How Much Did Altimeter Solutions Raise?
Funding & Key Investors

Altimeter Solutions has secured significant enterprise-level funding, with the total capital raised reaching $1.5M. The company recently announced a major strategic investment of $200K, underscoring its robust growth trajectory and market position in specialized staffing for defense and government sectors. This latest financing round follows a series of debt facilities, indicating a strategic approach to capital management as the company scales its operations.

What is Altimeter Solutions?

Altimeter Solutions
Business ServicesHuman Resources Management Systems (HRMS)

Altimeter Solutions specializes in staff augmentation for government and security-cleared Department of Defense contracts. The company leverages extensive experience in recruiting cyber security professionals and focuses on delivering innovative network optimization and security solutions. By providing cost-effective answers to critical business and technical challenges, Altimeter Solutions serves both candidates seeking cleared roles and employers in need of qualified talent. Their unique approach emphasizes a deep understanding of the recruiting process from an employer's perspective, aiming to bridge the gap between recruitment needs and stringent security requirements for their clients.

How much funding has Altimeter Solutions raised?

Altimeter Solutions has raised a total of $1.4M across 3 funding rounds:

2020

Debt

$150K

2024

Debt

$200K

Debt

$1.1M

Debt (2020): $150K with participation from PPP

Debt (2024): $200K led by Bank of Tampa

Debt (2024): $1.1M supported by Celtic Bank

Key Investors in Altimeter Solutions

Celtic Bank

Celtic Bank is a financial institution that has provided debt financing to Altimeter Solutions, indicating a role in supporting the company's capital structure and operational scaling.

Bank of Tampa

Bank of Tampa has participated in Altimeter Solutions' funding rounds, contributing debt capital that supports the company's financial operations and strategic objectives.

PPP

Public-Private Partnership

What's next for Altimeter Solutions?

With the recent influx of major strategic investment and substantial overall capital, Altimeter Solutions is poised for significant expansion. The company's focus on high-demand areas like cyber security and cleared defense contracts positions it favorably for continued growth. Future strategic initiatives will likely involve scaling recruitment efforts, enhancing technological capabilities in network optimization and security, and potentially broadening its client base within the government and defense sectors. This enterprise-level backing suggests a strategic roadmap focused on solidifying its market leadership and addressing the evolving security and staffing needs of its clientele.

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Frequently Asked Questions Regarding Altimeter Solutions Financial Insights

What are the most recent funding rounds that Altimeter Solutions has completed, and what were the funding rounds?
Altimeter Solutions has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Sep 30, 2024, Debt on Apr 11, 2020.
What is the total amount of funding Altimeter Solutions has raised to date?
Altimeter Solutions has raised a total of $1.4M in funding to date.
How many funding rounds has Altimeter Solutions completed?
Altimeter Solutions has completed 3 funding rounds.
How much funding did Altimeter Solutions raise in its most recent funding round?
Altimeter Solutions raised $200K in its most recent funding round.
Who are the lead investors in Altimeter Solutions's latest funding round?
The lead investor in Altimeter Solutions's latest funding round was Bank of Tampa. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Altimeter Solutions's history?
The largest funding round in Altimeter Solutions's history was $1.1M.
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