AltX
AltX is a cloud-based hedge fund intelligence and collaboration platform that synthesizes unstructured data, machine learning, and behavioral analytics to help institutional allocators, investment banks, and service providers discover, analyze, and monitor hedge funds.
- Company typePrivate
- Founded2014
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What AltX does
AltX is a cloud-based, two-sided intelligence and collaboration platform that serves firms servicing, targeting, and investing in hedge funds. The platform aggregates and synthesizes large unstructured datasets—trading data, regulatory filings, news, social profiles, behavioral signals, and relationship data—applying machine learning, proprietary algorithms, behavioral science, and traditional financial analytics to produce actionable intelligence on the hedge fund market. Its core product is organized around modular capabilities: Discovery (peer grouping, people search, advanced screening, connectivity mapping, financial data analysis), Analysis (peer group analysis, targeted news, fund details, structure and DNA analysis, hedge fund benchmarking), Monitoring (fund-list alerts, regulatory filing updates, customized news), and Workflow Productivity (notes, document management, collaboration). A flagship module, AltX Estimates, delivers monthly performance estimates for 200 non-disclosing funds and covers 80% of the "Billion Dollar Club," marketed as the broadest transparency layer available across the hedge fund market.
The company serves five primary institutional segments: investment banks (capital introduction, prime services, alternatives analytics), asset managers (fund selection, portfolio construction, due diligence), wealth managers (alternative allocation for client portfolios), hedge funds (market intelligence, competitive positioning, investor relations), and service providers/consultants (client sourcing, research). Go-to-market is enterprise field sales through a "Request Demo" motion, complemented by embedded distribution agreements—most notably an exclusive partnership with Northern Trust and an integration into BNY Mellon's Pershing NETX360 Alternative Investment Center. Revenue is generated through quote-based enterprise SaaS subscriptions; pricing is not publicly disclosed.
AltX is a privately held, venture-backed company headquartered in San Francisco, California (with an additional address in Mountain View). It has attracted a syndicate of financial-insider investors including Wells Fargo (Series A lead), ValueAct, Whitebox, Wildcat Capital (David Bonderman), Control Empresarial de Capitales (Carlos Slim), Partner Fund Management (Chris James), Bonanza Capital, Falcon Fund, and Cowen Group. Notable customers and partners include Jefferies, Cowen Group, Pershing (BNY Mellon), and Northern Trust. The company earned an Financial Times ranking of #20 among disruptive startups in 2014.
AltX firmographics
Firmographics- Name
- AltX
- Legal name
- AltX
- Website
- https://getaltx.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AltX is a cloud-based hedge fund intelligence and collaboration platform that synthesizes unstructured data, machine learning, and behavioral analytics to help institutional allocators, investment banks, and service providers discover, analyze, and monitor hedge funds.
- Ownership category
- akta.pro rank
AltX industry classification
Industry- Product category
- Hedge Fund Intelligence Platform
- NAICS
- Web Search Portals, Libraries, Archives, and Other Information Services (519), Web Search Portals and All Other Information Services (519290)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)
Keywords
Where AltX is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
AltX business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based access to the AltX hedge fund intelligence platform providing data, analytics, and workflow tools for institutional investors and service providers
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
AltX product offering
Product offeringCore offering
AltX is a cloud-based, two-sided data, intelligence, and collaboration platform serving firms that service, target, and invest in hedge funds. It synthesizes large unstructured data sets (trading data, regulatory filings, social profiles, behavioral finance signals) and triangulates disparate sources to provide hedge fund discovery, analysis, monitoring, and workflow productivity tools for institutional investors and service providers.
Product overview
AltX offers a unified platform-as-a-product architecture centered on the AltX Platform as its core intelligence solution. The platform comprises integrated modules including Discovery (peer grouping, screening, connectivity), Analysis (peer analysis, benchmarking, fund details), Monitoring (alerts, regulatory filings, news), and Workflow Productivity (notes, docs, collaboration). A notable feature module, AltX Estimates, provides monthly performance estimates for opaque funds. The platform is designed for investment banks, asset managers, wealth managers, service providers, and hedge funds, combining machine learning, behavioral science, and traditional analytics to serve the hedge fund capital introduction and due diligence market.
Differentiator
Problem solved
Functional benefit
Products and services
- AltX Platform
Quantifiable outcome
- 80% coverage of Billion Dollar Club hedge funds with return data
- +1 more outcomes
Companies that use AltX
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
AltX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature5 records
AltX partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and major.
