Altai Ventures

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	Aboon	$18.0M Seed	—	Bain Capital Ventures, DVx Ventures, Flourish Ventures, QBE Ventures
Sep 1, 2025	Reserv	$16.0M Series B	—	Alumni Ventures, Bain Capital Ventures, Beat Ventures, DVx Ventures, Flourish Ventures, Greylock, Lightspeed India Partners, Madrona Ventures, Montage Ventures, QBE Ventures, Social Capital, Trucks Venture Capital, True Ventures, Upfront Ventures, Allison Pickens (Allison Pickens Ventures), Do Kwon, Josh Elman, Marc Benioff
Jun 1, 2025	Reserv	$25.0M Series B	—	Alumni Ventures, Bain Capital Ventures, Beat Ventures, DVx Ventures, Flourish Ventures, Greylock, Lightspeed India Partners, Madrona Ventures, Montage Ventures, QBE Ventures, Social Capital, Trucks Venture Capital, True Ventures, Upfront Ventures, Allison Pickens (Allison Pickens Ventures), Do Kwon, Josh Elman, Marc Benioff
Apr 1, 2025	Eyeball Games	$3.0M Seed	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Jul 1, 2024	Haruko	$6.0M Series A	—	10X Capital, 2.12 Angels, Anthemis Group, Jean de Fougerolles, Balderton Capital, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, MMC Ventures, Morpheus Ventures, Outrun Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Feb 1, 2024	Hadrian	$92.0M Series B	—	11k Ventures, 1435 Capital Management, 2045 ventures, 2048 Ventures, 305 Ventures, 8090 Industries, 8VC, Afore Capital, Also Capital, Alumni Ventures, Andreessen Horowitz, Atomic, Ballistic Ventures, Better Tomorrow Ventures, Bolt, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, Daft Capital, Drive Capital, E1 Ventures, Felicis Ventures, Floodgate, Founders Fund, General Catalyst, Goat Capital, Good Growth Capital, Lux Capital, One Way Ventures, Paradox Capital, Picus Capital, Prime Movers Lab, Ravelin Capital, Saga, SpaceFund, Stash Ventures, Stellar Capital, Techstars, The Hit Forge, Tribe Capital, Virginia Venture Partners, Y Combinator, Zigg Capital, Alex Adelman, Austin Ogilvie, Dylan Taylor, Emil Lee, Gokul Rajaram, Harry Hurst, Joao Otavio Oliverio, Joshua Reeves, Justin Mateen, Kirill Silkin, Koen Koeppen, Leonardo DiCaprio, Louis Beryl, Mark Cuban, Mattia Astori, Natasha Ahmed, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Sung ho Choi, Thomas Tull, Vineet Jain, Vivek Patel, William Miller, Zachary Hargreaves
Jan 1, 2024	Rainbow	$12.0M Seed	—	Arbor Ventures, Caffeinated Capital, Fabric Ventures, Moonfire Ventures, Paradigm, Renegade Partners, Robot Ventures, Rand Hindi
Oct 1, 2023	Overstory	$14.0M Series A	—	10X Capital, 2.12 Angels, Afore Capital, Jean de Fougerolles, Autotech Ventures, B Capital Group, Bling Capital, Clocktower Technology Ventures, Coinbase Ventures, Concrete Rose Capital, Convective Capital, Equity Alliance, Flexcap, FPV Fund, Human Capital, Humba Ventures, INBlockchain, Khosla Ventures, Magma Partners, Morpheus Ventures, Moxxie Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ribbit Capital, Tuesday Capital, White Star Capital, Anthony Pompliano, Arjan Dijk, Bobby Lo, Faizan Khan (Unchained Capital), Gopi Kallayil, Mark Cuban, Mei Z., Rikard Steiber, Tikhon Bernstam, Vivek Garipalli
Oct 1, 2023	Reserv	$20.0M Series A	—	Bain Capital Ventures, DVx Ventures, Flourish Ventures, Madrona Ventures, QBE Ventures, Allison Pickens (Allison Pickens Ventures), Marc Benioff
Jul 1, 2023	Eyeball Games	$2.0M Seed	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
May 1, 2023	Figure	$70.0M Series A	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z., Rich Nelson
