Altira Group

Altira Group is a private equity and venture capital firm based in Denver, Colorado, founded in 1996 by Dirk McDermott. The firm specializes in investing in oil and gas service and technology companies, focusing on businesses that demonstrate a competitive advantage in these sectors. Altira collaborates with a select group of U.S. super-independent oil and gas companies, which provide valuable insights during the investment process and support the growth of portfolio companies by acting as significant customers. As a Registered Investment Adviser, Altira Group aims to drive innovation and efficiency within the energy industry through its targeted investments.

Sean Ebert

Senior Partner

Marc Gulley

CFO

Dirk McDermott

Founder and Managing Partner

J.P. Bauman

Partner

41 past transactions

IOTA Software

Series A in 2024
IOTA Software specializes in data visualization solutions that facilitate connections among people, assets, and manufacturing processes. The company offers process visualization software and extended reality (XR) tools that integrate physical and digital environments. With a team experienced in the industrial process manufacturing sector, IOTA Software aims to address the demands of the rapidly evolving manufacturing industry by enhancing operational efficiency and enabling better decision-making through innovative visualization techniques.

Stendorren Fastigheter

Post in 2024
Stendorren Fastigheter is a Sweden-based real estate company that specializes in the development, ownership, and management of industrial, logistical, and warehouse facilities, as well as office spaces. The company operates primarily in the Greater Stockholm and Mälardalen regions, with a portfolio of properties located in areas such as Högdalen, Veddesta, Upplands-Bro, Rosersberg, Enköping, Flen, and Eskilstuna. Stendorren Fastigheter focuses on providing adequate and suitable spaces to its tenants under competitive lease terms, ensuring that its facilities meet the needs of a diverse range of businesses in the logistics and industrial sectors.

Seeq

Series D in 2024
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.

FlexGen

Venture Round in 2021
FlexGen Power Systems, Inc. specializes in the development and manufacture of energy storage and hybrid power products, including solid state generators, power converters, and software control units. Founded in 2014 and based in Houston, Texas, the company focuses on providing innovative solutions that enhance the performance and reliability of energy systems for industrial clients, utilities, and government agencies. FlexGen's offerings include advisory services, operational maintenance, frequency regulation, and grid support, facilitating the integration of energy storage technologies with both traditional and renewable power generation. By working closely with advanced battery and capacitor manufacturers, FlexGen aims to optimize energy management, reduce electricity costs, and support the effective deployment of utility-scale storage projects worldwide.

Seeq

Series C in 2021
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.

Seeq

Series B in 2020
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.

ThoughtTrace

Venture Round in 2020
ThoughtTrace™ exists to empower people and companies to greater insight and creativity through better access to their most challenging information. We help enterprises review and validate critical information in existing contracts and legal documents. Using artificial intelligence (AI), natural language processing, and machine learning, our SaaS platform, ALI™ reads words, sentences, and paragraphs just like a human does, driving better strategy, decisions, and execution. With results in minutes or hours, not weeks or months, advanced analysis and understanding is your edge.

Seeq

Series B in 2019
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.

Seeq

Series B in 2018
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.

ResFrac

Seed Round in 2018
ResFrac Corporation develops hydraulic fracturing and reservoir simulation software tailored for the exploration and production industry. Founded in 2018 and headquartered in Palo Alto, California, the company offers a comprehensive solution that models the entire well lifecycle, from treatment to production. Its software enables clients to simulate multi-phase flow and long-term fluid production, allowing for accurate predictions of fracture geometry and proppant placement during fluid injection. In addition to its software offerings, ResFrac provides professional services that leverage its technology, enhancing the operational efficiency and capital returns for upstream oil and gas producers.

FlexGen

Series A in 2015
FlexGen Power Systems, Inc. specializes in the development and manufacture of energy storage and hybrid power products, including solid state generators, power converters, and software control units. Founded in 2014 and based in Houston, Texas, the company focuses on providing innovative solutions that enhance the performance and reliability of energy systems for industrial clients, utilities, and government agencies. FlexGen's offerings include advisory services, operational maintenance, frequency regulation, and grid support, facilitating the integration of energy storage technologies with both traditional and renewable power generation. By working closely with advanced battery and capacitor manufacturers, FlexGen aims to optimize energy management, reduce electricity costs, and support the effective deployment of utility-scale storage projects worldwide.