- Pershing (BNY Mellon)corePershing, the clearinghouse subsidiary of The Bank of New York Mellon, partnered with AltX to integrate hedge fund market data into the NETX360 platform's Alternative Investment Center, helping advisors make better informed investment decisions.
- Northern TrustcoreNorthern Trust entered into an exclusive agreement with AltX to offer global institutional clients access to the largest ever amount of structured and unstructured data for hedge funds on one platform, combining Northern Trust's asset servicing platform with AltX's intelligence tool.
- JefferiesmajorJefferies joined AltX's growing list of investment bank clients, using the platform for alternatives analytics and capital introduction services.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
AltX competitors and assessment
Company assessmentEmerging players
- Backstop Solutions: Backstop provides workflow, CRM, and investor relations software for hedge funds and institutional investors, overlapping with AltX's workflow productivity and capital introduction tools.
Broad incumbents
- FactSet: FactSet provides integrated financial data, analytics, and portfolio workflow tools to institutional investors — overlapping with AltX's discovery, analysis, and monitoring functionality for hedge fund allocators.
- Bloomberg: Bloomberg Terminal and Bloomberg Intelligence provide comprehensive hedge fund data, analytics, and capital introduction workflows to institutional clients — a broad incumbent whose terminal ecosystem overlaps with AltX's institutional buy-side and sell-side use cases.
- London Stock Exchange Group (LSEG) / Refinitiv: LSEG (through Refinitiv) offers broad financial data, analytics, and workflow tools — including hedge fund intelligence products — that compete with AltX across the institutional investor workflow.
- Morningstar (including PitchBook and Morningstar Direct): Morningstar offers institutional investment data, due diligence, and alternatives research platforms that overlap with AltX's hedge fund discovery and due diligence use cases for asset managers and wealth managers.
Direct peers
- HedgeFund Intelligence (HFI): HFI provides hedge fund databases, performance tracking, and industry intelligence. Notably, HFI is both an AltX partner (data integration) and a direct competitor in hedge fund market intelligence.
- BarclayHedge: BarclayHedge provides hedge fund databases, performance tracking, and indices serving institutional allocators — a directly comparable peer in hedge fund intelligence and benchmarking.
- PivotalPath: PivotalPath is a hedge fund intelligence and performance analytics platform providing monthly performance estimates for hedge funds — closely mirroring AltX Estimates' value proposition of transparency on non-disclosing funds.
- eVestment (a Nasdaq company): eVestment provides institutional investment data and analytics for asset managers and allocators, including detailed hedge fund and alternatives data — directly comparable to AltX's intelligence and benchmarking focus.
- Hedge Fund Research (HFR): HFR is a leading provider of hedge fund indices, performance data, and intelligence — directly comparable to AltX's hedge fund performance estimates and benchmarking analytics serving institutional allocators.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AltX social profiles
Digital presenceAltX financial estimates
Financial estimateRevenue estimate
Valuation estimate
AltX leadership team
Management profileNumber of profiles
Profiles5 records
AltX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AltX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AltX
What does AltX do?
AltX is a cloud-based, two-sided data, intelligence, and collaboration platform serving firms that service, target, and invest in hedge funds. It synthesizes large unstructured data sets (trading data, regulatory filings, social profiles, behavioral finance signals) and triangulates disparate sources to provide hedge fund discovery, analysis, monitoring, and workflow productivity tools for institutional investors and service providers.
Is AltX a public or private company?
AltX is a private company. It is classified as venture growth investor backed and is currently operating.
When was AltX founded?
AltX was founded in 2014. It employs 11 to 50 people.
Where is AltX based?
AltX is headquartered in San Francisco, United States, in the North America region.
How does AltX make money?
One revenue line is on record: saaS Platform Subscription.
Who are AltX's main competitors?
Backstop Solutions is listed as an emerging player. Broad incumbents are FactSet, Bloomberg, London Stock Exchange Group (LSEG) / Refinitiv and Morningstar (including PitchBook and Morningstar Direct). Direct peers are HedgeFund Intelligence (HFI), BarclayHedge, PivotalPath, eVestment (a Nasdaq company) and Hedge Fund Research (HFR).
Does AltX have an API?
No public API is recorded for AltX.
What industry is AltX in?
AltX's product category is Hedge Fund Intelligence Platform. Its primary akta.pro industry code is FSAGAEAL, Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access). Its NAICS code is 519 and its SIC code is 6282.