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Altair
Enterprise analytics and engineering software
About Altair
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.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 1985
- Headquarters
- Troy, United States
- Listing
- IPO 2017
- Employees
- 2,692
- Open positions
- 12
- Dealroom signal
- 62.3/100
- Industry
- Enterprise Software
- Sector
- AI, Analytics, Core AI, Data Centers, AI Applications, Horizon Europe, FBC Funded
- Technology
- Artificial Intelligence, Deep Tech, IoT InternetOfThings
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
- Investment activity
- 34 companies, latest Oct 2024
- Capital deployed
- $153M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
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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
→
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
→
Green Wolf CERRome, Italy
→
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
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
UK Research and Innovation
Series B and later2 investors entered at this stage
Walerud Ventures
General Atlantic
Other known investors2 additional known investors
Siemens
Ideon Science Park
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Altair on X, ranked by likes and reposts, corporate channels excluded.
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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