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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Processes sensor data for real-time traffic and emissions analysis.
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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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GridMatrix
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GridMatrix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gridmatrix
Frequently Asked Questions about GridMatrix
When was GridMatrix founded?
GridMatrix was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is GridMatrix located?
GridMatrix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is GridMatrix a funded company?
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.
What does GridMatrix do?
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.
Who are the top competitors of GridMatrix?
GridMatrix's top competitors include Nota, Vehant Technologies and Iteris.
What products or services does GridMatrix offer?
GridMatrix offers GridMatrix Platform.
Who are GridMatrix's investors?
GridMatrix has 4 investors. Key investors include 8VC, Cota Capital, Alumni Ventures, and The Y Startup Index Fund.