What does Altura do?
Altura is an AI-powered bid management startup that offers an end-to-end platform for bid teams, helping them win more by centralizing and streamlining the proposal process with integrated AI capabilities. The platform is used across industries like technology, professional services, and construction.
How much did they raise?
The company raised €8M in a Series A round, led by Octopus Ventures with participation from Fortino Capital, Curiosity VC, Perry Oostdam, and Pawel Smoczyk, building on their previous €3M seed round in 2024.
What are their plans for the money?
The funds will be used to expand Altura's operations and enhance its development efforts, potentially increasing proposal output, reducing workload, and boosting win rates for its clients.
What have they achieved so far?
Altura has already demonstrated early success by raising a €3M seed round in 2024, establishing a strong foundation for its growth in the AI-powered bid management space.
