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Altaeros

Telecom · Boston, United States · Founded 2010

Providing an Elevated Vantage Point to Connect People, Machines, and Data MoreLess

Altaeros is a technology company focused on bridging the digital divide by delivering affordable broadband to rural communities through its advanced autonomous aerostat platform, the SuperTower. The company operates in the telecommunications and infrastructure market, targeting underserved rural areas where traditional infrastructure is prohibitively expensive. Altaeros' business model revolves around deploying its aerial cell towers, which are tethered and autonomously controlled, to provide ubiquitous mobile coverage at a fraction of the cost of conventional methods. Revenue is generated through partnerships with telecom operators and service providers who utilize the SuperTower to extend their network reach. By leveraging innovative technology and a cost-effective approach, Altaeros aims to transform rural connectivity and foster economic growth in remote regions.

Keywords: autonomous, aerostat, SuperTower, broadband, rural, digital divide, telecommunications, infrastructure, tethered, innovation.

Company overview

Altaeros company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2010
Headquarters
Boston, United States
Employees
43
Open positions
None listed
Dealroom signal
65.3
client focusb2btechnologyHardwaretechnologyAutonomous & Sensor TechtechnologyIoT InternetOfThingssectorTelecommunicationsbusiness modelManufacturingsectorHard TechindustryTelecom

Valuation & funding

Altaeros funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Apr 2024 $8.4M Undisclosed
EARLY VCEquity / VC Aug 2022 $35M $139M Undisclosed
EARLY VCEquity / VC Aug 2017 $7.5M $30M Softbank Capital · RNT Associates
SERIES AEquity / VC Dec 2014 $7M $28M SoftBank
GRANTOther financing Nov 2012 $155K US National Science Foundation
GRANTOther financing Nov 2011 MassChallenge
GRANTOther financing Nov 2010 MassChallenge
GRANTOther financing Jan 2010 Undisclosed
Showing 8 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 40
2025 53
2024 53
2023 47
2022 47
2021 37
2020 40
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Altaeros website traffic

Latest recorded traffic for Altaeros is 0 monthly website visits. Altaeros's team declined 18.9% over the past year.

Latest monthly visits0 1-year team growth-18.9%
Monthly website visits31 observations · Apr 2016–May 2020
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Comparisons

Altaeros compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Altaeros's talent

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Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Altaeros's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
MassChallenge
US National Science Foundation
Series A 3 investors entered at this stage
Other known 4 additional known investors
In-Q-Tel
Mirai Creation fund
Startup Leadership Program- SF
Unreasonable Group

Global footprint

Where Altaeros has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States94.1%
🇦🇱 Albania5.9%
2 countries shown

In the news

Latest news about Altaeros

Recent press, funding announcements, and product moves mentioning Altaeros — open to read from the original sources.

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Market sentiment

What the market is saying about Altaeros

An AI-synthesized read of the highest-engagement posts about Altaeros on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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