Altura Raises €8M Series A to Scale AI-Powered Bid Management Platform

Altura is aiming to reinvent how organizations compete for deals using AI to turn bid teams into strategic revenue drivers.

Altura Raises €8M Series A to Scale AI-Powered Bid Management Platform
Source: Altura

Company Name: Altura
Location: Amsterdam, Netherlands
Industry: Sales

Funding Details:

  • Amount: €8M (Series A)
  • Investors:
    • Lead: Octopus Ventures
    • Participants: Fortino Capital, Curiosity VC, Perry Oostdam & Pawel Smoczyk (P1ST Investors)

Purpose of Investment:

  • Scale operations
  • Accelerate platform development
  • Expand customer success and go-to-market efforts

Leadership:

Product:
Altura offers an AI-powered, end-to-end bid management platform designed to help teams centralize and streamline the proposal process. The platform uses AI at every stage—from content assembly to version control—to boost win rates and reduce manual workload.

Use Cases & Customers:
Used by organizations in:

  • Technology
  • Professional services
  • Construction

About Company:
Altura helps companies scale their proposal volume without scaling headcount. By integrating AI directly into the bid workflow, it transforms proposal teams from bottlenecks into growth engines.

Previous Funding:

  • €3M seed round in 2024 from Curiosity VC, Fortino Capital, and P1ST Investors