About Altos Ventures Management
Altos Ventures Management is a venture capital firm founded in 1996. It is primarily based out of Burlingame, United States. As of Aug 2026, Altos Ventures Management is an active investor, having invested in 266 companies, with 12 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of PBP Overall, Altos Ventures Management portfolio has seen 7 unicorns, 9 IPOs and 48 acquisitions including key companies like Roblox, Coupang and Krafton. A lot of funds co-invest with Altos Ventures Management, with names like SBVA sharing a substantial percentage of its portfolio. Altos Ventures Management has team of 31 people including 14 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio Unicorns
Portfolio Soonicorns
Altos Ventures Management's List of Top Investments
Altos Ventures Management has a portfolio of 266 companies, including 7 unicorns. Their most notable investments are in Rapo Labs and Conduit.Their portfolio spans across United States, South Korea, Canada and 15 more locations. They have invested in Enterprise Applications, Consumer, Retail and 28 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Altos Ventures Management:1. Roblox
Online gaming platform for developing web and mobile games. The platform enables its users to create its own games through simple drag and drop mechanisms. It has developed Roblox an action game. It generates revenue through virtual purchases in-game by the use of a virtual currency Robux. The platform follows a revenue share model for game developers.
Key facts about Roblox
- Founded Year: 2004
- Location: San Mateo (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $918M
- Employee Count: 9,866 as on May 31, 2026
- Investors: Meritech, ADS Ventures and 21 Others
- Latest Funding Round: Series H, Jan 06, 2021, $*****
- Highlight: Public
2. Coupang
Online marketplace offering multi-category consumer products. The product catalog includes fashion, beauty, stationery, sports, health care, books, toys, smoking products, pet supplies, groceries, automobiles, electronics, and more.
Key facts about Coupang
- Founded Year: 2010
- Location: Seoul (South Korea)
- Annual Revenue: $1B+ as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $3.9B
- Employee Count: 1,001 - 5,000 as on Mar 01, 2026
- Investors: HTIF, ADS Ventures and 49 Others
- Latest Funding Round: Series F, Dec 20, 2019, $*****
- Highlight: Public
3. Krafton
Provider of online games. It offers a variety of games like Pubg Battlegrounds, New State Mobile, and more. It also provides a platform called Krafton ID for users to access exclusive in game content and rewards. The company collaborates with companies like Microsoft Azure for gaming experiences.
Key facts about Krafton
- Founded Year: 2007
- Location: Seoul (South Korea)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $35M
- Employee Count: 1,684 as on Jun 30, 2026
- Investors: JKL Partners, Altos Ventures Management and 15 Others
- Latest Funding Round: Series C, Aug 14, 2017, $*****
- Highlight: Public
4. Quizlet
Provider of learning tools and flashcards for students. It enables users to create study sets on the platform for anything they are learning. Provides a collaborative platform where students can learn with their peers. The platform enables students to learn languages, science, arts & humanities, math, and more. Additionally, users can also add audio or images to the study set and search the repository of existing study sets. Its mobile app is available for Android and iOS devices.
Key facts about Quizlet
- Founded Year: 2005
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62M
- Employee Count: 497 as on Jun 30, 2026
- Investors: Icon Ventures, General Atlantic and 6 Others
- Latest Funding Round: Series C, May 13, 2020, $*****
- Highlight: Editors' Pick
Provider of financial products and services including credit cards, accounts, and investment options. It offers various credit card options with cashback rewards. Account services include everyday accounts and high-interest savings accounts. Investment options are also available through expertly managed portfolios. It also offers customized financial and loyalty solutions for businesses and brands. This platform enables organizations to enhance customer engagement through integrated rewards programs leveraging a robust cashback network. It also provides financial services and education for teenagers by offering financial tools, including a spending card with cashback rewards and a high-interest savings account, designed to help young individuals manage their money effectively. Its app is available across Android and iOS platforms.
Key facts about Neo Financial
- Founded Year: 2019
- Location: Calgary (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $344M
- Employee Count: 1,041 as on Jun 30, 2026
- Investors: ATB Financial, Breyer Capital and 26 Others
- Latest Funding Round: Series D, Feb 03, 2026, $*****
- Highlight: Editors' Pick
Altos Ventures Management's Year-on-Year Investment Trends
Altos Ventures Management has invested in 266 companies over the last 28 years, with an average of 12 new investments annually in the last 10 years. In 2025, it made 22 investments, while as of Aug 2026, it has made 11 investments in this year. Its most recent first time investment was in Wert and most recent follow-on round was in PBP.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 3 | 11 |
2025 | 14 | 8 | 22 |
2024 | 14 | 4 | 18 |
2023 | 21 | 5 | 26 |
2022 | 16 | 9 | 25 |
2021 | 16 | 12 | 28 |
2020 | 7 | 9 | 16 |
2019 | 8 | 8 | 16 |
2018 | 10 | 7 | 17 |
2017 | 7 | 8 | 15 |
Altos Ventures Management's Investments by Stage
Altos Ventures Management has made 94 investments in Series A stage with an average round size of $11.3M, 48 investments in Series B stage with an average round size of $17.8M and 29 investments in Seed stage with an average round size of $3.24M.Stage of entry | No. of Investments |
|---|---|
Series A | 94 |
Series B | 48 |
Seed | 29 |
Series C | 12 |
Series D | 7 |
Others | 2 |
