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- Altana
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jul 2024 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2024 | Series C | US Innovative Technology Fund (lead); Salesforce Ventures; Floating Point; Friends & Family Capital; GV; March Capital; OMERS Ventures; Generation Investment Management; Activate Capital Partners | $200M | $1B | Altana, 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 2022 | Series B | Activate 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 2021 | Series A | GV (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 2020 | Seed | Amadeus 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Sep 2021 | ||
| 3 | Lead | Sep 2021 | ||
| 3 | Lead | Nov 2020 | ||
| 2 | Participant | Nov 2020 | ||
| 2 | Participant | Oct 2022 | ||
| 2 | Participant | Sep 2021 | ||
| 2 | Lead | Oct 2022 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Oct 2022 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Lead | Jul 2024 | ||
This data is available for Pro users. Sign up to see all 18 Altana investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | New York City, NY |
| Deal Date | 20 Jul 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Altana acquisitions and their M&A valuation multiples. Start Free Trial | |
Altana Competitors
Altana competitors include listed companies like Appier Group and Rackspace, and private ones like Globality, CADDi, Motive and Augury.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $900M | - | ||
| Private | - | - | $1.1B | - | ||
| Private | $600M | - | $1.2B | - | ||
| Private | $100M | - | $1B | - | ||
| Publicly listed | $281M | $44M | $1B | 2.9x | ||
| Publicly listed | $2.7B | $244M | $997M | 1.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $44M | ($6M) | 22.8x | 11.6x | (163.7x) | - | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $220M | ($17M) | 4.8x | - | (60.4x) | - | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $265M | $79M | 4.3x | 3.6x | 14.5x | 9.1x | |||
This data is available for Pro users. Sign up to see all Altana competitors and their valuation data. Start Free Trial | ||||||||
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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