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Altair
AI · Troy, United States · Founded 1985 · IPO 2017
Enterprise analytics and engineering software MoreLess
Altair is a global technology company specializing in simulation, high-performance computing (HPC), and artificial intelligence (AI). The company serves a diverse range of clients, including those in the automotive, aerospace, healthcare, and financial services sectors. Altair operates in the technology and engineering markets, providing software and cloud solutions that enable organizations to enhance product design, optimize performance, and make data-driven decisions. The business model is primarily subscription-based, offering software licenses and cloud-based services. Revenue is generated through software subscriptions, consulting services, and training programs. Altair's solutions are designed to improve productivity, reduce costs, and accelerate innovation for its clients.
Keywords: simulation, AI, HPC, product design, cloud solutions, automotive, aerospace, healthcare, financial services, innovation.
Company overview
Altair company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 1985
- Headquarters
- Troy, United States
- Employees
- 2,692
- Open positions
- 12
- Dealroom signal
- 62.3
- Investment activity
- 34 companies · latest Oct 2024
- Capital deployed
- $153M
- Preferred round
- ACQUISITION
Valuation & funding
Altair funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Sep 2025 | $1.7M | — | UK Research and Innovation | — |
| ACQUISITION✓Exit | Oct 2024 | $11B | $11B | Siemens | ↗ |
| GRANT✓Other financing | Dec 2023 | $0 | — | UK Research and Innovation | ↗ |
| POST IPO EQUITY✓Other financing | Aug 2023 | $4.4M | — | Undisclosed | ↗ |
| IPO✓Exit | Nov 2017 | $156M | $785M | Undisclosed | — |
| GROWTH EQUITY VC✓Equity / VC | Oct 2004 | General Atlantic | — | ||
| POST IPO EQUITYOther financing | Jan 2002 | Walerud Ventures | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Altair website traffic
Latest recorded traffic for Altair is 680K monthly website visits, up 19.3% over the last three months. Altair's team declined 33.8% over the past year.
Hiring
Open positions at Altair
Current openings linked to this company in Dealroom.
Comparisons
Altair 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.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
Understand.aiAI-powered data annotation for autonomous driving systems |
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DISCOPERISaves lives by preventing road accidents and enables drivers to control and monetize their automotive data |
Kyiv, Ukraine | Operational | |||
AdaptixPortable, low-dose 3D X-ray imaging systems |
Oxford, United Kingdom | Acquired | |||
PrefletReducing buildings’ carbon footprint with Energy AI |
Reutlingen, Germany | Operational | |||
CLEVER SOLAR DEVICESPhotovoltaics 4.0:Diagnostic Platform at PV module level in real-time, remotely in just 3clicks & best quality data for a sustainable energy |
Soria, Spain | Operational | |||
Deep PlanetAI-powered platform for wine grape growing insights |
London, United Kingdom | Operational | |||
PANTOhealthAI-powered predictive maintenance for railway infrastructure monitoring |
Berlin, Germany | Operational | |||
smartFABIndustrial Analytics for Data-driven Manufacturers |
Milan, Italy | Operational |
Capital deployed
Altair investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Xscape PhotonicsSanta Clara, United StatesUsing photonics to realize scalable, high-bandwidth, energy-sustainable, and cost-effective solutions that enable the next generation of AI, ML, and simulation hardware
$220Mvaluation
RiverlaneCambridge, United KingdomQuantum error-correction stack enabling fault-tolerant quantum computers
$310Mvaluation
Metrics Design AutomationOttawa, Canada
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Research In FlightAustin, United StatesAerodynamic analysis and design simulation software platform
→
Cambridge SemanticsBoston, United StatesCambridge Semantics Inc. is a modern data management and enterprise analytics software company
→
OmniQuestMcKinney, United StatesCapture your next business opportunity with OmniQuestTM’s superior product performance platform that delivers exceptional weight and speed efficiencies to
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Green Wolf CERRome, Italy
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RapidMinerTroy, United StatesRapidMiner is a software platform for data science teams that unites data prep, machine learning, and predictive model deployment
$4.8Mvaluation
Gen3DBath, United KingdomDesign Software for Additive Manufacturing - Gen3D
→
Concept EngineeringFreiburg, GermanyConcept Engineering - We make things visible
→
PowersimRockville, United StatesPSIM Electronic Simulation Software | Powersim
→
CA
CassiniHyderabad, India
→
Talent graph
Altair's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Altair has talent and traffic
team presence
In the news
Latest news about Altair
Recent press, funding announcements, and product moves mentioning Altair — open to read from the original sources.
Market sentiment
What the market is saying about Altair
An AI-synthesized read of the highest-engagement posts about Altair 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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