Alter Global

What is Alter Global?

Alter Global is a San Francisco-based venture capital firm that focuses on investing in tech ventures across emerging markets, specifically in Asia, Africa, and the Americas.

They have a presence in 14 countries and have built a portfolio showcasing a commitment to catalyzing emerging tech ecosystems. The investment thesis of Alter Global centers around the belief that tech unicorns have the power to create jobs, improve standards of living, and usher in transformative change at a national level. They invest early in companies they see as future success stories, led by founders who are set to become role models within their regions.

These businesses are ones that can spawn 'Mafias' similar to the 'PayPal Mafia' in Silicon Valley, where a single success story leads to a cascading effect of new investments and the creation of new unicorns within the tech ecosystem. Alter Global's approach isn't just providing capital; they aim to save their portfolio companies employee hours through the assistance of Alter Fellows.

The firm operates with a 'Higher Purpose,' positioning itself as a venture capital firm that can influence positive socioeconomic outcomes through strategic investments in technology-driven businesses. They venture boldly into markets where they believe they can not only generate financial returns but also create a significant impact by helping to develop the local tech scenes.

Currently, Alter Global's involvement in emerging markets includes 35 portfolio companies and extends across 13 cities. They take pride in the operational support offered to their investments, which is quantified by a notable figure of 500 employee work hours saved per company.

What they say:

We are a venture capital firm focusing on global emerging markets.

What we look for: We invest in early-stage edtech, fintech, and logistics companies within emerging markets globally.