May 1, 2023	Cork	$6.0M Seed	—	Bain Capital Ventures, DVx Ventures, Flourish Ventures, QBE Ventures
Nov 1, 2022	Overstory	$5.0M Seed	—	10X Capital, 2.12 Angels, Afore Capital, Jean de Fougerolles, Autotech Ventures, B Capital Group, Bling Capital, Clocktower Technology Ventures, Coinbase Ventures, Concrete Rose Capital, Convective Capital, Equity Alliance, Flexcap, FPV Fund, Human Capital, Humba Ventures, INBlockchain, Khosla Ventures, Magma Partners, Morpheus Ventures, Moxxie Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ribbit Capital, Tuesday Capital, White Star Capital, Anthony Pompliano, Arjan Dijk, Bobby Lo, Faizan Khan (Unchained Capital), Gopi Kallayil, Mark Cuban, Mei Z., Rikard Steiber, Tikhon Bernstam, Vivek Garipalli
Jul 1, 2022	Reserv	$8.0M Seed	—	Alkeon Capital, AME Cloud Ventures, Bain Capital Ventures, Dragoneer Investment Group, DVx Ventures, Flourish Ventures, Hanabi Capital, Hardware Club, Madrona Ventures, QBE Ventures, Storm Ventures, Allison Pickens (Allison Pickens Ventures), Anshu Sharma, Marc Benioff
Jul 1, 2022	Gemini Sports Analytics	$2.0M Seed	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Mar 1, 2022	Haruko	$10.0M Seed	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Portage Ventures, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Mar 1, 2022	Hadrian	$90.0M Series A	—	Afore Capital, Also Capital, Alumni Ventures, Andreessen Horowitz, Atomic, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, Daft Capital, Felicis Ventures, Floodgate, Founders Fund, Lux Capital, Matter Venture Partners, Paradox Capital, Picus Capital, Ravelin Capital, Saga, Sozo Ventures, Stash Ventures, Stellar Capital, The Hit Forge, Virginia Venture Partners, Zigg Capital, Alex Adelman, Austin Ogilvie, Harry Hurst, Joao Otavio Oliverio, Justin Mateen, Koen Koeppen, Leonardo DiCaprio, Mattia Astori, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Vineet Jain, William Miller
Dec 1, 2021	Kueski	$100.0M Series C	—	10X Capital, 2.12 Angels, Accel, Jean de Fougerolles, B Capital Group, Coatue, Coinbase Ventures, Cometa, Endeavor Catalyst, Equity Alliance, Felicis Ventures, Flexcap, Flex Capital, GAIN, Human Augmentation Syndicate, INBlockchain, Lightspeed India Partners, Magma Partners, Morpheus Ventures, Pareto Holdings, Shailendra Singh, Preston-Werner Ventures, Recharge Capital, Revel Partners, Richmond Global Ventures, Todd and Rahul's Angel Fund, Tuesday Capital, White Star Capital, Y Combinator, Anthony Pompliano, Augusto Marietti, Ben Tossell, Christopher Golda, Faizan Khan (Unchained Capital), Kevin Weil, Mei Z., Scott Belsky
Jul 1, 2021	Phantom	$9.0M Series A	—	AngelList Syndicator, Caffeinated Capital, Entrepreneur First, Exponent Founders Capital, FirstMark Capital, Redalpine Venture Partners, Robot Ventures, Vibe Capital, Zigg Capital, Andreas Bodczek, Tony Sheng
Jul 1, 2021	Archipelo	$8.0M Seed	—	10X Capital, 2.12 Angels, Andreessen Horowitz, Jean de Fougerolles, B Capital Group, Blockchain.com Ventures, Bonfire Ventures, Coinbase Ventures, Correlation Ventures, Electric Capital, Equity Alliance, Evolve VC, Flexcap, Forum Ventures, Founders Fund, F Prime Capital, Hack VC, Haun Ventures, INBlockchain, Kindred Ventures, La Famiglia, Lowercarbon Capital, Magma Partners, Maven Ventures, Morpheus Ventures, MS&AD Ventures, Offline Ventures, Oyster Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ridge Ventures, Saga, Seven Seven Six, Surface Ventures, SV Angel, Tuesday Capital, Valar Ventures, Visionaries Club, White Star Capital, Y Combinator, Anthony Pompliano, Curtis Lee, Drew Houston, Faizan Khan (Unchained Capital), Frederic Kerrest, George Burke, Mei Z., Varsha Rao