Note: We have considered here, only first round of investments
Altos Ventures Management's Investments by Sector
Altos Ventures Management has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, FinTech and Vertical SaaS. Notably, it has invested in 205 Tech companies, 133 Enterprise (B2B) companies, 111 Consumer (B2C) companies and at least 111 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 73 |
Consumer | 58 |
Retail | 33 |
FinTech | 31 |
Vertical SaaS | 20 |
Others | 163 |
Note: We have considered here, only first round of investments
Altos Ventures Management's Investments by Geography
Altos Ventures Management has made most investments in United States (86), followed by South Korea where it has made 74 investments.Country | No. of Investments |
|---|---|
United States | 86 |
South Korea | 74 |
Canada | 4 |
Singapore | 4 |
Indonesia | 3 |
Others | 19 |
Note: We have considered here, only first round of investments
Altos Ventures Management's recent investments
Altos Ventures Management has made 11 investments in 2026 so far. PBP and Quartr are the latest among them.Here are the most recent investments by Altos Ventures Management:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2026 | Kenya | Series A | 9875 | ||
Aug 11, 2026 | Sweden | Series B | 8937 | ||
Jul 24, 2026 | South Korea | Series B | 5174 | [+1] | |
Jul 09, 2026 | South Korea | Series B | 8951 | ||
Jun 23, 2026 | South Korea | Seed | 6669 | - |
Unicorns in Altos Ventures Management's Portfolio
Altos Ventures Management has 7 unicorns in its portfolio - Toss Bank, Neo Financial, PandaDoc and others. The most recent unicorn in their portfolio is Toss Bank. It became a unicorn in 2023.Here is a list of unicorns in Altos Ventures Management's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
56 | Operator of a digital banking platform providing various financial services | 2015 | Seoul | Series D | bhvyhby | ||
76 | Provider of financial products and services including credit cards, accounts, and investment options | 2019 | Calgary | Series D | mtzdoel | ||
70 | Provider of document management and automation platform with e-signature capabilities | 2011 | San Francisco | Series C | thpgwrx | ||
67 | Online retailer of used and new goods across multiple categories | 2015 | Seoul | Series D | nowvete | ||
77 | Provider of learning tools and flashcards for students | 2005 | San Francisco | Series C | jthbkbu |
IPOs and Publicly Listed companies in Altos Ventures Management's Portfolio
9 of Altos Ventures Management's portfolio companies have become public. Meatbox got listed on the Korea Exchange (KRX), in Jan 2025 at marketcap of $73.5M and Socar got listed on the Korea Exchange (KRX) at marketcap of $682M.Here are Altos Ventures Management's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 23, 2025 | Feb 09, 2017 | Series A | 3772 | |
Aug 22, 2022 | Jan 15, 2019 | Series D | 9824 | |
Aug 10, 2021 | 2008 | Series A | 9648 | |
Mar 11, 2021 | - | - | 9507 | |
Mar 10, 2021 | Jul 21, 2009 | Seed | 7440 |
Acquired companies in Altos Ventures Management's Portfolio
48 companies from Altos Ventures Management's portfolio have been acquired. The most recent acquisition was CrownPeak in Dec 2025 by Rezolve for $*****.Here are Altos Ventures Management's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 01, 2025 | Apr 07, 2006 | Series A | 5539 | |
Nov 26, 2025 | Sep 23, 2021 | Series C | 7571 | |
Aug 04, 2025 | Mar 09, 2017 | Series B | 5047 | |
Apr 22, 2025 | Apr 14, 2021 | Series A | 4822 | |
Dec 30, 2024 | 2012 | Seed | 6160 |
Team profile of Altos Ventures Management
Altos Ventures Management has a team of 31 members including 14 Partners, 1 Venture Partner and 7 Principals located in United States, South Korea and 1 more location. Altos Ventures Management's team sits on the board of 1 company.Here is a list of top team members in Altos Ventures Management:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | United States | |||
Partner | Menlo Park | - | ||
Partner | Seoul | - | ||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Partner | South Korea | - | ||
Partner | India | - | - | |
Partner | Menlo Park | - | ||
Partner | Burlingame | - | ||
Partner | Alamo | - | - |
Co-investors of Altos Ventures Management
Over the past 28 years, 905 investors have co-invested in Altos Ventures Management's portfolio companies. This includes funds and angels.
- Invested before Altos Ventures Management: Y Combinator, Techstars and 331 others have invested in rounds before Altos Ventures Management. There are 7 companies where Y Combinator has invested before Altos Ventures Management and 5 companies where Techstars has invested before Altos Ventures Management.
- Top Co-investors of Altos Ventures Management: 316 investors entered a company along with Altos Ventures Management. These include investors like SBVA (8 companies).
- Invested after Altos Ventures Management: A total of 256 investors have invested in Altos Ventures Management's portfolio after their investments. Top Investors include Korean Development Bank (4 companies), Tencent (3 companies) and Samsung (3 companies).
Recent News related to Altos Ventures Management
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Chandigarh-based traveltech startup raises funding at Rs 10 crore valuationIndian Startup News•Aug 18, 2026•Altos Ventures Management
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Quartr Raises €15.6 Mn to Expand AI-Powered Financial Data PlatformStartup Rise EU•Aug 11, 2026•Quartr, Altos Ventures Management, SEB
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General Analysis Raises $10M in Seed Funding to Secure Agentic AI Against Real-World AttacksTechStartups.com•Apr 29, 2026•General Analysis, Y Combinator, Altos Ventures Management, 645 Ventures and 2 others
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AfterQuery Raises $30 Million Series A Round at $300 Million ValuationBakersfield•Apr 09, 2026•AfterQuery, Altos Ventures Management, Y Combinator, The Raine Group and 1 other
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