Altana Valuation, Funding & Investors

Altana is valued at $1B as of July 2024.

Last Altana valuation

$1B

Series C · Jul 2024

Last Altana funding round

$200M

Series C · Jul 2024

Cumulative funding Altana raised

$322M

across 4 funding rounds

Key investors in Altana

  • GV
  • Amadeus Capital Partners
  • Floating Point
  • OMERS Ventures
  • Schematic Ventures
  • Activate Capital Partners

Altana Overview

About Altana

Altana is a New York-headquartered AI platform mapping global supply chains by connecting buyers, suppliers, logistics firms, and regulators. The system analyzes petabytes of trade data to reveal risks in networks for clients like Boston Scientific, Maersk, L.L.Bean, General Atomics, US Customs and Border Protection, UK Ministry of Defence, and Department of Business and Trade. Altana powers compliance workflows, product lineage tracking, and resilience planning across 200 countries. Founded in 2020, it processes billions of shipment records.


Founded

2018

HQ

United StatesNew York City, NY

Website

altana.ai

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Subscription

Valuation

$1B (Jul 2024)

Altana Valuation

Altana is currently valued at $1B, based on its Series C in July 2024.

The $200M round was led by US Innovative Technology Fund, with participation from Salesforce Ventures, Floating Point, Friends & Family Capital, GV, March Capital and 3 other investors.

Altana valuation by funding round

Altana valuation by funding round
DateStageValuation
Jul 2024Series C$1B

Altana Funding History

Altana has raised a total of $322M across 4 funding rounds.

Altana's first fundraising round was a $7M seed round in November 2020. The most recent completed round was a $200M Series C in July 2024.

Altana funding rounds

Altana funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2024Series CUS Innovative Technology Fund (lead); Salesforce Ventures; Floating Point; Friends & Family Capital; GV; March Capital; OMERS Ventures; Generation Investment Management; Activate Capital Partners$200M$1BAltana, the world’s first Value Chain Management System, raised $200 million in a Series C funding round on July 29, 2024, led by Thomas Tull’s US Innovative Technology Fund (USIT), achieving a $1 billion post-money valuation and unicorn status. Participants included March Capital, Generation Investment Management, Salesforce Ventures, Friends & Family Capital, and existing investors GV (Google Ventures), Activate Capital, Floating Point, and OMERS Ventures. Founded in 2018 by Evan Smith, Peter Swartz, and Raphael Tehranian, Altana has now raised $322 million total, following a $100 million Series B in 2022 led by Activate Capital. Altana’s AI-powered platform connects and organizes comprehensive supply chain data to provide a shared source of truth for global value chains, enabling management of security, procurement, compliance, global trade, and sustainability across multi-tier networks while preserving data privacy. The funding will accelerate product development for AI-driven collaborative workflows, targeting both public and private sectors amid challenges like great power competition, climate change, and globalization shifts. Key customers include Maersk, Boston Scientific, ZF, the Lloyd’s Insurance Market, US Customs & Border Protection (US CBP), and multiple UK government agencies via the UK Global Supply Chain Intelligence Programme. The platform supports governments, logistics providers, and enterprises in building resilient, efficient, and transparent global trade networks, positioning Altana as a leader in supply chain analytics and intelligence. Investors highlighted Altana’s role in fostering unified information flow for supply chain resilience. USIT’s Peter Tague emphasized its utility for understanding vulnerabilities and opportunities. CEO Evan Smith noted the end of unbridled outsourcing, with Altana facilitating trusted global value chains, backed by this investor syndicate for expanded go-to-market efforts.
Oct 2022Series BActivate Capital Partners (lead); Floating Point; Page One Ventures; GV; Prologis Ventures; Reefknot Investments; OMERS Ventures; Ridgeline; Amadeus Capital Partners; Four More Capital$100M-Altana is an AI-powered supply chain visibility and value chain management platform that helps enterprises and governments manage global supply chains, compliance, security, sustainability, and procurement across multi-tier networks. Customers include Maersk, Boston Scientific, ZF, L.L.Bean, US Customs & Border Protection, and UK government agencies. The company, founded in 2018, provides insights into operational and compliance risks using AI-based software. In 2022, Altana raised a Series B round totaling approximately $100 million led by Activate Capital Partners, with participation from Amadeus Capital Partners, Floating Point, Four More Capital, GV (Google Ventures), OMERS Ventures, Page One Ventures (or Ridgeline Partners), Prologis Ventures, and Reefknot Investments. Activate Capital closed its Fund II with $500 million in October 2022, participating in Altana among 22 investments. Subsequently, Altana achieved unicorn status with a $200-221 million Series C in July 2024 led by US Innovative Technology Fund (or Generation Investment Management), including March Capital, Salesforce Ventures, Friends and Family Capital, and prior investors like Activate Capital, GV, Floating Point, and OMERS Ventures, bringing total funding to $322-343 million and valuation to $1 billion. Funds supported AI-driven product development for collaborative workflows in security and sustainability.
Sep 2021Series AGV (lead); Floating Point; Schematic Ventures; Ridgeline; Amadeus Capital Partners$15M-Altana AI raised $15 million in a Series A funding round that closed in May 2021, announced on September 20, 2021, led by GV with participation from Floating Point, Ridgeline Partners, Amadeus Capital Partners, and Schematic Ventures. The company develops the Altana Atlas, an AI platform that connects and learns from billions of data points to create an intelligent map of global commerce. It enables multinational enterprises like Boston Scientific to map supply chains, build resilient networks, and manage risks, while government agencies and logistics providers use it to detect illicit activity and expedite compliant trade. Altana AI employs a federated machine learning approach to generate shared global intelligence without direct data sharing, addressing privacy, sovereignty, and IP concerns. The platform supports governments and the private sector in building safe, resilient, and sustainable supply chains by answering questions about products, shipments, companies, and networks.
Nov 2020SeedAmadeus Capital Partners (lead); Working Capital; Schematic Ventures; AlleyCorp$7M-Altana AI raised $7 million in a seed funding round on November 24, 2020, led by Amadeus Capital Partners, with participation from Schematic Ventures, AlleyCorp, and Working Capital. The company provides a shared artificial intelligence model of the global supply chain to help governments, enterprises, and financial institutions manage risk and improve global commerce. Altana AI was founded by leaders in supply chain data science, with an advisory board including former US Customs and Border Protection Commissioner Alan Bersin and former Interpol President Khoo Boon Hui.

