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To make bid management more efficient.
Nowadays, procurement processes require increasingly complex documentation, and the bidding process can be very repetitive. This wastes the time of teams that must re-enter the same information for every new proposal - which is what Altura hopes to address.
Altura enables teams to scrape data analysis and insights from pre-existing bids and proposals and use this information in the management of future bids. Ultimately, this means that teams can focus on strategy and highlighting value as opposed to the manual tasks of preparing a bid, as well as inform from past failure and success.
Process automation for companies isnβt exactly a new idea, but Alturaβs focus on procurement processes gives them an attractive market niche. Itβs early days for the company, but it already has European clients across a variety of industries and is using its early-stage funding to fine-tune its product and bring on new hires.
Kirsty
Company Specialist at Welcome to the Jungle
Mar 2024
$3.2m
SEED
Mar 2022
$0.6m
ANGEL
Matthijs Huiskamp
(CEO)Previously co-founded Brainstorm Group, as well as founding Luvix and MakelaarSucces.
Jordi van der Hek
(Partner)Previously co-founded Re: Software and BrainstormGroup. Was also Technical Director of Digitaal Informatieplatform Podiumkunsten, and was a Software Engineer at Startup Studio Nescio.
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