How Much Did Altimeter Solutions Raise?
Funding & Key Investors

Altimeter Solutions has successfully secured a significant capital injection, bringing its total funding to $1.5M. This latest financial milestone, characterized by a $200K strategic investment, underscores the firm's robust position within the defense contracting and cybersecurity talent acquisition landscape. By leveraging this influx of capital, the organization is poised to accelerate its operational capabilities and expand its footprint in high-security government sectors.

The recent financing round reflects a strong commitment from institutional lenders, signaling confidence in the company's specialized business model. As Altimeter Solutions continues to navigate the complexities of Department of Defense requirements, this liquidity provides the necessary runway to scale its network optimization and security-cleared staffing services effectively.

What is Altimeter Solutions?

Altimeter Solutions
Business ServicesHuman Resources Management Systems (HRMS)

Altimeter Solutions operates at the critical intersection of human capital management and national security infrastructure. The firm specializes in staff augmentation specifically tailored for Department of Defense contracts, addressing the acute shortage of cleared cybersecurity professionals. By integrating deep industry expertise with a nuanced understanding of the recruiting lifecycle, the company provides essential support to both government agencies and private contractors.

Beyond talent acquisition, Altimeter Solutions delivers innovative network optimization and security solutions designed to mitigate technical risks in sensitive environments. Their market position is defined by a dual-focus strategy: ensuring operational continuity for clients through high-caliber personnel while simultaneously providing cost-effective technical answers to complex security challenges. This holistic approach allows the company to serve as a vital partner in maintaining the integrity of defense-related operations.

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

A prominent financial institution known for providing specialized lending solutions and capital support to growing enterprises across various sectors.

Bank of Tampa

A community-focused banking organization that offers strategic debt financing and commercial banking services to support business expansion.

PPP

Public-Private Partnership

What's next for Altimeter Solutions?

With the recent infusion of capital, Altimeter Solutions is strategically positioned to enhance its service delivery model and deepen its penetration into the federal contracting market. The company is expected to prioritize the expansion of its talent pipeline, specifically targeting high-demand cybersecurity roles that require specialized security clearances. Furthermore, the firm will likely invest in proprietary recruitment technologies to streamline the vetting process, thereby reducing the time-to-fill for critical defense positions.

Looking ahead, the organization aims to leverage its strengthened balance sheet to pursue larger-scale enterprise contracts. By maintaining a focus on cost-effective, high-security solutions, Altimeter Solutions is well-equipped to navigate the evolving regulatory landscape of the defense industry. The strategic deployment of these funds will be instrumental in solidifying the company's reputation as a premier provider of cleared technical talent and security-focused business solutions.

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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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