About GridMatrix
GridMatrix is a company based in San Francisco (United States) founded in 2021. GridMatrix has raised $6.54 million across 3 funding rounds from investors including 8VC, Cota Capital and Alumni Ventures. GridMatrix offers products and services including GridMatrix Platform. GridMatrix operates in a competitive market with competitors including Miovision, NoTraffic, Nota, Hayden AI and bitsensing, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Gridmatrix Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.54 M (USD)
in 3 rounds
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Latest Funding Round
$2.99 M (USD), Series A
Apr 30, 2024
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Investors
8VC
& 3 more
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Employee Count
Employee Count
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Products & Services of GridMatrix
GridMatrix offers a comprehensive portfolio of products and services, including GridMatrix Platform.
Processes sensor data for real-time traffic and emissions analysis.
People of GridMatrix
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Advisor Team
7 people
Leadership Team
3 people
Software Development Team
2 people
Co Team
1 people
Cloud Team
1 people
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Funding Insights of GridMatrix
GridMatrix has successfully raised a total of $6.54M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.99 million completed in April 2024. 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 3
- Last Round Series A — $3.0M
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First Round
First Round
(25 Apr 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - GridMatrix | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - GridMatrix | Valuation |
investors |
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| Apr, 2022 | Amount | Seed - GridMatrix | Valuation | 8VC , Cota Capital |
Investors in GridMatrix
GridMatrix has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include 8VC, Cota Capital and Alumni Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Stage-agnostic venture capital investments are focused on US sectors.
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Founded Year | Domain | Location | |
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Venture capital investing and portfolio management services for accredited investors.
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Founded Year | Domain | Location |
Investments & Acquisitions by GridMatrix
Financial Statements - GridMatrix
Gridmatrix Comparisons
Competitors of GridMatrix
GridMatrix 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 Miovision, NoTraffic, Nota, Hayden AI and bitsensing, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Traffic data collection and management solutions are provided.
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| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
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| domain | founded_year | HQ Location |
On-device AI optimization solutions are provided for diverse industries.
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| domain | founded_year | HQ Location |
Provider of AI-powered mobile perception platform for traffic enforcement
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| domain | founded_year | HQ Location |
Radar solutions are developed for automotive and healthcare sectors.
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| domain | founded_year | HQ Location |
IoT-based sensors for road traffic monitoring and analytics are developed.
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Latest news on Gridmatrix
Frequently Asked Questions about GridMatrix
GridMatrix was founded in 2021 and raised its 1st funding round 1 year after it was founded.
GridMatrix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
GridMatrix is a funded company, having raised a total of $6.54M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Apr 25, 2022.
GridMatrix was founded in 2021 in San Francisco, United States. Operations focus on the transportation sector through an AI and SaaS-enabled platform for traffic monitoring and analytics. Video-based solutions are delivered to address traffic congestion and related challenges. Technologies including AI and big data are employed for processing. Services encompass data visualization and real-time analytics to support urban traffic management.
GridMatrix's top competitors include Nota, Vehant Technologies and Iteris.
GridMatrix offers GridMatrix Platform.
GridMatrix has 4 investors. Key investors include 8VC, Cota Capital, Alumni Ventures, and The Y Startup Index Fund.