Manufacturing supply chain visibility software AltiusHub has raised $2.25 million in seed funding, led by Endiya Partners with participation from other investors. The funds will be used to strengthen its engineering team and hire industry-specific senior talent.

Founded in 2023 by Siddharth Reddy and Abiram Vijaykumar, AltiusHub aims to help manufacturing companies, particularly in the pharmaceutical sector, secure their supply chains. The company’s SaaS platform enables pharmaceutical firms to track and trace products throughout the production process, ensuring compliance with global regulatory standards such as US DSCSA, EU FMD, UAE Tatmeen, and India’s iVeda.

AltiusHub’s software focuses on preventing counterfeit medicines from entering the supply chain by providing real-time visibility into the movement of products. It detects patterns and anomalies that may indicate counterfeit activities, and alerts users immediately of any irregularities or deviations, allowing for quick intervention.

The startup’s focus on the pharmaceutical industry comes at a crucial time, as counterfeiting remains a significant issue worldwide. The platform’s advanced tracking and tracing capabilities are expected to enhance product integrity and safety across the supply chain.

With the global track and trace market projected to reach $7.3 billion by 2026, AltiusHub is well-positioned to capitalize on the growing demand for secure and transparent supply chains. The new funding will further support its mission to help manufacturers safeguard their supply chains and meet regulatory compliance.