Companies · Other Technology

Altaeros Energies, Inc.

FREMONT · Other Technology

Diligence memoA one-page analyst read on Altaeros Energies, Inc. — recommendation, valuation, rhythm, risks.
$59.7M
Total raised · real
5
Rounds
0.4×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Fri Dec 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Altaeros Energies, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.16× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Altaeros Energies, Inc. is one of 21302 Other Technology companies tracked from FREMONT. By capital raised it ranks among the largest (ahead of 94% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-12-20
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries A · 2014-11-26 Raised $7.2M (real) Modeled valuation $198M (est)Series A2014Series A · 2018-10-31 Raised $3.8M (real) Modeled valuation $104M (est)Series A2018Series B · 2022-06-30 Raised $35M (real) Modeled valuation $526M (est)Series B2022Pre-Seed · 2023-06-09 Raised $1.0M (real) Modeled valuation $8.6M (est)Pre-Seed2023Series B · 2023-06-09 Raised $8.5M (real) Modeled valuation $92M (est)Series B2023Series A · 2024-12-20 Raised $4.3M (real) Modeled valuation $19M (est)Series A2024Series B · 2024-12-20 Raised $5.6M (real) Modeled valuation $35M (est)Series B2024Seed · 2024-12-20 Raised $2.0M (real) Modeled valuation $8.1M (est)Seed2024+$3.8M+$35M+$1.0M+$8.5M+$4.3M+$5.6M+$2.0MCumulative $67M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$7.2M · 2014
Series A extension$3.8M · 2018
Series B$34.8M · 2022
Bridge · Series B-stage$1.0M · 2023smaller follow-on
Series B extension$8.5M · 2023
Bridge · Series B-stage$4.3M · 2024smaller follow-on
Series B extension$5.6M · 2024
Bridge · Series B-stage$2.0M · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$35.2M
Base estimate est.
$13.6M
Conservative case
$57.6M
Upside case
$30.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $198.5M · 2014-11-262014Series A · modeled $104.0M · 2018-10-31Series B · modeled $526.3M · 2022-06-30Pre-Seed · modeled $8.6M · 2023-06-09Series B · modeled $91.9M · 2023-06-09Series A · modeled $19.4M · 2024-12-20Series B · modeled $35.2M · 2024-12-20Seed · modeled $8.1M · 2024-12-202024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$5.9M/yr
Capital velocity
11.6 yr
On record since
2014
First round
8
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 19× above median
This company$59.7M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.0M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$35.2M
Sector median$37.3M

Raised more than 94% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #472 of 514.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $708.5M (est)Skan, Inc. · Series B Raised $39.3M · modeled $685.3M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $663.3M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $659.0M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $650.4M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $649.1M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.9M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $609.3M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.9M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.6M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.6M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $560.0M (est)Altaeros Energies, Inc. (this company) Raised $59.7M · modeled $35.2M (est)Altaeros Energies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$708.5M3.30×
Skan, Inc.Series B$39.3M$685.3M3.19×
Design Barn Inc.Series B$37.0M$663.3M3.09×
SKAEL, Inc.Series B$37.9M$659.0M3.07×
Maze.Design, Inc.Series B$57.0M$650.4M3.03×
Infinity Stones Inc.Series B$78.9M$649.1M3.02×
GridX, Inc.Series B$54.7M$623.9M2.90×
Convictional, Inc.Series B$43.4M$609.3M2.84×
SourceDay, Inc.Series B$58.0M$599.9M2.79×
Xatabase, Inc.Series B$35.0M$596.6M2.78×
Concord SCC LtdSeries B$39.8M$585.6M2.73×
sovrn Holdings, Inc.Series B$80.4M$560.0M2.61×
Altaeros Energies, Inc. this companySeries B$59.7M$35.2M0.16×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$7.2M2014-11-26$32.5M$198.5M85%
Series A$3.8M2018-10-31$17.0M$104.0M90%
Series B$34.8M2022-06-30$193.4M$526.3M90%
Pre-Seed$1.0M2023-06-09$5.6M$8.6M90%
Series B$8.5M2023-06-09$47.0M$91.9M90%
Series A$4.3M2024-12-20$19.4M$19.4M90%
Series B$5.6M2024-12-20$30.9M$35.2M90%
Seed$2.0M2024-12-20$10.0M$8.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$7.2M2014-11-26
    • First recorded raise — entered as Series A.
    • 9 investors on this round.
  2. Series A$3.8M2018-10-31
    • Raised again after 47 mo — slower than the ~13 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series B$34.8M2022-06-30
    • Raised again after 44 mo — slower than the ~13 mo sector norm.
    • Round 9.3× larger than the prior — scaling up.
    • 10 investors on this round.
  4. Pre-Seed$1.0M2023-06-09
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 34.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series B$8.5M2023-06-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.5× larger than the prior — scaling up.
    • 7 investors on this round.
  6. Series A$4.3M2024-12-20
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  7. Series B$5.6M2024-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 4 investors on this round.
  8. Seed$2.0M2024-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~17mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.4×
Last step-up
$5.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Adam Rein2014-11
Alain Goubau2014-11
Arunas Gerrard Chesonis2023-06
Ben Glass2014-11
Benjamin Glass2022-06
Ike Gerrard Okonkwo2023-06
Jeff Gerrard Lloyd-Jones2023-06
John Gerrard Bailey2024-12
Mauricio Quintana2018-10
Philip Gerrard Shevrin2018-10
R. Gerrard Salemme2018-10
Shigeki Miwa2018-10
Stephen Gerrard Brackett2022-06
Registry & provenance

Altaeros Energies, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1627499
SEC CIK
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Frequently asked
How much funding has Altaeros Energies, Inc. raised?
Altaeros Energies, Inc. has raised approximately $59.7M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Altaeros Energies, Inc.'s estimated valuation?
Provath's modeled valuation for Altaeros Energies, Inc. is approximately $35.2M (modeled range $13.6M–$57.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Altaeros Energies, Inc. at?
Altaeros Energies, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Dec 20.
What does Altaeros Energies, Inc. do and where is it based?
Altaeros Energies, Inc. operates in the Other Technology sector, based in FREMONT.
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