AltaML

AltaML

Develops AI agent solutions for clients

Overview

AltaML builds AI-powered solutions that help organizations improve decision making and human performance. It uses its AltaForge platform, an AI agent system, to create, deploy, and manage industry-specific applications that combine reusable AI agents with built‑in governance. The platform enables clients to realize value quickly, scale solutions efficiently, and maintain transparency and control over AI use. AltaML differentiates itself with a people-first approach and end-to-end governance, focusing on practical, measurable business outcomes rather than generic tech claims. Its goal is to help humans and AI work together to unlock growth, innovate sustainably, and solve complex challenges.

About AltaML

Simplify's Rating
Why AltaML is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$9.1M

Headquarters

Edmonton, Canada

Founded

2018

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Simplify's Take

What believers are saying

  • VerticalScope invested July 9, 2026, validating AltaML’s enterprise AI commercialization.
  • AltaML’s jobs board showed senior engineering and security hiring in June 2026.
  • Alberta wildfire forecasting work and other public-sector projects create sticky, referenceable deployments.

What critics are saying

  • VerticalScope’s $6.1 million note refinances debt, signaling recurring financing pressure.
  • LinkedIn showed Information Security roles in June 2026, implying operational hardening after delivery growth.
  • Venture-studio bets like Prevoir and Brilliant Harvest distract from core services margins and focus.

What makes AltaML unique

  • AltaML embeds specialists inside client teams, not just selling generic AI software.
  • AltaForge gives AltaML a proprietary enterprise platform for agentic workflows and governance.
  • Deep Alberta government, energy, and enterprise relationships anchor sector-specific deployments.

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Funding

Total Funding

$9.1M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Flexible Work Hours

Hybrid Work Options

Remote Work Options

Paid Vacation

Paid Holidays

Wellness Program

Mental Health Support

Gym Membership

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Family Planning Benefits

Fertility Treatment Support

Phone/Internet Stipend

Home Office Stipend

Professional Certification Support

Tuition Reimbursement

Adoption Assistance

Parental Leave

Meal Benefits

Relocation Assistance

Adoption Assistance

Commuter Benefits

Employee Referral Bonus

Performance Bonus

Profit Sharing

Note

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

0%
StreetInsider
Jul 9th, 2026
VerticalScope invests $6.1M in Canadian AI firm AltaML to deploy applied AI across platform

VerticalScope Holdings has invested approximately $6.1 million in AltaML, a Canadian applied artificial intelligence company. The investment takes the form of an 18-month secured promissory note, with VerticalScope also receiving a five-year warrant for preferred shares in AltaML. The deal builds on an existing relationship where VerticalScope engaged AltaML as an enterprise client to deploy AI across its platform. AltaML, founded in 2018, delivers AI solutions to governments and enterprise clients across sectors including energy, legal, technology and financial services. AltaML will use the proceeds to refinance existing convertible notes and for working capital, including continued investment in its proprietary AltaForge agentic-AI platform. The investment deepens VerticalScope's AI strategy as the technology company operates online enthusiast communities serving approximately 90 million monthly active users.

BetaKit
Feb 5th, 2026
AgTech startup Brilliant Harvest secures $4M to scale AI platform for heavy equipment dealers

Calgary-based AgTech startup Brilliant Harvest has raised $4 million in seed funding to scale its AI-driven customer experience platform for the heavy equipment industry. The round was led by returning investors Builders VC and AltaML, with participation from FTW Ventures, Alpaca VC, Automotive Ventures, SVG Ventures and NYA Ventures. The platform ingests technical manuals, work orders and conversational data to provide fast answers for service, parts and aftermarket teams. Brilliant Harvest now supports dealerships representing over 50 per cent of CNH Industrial's larger dealer stores, with customers including Rocky Mountain Equipment and Titan Machinery. The funding will accelerate platform development and market expansion. The company plans to enter the construction industry in mid-2026 and expand into after-sales processes.

BetaKit
Jan 22nd, 2026
Calgary's Prevoir raises $750K to scale AI fashion analytics platform

Calgary-based fashion tech startup Prevoir has closed a $750,000 CAD pre-seed round from Edmonton AI developer AltaML to scale its AI-powered platform. The company also secured $50,000 from Alberta Innovates for product development. Founded in 2023, Prevoir uses AI and computer vision to extract product attributes and connect them to sales and inventory data, helping fashion retailers and merchandisers curate collections, predict trends and analyse performance. The platform is available via a $250 USD monthly subscription and on the Shopify app store as of December 2025. The startup has been testing with brands including New York's Elie Tahari. Prevoir is eyeing a seed funding round in late 2026 whilst focusing on user acquisition and scaling infrastructure.

Taproot Publishing
Jun 3rd, 2024
Uprow Bags Second Inventures Win

UpRow, an Edmonton-based app marketplace that assists newcomers, won a pitch competition on May 31 at the Inventures conference by Alberta Innovates in Calgary. It's the second win for UpRow at Inventures in as many years."Between last year and this year, we have grown a lot — we've made some really big, significant strides," company founder and CEO Kelise Williams told Taproot at the event. "We have launched the second version of our app, we are onboarding new partners, and we're really extending our reach."Williams and her company got $10,000 in the Tech Triathlon: Quantum + AI + IoT track of the main Inventures pitch competition. Last year, UpRow was one of five winners in The51's HerStory competition at the conference.UpRow was the lone Inventures winner from the Edmonton region in 2024 across six main pitch tracks and five ancillary tracks. "I'm happy that there was at least one," Williams said, through a laugh.The closest to taking a win was one young innovator in the ancillary Student Pitch Competition. MacEwan University's Sujit Velmurugan came second for his marketing automator, Workflow

Alberta Institute
Oct 30th, 2023
Alberta Minute: Throne Speech, Unequal Treatment, and a Final Tour Stop

Alberta is collaborating with software company AltaML to develop artificial intelligence (AI) technology aimed at predicting wildfire locations.

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