Altura

About Altura

Altura provides an AI-powered software-as-a-service platform designed to automate and manage the full bid, tender, and Request for Proposal (RFP) lifecycle for enterprise organizations. The company was founded in Utrecht, Netherlands, in 2019 by CEO Matthijs Huiskamp and COO Jordi van der Hek. The founders' inspiration stemmed from firsthand observation of the inefficiencies, manual work, and fragmented tools that defined traditional bid management, which led to a two-year research phase before the product's launch. The firm targets enterprise clients in sectors such as construction, technology, professional services, and infrastructure, with notable customers including EY, BAM, and Ricoh. Altura operates on a subscription-based business model, providing a centralized workspace that enhances collaboration and strategic decision-making. The company has established a strong presence in the Benelux region and Denmark and is actively expanding across Europe, having opened a London office in 2025 to penetrate the UK market and acquiring German AI startup Tendara in July 2025 to enter the German market. Financially, Altura is backed by prominent venture capital firms. The company has raised approximately $12.9 million (€12M) through several funding rounds. This includes a €3 million seed round in March 2024, led by Curiosity VC and Fortino Capital, followed by an €8 million Series A round in June 2025, led by Octopus Ventures. The platform integrates AI at every stage of the bidding process. Its core product suite includes four modules: Opportunity, for discovering and qualifying bids; Collaboration, for centralizing project work; Response, for drafting and optimizing proposals with AI assistance; and Insights, for performance analysis. Key features include an AI "Bid Companion" that automates requirement extraction from tender documents, which can reduce analysis time by up to 95%, drafts responses by searching past proposals, flags risks, and generates summaries. The platform is also introducing autonomous AI agents capable of completing tasks and making decisions to further streamline the process.