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Altruistiq - About the company

Altruistiq is a seed company based in London (United Kingdom), founded in 2020 by Saif Hameed. It operates as an Online data intelligence platform for sustainable business decisions. Altruistiq has raised $18M in funding from Molten Ventures and Norrsken VC, with a current valuation of £*****. The company has 163 active competitors, including 37 funded and 5 that have exited. Its top competitors include companies like Eoliann, Optera and Newtral.

Company Details

Online data intelligence platform for sustainable business decisions. It provides a SaaS-based platform that enables large, complex enterprises to automate sustainability data measurement, management, and exchange.
Email ID
*****@altruistiq.com
Key Metrics
Founded Year
2020
Location
Stage
Seed
Total Funding
$18M in 1 round
Latest Funding Round
Post Money Valuation
£***** as on Feb 16, 2023
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
40 as on Jul 31, 2026
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Altruistiq's funding and investors

Altruistiq has raised a total funding of $18M over 1 round. Its latest funding round was a Seed round on Jul 25, 2022 for $*****. 6 investors participated in its latest round. Altruistiq has 3 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Altruistiq:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 25, 2022
3661212
Seed
2990689
3245962
1134229
6088307
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Altruistiq's founders and board of directors

Founder? Claim Profile
The founders of Altruistiq is Saif Hameed. Saif Hameed is the CEO of Altruistiq.
Here are the details of Altruistiq's key team members:

Altruistiq's employee count trend

Altruistiq has 40 employees as of Jul 26. Here is Altruistiq's employee count trend over the years:
Employee count trend for Altruistiq
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Altruistiq's Competitors and alternates

Top competitors of Altruistiq include Eoliann, Optera and Newtral. Here is the list of Top 10 competitors of Altruistiq, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Altruistiq
Altruistiq
2020, London (United Kingdom), Seed
Online data intelligence platform for sustainable business decisions
$18M
61/100
2nd
Logo for Eoliann
Eoliann
2022, Torino (Italy), Series A
AI-based platform offering solutions to forecast climate risks
$6.32M
56/100
3rd
Logo for Optera
Optera
2006, Boulder (United States), Series A
Online platform to track, manage and achieve emissions goals
$25.6M
56/100
4th
Logo for Newtral
Newtral
2022, Bengaluru (India), Seed
Provider of AI-powered platform automating sustainability, emissions measurement, and ESG reporting
$678K
55/100
5th
Logo for Sylvera
Sylvera
2020, London (United Kingdom), Series B
Provider of solutions to offset the carbon footprint
$99.6M
53/100
6th
Logo for nZero
nZero
2016, Reno (United States), Series A
Online platform for carbon management
$43.3M
53/100
7th
Logo for EcoNetix
EcoNetix
2023, Vienna (Austria), Seed
Provider of carbon emission reduction solution
$5.27M
52/100
8th
Logo for Teren
Teren
2017, Lakewood (United States), Series A
Provider of cloud-based environmental risk management software and data suites. It offers a platform for identifying, prioritizing, and managing environmental threats to infrastructure and assets. The software utilizes geospatial, earth, and data science to provide insights across various industries, including land and forestry, pipeline integrity management, and renewable development. Data suites cover areas such as geohazards, hydrology, wildfire risk, and vegetation management. The platform enables customized environmental intelligence solutions tailored to specific risk factors.
$11.1M
49/100
9th
Provider of a platform offering decision support software
$4.3M
47/100
10th
Logo for Neutreeno
Neutreeno
2020, London (United Kingdom), Seed
Provider of decarbonisation system that maps value chains and emissions
$5.1M
45/100
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Altruistiq's Investments and acquisitions

Altruistiq has made no investments or acquisitions yet.

Reports related to Altruistiq

Here is the latest report on Altruistiq's sector:

News related to Altruistiq

Media has covered Altruistiq for 1 event in last 1 year, It was about company updates.
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