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Altela

Altela
2005 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Series B LATEST DEAL TYPE
$10.3M LATEST DEAL AMOUNT
3 INVESTORS
Description

Developer of a fluid waste reduction technology designed to desalinate and decontaminate waste fluids. The company's AltelaRain water desalination system reduces the volume of waste fluids and converts waste into an asset for beneficial re-use, enabling clients to decontaminate and produce water without using energy intensive equipment.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Environmental Services (B2B)
Other Industries
Water Utilities
Other Commercial Products
Primary Office
Denver Technology Center, 7887 East Belleview
Suite 1100, Englewood
Denver, CO 80111
United States

+1 (303) 000-0000
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Altela Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series B) 26-Mar-2013 $10.3M 000.00 000.00 Completed Generating Revenue
3. Early Stage VC (Series A) 17-Oct-2007 00.00 00.00 000.00 Completed Startup
2. Seed Round 01-Aug-2005 $1M $2.2M Completed Startup
1. Early Stage VC $1.2M $1.2M Completed Startup
To view this company’s complete deal history including valuation and funding, request access »

Altela Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B 00,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
Series A 00,000,000 00.000000 00 00.00 00.00 00 00.0 00.000
To view this company’s complete Cap Table, request access »

Altela Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Tervita PE-Backed Company Minority 000 0000 000000 0
Verge Fund Venture Capital Minority 000 0000 000000 0
EnerTech Capital Venture Capital Minority 000 0000 000000 0

Altela Executive Team (7)

Name Title Board
Seat
Contact
Info
Matthew Bruff JD Co-Founder, Chief Executive Officer & Board Member
Penny Omtvedt Controller
Shelley Barratt Director, Human Resources
Steven Cummings Vice President of Business Development

3 Former Executives

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Altela Board Members (5)

Name Representing Role Since Contact
Info
Jim McMahon Tervita Board Member 000 0000
Kevin Murphy Self Board Member 000 0000
Kristin Peseau Self Board Member 000 0000
Steve Swanson Self Board Member 000 0000
Thomas Stephenson Verge Fund Board Member 000 0000
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