Infrastructure Networks

Venture Round in 2013
Infrastructure Networks provides services for the acquisition and delivery of natural energy resources required to power a modern economy. It eliminates the frustrations associated with managing and scaling remote communications by providing end-to-end customer connectivity solutions. By leveraging the global scale and adoption of a leading standards-compliant technology, recognized technology leaders, along with 24/7 monitoring and boots-on-ground service, INET delivers “Wireless Infrastructure-as-a-Service” (W-Iaas) over the industry’s first end-to-end, private, LTE network. The company was founded in 2011 and is based in Houston, Texas.

Lilliputian Systems

Venture Round in 2012
Lilliputian Systems provides mobile power solutions for consumer electronics devices. The company aims to revolutionize mobile fuel, ushering in new applications and devices made possible by their technology.

Novinda

Series C in 2012
Novinda Corporation, based in Denver, Colorado, specializes in non-carbon mercury capture products and air quality technologies aimed at coal-fired electric utility and industrial boiler operators. Founded in 2003 and rebranded from Amended Silicates, Inc. in 2009, Novinda offers innovative mercury removal and oxidation products, including its Amended Silicates®, which are designed to meet the EPA's Maximum Achievable Control Technology (MACT) standards. The company also provides a range of professional consulting services, such as environmental performance assessments, testing, engineering, and compliance support. By utilizing chemical reactions rather than traditional absorption methods, Novinda's products help clients reduce operating costs and enhance operational efficiency while ensuring adherence to environmental regulations.

OPX Biotechnologies

Series C in 2011
OPX Biotechnologies, Inc. is a Colorado-based company focused on sustainable bioproducts. It utilizes proprietary bioengineering technology to convert renewable feedstocks into biofuels and green chemistry products. The company's innovative platform, known as OPX EDGE, enables the efficient optimization of microbes and bioprocesses, allowing for improved product performance and sustainability at lower costs compared to petroleum-based alternatives. This approach facilitates the production of economical, bio-based chemicals, contributing to a more sustainable chemical industry.

Gen4 Energy

Venture Round in 2011
Gen4 Energy, originally established as Hyperion Power Generation Inc. in 2007, is focused on commercializing the Gen4 Module, an advanced mini nuclear reactor. Developed from intellectual property by scientists at Los Alamos National Laboratory, the Gen4 Module aims to address the demand for a compact and transportable power source that is safe, clean, sustainable, and cost-effective. The G4M reactor, designed by Gen4 Energy, offers a low-cost and efficient alternative to traditional large water reactors, enhancing the licensing processes for next-generation nuclear technologies. This small-scale reactor is particularly suited for applications in mining, oil and gas operations, large government facilities, and isolated communities, providing a reliable source of baseload power.

Energy and Power Solutions

Venture Round in 2009
EPS was founded in 2003 by a group of engineers and cientists, with experience in the implementation of power rural systems and telecommunications worldwide, in the design and implementation of critical projects with high level of contingency, and in the planning and management of complex projects.

OPX Biotechnologies

Series B in 2009
OPX Biotechnologies, Inc. is a Colorado-based company focused on sustainable bioproducts. It utilizes proprietary bioengineering technology to convert renewable feedstocks into biofuels and green chemistry products. The company's innovative platform, known as OPX EDGE, enables the efficient optimization of microbes and bioprocesses, allowing for improved product performance and sustainability at lower costs compared to petroleum-based alternatives. This approach facilitates the production of economical, bio-based chemicals, contributing to a more sustainable chemical industry.

Southwest Windpower

Series C in 2009
Southwest Windpower, established in 1987, is a leading global manufacturer and distributor of small wind turbines, with a strong focus on quality, performance, and reliability. The company has shipped over 180,000 wind turbines to more than 120 countries, serving a variety of applications including remote sites, utility-connected homes, industrial, recreational, and farming uses. Headquartered in Broomfield, Colorado, with manufacturing facilities in Flagstaff, Arizona, and operations in Cologne, Germany, Southwest Windpower is committed to providing wind products that offer the lowest cost of energy while maintaining high standards of aesthetics, quietness, and simplicity. The company's mission is to be a responsible global leader in the design, production, and provision of wind turbines up to 40kW.

Lilliputian Systems

Series D in 2009
Lilliputian Systems provides mobile power solutions for consumer electronics devices. The company aims to revolutionize mobile fuel, ushering in new applications and devices made possible by their technology.

