Altana AI

Market position

Positioned as the first dynamic, intelligent, universal map of the global supply chain and described by investors as the world's first value chain management system; the company reached a $1 billion valuation with its 2024 Series C.

Altana provides visibility and risk intelligence across supply networks without requiring customers to share sensitive data, relying on a federated architecture that keeps customer data separate and private while still enriching a shared global supply chain model.

Technology

Altana transforms public and non-public data into an intelligent, shared model of the global supply chain, structured as a knowledge graph enriched with customer data in a privacy-preserving manner. Its most advanced workflows combine custom deep learning models with fine-tuned agent workflows using retrieval augmented generation, followed by reinforcement learning from human feedback from customers. The team takes a compound AI systems approach, combining open large language models such as DBRX, Llama 3, and Phi-3 with proprietary internal datasets. The company runs on the Databricks Data + AI Platform, using Managed MLflow, Model Serving, Delta Lake, and Unity Catalog for model lifecycle management, real-time data ingestion, and data governance across several cloud and regional deployments; it reports deploying generative AI models 20x faster and achieving up to 50% better model performance after the migration.

Go-to-market

Multinational enterprises, government agencies and customs authorities, logistics providers, and financial institutions managing cross-border trade, compliance, and supply chain risk.

Geography

US-based with operations in multiple countries across three continents; the company works with customs authorities and multinational enterprises across North America, Europe, and Asia. Headquarters are in New York, New York.

History

Founded in 2018, Altana raised a $15 million Series A and a $100 million Series B led by Activate Capital Partners in 2022, followed by a $200 million Series C led by the US Innovative Technology Fund that valued the company at $1 billion, bringing total funding to $322 million. Amadeus Capital Partners describes backing the company from seed through unicorn status.