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Altimetrik receives a significant strategic investment from TPG to accelerate growth and innovation.

Jun 27, 2024•about 1 year ago
SouthfieldInformation TechnologySoftware

Investors

Tpg, A Leading Global Alternative Asset Firm

Description

Altimetrik has signed a definitive agreement for TPG to make a majority investment in the company. The new partnership with TPG will enhance Altimetrik’s brand and support its goal of reaching $1 billion in annual revenue within the next three years.

Company Information

Company

Altimetrik

Location

Southfield, Michigan, United States

About

Altimetrik is a pure-play digital business services company focused on delivering business outcomes with an agile, product-oriented approach. The company's team of 6,000+ practitioners with software, data, and cloud engineering skills help create a culture of innovation and agility that optimizes team performance, modernizes technology, and builds new business models.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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