logo
logo

Altana raised $200M in a Series C led by Thomas Tull’s US Innovative Technology Fund to enhance global value chain management for public and private sectors.

Jul 29, 2024about 1 year ago

Amount Raised

$200

Round Type

series c

BrooklynSoftwareInformation Technology

Investors

Omers VenturesFloating PointActivate CapitalGv (Google Ventures)Friends And Family CapitalSalesforce VenturesGeneration Investment ManagementMarch CapitalThomas Tull’s Us Innovative Technology Fund

Description

Altana announced a $200 million Series C investment, bringing its valuation to $1 billion. The funding round included participation from various prominent investors, aiming to tackle global value chain challenges and enhance economic security.

Company Information

Company

Altana

Location

25 Kent Avenue, Suite 501

Brooklyn, New York, United States

About

Altana is the world’s first Value Chain Management System — a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized AI decision support across business areas, and a collaborative network with end-to-end workflows to get jobs done. We deliver more than twice the supply chain visibility of any other provider by applying AI to our vast network of public and private sector data — the largest, organized body of supply chain data in the world. Our unique federated data and machine learning architecture makes this possible while ensuring every customer maintains sovereignty, privacy, and security over their data. With customers like Boston Scientific, L.L.Bean, Maersk, US Customs and Border Protection, and the UK Department of Business and Trade, we are building a fairer, more secure, and more sustainable model of global commerce.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech