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Altimeter Capital

Concentrated crossover investor behind the Snowflake trade.

Crossover & Growth Co-InvestorsFirmUnited States
Target market
Growth-stage and pre-IPO software and internet companies
Geography
United States

Overview

Altimeter Capital, founded by Brad Gerstner in 2008, runs concentrated public and private technology portfolios and is best known for its early and massive position in Snowflake. It took Grab public through a $40 billion SPAC merger in 2021 and participated in OpenAI's 2024 financing — a late-stage lead that engages deeply with a small number of names rather than indexing the stage.

Key facts

  • Founded 2008 by Brad Gerstner
  • Early, concentrated investor in Snowflake through its IPO
  • Took Grab public via a $40B SPAC merger in 2021
  • Participated in OpenAI's 2024 financing

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