Eco Power Solutions

Series A in 2008
Eco Power Solutions provides an advanced suite of emissions control solutions that include a multi–pollutant Air Quality Control System (MP-AQCS Reactor Module™) and a CO2 capture and conversion system. EPS' all–in–one Multi–Pollutant Air Quality Control System (MP-AQCS Reactor Module™) captures both regulated and unregulated air pollutants including CO2 from emission sources such as fossil fuel fired power plants and industrial facilities that contribute to acid rain, respiratory diseases and climate change. •IMMEDIATELY exceed stringent EPA regulations for NOx, SOx, Hg, and particulate matter and provide a solution for controlling GHG (CO2). •Lowest Levelized Cost solution on the market today for widest spectrum of pollutants removed •Smaller footprint, shop-assembled modules, and shortest cycle time from engineering to operation •Applicable to all fossil fuels and Energy from Waste fuel stock •Ideal for retrofit and new build applications •Potential expansion of primary fuel options for owner •Downstream byproduct revenue stream

Gen4 Energy

Series A in 2008
Gen4 Energy, originally established as Hyperion Power Generation Inc. in 2007, is focused on commercializing the Gen4 Module, an advanced mini nuclear reactor. Developed from intellectual property by scientists at Los Alamos National Laboratory, the Gen4 Module aims to address the demand for a compact and transportable power source that is safe, clean, sustainable, and cost-effective. The G4M reactor, designed by Gen4 Energy, offers a low-cost and efficient alternative to traditional large water reactors, enhancing the licensing processes for next-generation nuclear technologies. This small-scale reactor is particularly suited for applications in mining, oil and gas operations, large government facilities, and isolated communities, providing a reliable source of baseload power.

Evolutionary Genomics

Post in 2008
Evolutionary Genomics, Inc. is a biotechnology company specializing in genomics research and development, based in Castle Rock, Colorado. Founded in 1999, the company has developed the Adapted Traits Platform, a technology designed to analyze molecular evolution and identify positively selected genes that enhance traits in crops and other organisms. This platform focuses on significant agricultural improvements, such as increasing crop yield, drought resistance, pest and disease resistance, biomass, and sweetness. In addition to agricultural applications, Evolutionary Genomics conducts research on humans and animals. The company primarily generates revenue through contract research services for commercial entities and grants from governmental organizations and industry associations. By leveraging vast genomic data, Evolutionary Genomics aims to discover high-value genetic targets for both agricultural and pharmaceutical advancements.

Beyond Compliance

Venture Round in 2007
Beyond Compliance was established to help energy companies manage regulatory and corporate compliance by improving the workflow between field operations and corporate office. The company’s Integrated Compliance Management System® (ICMS) provides field workers with appropriate tools to improve inefficient paper-based data gathering methods including; production data collection, field inspections, worker competency and safety management, incident tracking, and vendor management. Once collected, data is interpreted and can me made available in real time to help office personnel report deficiencies and manage corrective action.

GridPoint

Series D in 2007
GridPoint, Inc. specializes in energy management solutions that utilize real-time data collection, big data analytics, and cloud computing to enhance energy efficiency and sustainability for various industries. The company offers a comprehensive range of products, including energy management hardware like submeters and advanced monitoring devices, as well as the GridPoint Energy Manager software platform that allows users to oversee energy-consuming assets such as HVAC and lighting systems. Additionally, GridPoint provides mobile applications for on-the-go access to site details and real-time data. Their services encompass customer support, consultative energy advisory, control support, and site monitoring. GridPoint serves a diverse clientele, including retailers, grocery stores, restaurants, commercial enterprises, government entities, and educational institutions. Founded in 2003 and headquartered in Reston, Virginia, with an additional office in Roanoke, GridPoint operates as a subsidiary of Twenty First Century Utilities, LLC.

Enerpulse

Series B in 2007
Enerpulse is headquartered in Albuquerque, New Mexico. They develop environmentally friendly ignition products through the application of Pulsed Power Technology (PPT). With the assistance of Sandia National Laboratories in Albuquerque, Pulstarâ„¢ was designed to increase the peak power of the spark plug so it could ignite gasoline in the engine's cylinder more completely, with less cycle-to-cycle variation. Pulstar's extra power ignites fuel more completely, transforming your car into a more fuel-efficient vehicle that is a lot more fun to drive.