May 1, 2021	Collectable	$6.0M Series A	—	10X Capital, 2.12 Angels, Alven, Amplo, Jean de Fougerolles, Bain Capital Ventures, B Capital Group, Bond, Coinbase Ventures, Equity Alliance, Fifth Down Capital, Flexcap, Founders' Co-op, Friends & Family Capital, Global Founders Capital, INBlockchain, Index Ventures, Long Journey Ventures, Magma Partners, Morpheus Ventures, Pareto Holdings, Radical Ventures, Recharge Capital, Revel Partners, Sinai Ventures, Staenberg Venture Partners, Tuesday Capital, White Star Capital, Y Combinator, Charlie Songhurst, Faizan Khan (Unchained Capital), Mei Z., Scott Banister
Dec 1, 2020	Linear	$13.0M Series A	—	01 Advisors, 10X Capital, 1984 Ventures, 20VC, 2.12 Angels, Accel, Adverb Ventures, AirAngels, Alumni Ventures, Andreessen Horowitz, AngelList, Jean de Fougerolles, Awesome People Ventures, Basecamp Fund, B Capital Group, BoxGroup, Buckley Ventures, Chapter One Ventures, Coinbase Ventures, David Namdar, Ali Tamaseb, Divergence Ventures, Earl Grey Capital, Equity Alliance, Essence VC, Flexcap, Form Capital, Founder Collective, Future Ventures, Greylock, Ground Up Ventures, Gutter Capital, Haun Ventures, Helium-3 Ventures, H.I.G. Capital, INBlockchain, Indicator Ventures, Jude Gomila Rolling Fund, Kearny Jackson, LGF, Lightspeed Venture Partners, Liquid 2 Ventures, Long Journey Ventures, Ludlow Ventures, M12, Magma Partners, Matrix, Meritech Capital Partners, Morpheus Ventures, NEO, Next47, Next Play Ventures, Norwest Venture Partners, Hans Tung, Otherwise Fund, Owl Rock Capital Partners, Paradigm, Pareto Holdings, Quiet Capital, Recharge Capital, Redpoint Ventures, Revel Partners, Rivet Ventures, Scale Asia Ventures, Sequoia Capital, Shrug Capital, Slack Fund, SNR, Solana Ventures, Tuesday Capital, Tusk Venture Partners, Unruly Capital, UpHonest Capital, White Star Capital, WorkLife Ventures, Y Combinator, YLEM, Akshay Kothari, Amjad Masad, Anthony Pompliano, Arash Ferdowsi, Armando Mann, Augusto Marietti, Barry X Lynn, Christian Reber, Claire Hughes Johnson, Drew Houston, Dylan Field, Evan Williams, Faizan Khan (Unchained Capital), Fidji Simo, Howie Liu, Immad Akhund, Jack Smith, Jeff Morris, Kenny Van Zant, KV Rao, Matt Bellamy, Mei Z., Mike Krieger, Moshe Lifschitz, Neil Parikh, Paul McKellar, Ron Pragides, Ryan Sarver, Ryan Tedder, Sanket Parekh, Scott Belsky, Scott Heiferman, Shane Curran, Stewart Butterfield, Sumon Sadhu
Sep 1, 2020	Buzzer	$4.0M Seed	—	10X Capital, 2.12 Angels, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Equity Alliance, Flexcap, Fusion VC, INBlockchain, Lerer Hippeau, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Sapphire Ventures, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z., Tim McSweeney, Todd McSweeney
Jan 1, 2020	Percent	$4.0M Seed	—	01 Advisors, 2.12 Angels, 75 & Sunny, Amplify Partners, Betaworks Ventures, BoxGroup, Catapult Capital, Coatue, Costanoa Ventures, Craft Ventures, Equity Alliance, G20 Ventures, Kleiner Perkins, KRM Interests LLC, Obvious Ventures, Off the Grid Ventures, Picus Capital, Relay Ventures, Revel Partners, Sweet Capital, Thirty Five Ventures, True Ventures, Tuesday Capital, Unchained Capital, Inc., UpHonest Capital, Christian Oestlien, Chung Ng, Logan Paul, Mark Cuban, Mark Wahlberg, Varsha Rao
Jan 1, 2019	Percent	$2.0M Seed	—	Coinbase Ventures, INBlockchain

