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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.

Valuation $9.33B
Revenue $666M
EBITDA $83M
Total funding $10–50M

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
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyIoT InternetOfThingsbusiness modelManufacturingbusiness modelSaaSsectorAnalyticssectorCore AIsectorData CenterssectorAI ApplicationssectorHorizon EuropesectorFBC FundedindustryEnterprise Software

Valuation & funding

Altair funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Sep 2025 $1.7M UK Research and Innovation
ACQUISITIONExit Oct 2024 $11B $11B Siemens
GRANTOther financing Dec 2023 $0 UK Research and Innovation
POST IPO EQUITYOther financing Aug 2023 $4.4M Undisclosed
IPOExit Nov 2017 $156M $785M Undisclosed
GROWTH EQUITY VCEquity / VC Oct 2004 General Atlantic
POST IPO EQUITYOther financing Jan 2002 Walerud Ventures
Showing 7 recorded eventsUnlock the complete deal history →

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.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $666M 0% $83M 12.4% $14M 2.1% $221M
2025 $666M 0% $83M 12.4% $14M 2.1% $221M
2024 $666M +8.7% $83M 12.4% $14M 2.1% $221M
2023 $613M +7.1% $56M 9.2% $213M
2022 $572M +7.5% $12M 2%
2021 $532M +13.2% $37M 7%
2020 $470M $37M 8%
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits680K 3-month web change+19.3% 1-year team growth-33.8%
Monthly website visits32 observations · Mar 2017–Feb 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

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.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

Altair investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Altair's talent

Book a demo to see the people
Team profiled 141 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 12 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

5 investors on Altair's cap table

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

Seed 1 investor entered at this stage
UK Research and Innovation
Series B+ 2 investors entered at this stage
Walerud Ventures
General Atlantic
Other known 2 additional known investors
Siemens
Ideon Science Park

Global footprint

Where Altair has talent and traffic

Workforce by country
44 countries with
team presence
🇮🇳 India35.9%
🇺🇸 United States18.6%
🇩🇪 Germany7.5%
🇬🇧 United Kingdom4.7%
🇨🇳 China3.8%
Top 5 of 44 shown

In the news

Latest news about Altair

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

See all news

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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