About Altru Labs
Altru Labs is a company based in New York (United States) founded in 2017 by Vincent Polidoro, Mark Wasmund, and Alykhan Rehmatullah was acquired by iCIMS in December 2020.. Altru Labs has raised $1.47 million across 2 funding rounds from investors including iCIMS, Techstars and Birchmere Ventures. Altru Labs offers products and services including iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding. Altru Labs operates in a competitive market with competitors including D2L, Degreed, CoachHub, Docebo and WorkRamp, among others.
- Headquarter New York, United States
- Founders Vincent Polidoro, Mark Wasmund, Alykhan Rehmatullah
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Products & Services of Altru Labs
Altru Labs offers a comprehensive portfolio of products and services, including iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streamlines hiring with configurable enterprise ATS tools.
Automates sourcing and nurture campaigns for recruitment.
Helps build employer brand through career sites and videos.
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Funding Insights of Altru Labs
Altru Labs has successfully raised a total of $1.47M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.3M
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First Round
First Round
(17 Apr 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2018 | Amount | Seed - Altru Labs | Valuation | Birchmere Ventures | |
| Apr, 2018 | Amount | Seed - Altru Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Altru Labs
Altru Labs has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include iCIMS, Techstars and Birchmere Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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US focused early-stage VC firm investing in tech & life sciences start-ups
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Startups are accelerated globally without sector restrictions through structured programs.
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Active Capital is focused on pre-seed investments in enterprise software.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altru Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Altru Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altru Labs Comparisons
Competitors of Altru Labs
Altru Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as D2L, Degreed, CoachHub, Docebo and WorkRamp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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Cloud-based LMS platform tracks skills across industries.
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Provider of online coaching and professional development solutions
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Cloud-based learning management system for corporate employee training is provided.
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Enterprise learning management systems are provided for training programs.
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E-learning platforms are provided for professional skills and compliance training.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Altru Labs
When was Altru Labs founded?
Altru Labs was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Altru Labs located?
Altru Labs is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Altru Labs?
Alykhan Rehmatullah is the current CEO of Altru Labs. They have also founded this company.
Is Altru Labs a funded company?
Altru Labs is a funded company, having raised a total of $1.47M across 2 funding rounds to date. The company's 1st funding round was a Seed of $170K, raised on Apr 17, 2018.
What does Altru Labs do?
Altru was founded in 2017 in New York, United States, within the HR technology sector. Candidate experience management solutions are offered to employers through a mobile-first platform that enables the creation of engaging content by employees. Training and onboarding tools are included, along with features for sharing content on social media channels. Operations focus on recruitment and talent engagement, serving clients such as Dell, Unilever, and LOreal.
Who are the top competitors of Altru Labs?
What products or services does Altru Labs offer?
Altru Labs offers iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding.
Who are Altru Labs's investors?
Altru Labs has 4 investors. Key investors include iCIMS, Techstars, Birchmere Ventures, and Active Capital.
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