Trust Altus

Kenner, United States Founded: 1994 • Age: 32 yrs Acquired By NewSpring
Accounts receivable management and debt recovery services are offered.
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About Trust Altus

Trust Altus is a company based in Kenner (United States) founded in 1994 was acquired by NewSpring in April 2016.. The company has 186 employees as of December 31, 2022. Trust Altus operates in a competitive market with competitors including InDebted, Sidetrade, CredFlow, Slope and Satago, among others.

  • Headquarter Kenner, United States
  • Employees 186 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altus Gts, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    186

    as on Dec 31, 2022

  • Acquired by
    NewSpring

    (Apr 05, 2016)

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People of Trust Altus
Headcount 200-500
Employee Profiles 32
Employee Profiles
People
Robert Andreu
Director Of Business Development
People
Brad Guillet
National Account Manager
People
Mike Baldwin
Chief Executive Officer
People
Jason Gallagher
Senior Vice President Of Sales

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Funding Insights of Trust Altus

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Trust Altus

Trust Altus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NewSpring Capital and Spring Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
Founded Year Domain Location
Flexible junior capital solutions are offered to growing businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Trust Altus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Trust Altus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trust Altus Comparisons

Employees
+
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Competitors of Trust Altus

Trust Altus 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 InDebted, Sidetrade, CredFlow, Slope and Satago, 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
domain founded_year HQ Location
Cloud-based debt collection solutions are offered to businesses.
domain founded_year HQ Location
AI-enabled accounts receivable solutions are provided for businesses.
domain founded_year HQ Location
Cashflow management platform is offered to small and medium enterprises.
domain founded_year HQ Location
Decentralized cryptocurrency exchange and wallet services are provided by Slope.
domain founded_year HQ Location
Provider of a risk management platform for businesses
domain founded_year HQ Location
Data-based receivable management system
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Trust Altus

Frequently Asked Questions about Trust Altus

When was Trust Altus founded?

Trust Altus was founded in 1994.

Where is Trust Altus located?

Trust Altus is headquartered in Kenner, United States. It is registered at Kenner, Louisiana, United States.

How many employees does Trust Altus have?

As of Dec 31, 2022, the latest employee count at Trust Altus is 186.

What does Trust Altus do?

Altus was founded in 1994 and is headquartered in Kenner, United States. Debt collection and recovery services are delivered to businesses within the financial sector. Operations encompass pre-collection support, trade data analysis, business credit reporting, and comprehensive accounts receivable oversight. Affiliations are maintained with the Commercial Law League of America, its Commercial Collections Agency Association, and the International Association of Commercial Collectors.

Who are the top competitors of Trust Altus?

Trust Altus's top competitors include InDebted, CredFlow and PAIR Finance.

Who are Trust Altus's investors?

Trust Altus has 2 investors. Key investors include NewSpring Capital, and Spring Capital Partners.

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