Overview
Altura provides an AI-powered SaaS platform that automates and manages the full bid, tender, and RFP lifecycle for enterprise buyers. It unifies discovery, collaboration, response drafting, and performance analysis into four modules: Opportunity, Collaboration, Response, and Insights. The AI Bid Companion extracts requirements from tender documents, speeds up analysis, drafts responses using past proposals, and flags risks, with plans for autonomous AI agents to perform tasks. The company targets large organizations in construction, technology, professional services, and infrastructure and is expanding across Europe, including a London office and the Tendara acquisition.
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About Altura
Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$12.7M
Headquarters
Amsterdam, Netherlands
Founded
2019
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Simplify's Take
What believers are saying
- Altura claims over 100 bids daily and 3.2x faster bid creation.
- The 2025 London office targets UK demand after the Procurement Act.
- Its 2026 report found 58% dissatisfied with win rates, fueling urgent buyer demand.
What critics are saying
- Responsive and Loopio dominate enterprise RFPs, squeezing Altura's international expansion.
- June 2025 €8 million Series A rarely funds a durable Europe-wide sales machine.
- If AI bid tools commoditize, Altura becomes a feature inside Microsoft and Salesforce.
What makes Altura unique
- Altura unifies discovery, collaboration, response, and insights in one bid workflow.
- Its 2026 report shows bid teams drowning in nine tools and 139 messages.
- Tendara acquisition gave Altura German public-sector expertise and customers like AFRY, Datagroup.
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Funding
Total Funding
$12.7M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Paid Vacation
Flexible Work Hours
Hybrid Work Options
Professional Development Budget
Growth & Insights and Company News
6 month growth
1%1 year growth
7%2 year growth
11%Kuvi.ai, the platform pioneering Agentic Finance, today announced the acquisition of Altura, a Web3 infrastructure platform built to simplify blockchain game development.
Tendara's AI bid management helps you find tenders, analyze opportunities, and create winning proposals to succeed in public tenders.
Altura, a London-based bid management platform, has secured €8M in Series A funding. The company is pioneering the use of autonomous AI agents to assist businesses in winning more tenders in both public and private sectors, addressing the increasing complexity of procurement processes.
Amsterdam-based Altura, an AI-powered bid management startup, has raised €8M in Series A funding.
Altura, an Amsterdam-based AI-powered bid management startup, raised €8M in Series A funding. The round was led by Octopus Ventures, with participation from existing investors Fortino Capital, Curiosity VC, and Perry Oostdam Pawel Smoczyk of P1ST investors. The funds will be used to expand operations and development efforts. Altura previously raised a €3M seed round in 2024.
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About Altura
Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$12.7M
Headquarters
Amsterdam, Netherlands
Founded
2019
Altura is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today