Altos Ventures

Founded in 1996, Altos Ventures is a venture capital firm headquartered in Menlo Park, California with an additional office in Seoul, South Korea. It specializes in early-stage investments in consumer and technology companies, focusing on enterprise SaaS, FinTech, e-commerce, and consumer brands and services. The firm invests globally, with a particular interest in North America, Asia, and Latin America.

James Dai

Partner

Brittany Hargest

Partner

Haemin Jeong

Associate

Dillon Krasnigor

Executive, Investment Team

Zac Mohring

Principal

Hodong Nam

Managing Director

Catherine Shin

Investor

Tae Yoon

Partner

Past deals in Procurement

Lightyear

Series B in 2024
Lightyear AI, Inc. is a developer of an online platform that streamlines the procurement and management of information technology infrastructure for businesses. Founded in 2019 and headquartered in Albany, New York, the company offers a range of services including Internet connectivity, managed Wi-Fi, SD-WAN, and multi-location connectivity, alongside hardware installation and network maintenance. Its platform provides users with tools to navigate the entire IT buying process, from contract signing to renewals, while also incorporating features like switch analysis to enhance decision-making. By automating procurement processes and facilitating the management of service contracts, Lightyear aims to help businesses save time and reduce costs associated with acquiring and maintaining IT infrastructure.

Candex

Series B in 2023
Candex is a global enterprise procurement platform that simplifies tail spend management. It enables organizations to efficiently engage with low-risk suppliers, automate invoice reconciliation, integrate with existing ERP systems, and gain real-time visibility into spend data. Candex operates across borders and currencies, ensuring compliance while streamlining procurement operations.

Candex

Series A in 2022
Candex is a global enterprise procurement platform that simplifies tail spend management. It enables organizations to efficiently engage with low-risk suppliers, automate invoice reconciliation, integrate with existing ERP systems, and gain real-time visibility into spend data. Candex operates across borders and currencies, ensuring compliance while streamlining procurement operations.

Candex

Series A in 2021
Candex is a global enterprise procurement platform that simplifies tail spend management. It enables organizations to efficiently engage with low-risk suppliers, automate invoice reconciliation, integrate with existing ERP systems, and gain real-time visibility into spend data. Candex operates across borders and currencies, ensuring compliance while streamlining procurement operations.

Provade

Venture Round in 2008
Provade, Inc. is a provider of enterprise vendor management systems focused on workforce management and procurement. Established in 2004 and headquartered in Milwaukee, Wisconsin, with additional offices in Pleasanton, California; Highworth, United Kingdom; and Sydney, Australia, the company serves medium to large enterprises across various sectors, including technology, finance, and manufacturing. Provade specializes in contingent workforce management and offers a suite of services such as identity management, implementation, training, support, and managed services. Its solutions are built around Oracle's enterprise platform, enabling organizations to improve efficiency, gain visibility, and achieve measurable savings in contingent labor and procurement processes. The company also provides subscription-based applications that integrate with existing financial and HR systems, along with professional services to enhance procurement strategies. As of early 2018, Provade operates as a subsidiary of Smart ERP Solutions Inc.

Provade

Series C in 2006
Provade, Inc. is a provider of enterprise vendor management systems focused on workforce management and procurement. Established in 2004 and headquartered in Milwaukee, Wisconsin, with additional offices in Pleasanton, California; Highworth, United Kingdom; and Sydney, Australia, the company serves medium to large enterprises across various sectors, including technology, finance, and manufacturing. Provade specializes in contingent workforce management and offers a suite of services such as identity management, implementation, training, support, and managed services. Its solutions are built around Oracle's enterprise platform, enabling organizations to improve efficiency, gain visibility, and achieve measurable savings in contingent labor and procurement processes. The company also provides subscription-based applications that integrate with existing financial and HR systems, along with professional services to enhance procurement strategies. As of early 2018, Provade operates as a subsidiary of Smart ERP Solutions Inc.

Provade

Series A in 2006
Provade, Inc. is a provider of enterprise vendor management systems focused on workforce management and procurement. Established in 2004 and headquartered in Milwaukee, Wisconsin, with additional offices in Pleasanton, California; Highworth, United Kingdom; and Sydney, Australia, the company serves medium to large enterprises across various sectors, including technology, finance, and manufacturing. Provade specializes in contingent workforce management and offers a suite of services such as identity management, implementation, training, support, and managed services. Its solutions are built around Oracle's enterprise platform, enabling organizations to improve efficiency, gain visibility, and achieve measurable savings in contingent labor and procurement processes. The company also provides subscription-based applications that integrate with existing financial and HR systems, along with professional services to enhance procurement strategies. As of early 2018, Provade operates as a subsidiary of Smart ERP Solutions Inc.

OutPurchase

Series C in 2000
OutPurchase mission is to provide a comprehensive outsourced procurement function for small and midsize businesses.
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