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Altura Raises €3M in Funding to Revolutionize Bid Management with AI

Altura, a comprehensive bid management platform, has raised €3 million to revolutionize the bid management process using artificial intelligence. The funding will be used to enhance the software and expand the product range, utilizing AI to streamline the proposal process.

Matthijs Huiskamp, the founder and CEO of Altura, observed inefficiencies in economic transactions, prompting the development of advanced AI technology to automate manual tasks and improve operational efficiency.

The bid management software employs advanced AI technology and data analysis to streamline the proposal process, extract and analyze information, and automate activities, reducing the need for manual tasks.

Fortino Capital and Curiosity VC are the primary investors in Altura, recognizing the potential for the company to achieve category leadership in bid management through AI-driven software.