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About Altana AI
Industries
Data & Analytics
AI & Machine Learning
Company Size
201-500
Company Stage
Series C
Total Funding
$314.7M
Headquarters
New York City, New York
Founded
2018
Overview
Altana AI offers a platform called Altana Atlas, which provides an intelligent map of the global supply chain using artificial intelligence. This platform automates tasks, assists in searches, and delivers alerts and recommendations, allowing real-time collaboration among stakeholders. Altana AI primarily serves businesses in the supply chain, helping them improve resilience, sustainability, and compliance while preventing disruptions and forced labor. The company generates revenue by charging clients for access to its platform, which leverages insights from over 120 million supply chain links.
Simplify's Take
What believers are saying
- Altana raised $200M, reaching a $1B valuation, indicating strong investor confidence.
- Partnerships with Maersk and UK Government expand Altana's market reach and credibility.
- Growing demand for supply chain visibility boosts Altana's business potential.
What critics are saying
- Increased competition from AI-driven platforms may erode Altana's market share.
- Rapid AI advancements require continuous R&D investment, straining financial resources.
- Stringent data privacy regulations could limit access to proprietary data.
What makes Altana AI unique
- Altana AI offers a unique, intelligent map of the global supply chain.
- The platform integrates AI for real-time collaboration and decision-making.
- Altana's proprietary data enhances supply chain visibility and risk management.
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Funding
Total Funding
$314.7M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Comprehensive healthcare package
Paid parental leave of 3 months for the primary caregiver and 1 month for the secondary caregiver
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 5%2 year growth
↓ -1%This year at the successful World Customs Organization (WCO) Technology Conference and Exhibition in Rio de Janeiro, Maersk together with its partner Altana launched its 'Maersk Trusted Value Chains Powered by Altana' model.
Altana, a Value Chain Management System company, raised $200 million in a Series C funding round led by Thomas Tull’s US Innovative Technology Fund (USIT), with participation from March Capital, Generation Investment Management, Salesforce Ventures, Friends and Family Capital, and existing investors including GV, Activate Capital, Floating Point, and OMERS Ventures. This round brings Altana’s valuation to $1 billion.
Value Chain Management System company Altana announced a $200 million Series C investment led by Thomas Tull's US Innovative Technology Fund (USIT).
Global supply chain management system Altana has reached unicorn status - a $1 billion valuation - after closing a $200 million Series C investment led by the US Innovative Technology Fund (USIT) with participation from March Capital, Generation Investment Management, Salesforce Ventures, and Friends & Family Capital.
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About Altana AI
Industries
Data & Analytics
AI & Machine Learning
Company Size
201-500
Company Stage
Series C
Total Funding
$314.7M
Headquarters
New York City, New York
Founded
2018
Altana AI is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today