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Altana AI

Supply chain visibility platform

101-200 employees
  • B2B
  • Artificial Intelligence
  • Enterprise
  • Logistics
  • Big data
  • Supply Chain
  • SaaS
28 Liberty Street, New York, NY 10005, United States

Company mission

Altana AI's mission is to improve global commerce.

Insights

Top investors

Some candidates hear
back within 2 weeks

26% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Altana AI’s platform provides a shared source of truth for the global supply chain. The idea is that this will help businesses and governing powers optimize global commerce which, over the past few years, has shot up on the list of international priorities. With three quarters of businesses reporting recent supply chain disruptions, and governments increasingly concerned with mitigating security threats, data-driven visibility is more sought after than ever before.

Crucially, the platform doesn’t require data sharing to create global intelligence, instead using a federated machine learning approach. This is a nut many big-data companies have been trying to crack, and Altana AI’s success has attracted the company interest from top-tier investors like Google Ventures and Floating Point alongside contracts with the UK Department of Business & Trade. A number of other headline enterprises and government agencies are already on the company's customer roster.

With companies looking to recoup some of the $4 trillion reportedly lost in supply chain disruptions over recent years, and the push for global databases getting stronger, logistics startups are having a fruitful investment period. Altana is crafting a remarkable product at a highly marketable time, and with good uptake so far. Backed by substantial funding, Altana is set for a strong few years.

Benefits

  • Comprehensive healthcare package
  • Paid parental leave of 3 months for the primary caregiver and 1 month for the secondary caregiver

Company values

  • We focus on value creation, not value capture
  • We amaze our clients
  • We foster diversity and embrace difference
  • We get things done
  • We embrace reality

Funding (last 2 of 4 rounds)

Oct 2022

$100m

SERIES B

Jan 2022

$1.5m

GRANT

$123.5m

Total funding

This company has top investors

Founders

Previously an analyst with J P Morgan, pivoting to engagement at Cleantech Group and then corporate tech strategy with Suncor Energy. After a spell as an investor at Fuller Smith, spent time with global supply chain analytics company Panjiva as a management advisor.

Peter Swartz

(Chief Science Officer)

An MIT grad in political science who went on to work as Head of Data Science at Panjiva.

A Yale economics graduate with experience in renewables at Imperium Renewables and Verno Systems, the latter of which they co-founded. Served as a partner at Fuller Smith, before moving on to work in a management advisor role at Panjiva.

Jobs (16)

All locations

Software Engineering