Biography of Jack Altman:
Jack Altman, an influential figure in the tech and venture
capital sectors, has significantly impacted the startup ecosystem through his
various roles and ventures. He is the founder and managing partner of Alt
Capital, an early-stage venture capital firm, and has co-founded several
successful companies, including Lattice, a people management platform. Altman
is also known for his advisory roles at companies like Parade Ventures and
Verifiable, and his involvement in Apollo Projects. His estimated net worth is
approximately $100 million.
Educational Background at Princeton University
Between 2007 and 2011, Jack Altman pursued his undergraduate
studies at Princeton University, focusing on economics. This academic
foundation equipped him with the analytical skills and economic insight that
would later inform his entrepreneurial and investment endeavors.
Multifaceted Journey of Jack Altman: Entrepreneur, Investor, and Venture Leader / Biography of Jack Altman: /Jack Altman:#age#net worth#investor#openA
Transitioning from Lattice to Alt Capital
In December 2023, Altman transitioned from his role as CEO
of Lattice to become the executive chairman. This move allowed him to refocus
on his passion for supporting early-stage startups. Subsequently, in early
2024, he launched Alt Capital, a $150 million venture capital fund aimed at
investing in seed and Series A startups. The firm focuses on a concentrated
portfolio, investing between $1 million and $10 million in companies across
various sectors, including AI, enterprise software, and productivity tools.
Rapid Fundraising Success
In September 2025, Altman announced the closing of Alt
Capital II, a $275 million fund dedicated to backing artificial intelligence
startups focused on transforming enterprise software. Remarkably, the
fundraising process was completed in just one week, showcasing Altman's
credibility and the firm's strong reputation in the venture capital community.
Investors in this fund include the University of Michigan, TrueBridge Capital
Partners, and Cendana Capital. The fund aims to support around 20 startups, continuing
Alt Capital's strategy of concentrated investments.
Notable Investments and Portfolio Companies
Alt Capital's portfolio includes a diverse range of
companies, many of which are at the forefront of innovation in their respective
fields. Some notable investments are:
- PlanetScale:
A database-as-a-service platform.
- Writer:
An AI-powered writing assistant.
- Cortex:
A software platform for creative operations.
- Chroma:
An open-source embedding database.
- Pulley:
A cap table management software.
- WorkRamp:
A workforce training software.
- Slope:
A point-of-sale lending solution.
- Reflex:
A web application development framework.
- GPTZero:
An AI-powered text detection platform.
- Zowie:
A customer interaction automation tool.
- Owner:
A business and productivity software.
- Oso:
A software development application.
- Frond:
A communication software.
- Multis:
A financial software solution.
- Outset:
A business and productivity software.
- Routable:
A company managing cash flow and automating payments.
Conclusion
Jack Altman's journey from a Princeton graduate to a prominent venture capitalist highlights his adaptability and commitment to fostering innovation. Through Alt Capital, he continues to play a pivotal role in shaping the future of technology by supporting early-stage companies with the potential to make significant impacts across various industries.
