What does iAltA Holdings do?
iAltA Holdings is a private markets infrastructure company that develops comprehensive platform solutions to help market participants manage their investments more efficiently. The company focuses on streamlining workflows and providing actionable insights to enable robust fund operations.
How much did they raise?
The firm raised $20M in an initial funding round led by WestCap. This injection of capital supports its strategic plan of establishing multiple subsidiaries through acquiring technology companies, retooling and integrating products, and broadening its service offerings.
What are their plans for the money?
With the new funds, iAltA Holdings plans to acquire technology companies, retool and integrate products, and accelerate innovation through strategic partnerships. These steps are expected to enhance its platform solutions and further empower General Partners in executing transactions and managing cash flows.
What have they achieved so far?
Already making strides in its mission, iAltA Holdings launched its first platform solution, iAltA Private Markets, which streamlines transaction processes and fund operations, marking a significant achievement in its journey toward transforming private markets infrastructure.
