Matrak

Melbourne, Australia Founded: 2013 • Age: 13 yrs
SaaS-driven software for tracking construction materials is provided.
Annual revenue - Latest available
Total funding $10.7M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Matrak

Matrak is a company based in Melbourne (Australia) founded in 2013 by Brett Hodgkins and Shane Hodgkins. It operates as a SaaS (Software-as-a-Service). Matrak has raised $10.74 million across 3 funding rounds from investors including Hickory, Rampersand and Leigh Jasper. Matrak offers products and services including Matrak Connect, Material Tracking, and Embodied Carbon Tracking. Matrak operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.

  • Headquarter Melbourne, Australia
  • Founders Brett Hodgkins, Shane Hodgkins
  • Sectors
    Real Estate & Construction
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Matrak Enterprises Pty Ltd
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.74 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.89 M (USD), Series A

    Apr 29, 2024

  • Investors
    Hickory

    & 5 more

  • Employee Count
    Not available
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Products & Services of Matrak

Matrak offers a comprehensive portfolio of products and services, including Matrak Connect, Material Tracking, and Embodied Carbon Tracking.

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Primary

AI-driven workflows for construction material tracking are provided.

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Source-to-site material tracking for construction projects is enabled.

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Real-time carbon budget tracking for materials is offered.

Funding Insights of Matrak

Matrak has successfully raised a total of $10.74M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.89 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.

Investors in Matrak

Matrak has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Hickory, Rampersand and Leigh Jasper.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funding is offered to early-stage tech founders.
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Superseed Ventures is focused on investing in TradeTech solutions.
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Venture capital investing across early-stage tech startups
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Investor details for Matrak

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Investments & Acquisitions by Matrak

Investments
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Investment portfolio details for Matrak

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Financial Statements - Matrak

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Detailed financials for Matrak

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Matrak Comparisons

Matrak Primary company
Description
SaaS-driven software for tracking construction materials is ...
Location
Melbourne, Australia
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Matrak

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Competitors of Matrak

Matrak 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 Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.

Company Name Domain Founded year HQ Location Description
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A cloud-based collaboration platform is offered for construction project teams.
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Provider of collaboration on web and mobile for field construction
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SaaS software for construction professionals' communication and collaboration is provided.
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Cloud-based project management software is delivered for construction projects.
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Mobile-first quality management and field management solution for construction projects
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of Matrak

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Latest news on Matrak

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Complete news archive for Matrak

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Frequently Asked Questions about Matrak

Matrak was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Matrak is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Shane Hodgkins is the current CEO of Matrak. They have also founded this company.

Matrak is a funded company, having raised a total of $10.74M across 3 funding rounds to date.

Material tracking and construction management solutions are offered by Matrak. The company focuses on source-to-site tracking across fabrication, logistics, quality, and carbon accounting. Sectors served include construction for builders, manufacturers, suppliers, logistics, and installers. AI-driven workflows, seamless integrations with tools like Procore and Autodesk, and real-time reporting are provided. Solutions aim to de-risk supply chains, improve margins, and ensure compliance with ESG standards through accurate carbon tracking. A global network connects over 1000 companies for streamlined project delivery.

Matrak's top competitors include XYZ Reality, PlanGrid and Powerplay.

Matrak offers Matrak Connect, Material Tracking, and Embodied Carbon Tracking.

Matrak has 6 investors. Key investors include Hickory, Rampersand, Leigh Jasper, Superseed Ventures, and OIF Ventures.

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