Altana Technologies has raised a total of $343 million over multiple funding rounds, achieving unicorn status in July 2024. The company offers AI-based software for regulatory, risk, and supply chain management, enabling organisations to manage operational and compliance risks across various sectors.
Keep reading to explore Altana Technologies’ funding history, key investors, and what’s next for this innovative supply chain software provider.
What Is Altana Technologies and What Does It Do?
Founded in 2018, Altana Technologies delivers an AI-driven software suite for regulatory compliance, risk management, and supply chain optimisation. Its platform provides solutions for operational and supply chain risk management, trade compliance, KYC & AML, and real-time monitoring.
The software helps companies prevent fraud and money laundering, screen parties, and ensure regulatory compliance while enhancing operational efficiency.
How Much Funding Has Altana Technologies Raised?
- Series C
- Amount Raised: $221M
- Date: July 15, 2024
- Lead Investors: Generation Investment Management, Activate Capital
- Motivation: Expand AI capabilities, enhance compliance solutions, and scale operations globally.
Total Funding Raised: $343M
Latest Funding Date: July 15, 2024
Key Investors
- Generation Investment Management
- Details: Investment firm focused on sustainable and growth-stage companies.
- Investment Focus Areas: AI, supply chain software, enterprise technology.
- Notable Investments: Multiple innovative tech startups across industries.
- Activate Capital
- Details: Venture capital firm investing in high-growth technology startups.
- Investment Focus Areas: Enterprise software, AI, and regulatory technology.
- Notable Investments: Emerging AI-driven platforms and compliance tools.
Where Is Altana Technologies’ Headquarters?
Altana Technologies is headquartered in San Francisco, California, United States, providing access to enterprise clients, technology talent, and strategic investor networks.
What’s Next for Altana Technologies?
Altana Technologies plans to expand its AI-driven compliance and risk management platform, scale adoption across global enterprises, and enhance real-time monitoring capabilities. Leveraging its unicorn status and investor support, the company aims to improve operational efficiency, mitigate regulatory risks, and drive innovation in AI-powered supply chain and risk management solutions.
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