Altair Engineering
AcquiredAltair Engineering is a saas company in Troy, United States, founded in 1985. It has raised $30.0M across 1 round, most recently a $30.0M Growth Equity in 2004 (est.).
Altair is now part of Siemens
- Headquarters
- Troy, Michigan
- Employees
- 1001–5000
- Founded
- 1985
- Business Model
- B2B
- Website
- altair.com
- Total Funding
- $30.0M
- Last Round
- $30.0M Growth EquityJan 2004
- Rounds
- 1
- Acquisition Date
- Jan 2025
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.
About
Altair Engineering is a global technology company founded in 1985 in Troy, Michigan, that provides software and cloud solutions for simulation, high-performance computing (HPC), data analytics, and artificial intelligence. Best known for its HyperWorks CAE software suite, Altair serves customers across automotive, aerospace, defense, life sciences, and financial industries. The company went public on Nasdaq in 2017 (ticker: ALTR) and grew to over 3,000 employees through more than 30 acquisitions before being acquired by Siemens in March 2025 for $10.6 billion.
Summary
It lists 1001–5000 employees. It has raised $30.0M in total across 1 round, most recently a $30.0M Growth Equity round in 2004 (est.). Investors include General Atlantic.
Tech & App Stack
8 technologies & apps tracked
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Funding & Exit History
2025 (est.)
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Funding: Growth Equity. Amounts, valuations, and investors where available.
Investors
Acquisitions
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