About MathWorks
MathWorks is a company based in Natick (United States) founded in 1984 by Steve Bangert, Cleve Moler, and Jack Little.. The company has 1,355 employees as of October 31, 2024. MathWorks has completed 1 acquisition, including Vector Zero. MathWorks operates in a competitive market with competitors including Basemark, Luos, Primarius, ChipStack and Inspirit IoT, among others.
- Headquarter Natick, United States
- Employees 1355 as on 31 Oct, 2024
- Founders Steve Bangert, Cleve Moler, Jack Little
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
European Union
& 1 more
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Employee Count
1355
as on Oct 31, 2024
- Investments & Acquisitions
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Funding Insights of MathWorks
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(30 Oct 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2018 | Amount | Grant - MathWorks | Valuation |
investors |
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| Jan, 2016 | Amount | Grant - MathWorks | Valuation |
investors |
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| Oct, 2009 | Amount | Grant - MathWorks | Valuation |
investors |
| 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 |
Investors in MathWorks
MathWorks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Military Health. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Administers health care and support for military personnel and operations.
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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 MathWorks
MathWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vector Zero. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Road modeling and simulation software
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MathWorks
| 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 |
Mathworks Comparisons
Competitors of MathWorks
MathWorks 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 Basemark, Luos, Primarius, ChipStack and Inspirit IoT, 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 |
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| domain | founded_year | HQ Location |
Augmented reality software and tools are developed for automotive applications.
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Developer of an engine for linking systems from microcontrollers to supercomputers
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EDA solutions for chip design development are provided.
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| domain | founded_year | HQ Location |
Systems for chip design are developed using integrated software stacks.
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AI consulting and development for IoT hardware acceleration are provided.
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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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On-demand services are booked through an app-based platform.
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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 Mathworks
Frequently Asked Questions about MathWorks
When was MathWorks founded?
MathWorks was founded in 1984 and raised its 1st funding round 25 years after it was founded.
Where is MathWorks located?
MathWorks is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Who is the current CEO of MathWorks?
Jack Little is the current CEO of MathWorks. They have also founded this company.
How many employees does MathWorks have?
As of Oct 31, 2024, the latest employee count at MathWorks is 1,355.
What does MathWorks do?
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.
Who are the top competitors of MathWorks?
How many acquisitions has MathWorks made?
MathWorks has made 1 acquisition, including Vector Zero.
Who are MathWorks's investors?
MathWorks has 2 investors. Key investors include European Union, and Military Health.
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