Altada is a global artificial intelligence platform solutions provider that builds operational efficiencies for clients by embedding AI into organizations. The company focuses on financial services and is responding to rising demand for AI solutions in healthcare, security, and travel. Altada has over 70 employees across the U.S. and Europe and recently opened offices in New York, San Francisco, Dublin, Malta, and Barcelona, with plans to expand to Austin and the APAC region. The new funding is intended to support hiring more than 100 new employees across global offices, including roles in quantum computing, engineering, data science, product development, blockchain engineering, and cloud platform management. Altada highlights customer outcomes such as reducing the cost to process a loan file from $400 to $25 and cutting portfolio processing time from 6–8 weeks to 48 hours. The company emphasizes ethical AI, privacy-by-design, diversity, and inclusion as central to its work.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2021