Founded in 2018 and headquartered in Edmonton, Alberta, AltaML delivers production-grade AI solutions including agentic workflows, LLM integrations and automation for sectors such as energy, legal, technology, financial services, construction and government. The company uses a forward-deployed engineering model that embeds technical AI specialists directly with client teams and is the developer of AltaForge, a proprietary agentic-AI platform for enterprise deployment. AltaML has an existing commercial relationship with VerticalScope, which engaged the company as an enterprise client to deploy applied AI across its platform and operations. AltaML plans to use the proceeds from the VerticalScope investment to refinance existing convertible notes, support working capital needs, and continue investing in its AltaForge platform and go-to-market activities. The financing deepens AltaML's strategic ties with a long-time client and provides warrant-based equity participation for VerticalScope.

Total raised

$9M

Funding rounds

2

Latest round

Convertible Note

Latest activity

Jul 2026