Altana is a supply chain startup transforming how governments, logistics providers, and enterprises understand and navigate the complexities of the global supply chain. By providing unprecedented visibility and actionable insights, Altana is helping to build a more resilient, efficient, and transparent global trade network.
Altana has raised $200 million in a Series C round led by the US Innovative Technology Fund, which values the company at $1 billion. Other investors in the new round include March Capital, Generation Investment Management, Salesforce Ventures, Friends & Family Capital, and existing investors GV, Activate Capital, Floating Point, and Omers Ventures.
Altana, New York, New York, United States, was founded in 2018 by Evan Smith, Peter Swartz, and Raphael Tehranian. “Great power competition, climate change, and the breakdown of globalization are generational challenges that require a new model for managing global business, including a more assertive role for government,” said Evan Smith, CEO and co-founder of Altana. “The era of unbridled outsourcing is over. Our platform is uniquely suited to facilitate a new paradigm – organized around trusted global value chains. And this investor group is uniquely suited to accelerate our go-to-market efforts with both governments and enterprises globally. We couldn’t have better partners joining this mission.”