
About MathWorks
MathWorks is a Technology company based in Natick (United States) founded in 1984 by Steve Bangert, Cleve Moler, and Jack Little. Mathematical computing software is developed for algorithm solutions. The company has 1,355 employees. MathWorks has completed 1 acquisition, including Vector Zero. Its chief executive, as recorded, is Jack Little. Its website mathworks.com draws about 7.2 million monthly visits. Its Indian entity Mathworks India Private Limited reported revenue of βΉ985 Cr. Its focus areas include Semiconductors, Electronic Design Automation Tools, Design and Simulation Tools and Horizontal. Its competitors include ChipStack, Inspirit IoT and Innoveda; 1 of its 3 listed competitors has raised funding.
Company details
Developer of solutions for algorithm development. The platform specializes in the development of mathematical computing software. Product offerings include MATLAB that is used for parallel computing, analyzing and visualizing data, control system, application deployment. It allows users to develop algorithms, and provides optimization tools. It enables users to examine the source code to determine the run-time errors. The platform serves aerospace and defense, electronics, automotive, financial services, biotech, pharmaceutical and medical, industrial automation and machinery, semiconductors, communications, and computers and office equipment industries.
- Headquarters Natick, United States
- Employees 1,355
- Founders Steve Bangert, Cleve Moler, Jack Little
- SectorsTechnology
- Website category Science and Education · Math
- Phoneβ’β’β’β’ β’β’β’β’
- Website mathworks.com
- Social LinkedIn X Facebook
- Legal Name Mathworks India Private Limited
- Date of Incorporation 25 Jan, 2008
- Indian entity revenue₹985 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹73.78 Cr
FY 2025 · 7% margin
- Indian entity EBITDA₹130 Cr
FY 2025 · 13% margin
- InvestorsEuropean Union
& 1 more
- Employee Count1,355
- Investments & Acquisitions
Associated legal entities of MathWorks
MathWorks operates through Mathworks India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mathworks India Private Limited CIN U72200KA2008FTC045050 | Active | 25 Jan 2008 | Bangalore, Karnataka | ₹985 Cr | 1,380 | 4 | View details |
Funding Insights of MathWorks
- Total Rounds 3
- First Round $179,768
(Oct 2009)
- Investors Count 2
All 3 funding rounds of MathWorks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | Grant | β | β | ||
| Jan 2016 | Grant | β | β | ||
| Oct 2009 | $179,768 | Grant | β | β |
2 investors in total: 2 institutional.
Investors in MathWorks
MathWorks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Military Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Administers health care and support for military personnel and operations. | health.mil |
Investor details for MathWorks
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Board of directors of Mathworks India Private Limited (MathWorks)
Mathworks India Private Limited is the primary company behind MathWorks. The board of Mathworks India Private Limited currently have 3 directors; the longest-serving is Jeanne Marie O Keefe, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jeanne Marie O Keefe DIN 01559439 | Director | 25 Jan 2008 | 18 yrs 9 mo | Mathworks India Private Limited |
| Steven Douglas Barbo DIN 01559748 | Director | 25 Jan 2008 | 18 yrs 9 mo | Mathworks India Private Limited |
| Kumar Bakthavatchalu DIN 08320303 | Director | 07 Jan 2019 | 7 yrs 10 mo | Mathworks India Private Limited |
People of MathWorks
112 people are tracked at MathWorks (28 in leadership, 84 in team); the tracked headcount is 1,355.
| Name | Role | Group |
|---|---|---|
Steve Bangert | Co-Founder | Leadership |
Cleve Moler | Co-Founder | Leadership |
Jack Little | Co-Founder & CEO | Leadership |
Partha Biswas | Director Of Engineering | Leadership |
Dave Foti | Director Of Engineering | Leadership |
Jerry McElhinney | Engineering Director | Leadership |
Swarup Medasani | Director Of Engineering | Leadership |
Krishna Balasubramanian | Director Of Engineering | Leadership |
Fred Smith | Director Of Engineering | Leadership |
Anna Michienzi | Principal Compensation Partner, Global | Leadership |
James Gonthier | Director Of Software Engineering | Leadership |
Michael McCredie | VP Finance | Leadership |
Roy Lurie | VP Engineering, Matlab Products | Leadership |
Jeanne O'Keefe | Chief Financial Officer And Senior Vice President | Leadership |
Marcus Hatfield | Vice President Of Corporate Development And Partner Programs | Leadership |
Elizabeth Haight | Vice President | Leadership |
Jessica Keogh | Principal Human Resources Business Partner | Leadership |
Jackie Christiano | Senior Director Of Finance & Export Compliance | Leadership |
Maya Sherr | Head Of Global Inclusion & Belonging, Immigration, And Compliance | Leadership |
Jennifer Vale | Principal HR Business Partner | Leadership |
92 more people are available in the full profile.
