DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Altman Capital Management, LLC
Altman Capital Management, LLC
Alt Capital is an early-stage venture firm, investing $1-10M from inception through Series A. We are generalist investors building a concentrated portfolio. We invest in founders, not categories.
venture manager, reported GAV $266M across 4 vehicles
Importance
21
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 455 MARKET STREET, STE 1940, PMB 196418, San Francisco, CA, 94105adviserinfo.sec.gov
- Business phone
- 650-560-4015adviserinfo.sec.gov
- Website
- https://www.altcap.com/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 19, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $684Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 314-497-4264adviserinfo.sec.govpublished by the subject
- business phone
- 650-560-4015adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| ALT Capital I, L.P. | Fund | 2024 form d first sale | Early deployment | $152M Mar 21, 2024 | 565 | $150M of $150M | Feb 7, 2024 |
| Jack Altman Holdings I, L.P. | Fund | 2021 form d first sale | Mature | $2.0M Mar 21, 2024 | 307 | $2.0M of $2.0M | Apr 13, 2021 |
| Altman Capital Fund II, L.P. | Fund | unknown | Unknown | $80.5M Mar 21, 2024 | 131 | $0 of $65.0M | Oct 26, 2021 |
| Jack Altman Fund, L.P. | Fund | unknown | Unknown | $32.2M Mar 21, 2024 | 205 | $0 of $20.0M | Dec 31, 2020 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
1 current, 0 departed
Jack Altman
PartnerManaging Director · since Jan 1, 2021
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Mar 21, 2024ALT Capital I, L.P. first reported on Form ADV by Altman Capital Management, LLC (Venture Capital Fund), GAV $151,515,151Fund first reported on Form ADVFundsFactALT Capital I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2023Jack Altman Fund Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2023Jack Altman Fund, L.P. first reported on Form ADV by Jack Altman Fund Management, LLC (Venture Capital Fund), GAV $36,467,820Fund first reported on Form ADVFundsFactJack Altman Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2023Jack Altman Holdings I, L.P. first reported on Form ADV by Jack Altman Fund Management, LLC (Venture Capital Fund), GAV $3,884,408Fund first reported on Form ADVFundsFactJack Altman Holdings I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 22, 2023Altman Capital Fund II, L.P. first reported on Form ADV by Jack Altman Fund Management, LLC (Venture Capital Fund), GAV $81,681,387Fund first reported on Form ADVFundsFactAltman Capital Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $266M across 4 vehicles
Evidence
34 observations from 3 sources