GridPoint

Series B in 2006
GridPoint, Inc. specializes in energy management solutions that utilize real-time data collection, big data analytics, and cloud computing to enhance energy efficiency and sustainability for various industries. The company offers a comprehensive range of products, including energy management hardware like submeters and advanced monitoring devices, as well as the GridPoint Energy Manager software platform that allows users to oversee energy-consuming assets such as HVAC and lighting systems. Additionally, GridPoint provides mobile applications for on-the-go access to site details and real-time data. Their services encompass customer support, consultative energy advisory, control support, and site monitoring. GridPoint serves a diverse clientele, including retailers, grocery stores, restaurants, commercial enterprises, government entities, and educational institutions. Founded in 2003 and headquartered in Reston, Virginia, with an additional office in Roanoke, GridPoint operates as a subsidiary of Twenty First Century Utilities, LLC.

Tantalus Systems

Venture Round in 2005
Tantalus Systems Corp. specializes in smart grid solutions focused on advanced metering, demand response, and distribution automation for utility companies. The company's flagship product, TUNet, is a versatile communications platform that facilitates two-way communication for electric, water, and gas utilities, enabling them to automate processes, enhance operational efficiency, and provide superior customer service. TUNet integrates various utility applications such as automated metering, outage management, and power quality monitoring, catering to both urban and rural areas. Additionally, Tantalus offers TUNet Insight, an analytics platform that helps utilities manage distribution networks by collecting detailed data from distributed assets and delivering timely insights. Founded in 1989 and headquartered in Burnaby, Canada, Tantalus serves primarily the North American market, with a significant presence in the United States. The company also has technology development and administrative offices in Vancouver and commercial offices in Raleigh, North Carolina.

RigNet

Series C in 2005
RigNet, Inc. is a provider of remote communications services tailored for the oil and gas industry, both in North America and globally. Established in 2000 and headquartered in Houston, Texas, the company utilizes a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network to facilitate communication for drilling contractors, oil companies, and oilfield service providers. RigNet offers a comprehensive suite of services that includes voice-over-Internet-protocol, high-speed internet access, video conferencing, and real-time data management solutions. Additionally, the company provides value-added services such as WiFi hotspots, internet kiosks, and telemedicine capabilities. A notable offering is the Secure Oil Information Link, a members-only network that enables collaborative partners to share and transfer data securely. RigNet serves a diverse clientele, including offshore drilling rig operators and land-based facilities across approximately 30 countries, including the United States, Mexico, and several nations in the Middle East and Asia.

Desert Power

Series A in 2005
Desert Power Inc are commtted to providing quality service and components to the natural gas compression industry.

RigNet

Series B in 2004
RigNet, Inc. is a provider of remote communications services tailored for the oil and gas industry, both in North America and globally. Established in 2000 and headquartered in Houston, Texas, the company utilizes a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network to facilitate communication for drilling contractors, oil companies, and oilfield service providers. RigNet offers a comprehensive suite of services that includes voice-over-Internet-protocol, high-speed internet access, video conferencing, and real-time data management solutions. Additionally, the company provides value-added services such as WiFi hotspots, internet kiosks, and telemedicine capabilities. A notable offering is the Secure Oil Information Link, a members-only network that enables collaborative partners to share and transfer data securely. RigNet serves a diverse clientele, including offshore drilling rig operators and land-based facilities across approximately 30 countries, including the United States, Mexico, and several nations in the Middle East and Asia.

Southwest Windpower

Series A in 2004
Southwest Windpower, established in 1987, is a leading global manufacturer and distributor of small wind turbines, with a strong focus on quality, performance, and reliability. The company has shipped over 180,000 wind turbines to more than 120 countries, serving a variety of applications including remote sites, utility-connected homes, industrial, recreational, and farming uses. Headquartered in Broomfield, Colorado, with manufacturing facilities in Flagstaff, Arizona, and operations in Cologne, Germany, Southwest Windpower is committed to providing wind products that offer the lowest cost of energy while maintaining high standards of aesthetics, quietness, and simplicity. The company's mission is to be a responsible global leader in the design, production, and provision of wind turbines up to 40kW.

