# Altia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altia

- Industry: Consumer Products
- Headquarters: Colorado Springs, US
- Website: www.altia.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 22, 2011)
- Investors on record: 1

## About

Altia is a software development company focused on creating advanced graphical user interfaces for various industries, including automotive and consumer goods, facilitating the design and deployment of user-centric displays.Founded in 1991, Altia is headquartered in Colorado Springs, US. The company specializes in software solutions for embedded GUIs. The founders, Mike Juran and Tom Walton, have extensive experience in the tech industry. Altia secured USD 1.15 mn in Seed funding from FirstMile Ventures in November 2011, marking its only investment round to date, raising a total of USD 1.15 mn.Altia specializes in the development of software tools and engineering services for creating embedded graphical user interfaces (GUIs), primarily targeting the automotive and consumer goods industries. The company’s core offerings include Altia Design, a powerful editor for crafting custom GUIs, and Altia CloudWare™, which facilitates cloud-based hardware development and testing. These tools aim to streamline the design, development, and deployment of user interfaces, enabling Original Equipment Manufacturers (OEMs) and Tier 1 suppliers to deliver high-quality, brand-defining displays. Altia’s services cater to a diverse client base, including automotive manufacturers and companies in the medical and industrial sectors, with a strong presence in North America, Europe, and parts of Asia. The company’s solutions address various use cases, particularly focusing on enhancing user experience (UX) and ensuring compliance with industry standards for safety and quality.Altia generates revenue through B2B transactions, primarily providing proprietary software licenses and engineering consulting services to its clients. The company’s revenue model is structured around direct sales of its software products, supplemented by ongoing engineering support and customization services tailored to specific client needs. Clients typically enter into agreements that may involve annual subscriptions for software services or project-based fees for engineering support. Flagship products, such as Altia Design and Altia CloudWare™, are pivotal to these transactions, serving as essential tools for clients aiming to optimize their GUI development processes. The pricing structure reflects the premium nature of the services offered, consistent with industry standards for high-performance software solutions and expert engineering services.In the coming years, Altia plans to roll out additional features for its existing products and is exploring the development of new software tools targeted at emerging markets. Specific plans for geographic expansion include increasing its footprint in Europe and Asia by 2023. The recent Seed funding of USD 1.15 mn will be strategically utilized to support these initiatives, enhancing product development and market entry strategies.

## Funding rounds

- Seed, Nov 22, 2011, $1.1M — FirstMile Ventures

## Investors

- FirstMile Ventures (https://capitalatlas.ai/funds/firstmile-ventures) — Seed
