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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.
About Altura
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
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
- Its deep AI integration for document intelligence and risk insights, plus native tender signaling in Benelux and UK, differentiates it in Europe.
- Altura acquired Tendara in July 2025 to enter the German market, strengthening its presence in Europe's largest economy.
- The platform integrates LLMs, RAG, vector/graph databases, and custom prompting to automate scheduling, task lists, and proposal text generation.
What critics are saying
- Altura was acquired by Kuvi.ai and rebranded as a Web3 gaming infrastructure platform, so the original AI bid management SaaS no longer exists.
- Kuvi.ai inherited a critical backdoor in Ethereum bridging contracts that enabled unauthorized minting of 147M ALU tokens, damaging community trust.
- Kuvi.ai's new focus on Agentic Finance and Web3 gaming has no overlap with enterprise bid management, so original customers face vendor discontinuity.
What makes Altura unique
- Altura launched autonomous AI agents in June 2025 for end-to-end tender automation, reducing analysis time by up to 95%.
- The company tripled its ARR in 2024 and projects a quadruple increase in 2025, targeting £10 million ARR by 2026.
- Altura expanded into the UK market in 2025 by opening a London office and securing Ramudden as its first UK customer.
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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
↑ 0%1 year growth
↑ 4%2 year growth
↑ 6%Tendara's AI bid management helps you find tenders, analyze opportunities, and create winning proposals to succeed in public tenders.
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Find jobs on Simplify and start your career today
About Altura
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$12.7M
Headquarters
Amsterdam, Netherlands
Founded
2019
There are no jobs for Altura right now.
Find jobs on Simplify and start your career today