WindLogics

Series B in 2004
WindLogics, previously known as SSESCO, specializes in advanced wind analysis and forecasting services tailored for stakeholders in the wind energy sector, including developers, investors, and utilities. The company evaluates potential wind energy sites and offers real-time forecasting and operational optimization. By leveraging exclusive historical weather data and established meteorological models, WindLogics is capable of calculating three-dimensional wind fields, which enhances the accuracy of its analyses. In addition to wind energy, the company also provides solutions for renewable energy project planning and design, including solar plants, contributing to the development of low-cost sustainable power systems.

Enerpulse

Series A in 2004
Enerpulse is headquartered in Albuquerque, New Mexico. They develop environmentally friendly ignition products through the application of Pulsed Power Technology (PPT). With the assistance of Sandia National Laboratories in Albuquerque, Pulstarâ„¢ was designed to increase the peak power of the spark plug so it could ignite gasoline in the engine's cylinder more completely, with less cycle-to-cycle variation. Pulstar's extra power ignites fuel more completely, transforming your car into a more fuel-efficient vehicle that is a lot more fun to drive.

Tubel Technologies

Series A in 2003
Tubel Technologies specializes in innovative solutions for the oil and gas industry, focusing on enhancing exploration and production processes. The company develops advanced intelligent well technologies, including downhole two-way wireless sensor systems designed for coiled tubing stimulation and reservoir monitoring. Their offerings also feature downhole power generators and fiber optic pressure sensor systems, which facilitate permanent monitoring of reservoirs. By integrating these technologies, Tubel Technologies aims to optimize efficiency and performance in oil and gas operations.

MicroSeismic

Series A in 2003
MicroSeismic, Inc. is an oilfield services company that specializes in microseismic-based completions evaluation and monitoring services for the oil and gas industry. Founded in 2003 and based in Houston, Texas, the company offers a range of services including hydraulic fracture monitoring, seismicity monitoring, and reservoir evaluation. By utilizing surface, near-surface, and downhole arrays, MicroSeismic helps clients understand the response of reservoirs to stimulation, thereby enhancing operational efficiency and economic outcomes. Key offerings include Passive Seismic Emission Tomography (PSET) technology for locating microseismic events, real-time monitoring solutions, and various analytical tools to assess seismic data and uncertainties. The company serves a diverse clientele both domestically and internationally, focusing on unconventional oil and gas plays.

EnergyWindow

Series A in 2003
EnergyWindow specializes in energy supply management solutions, offering technology-based tools and consulting services to assist large energy consumers in managing their energy procurement. Since its inception in 1999, the company has focused on helping business energy buyers navigate the complexities of natural gas and electricity costs, providing unbiased and strategic support throughout the energy supply cycle. Their offerings include cost forecasting and procurement assistance, empowering clients to make informed decisions that optimize their energy usage and reduce expenses.

RigNet

Series A in 2001
RigNet, Inc. is a provider of remote communications services tailored for the oil and gas industry, both in North America and globally. Established in 2000 and headquartered in Houston, Texas, the company utilizes a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network to facilitate communication for drilling contractors, oil companies, and oilfield service providers. RigNet offers a comprehensive suite of services that includes voice-over-Internet-protocol, high-speed internet access, video conferencing, and real-time data management solutions. Additionally, the company provides value-added services such as WiFi hotspots, internet kiosks, and telemedicine capabilities. A notable offering is the Secure Oil Information Link, a members-only network that enables collaborative partners to share and transfer data securely. RigNet serves a diverse clientele, including offshore drilling rig operators and land-based facilities across approximately 30 countries, including the United States, Mexico, and several nations in the Middle East and Asia.

Transzap

Private Equity Round in 1999
Transzap is an accounts payable business intelligence software and information technolgy services.

NUTECH - Visionary Reservoir Intelligence

Private Equity Round in 1998
NUTECH helps our clients identify and produce their hydrocarbon reserves, conventional and unconventional, without the added expense of running new wells. It is a provider of reservoir valuation, characterization, and analytics to the oil and gas industry. For inquiries, email, telephone numbers, and physical addresses are available on their website.

Arkestro

Arkestro is a provider of predictive procurement software that enables businesses to enhance savings and improve supply chain performance by integrating preferred outcomes into their processes. The cloud-based platform utilizes artificial intelligence to automate negotiations, facilitating faster decision-making and real-time collaboration. By leveraging instant forecasts, Arkestro allows organizations to achieve savings more efficiently, often 2–5 times faster than traditional methods. This software not only optimizes procurement strategies but also increases vendor participation, helping businesses secure significant savings on managed services and raw materials.
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