Altos Ventures

The company operates an institutional venture capital and private funds management model. It raises closed‑end limited partnership vehicles from institutional and professional limited partners, then allocates that capital into private companies, including via geography‑specific funds such as Korea Opportunity Funds. Value is created by sourcing, selecting, and managing a concentrated portfolio of investments, supporting portfolio companies over the long term, and realising exits or secondary transactions that generate capital gains. The firm captures a share of this value via management and performance fees while LPs receive the residual net returns.

Altos.vc (Altos Ventures Management, Inc.) is a United States–based venture capital firm and SEC-registered investment adviser that manages multi‑billion‑dollar closed‑end funds. It raises capital from institutional and professional investors and deploys it into technology and consumer companies, including dedicated vehicles focused on South Korea such as the Altos Korea Opportunity Funds.

The firm earns management and performance fees for managing these limited partnership funds and executing primary and secondary equity investments in portfolio companies. Its direct customers are limited partners (e.g. pensions, endowments, family offices) that commit capital to its funds; portfolio companies receive investment capital rather than purchasing a product or service.