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 delivers alerts and recommendations, allowing real-time collaboration among stakeholders. The main clients are businesses in the supply chain, such as manufacturers and retailers, who benefit from improved resilience, sustainability, and compliance. Altana.ai generates revenue by charging for access to its platform, which offers insights from over 120 million supply chain links.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, AI & Machine Learning

Total Funding

$314.7M

Headquarters

New York City, New York

Founded

2018


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Simplify's Take

What believers are saying

  • Altana raised $200M, reaching a $1B valuation, indicating strong investor confidence.
  • Partnership with Dataminr enhances real-time event monitoring and risk management.
  • UK Government contract expands Altana's influence in public sector supply chain management.

What critics are saying

  • Emerging AI-driven platforms may increase competition in supply chain management.
  • Continuous updates needed to keep pace with rapid AI advancements.
  • Economic downturns could reduce client budgets for supply chain solutions.

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 compliance.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

39%

2 year growth

61%

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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