Who has invested in Altana?

18 investors have backed Altana across its funding rounds, including GV, Amadeus Capital Partners, Floating Point, OMERS Ventures, Schematic Ventures and Activate Capital Partners.

Lead investors include US Innovative Technology Fund, Activate Capital Partners, GV and Amadeus Capital Partners.


Altana Investors

Investors in Altana by funding rounds participated
InvestorHQRoundsRoleFirst check
Floating PointUnited StatesUnited States3ParticipantSep 2021
GVUnited StatesSan Francisco, CA3LeadSep 2021
Amadeus Capital PartnersUnited KingdomCambridge3LeadNov 2020
Schematic VenturesUnited StatesSan Francisco, CA2ParticipantNov 2020
OMERS VenturesCanadaToronto2ParticipantOct 2022
RidgelineUnited StatesMemphis, TN2ParticipantSep 2021
Activate Capital PartnersUnited StatesSan Francisco, CA2LeadOct 2022
Salesforce VenturesUnited StatesSan Francisco, CA1ParticipantJul 2024
Working CapitalUnited StatesSan Francisco, CA1ParticipantNov 2020
Friends & Family CapitalUnited StatesSan Francisco, CA1ParticipantJul 2024
Page One VenturesUnited StatesSan Francisco, CA1ParticipantOct 2022
March CapitalUnited StatesLos Angeles, CA1ParticipantJul 2024
US Innovative Technology FundUnited StatesPittsburgh, PA1LeadJul 2024

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Acquisitions by Altana

Altana has acquired 1 company to date.

Last acquisition by Altana was on July 20th 2026. Altana acquired Cervo AI for undisclosed valuation.


Latest Acquisitions by Altana

Cervo AI
Description
Cervo AI is a provider of AI-driven automation tools for global trade operations. The platform processes rate procurement, quoting, and customs filings by extracting data from PDFs, spreadsheets, and emails, automating capture and workflows with human-in-the-loop validation, product data consolidation, and activity logging for transparency.
HQ CountryUnited States
HQ City
New York City, NY
Deal Date20 Jul 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Altana Competitors

Altana competitors include listed companies like Appier Group and Rackspace, and private ones like Globality, CADDi, Motive and Augury.

Public and private companies comparable to Altana
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GlobalityUnited StatesSan Francisco, CAPrivate--$900M-
CADDiJapanTokyoPrivate--$1.1B-
MotiveUnited StatesSan Francisco, CAPrivate$600M-$1.2B-
AuguryUnited StatesNew York City, NYPrivate$100M-$1B-
Appier GroupJapanJapanPublicly listed$281M$44M$1B2.9x
RackspaceUnited StatesUnited StatesPublicly listed$2.7B$244M$997M1.6x

Altana Public Comps

Altana is still privately-owned, but its public comps include Appier Group, Rackspace, Extreme Vision, iFLYHealth, GuoChuang Software, Rezolve AI, Beijing CTJ Info Tech, Optasia, ODDITY Tech and Beijing Haitian Ruisheng.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Appier Group$281M$44M3.4x2.9x21.6x15.7x
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x
Extreme Vision$44M($6M)22.8x11.6x(163.7x)-
iFLYHealth$136M($7M)7.7x6.2x(150.8x)(144172.5x)
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)
Beijing CTJ Info Tech$123M$13M5.3x4.9x51.3x34.6x
Optasia$265M$79M4.3x3.6x14.5x9.1x

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Common questions about Altana

When was Altana founded?Altana was founded in 2018.
Where is Altana headquartered?Altana is headquartered in New York City, NY, United States.
Is Altana publicly listed?No, Altana is a private, VC-backed company.
What is Altana's valuation?Altana was last valued at $1B in its Series C in July 2024.
How much funding has Altana raised?Altana has raised $322M across 4 funding rounds.
What was Altana's last funding round?Altana's last funding round was a $200M Series C in July 2024, led by US Innovative Technology Fund.
Who are Altana's investors?Altana's investors include Floating Point, GV, Amadeus Capital Partners, Schematic Ventures, OMERS Ventures, Ridgeline, Activate Capital Partners, Salesforce Ventures, Working Capital, Friends & Family Capital and 8 others.
Which companies are comparable to Altana?Companies comparable to Altana include Globality, CADDi, Motive, Augury, Appier Group and Rackspace.
How many companies has Altana acquired?Altana has acquired 1 company, including Cervo AI.

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