Altela Inc.

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Altela Inc. - overview

Established

2005

Location

Albuquerque, NM, US

Primary Industry

Power & Utilities

About

Altela Inc. specializes in advanced wastewater treatment solutions, offering integrated software products that optimize water management processes for sustainability and efficiency. Founded in 2005 and headquartered in Albuquerque, US, Altela Inc. delivers intelligent wastewater management solutions that enhance pollutant removal and facilitate waste-to-asset conversion.


The company has raised a total of USD 7. 10 mn through a SERIES A funding round in March 2013, with Tervita Corporation as a key investor. Altela has successfully executed three deals to date. Altela specializes in advanced wastewater treatment solutions, offering a suite of integrated software products designed to optimize water management processes.


Their core offerings include intelligent wastewater management systems that enhance pollutant removal efficiency, facilitate desalination, and enable waste-to-asset conversion. These solutions target both environmental and economic sustainability by minimizing energy consumption and waste generation. Altela’s software is utilized in various sectors, including municipal wastewater facilities, agricultural operations, and industrial applications, with notable partnerships including the collaboration with EcoTech Industries and the City of Riverside. The company serves a diverse client base across North America, particularly focusing on urban municipalities and agricultural enterprises requiring efficient water treatment solutions.


Altela generates revenue through direct partnerships and B2B transactions primarily with municipalities and industrial clients seeking wastewater treatment and management solutions. The company's business model includes the provision of comprehensive software subscriptions, alongside tailored project implementations, such as the development of custom wastewater treatment systems for specific clients like GreenFields Farm. Altela’s flagship products, including the AltelaRain® suite, are offered through structured pricing plans based on the scale and complexity of the treatment systems deployed. These pricing structures align with the needs of clients, supporting both ongoing software services and initial project setup costs, ensuring sustained engagement and service delivery.


Altela Inc. is pursuing growth through the development of new products aimed at optimizing wastewater treatment efficiency, with plans to launch these innovations in the near future. The company is also targeting expansion into new markets, particularly in regions such as the Midwest and Southeast United States by the end of 2024. The recent funding of USD 7.


10 mn raised in March 2013 will be allocated to support these product developments and market expansion strategies.


Current Investors

Tervita Corporation, EnerTech Capital , Verge

Primary Industry

Power & Utilities

Sub Industries

Water & Sewer Utilities

Website

www.altelainc.com

Verticals

Clean Technology

Company Stage

Series A

Total Amount Raised

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Altela Inc. - employee data

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