Complete people profiles for MathWorks
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Financials of MathWorks
Figures of Mathworks India Private Limited, the primary company behind MathWorks, for FY 2025. Revenue was ₹985 Cr (+7% year on year). Net profit was ₹73.78 Cr (7% margin). EBITDA was ₹130 Cr (13% margin). Revenue has grown at a compounded annual rate of +19% over three years and +16% over five years.
- ₹985 CrRevenue · FY 2025 · +7% YoY
- ₹73.78 CrNet profit · 7% margin
- ₹130 CrEBITDA · 13% margin
- ₹6.50 CrPaid-up capital
- 1,380Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mathworks India Private Limited are on its company page.
Detailed financial statements for MathWorks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by MathWorks
MathWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vector Zero.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Road modeling and simulation software | vectorzero.io | Carlsbad, United States | 2017 | Apr 2020 | β’β’β’β’ |
Complete acquisition details for MathWorks
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Timeline of MathWorks
4 dated milestones of MathWorks across 36 years, from founding to its latest funding, stage changes and deals.
- Founded MathWorks is founded.
- Funding First funding round of $180K.
- Funding Latest funding round, Grant,.
- Acquisition Acquires Vector Zero.
Competitors of MathWorks
MathWorks has 3 listed competitors in our database, 1 of them funded. They include ChipStack, Inspirit IoT and Innoveda.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chipstack.ai | 2024 | Seattle, United States | Systems for chip design are developed using integrated software stacks. | |||
| inspirit-iot.com | 2011 | Champaign, United States | $1.25M | AI consulting and development for IoT hardware acceleration are provided. | ||
| innoveda.com | 1998 | Marlborough, United States | Electronic design automation tools are supplied for diverse industrial sectors. |
Detailed competitors of MathWorks
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Web traffic of MathWorks
The website of MathWorks (mathworks.com) receives about 7.2M visits a month and ranks #6,938 among all websites worldwide, #310 in Math.
- Monthly visits7.2M
▲ 1.1% vs previous month
- Unique visitors2.3M
per month
- Global rank#6,938
among all websites
- Category rank#310
Science and Education · Math
- Bounce rate40%
- Pages per visit5.4
- Average visit5 min 26 sec
- DevicesDesktop 84% Β· Mobile 16%
Websites whose visitors overlap most with MathWorks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wolfram.com | 100% | 1.7M | #37,271 | View details | |
| overleaf.com | 98% | 36.7M | #1,656 | View details | |
omatrix.com | omatrix.com | 95% | β | ||
| maplesoft.com | 95% | 320.7K | #135,897 | View details | |
| mathsoft.com | 95% | View details | |||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for MathWorks
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Top companies in Electronic Design & Engineering Tools
3 companies that operate in the same segment as MathWorks (Electronic Design & Engineering Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electronic design automation solutions are provided for semiconductor systems. | 1986 | United States | USD 7.05 B | 20,000 | ||
Provider of a suite of cloud-based electronic design automation tools for integrated circuits | 1976 | Austin, Texas, United States | USD 37.56 M | 280 | ||
Network-on-chip interconnect IP is provided for AI-enabled SoCs. | 2003 | Campbell, California, United States | USD 39.3 M | USD 70.58 M | 267 |
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Related news about Mathworks
Complete news archive for MathWorks
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Frequently Asked Questions about MathWorks
MathWorks was founded in 1984 and raised its 1st funding round 25 years after it was founded.
MathWorks is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Jack Little is the CEO of MathWorks, as recorded in our data. They have also founded this company.
MathWorks has 1,355 employees.
The primary company behind MathWorks, Mathworks India Private Limited, reported revenue of βΉ985 Cr for FY 2025, up 7% year on year.
Developer of solutions for algorithm development. The platform specializes in the development of mathematical computing software. Product offerings include MATLAB that is used for parallel computing, analyzing and visualizing data, control system, application deployment. It allows users to develop algorithms, and provides optimization tools. It enables users to examine the source code to determine the run-time errors. The platform serves aerospace and defense, electronics, automotive, financial services, biotech, pharmaceutical and medical, industrial automation and machinery, semiconductors, communications, and computers and office equipment industries.
MathWorks's top competitors include Inspirit IoT, ChipStack and Innoveda.
MathWorks has made 1 acquisition, including Vector Zero.
MathWorks has 2 investors. Key investors include European Union, and Military Health.
MathWorks operates through Mathworks India Private Limited.
The legal entities of MathWorks currently have 4 directors, including Kumar Bakthavatchalu, Jeanne Marie O Keefe, Steven Douglas Barbo and others.
The website of MathWorks receives about 7.2 million visits a month and ranks #6,938 among all websites worldwide.
