey. Provide tailored coverage for restaurants and aim to connect clients with advisors. Provides coverages tailor-made for the food service industry including property, equipment breakdown, general liability, and more.
Key facts about Rainbow
- Founded Year: 2021
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $37M
- Employee Count: 191 as on Aug 31, 2026
- Investors: Zigg Capital, Caffeinated Capital and 5 Others
- Latest Funding Round: Series A, Jan 15, 2025, $*****
- Highlight: Editors' Pick
Provider of a financial operations platform for insurance businesses. The platform automates billing, invoicing, premium collection, and reconciliation. It integrates with existing systems, offering real-time data, reporting, and customizable views. The platform provides tools for managing commissions, payments, and partner access to financial data.
Key facts about Functional Finance
- Founded Year: 2018
- Location: Benton (United States)
- Stage: Series A
- Total Funding till date: $28M
- Employee Count: 22 as on Aug 31, 2026
- Investors: Starr Companies, Summit Peak and 4 Others
- Latest Funding Round: Series A, May 17, 2024, $*****
- Highlight: Editors' Pick
3. Upfort
Provides cyber security and insurance solutions for organizations. Offers turnkey layers of cyber protection that can significantly lower the likelihood of ransomware, breaches, and other cybersecurity incidents. It is an AI-powered prevention and intelligent cyber insurance platform that transforms cyber risk management.
Key facts about Upfort
- Founded Year: 2017
- Location: Berkeley (United States)
- Stage: Series A
- Total Funding till date: $15.7M
- Employee Count: 26 as on Aug 31, 2026
- Investors: Aquila Capital Partners, Aquiline Technology Growth and 16 Others
- Latest Funding Round: Series A, Oct 26, 2023, $*****
- Highlight: Editors' Pick
4. Evolution IQ
AI-based insurance claims data monitoring platform for the insurance industry. Its products include IQInvestigate to automate detection across claim books, automatically referring claims to examiners or SIU for claim reviews & investigations and IQPriority to analyze claim severity and litigation propensity to deliver adjusters with claim closures.
Key facts about Evolution IQ
- Founded Year: 2019
- Location: New York (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $60.3M
- Employee Count: 249 as on Aug 31, 2026
- Investors: Foundation Capital, First Round Capital and 11 Others
- Latest Funding Round: Series C, Jul 30, 2024, $*****
- Highlight: Acquired
5. Reserv
Provider of insurance claims management and automated data analysis software. This organization processes insurance claims through automated workflows and configurable reporting tools. The system utilizes artificial intelligence to assist adjusters in evaluating claim details and managing complex tasks. It captures and structures information to support decision-making for underwriters and claims administrators.
Key facts about Reserv
- Founded Year: 2005
- Location: France
- Stage: Series C
- Total Funding till date: $196M
- Employee Count: 624 as on Aug 31, 2026
- Investors: Accenture Ventures, QBE Group and 14 Others
- Latest Funding Round: Series C, May 04, 2026, $*****
Altai Ventures' Year-on-Year Investment Trends
Altai Ventures has invested in 12 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 2 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Comeryx and most recent follow-on round was in Authentic Insurance.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 2 | 2 | 4 |
2023 | 4 | 1 | 5 |
2022 | 3 | 0 | 3 |
Altai Ventures' Investments by Stage
Altai Ventures has made 8 investments in Seed stage with an average round size of $9.13M and 4 investments in Series A stage with an average round size of $15.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series A | 4 |
Note: We have considered here, only first round of investments
Altai Ventures' Investments by Sector
Altai Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, InsurTech, Vertical SaaS and Financial Services. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 8 Software companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
FinTech | 8 |
InsurTech | 6 |
Vertical SaaS | 4 |
Financial Services | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Altai Ventures' Investments by Geography
Altai Ventures has made most investments in United States (11), followed by France where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 11 |
France | 1 |
Note: We have considered here, only first round of investments
Altai Ventures' recent investments
Altai Ventures has made 1 investments in 2026 so far - Comeryx.Here are the most recent investments by Altai Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 23, 2026 | United States | Seed | 1857 | ||
Oct 16, 2025 | United States | Seed | 9544 | ||
May 15, 2025 | United States | Seed | 1838 | - | |
Oct 30, 2024 | United States | Seed | 2059 | [+6] | |
Jun 11, 2024 | United States | Series A | 2776 | [+4] |
Acquired companies in Altai Ventures' Portfolio
2 companies from Altai Ventures' portfolio have been acquired. The most recent acquisition was Grata in Jun 2025 by Datasite for $*****.Here are Altai Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 04, 2025 | Jan 14, 2022 | Series A | 4006 | |
Dec 20, 2024 | Apr 12, 2022 | Series A | 3306 |
Team profile of Altai Ventures
Altai Ventures has a team of 9 members including 1 Partner, 3 Venture Partners and 1 Principal located in United States. Altai Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Altai Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Weston | - | ||
Venture Partner | - | - | - | |
Venture Partner | New York | - | - | |
Venture Partner | - | - | - | |
Principal | New York | - | - |
Co-investors of Altai Ventures
Over the past 4 years, 80 investors have co-invested in Altai Ventures's portfolio companies. This includes funds and angels.
- Invested before Altai Ventures: Y Combinator, Lightbank and 13 others have invested in rounds before Altai Ventures. There is 1 company where Y Combinator has invested before Altai Ventures and 1 company where Lightbank has invested before Altai Ventures.
- Top Co-investors of Altai Ventures: 54 investors entered a company along with Altai Ventures. These include investors like Arch Capital Group (3 companies).
- Invested after Altai Ventures: A total of 11 investors have invested in Altai Ventures's portfolio after their investments. Top Investors include Munich Re (1 company), Principal (1 company) and 8VC (1 company).
Recent News related to Altai Ventures
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Comeryx Raises $7.5M in Seed FundingFinSMEs•Feb 23, 2026•Altai Ventures, Arch Capital Group, Boulder Ventures, American Family Ventures and 2 others
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Aboon Raises $17.5M to Launch AI-Powered 401(k) Platform for Financial Advisorsintelligence360•Nov 11, 2025•Outpost Ventures, Altai Ventures, Edward Jones, Bain Capital Ventures and 2 others
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The AlleyWatch Startup Daily Funding Report: 10/16/2025AlleyWatch•Oct 16, 2025•Patlytics, Aboon, Outpost Ventures, Altai Ventures and 4 others
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Sproutr Secures Seed Funding to Accelerate P&C Product Launchesintelligence360•May 22, 2025•Sproutr, Altai Ventures
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Rainbow Announces $8 Million Series A Funding to Expand Small Business Insurance OfferingsInsuranceNewsNet•Jan 15, 2025•Rainbow, Zigg Capital, Altai Ventures, Arch Capital Group and 4 others
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Functional Finance Secures $20M Series A Funding Led by Walkabout VenturesForexTV•Sep 19, 2024•Functional Finance, Munich Re, Walkabout Ventures, Corvus Insurance and 3 others
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Insurtech startup Authentic raises $11mn in First Mark-led Series AThe Insurer•Jun 12, 2024•Authentic Insurance, FirstMark, Slow Ventures, Altai Ventures and 3 others
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Authentic raises $11 millionCoverager•May 29, 2024•Authentic Insurance, FirstMark, Slow Ventures, Altai Ventures and 2 others
