How Much Did Altimeter Solutions Raise?
Funding & Key Investors

Altimeter Solutions has successfully secured a significant capital infusion, bringing its total funding to $1.5M. This latest major strategic investment of $1.1M underscores the firm's robust position within the defense contracting ecosystem. By leveraging this recent financing, the company is well-positioned to scale its specialized operations, ensuring that its unique value proposition in the government and security-cleared talent market remains competitive and resilient against evolving industry demands.

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. The firm specializes in high-level staff augmentation, specifically catering to Department of Defense contracts that require rigorous security clearances. By integrating deep expertise in cybersecurity recruitment with innovative network optimization strategies, the company addresses the complex technical challenges faced by government agencies and private defense contractors alike. Their business model effectively bridges the gap between talent acquisition and operational security, providing a streamlined, cost-effective solution for organizations managing sensitive infrastructure. Through a nuanced understanding of the recruiting lifecycle, Altimeter Solutions ensures that clients maintain operational continuity while meeting stringent regulatory and security standards.

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

$1.1M

Debt

$200K

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

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

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

Key Investors in Altimeter Solutions

Celtic Bank

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

Bank of Tampa

A regional banking leader focused on delivering tailored financial services and strategic debt financing to established businesses.

PPP

Public-Private Partnership

What's next for Altimeter Solutions?

With the recent influx of capital, Altimeter Solutions is poised to accelerate its growth trajectory by expanding its footprint in the defense sector. The strategic deployment of these funds will likely focus on enhancing their proprietary recruitment technology and deepening their bench of cleared cybersecurity professionals. As the demand for secure, specialized talent continues to rise within the federal landscape, the company is expected to leverage its current financial stability to pursue larger, more complex government contracts. This phase of development will likely involve scaling internal operations to support a broader client base, further cementing their reputation as a vital partner in the national security supply chain.

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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 $1.1M 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 Celtic Bank. 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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