Altana AI

Altana AI

AI-powered platform for supply chain management

About

Altana AI offers a platform called Altana Atlas, which provides an intelligent view of the global supply chain using artificial intelligence. This platform automates tasks, assists in searches, and enables real-time collaboration among stakeholders. Altana AI stands out by offering insights from over 120 million supply chain links, with a significant portion coming from proprietary data. The company's goal is to help businesses improve their efficiency, compliance, and sustainability in supply chain management.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, AI & Machine Learning

Total Funding

$314.7M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • Altana.ai's recent $100M Series B funding round underscores strong investor confidence and provides ample resources for further innovation and growth.
  • The UK Government's multi-year contract with Altana.ai highlights the platform's credibility and potential for large-scale governmental applications.
  • Partnerships with companies like Dataminr and Chain.io enhance Altana.ai's capabilities in real-time event monitoring and global commerce integration, respectively.

What critics are saying

  • The complexity of integrating vast amounts of data from diverse sources could pose challenges in maintaining the accuracy and reliability of the Altana Atlas.
  • The competitive landscape in AI-driven supply chain management is intensifying, requiring continuous innovation to stay ahead.

What makes Altana AI unique

  • Altana.ai's Altana Atlas offers a unique, AI-powered dynamic map of the global supply chain, setting it apart from traditional supply chain management tools.
  • The platform's ability to integrate proprietary data and provide real-time collaboration ensures all stakeholders have access to the same information simultaneously, enhancing decision-making.
  • Altana.ai's focus on preventing supply chain disruptions and stopping the flow of products created by forced labor adds a strong ethical dimension to its value proposition.

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Growth & Insights
Headcount

6 month growth

15%

1 year growth

42%

2 year growth

66%

Benefits

Comprehensive healthcare package

Paid parental leave of 3 months for the primary caregiver and 1 month for the secondary caregiver

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