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Altai Ventures.

Leadership Team

Key people at Altai Ventures.

Deep Dive

High-Level Overview

Altai Ventures is an early-stage venture capital firm specializing in investing in innovative startups primarily within the financial services sector, with a strong focus on fintech, insurtech, enterprise software, AI, blockchain, and health tech. Their mission is to empower visionary founders to reinvent financial services through technology and innovative business models. Altai Ventures typically invests in Seed and Series A rounds, providing both capital and strategic support to help startups scale and succeed. Their portfolio includes companies like Authentic Insurance, Reserv, Rainbow, and Upfort, reflecting a commitment to transformative financial technology solutions[1][2][3].

Origin Story

Founded in 2021 and headquartered in Connecticut, Altai Ventures was established by Oleg Ilichev, who serves as Founder and Managing Partner. The firm was created to back bold founders building transformative fintech companies, evolving its focus to include insurtech and enterprise software related to financial services. Over time, Altai has expanded its fund sizes and investor base, closing its second fund with $53 million in commitments from leading financial and institutional limited partners, including Bain Capital Ventures and Century Equity Partners. This growth reflects the firm’s increasing influence and specialization in the financial technology ecosystem[3][4].

Core Differentiators

Specialized Investment Focus: Concentrates exclusively on early-stage fintech, insurtech, and enterprise software companies related to financial services, enabling deep domain expertise.
Stage Agnostic but Seed and Series A Focus: Invests across early stages but with a sweet spot in Seed and Series A rounds, allowing meaningful operational involvement.
Strong Strategic LP Network: Backed by prominent financial and institutional limited partners, providing portfolio companies with valuable industry connections.
Operating Expertise: Offers hands-on support leveraging deep industry knowledge to drive immediate value creation.
Incubation Capability: Actively incubates businesses addressing unmet market needs, such as Reserv, a claims administrator using AI and automation to streamline insurance claims[3].

Role in the Broader Tech Landscape

Altai Ventures rides the wave of digital transformation in financial services, particularly the rise of fintech and insurtech innovations that leverage AI, blockchain, and automation. The timing is critical as traditional financial institutions seek modernization and startups disrupt legacy models with technology-driven solutions. Market forces such as regulatory changes, consumer demand for digital services, and increasing investment in enterprise software create a favorable environment for Altai’s portfolio companies. By focusing on early-stage ventures, Altai plays a pivotal role in shaping the future of financial services and accelerating innovation within the broader ecosystem[1][3].

Quick Take & Future Outlook

Looking ahead, Altai Ventures is positioned to deepen its impact by continuing to back transformative fintech and insurtech startups, potentially expanding its geographic reach and fund size. Trends such as AI-driven automation, decentralized finance (DeFi), and embedded insurance will likely shape their investment focus. As financial services evolve rapidly, Altai’s blend of capital, industry expertise, and strategic partnerships will enhance its influence, helping founders navigate complex market dynamics and scale disruptive technologies. Their commitment to “greatness is a choice” underscores a forward-looking philosophy centered on empowering visionary entrepreneurs to redefine financial services[3][5].

Sources

High-Level Overview

Origin Story

Core Differentiators

Specialized Investment Focus: Concentrates exclusively on early-stage fintech, insurtech, and enterprise software companies related to financial services, enabling deep domain expertise.
Stage Agnostic but Seed and Series A Focus: Invests across early stages but with a sweet spot in Seed and Series A rounds, allowing meaningful operational involvement.
Strong Strategic LP Network: Backed by prominent financial and institutional limited partners, providing portfolio companies with valuable industry connections.
Operating Expertise: Offers hands-on support leveraging deep industry knowledge to drive immediate value creation.
Incubation Capability: Actively incubates businesses addressing unmet market needs, such as Reserv, a claims administrator using AI and automation to streamline insurance claims[3].