About Altira Group
We provide venture capital funding for technology products and advantaged service offerings to help meet the modern and complex challenges of today’s oil and gas industry.
We typically invest in venture/growth-equity-stage companies that are generating revenue and have a clear sight of profitability. We prefer to be the lead investor, and we look for the following key qualities in a business:
-Compelling Value Proposition
The oil and gas industry can be slow to embrace change. Altira is looking for new technology products and advantaged service offerings that provide a significant, measurable improvement over the status quo.
-Significant Markets & Return Potential
We carefully evaluate and scrutinize every business opportunity. We are looking to work with companies that demonstrate substantial addressable markets and provide attractive return potential.
-Competitive Advantage
We prefer to invest in companies whose:
-Proprietary technology, business process, or platform provides them with a sustainable competitive advantage.
-Intellectual property represents their core competency and is accordingly protected by patents, copyrights, trade secrets, or other methods.
People
- Dirk McDermott, Managing Parter
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