Altana has raised $322.0M in total across 4 funding rounds.
Altana's investors include Amadeus Capital Partners, Ballistic Ventures, Element Partners, Karim Faris, GV, Harmonix Fund, In-Q-Tel, Schematic Ventures, TY, Thomas Tull, Acequia Capital, ActivumSG.
Altana Technologies is an AI-powered platform that serves as the world's first Value Chain Management System, uniting businesses, supply chain partners, and governments around a trusted source of product information to build efficient, resilient, and secure global supply chains.[2][3][5] It solves critical problems in global trade, such as supply chain vulnerabilities, compliance risks, tariff evasion, and illicit flows, by integrating billions of data points on products, shipments, companies, and networks for real-time insights, risk mitigation, and collaborative workflows.[2][4][5] Serving enterprises, logistics providers, governments, and financial institutions, Altana has raised $383.6M in funding (including a $200M Series C in 2024), achieved metrics like 1M+ complex product duties calculated, 8x faster customs filing, and $300M in average duty savings for customers, signaling strong growth momentum.[2][4][5]
Founded in 2018 and headquartered in Brooklyn, New York, Altana emerged amid the COVID-19 disruptions that exposed global supply chain fragilities, prompting a need for AI-driven visibility and resilience.[1][4][5][6] Key founders and leadership details are not specified in available sources, but the company quickly gained traction with investments from prominent backers like GV (Google Ventures), Thomas Tull’s US Innovative Technology Fund, Generation Investment Management, Salesforce Ventures, Activate Capital, and OMERS Ventures.[4][5] Pivotal moments include launching its AI platform to map multi-relational supply chain data and securing $200M in Series C funding to scale public-private sector adoption.[5]
Altana rides the wave of AI-driven supply chain transformation, accelerated by post-COVID disruptions, geopolitical tensions, and rising demands for resilience, sustainability, and security in global trade.[2][6] Its timing aligns with market forces like escalating trade compliance needs, tariff complexities, and forced labor due diligence, where fragmented data hinders efficiency—Altana's network approach provides unprecedented visibility from raw materials to end sales.[3][5] By empowering regulators with precise enforcement and businesses with profitability tools, it influences the ecosystem toward trusted commerce, reducing illicit trade risks and enabling economic growth amid volatility.[2]
Altana is poised to dominate value chain management as AI scales to handle escalating global trade volumes and regulatory pressures. Trends like proactive compliance automation, public-private data sharing, and climate/resilience mandates will propel its expansion, potentially integrating deeper with enterprise ERPs and government systems. Its influence may evolve into a de facto standard for secure trade, amplifying impact as supply chains digitize—building on its mission to fix a broken global system and power resilient economies.[2][5]
Altana has raised $322.0M across 4 funding rounds. Most recently, it raised $200.0M Series C in July 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2024 | $200.0M Series C | Amadeus Capital Partners, Ballistic Ventures, Element Partners, Karim Faris, GV, Harmonix Fund, In-Q-Tel, Schematic Ventures, TY, Thomas Tull | |
| Oct 1, 2022 | $100.0M Series B | Acequia Capital, ActivumSG, Amadeus Capital Partners, Ballistic Ventures, Element Partners, Karim Faris, GV, In-Q-Tel, Madrona Ventures, Schematic Ventures, Charlie Songhurst, Thomas Tull | |
| Sep 1, 2021 | $15.0M Series A | 8VC, 9Yards Capital, ActivumSG, Amadeus Capital Partners, Ballistic Ventures, Element Partners, Karim Faris, GV, In-Q-Tel, Schematic Ventures, Thomas Tull | |
| Nov 1, 2020 | $7.0M Seed | 8VC, 9Yards Capital, ActivumSG, Amadeus Capital Partners, Element Partners, Karim Faris, In-Q-Tel, Schematic Ventures, Thomas Tull |
