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.
- Website
- www.altruistiq.com/
- Email ID
- *****@altruistiq.com
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Seed
Total Funding
$18M in 1 round
Latest Funding Round
Post Money Valuation
£***** as on Feb 16, 2023
Investors
Ranked
1st among 163 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
40 as on Jul 31, 2026
Legal entities associated with Altruistiq
Altruistiq is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EXPANDING CIRCLE LTD CIN: 13115702 , United Kingdom, Active | Jan 05, 2021 | £1M - £10M (As on Dec 31, 2024) | 60 (As on Dec 31, 2024) |
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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 |
View details of Altruistiq's funding rounds and investors
Altruistiq's founders and board of directors
Founder? Claim ProfileThe founders of Altruistiq is Saif Hameed. Saif Hameed is the CEO of Altruistiq.
Here are the details of Altruistiq's key team members:
- Saif Hameed: Founder & CEO of Altruistiq. Contact Info: 1 email address
View details of Altruistiq's Founder profiles and Board Members
Altruistiq's employee count trend
Altruistiq has 40 employees as of Jul 26. Here is Altruistiq's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Altruistiq 2020, London (United Kingdom), Seed | Online data intelligence platform for sustainable business decisions | $18M | 61/100 | |
2nd | AI-based platform offering solutions to forecast climate risks | $6.32M | 56/100 | ||
3rd | Optera 2006, Boulder (United States), Series A | Online platform to track, manage and achieve emissions goals | $25.6M | 56/100 | |
4th | Provider of AI-powered platform automating sustainability, emissions measurement, and ESG reporting | $678K | 55/100 | ||
5th | Sylvera 2020, London (United Kingdom), Series B | Provider of solutions to offset the carbon footprint | $99.6M | 53/100 | |
6th | nZero 2016, Reno (United States), Series A | Online platform for carbon management | $43.3M | 53/100 | |
7th | Provider of carbon emission reduction solution | $5.27M | 52/100 | ||
8th | 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 | Clearly 2021, United Kingdom, Seed | Provider of a platform offering decision support software | $4.3M | 47/100 | |
10th | 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.
•
Altruistiq launches 'cradle-to-grave' carbon footprint tool for food, drink, and packagingBusinessGreen•Sep 08, 2025•Altruistiq
•
SettleMint raises €16M for its low-code platform that helps build blockchain appsTech Funding News•Oct 11, 2022•SettleMint, Molten Ventures, Altruistiq, Focal Point Data Risk and 10 others
•
Altruistiq Raises £15M in Seed FundingFinSMEs•Jul 25, 2022•Altruistiq, Molten Ventures, Norrsken Foundation, Norrsken VC and 4 others
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